News

Vibrant Demand For Victorian Gold

18th Apr 2016

Underlining the strength and confidence in the Victorian breeding and racing industry the Inglis VOBIS Gold Yearling Sale has recorded increases across the board for the fourth straight year.

Bidding was fast and persistent over the last two days with 21 lots sold for $40,000 or more, which is more than double the amount from 2015.

230 yearlings have been sold at the sale this year at a remarkable clearance rate of 88% and a rising Select Session average up 40% year-on-year to $18,525.

“We targeted this sale due to all the VOBIS bonuses on offer throughout Victoria for these horses. The VOBIS scheme is great for my owners who have access to this prizemoney in Victoria and it is only getting stronger," said leading buyer Shea Eden.

The Cranbourne based trainer purchased six yearlings for $211,000 on Sunday and Monday, including the top two priced yearlings in the sale.

Eden went to $85,000 to secure the sale topping Lot 152. The colt by Stryker is the second foal of a multiple winning Elvstroem mare Actrice and was offered through the draft of Three Bridges Thoroughbreds, which stand the Group 1 producing sire Stryker.

“I’ve got a number of Stryker’s in the stable and I really like them. I heard prior to the sale that Three Bridges had a really nice colt coming here and I was really keen to come and have a look at him,” said Eden.

"I bought a Stryker [for $100,000] last year from Royale Harmony that all the top judges were on and I think this colt could even be better than him," Eden added.

Shea Eden will also train the Foxwedge colt (Lot 189) that sold for $82,500. From Canadian stakes winner Dance To My Tune, the colt was sold from the draft of Morning Rise Stud.

"As soon as I saw the Foxwedge colt I really liked him. He has a strong pedigree being out of Stravinsky mare that ran second in a Group 1 and he just looks like an early type. He has a great nature, good attitude and is really good bodied horse," said Shea Eden.

The Inglis Insurance award for the Best Presented Draft at the Inglis VOBIS Gold Yearling Sale was presented to Jen Fowler of Merrivale Farm, Gooram Victoria.

“On behalf of Inglis I would like to thank all vendors who have supported our yearling sales in Victoria this year and have been rewarded with record results across the board, from Premier Sessions One and Two through to this tremendous VOBIS Gold Sale,” said Inglis Victorian Manager Simon Vivian.

“To sell 843 yearlings at Oaklands this year at clearance rate of 88% is a great achievement and we look forward to following the fortunes of all of the graduates,” Vivian said.

Complete vendor, buyer and sire statistics for the sale can be viewed HERE and Inglis’ Make-An-Offer Service Service is available for lots which passed-in.

All yearlings offered at the sale are eligible for entry into the $5 million Inglis Race Series covering their 2YO, 3YO and 4YO racing seasons.

Horses paid up into the series that were sold at either the 2016 Inglis Premier or VOBIS Gold Yearling Sales will be eligible to compete in the $250,000 Inglis Premier race for two-year-olds in early 2017. For more information go to inglis.com.au/races

2016 Inglis VOBIS Gold Yearling Sale Statistics
(2015 in Brackets)

Select Session
Lots Catalogued: 206 (260)
Lots Sold: 160 (202)
Clearance Rate: 88% (87%)
Average Price: $18,525 ($13,231)
Median Price: $12,500 ($10,000)
Top Price: $85,000 ($62,000)
Gross: $2,964,000 ($2,672,750)

General and Supplementary Session
Lots Catalogued: 97 (102)
Lots Sold: 70 (71)
Clearance Rate: 91% (85%)
Average Price: $13,389 ($10,996)
Median Price: $8,000 ($6,500)
Top Price: $67,500 ($90,000)
Gross: $937,250 ($780,750)