The spectacular Inglis Digital pinhook result brought the curtain came down on a tremendous week of action at Riverside that saw all four auctions achieve significant growth.
In total, $60,501,250 has been traded over the past eight days between the HTBA May Yearling Sale, the Australian Weanling Sale, the Chairman’s Sale and today’s Australian Broodmare Sale.
It equates to a 14% increase on last year for the corresponding week of trade.
In what has been a record-breaking week at Riverside:
*Today’s Australian Broodmare Sale top lot Tiz My View – offered IF to Hanseatic by Coolmore and selling to Team Lucky Vega for $350,000 – was a $15,000 Inglis Digital purchase less than 12 months ago
*Friday night’s Chairman’s Sale gross of $33,430,000 is a new benchmark for the auction – as is its new top lot price of $2.7m for Shout The Bar - while its average of $470,845 is an industry benchmark for a sale of its kind in Australasia
*The Australian Weanling Sale saw the most growth statistically, with its gross of $13,011,000 a 51% year-on-year jump, while its average ($48,914) and median ($30,000) enjoyed increases of 11% and 25% respectively
*The HTBA May Yearling Sale was again a huge success, with its top lot (Extreme Choice x Dashie Diva) price of $300,000 a sale record, as was the average ($25,055), median ($17,000) and gross ($5,562,250)
Top lot honours today went to proven producer Tiz My View, whose current 2YO Bubble Palace – a Classic Yearling Sale graduate - has won her first two starts by a combined 7.3 lengths.
Fionnuala Timoney bought Tiz My View in last year’s Inglis Digital May Online Sale for just $15,000 – today she sold the mare for $350,000.
“It is unbelievable. It hasn’t sunk in yet, I think I’m still in shock,’’ Timoney said.
“Coming into this week anything over $100,000 I would have been delighted with, I think if she wasn’t making $100,000 I would have kept her at home and foaled her down.
“It’s unreal - I had my reserve at $80,000 so to have an opening bid of $120,000 was terrific and to end up where she did, I mean wow.’’
As for the upcoming Inglis Digital Sale, which closes from midday Wednesday, Timoney said: “I’ll be shopping. It’s great, I love the Inglis online sales. I’ve been lucky with a few good results, I’ve bought some nice horses from them and it’s great to get this kind of return bringing [Tiz My View] back just a few months later.’’
Team Lucky Vega representative Sam Fairgray added: “With Bubble Palace being by a son of Written Tycoon [in Rich Enuff], we bought her as a good physical for Written Tycoon.
“She was a fast 2YO herself Tiz My View and hopefully Bubble Palace can go on and get black type, if not be a G1 horse and we can have a nice result with this mare moving forward.
“With Bubble Palace’s potential in mind and honestly thinking she could be G1 potential – plus the fact Tiz My View was a lovely physical – we were happy to pay top dollar for her.’’
Today’s second-top lot honours were shared by 6YO mares Ariege (Exceed And Excel x Montsegur) IF to Ole Kirk and Interram (Snitzel x Fortune of War) IF to Pierro.
The duo sold for $340,000 to Paul Moroney/Catheryne Bruggeman and Leongatha Property Holdings respectively.
Verna Metcalfe of Middlebrook Valley Lodge, who offered Ariege on behalf of long-term clients Allan and Kate Gadsby, said the price was well above expectations.
“She’s a nice mare but we didn’t expect her to sell for that much. We put her on the market at $150,000 and I was rapt to get that price for her,’’ Metcalfe said.
“The mare was originally entered in The Chairman’s Sale but on the advice of the Inglis team we decided to go to this sale instead to be a standout and that’s exactly how it’s played out. So thanks to the Inglis team, they were on the money again. It was great advice.’’
Newgate Farm’s Henry Field, who sold Interram, was equally impressed with the $340,000 price tag for the mare.
“She was a lovely mare in foal to Pierro and a good sort. It was a good strong price for her but it’s been a great day of trade overall,’’ Field said.
“It’s been a very, very strong sale today and it was wonderful trade at the Chairman’s on Friday night, too, so it just carries on from that.
“I think the format’s been excellent. Inglis has really worked hard to get a great buying bench here, a very strong weanling sale into a great Chairman’s event.
“The Chairman’s Sale is now almost an event more so than a sale even. It’s a great evening and everyone enjoyed themselves and to finish off today with good, strong trade in the general session.”
Inglis Bloodstock CEO Sebastian Hutch said the past week well exceeded the expectations of most.
“It has been fantastic and while it is a big undertaking to get through yearlings, weanlings and mares in the space of a week, it has worked very well and it is just so efficient for most vendors,’’ Hutch said.
“We are hugely grateful to the vendors across each of the sales for their support and our team has worked hard to ensure that the nature of the service afforded to vendors and buyers is an industry benchmark.
“To have record sales for HTBA May, Australian Weanling and Chairman’s and then an extremely successful albeit smaller Australian Broodmare Sale today, it really has been an excellent week and one that I think we can continue to develop further.
“The week has demonstrated clearly that there is an appetite for more quality stock at each of these sales and those who have been good enough to support the sales with good horses have been incredibly well rewarded.
“For those who have missed out on securing stock this past week – and that’s a lot of people – I would encourage people to review the passed-in lots, while the current Inglis Digital catalogue has plenty of fillies, mares yearlings, weanlings, there’s something for everyone there and some exceptionally talented racehorses so I urge people to jump online and head to inglisdigital.com and inspect that catalogue ahead of Wednesday’s closing.’’
Buyers’ attention now moves to the digital space with the Inglis Digital May (Early) Online Sale.
The catalogue of 373 lots - 161 broodmares, 85 racehorses, 53 race fillies, 25 yearlings, 24 weanlings, 22 shares and three stallions – features a quartet of talented Chris Waller 3YOs (Coastwatch, O’President, Starman and Cape Breton), a 15-strong Godolphin unreserved broodmare reduction which includes well-related mares in foal to the likes of Brazen Beau, Astern, Harry Angel, Territories, Kermadec, Impending, Earthlight, Microphone etc, broodmare reductions from the likes of Coolmore and Swettenham plus drafts from the likes of Gai Waterhouse and Adrian Bott, Ciaron Maher Racing, Segenhoe, Rosemont, Blue Gum Farm, Widden, Ballymore Stables, Matthew Dunn, Sledmere, Supreme etc.
The final countdown of bidding begins from midday Wednesday.
To view the catalogue or to participate in the auction, CLICK HERE.
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