Inglis Easter Yearling Sale
Too Darn Hot colt fetches $2.2 million as Inglis Easter Yearling Sale draws to a close
A $2.2 million colt by star shuttler Too Darn Hot (Dubawi) bought partly by the stallion’s co-owners - Andrew Lloyd-Webber’s Watership Down Stud - topped the second session of a mixed bag of an Inglis Easter Yearling Sale, which closed at Riverside on Monday.
The colt, who is out of the Group 2-winning and Group 1-placed Enbihaar (Magnus), was bought from Widden Stud’s draft by Watership Down in union with trainers Gai Waterhouse and Adrian Bott, along with agent Johnny McKeever. They edged out Ciaron Maher’s bloodstock manager Will Bourne in a tense bidding duel.
But his purchase amid a booming list of 26 seven-figure lots - two off the sale’s 2008 record - couldn’t disguise the fact that Inglis was left frustrated over an auction that couldn’t fulfil its potential.
Inglis Bloodstock CEO Sebastian Hutch’s pre-sale fears that Easter 2026 would be impinged by uncertainty created by the war in Iran appeared to be vindicated in more than one area.
While the average was a sale record of $464,108, a decreased year-on-year gross figure and a clearance rate of 76 per cent - down from 86 per cent in 2025 - left Inglis lamenting over what might have been.
After withdrawals, the sale offered 28 more horses than last year - 415 to 387 - but sold 18 fewer yearlings, at 314 to 332.
This led to a drop in the gross figure, which on Monday night stood at $145,730,000 compared to $150,035,000 at the same stage last year.
Inglis had assembled a catalogue, backed up by the type of yearlings that met the eye, hailed by many as the finest gathered for Easter, the southern hemisphere’s most important yearling sale and the one justifiably marketed as “the best of the best”.
However, as evidence of a two-paced sale emerged - the top end robust and the bottom half particularly sticky - a high rate of lots passed in prevailed as many breeders, plagued by high production costs, took their horses home.
A total of 472 lots were catalogued, with ultimately 415 offered, and 100 were passed in. In 2025, 421 were catalogued, 386 offered, and just 47 passed in.
Hutch praised the work of his team, but couldn’t hide his frustration.
“We were very aware of the challenges [of] the war in the Middle East … the knock-on effect of that to the market and the approach of buyers - and in many respects that has been a big factor here,” Hutch told reporters at the close of trading.
“There are lots of little things we’ll look at. I think the primary thing we’d like to have improved is the clearance. We talk about the two things being important, the clearance and the gross. If you have good clearance that helps drive the gross.
“Clearance is off where we would like it to be and hence the gross is off where we’d like it to be. That’ll improve tonight and into tomorrow, but the market forces or market sentiment has ultimately hindered the sale from getting to where it probably should have got to.”
He added: “At all levels of the market confidence is crucially important, for vendors or buyers.
“Ultimately, it would appear certain profiles of buyers just weren’t that confident coming into the sale, given all that’s going on, and as a consequence, they were more discerning, more selective, less inclined to want to be forgiving of any vetting issues.”
Some analysts highlighted the larger number of fillies at the sale in pondering its flatter results.
In 2025, 187 fillies were catalogued against 234 colts. This time around, there were 245 fillies and 227 colts. Some wondered whether breeders were more inclined to take home their fillies due to their breeding potential, although of the 100 passed in lots, only 48 were female and 52 male.
“Given the profile of a lot of those fillies,” Hutch said, “there was a certain percentage of fillies that didn’t sell that vendors weren’t inclined to sell unless they hit a certain number.
“That’s entirely understandable with fillies. It’s hard to buy mares, it’s hard to develop pedigrees, so if they weren’t getting the right money for a filly they were happy to keep it. It’s not always the case with a colt.”
“The market forces or market sentiment has ultimately hindered the sale from getting to where it probably should have got to
Still, Hutch added: “I don’t think it [lowered confidence] affected any particular part of the market. It’s just a confidence thing.”
In robust news at the top end, after eight seven-figure lots were sold on Sunday, 18 were moved on Monday, headed by the $2.2 million Lot 288, and two that fetched $2 million.
As was widely anticipated, the sale was a veritable coronation parade for Newgate Farm’s siring sensation Extreme Choice (Not A Single Doubt), through ten lots offered from the stallion’s first crop conceived following his ascension to the service fee stratosphere, at $275,000.
From nine sold, he emerged with five of the ten highest-priced lots. After topping day one through his $3 million colt bought from Lime Country Thoroughbreds by Coolmore’s Tom Magnier, on Monday his highlight was his $2 million colt second foal of American mare Giza Goddess (Cairo Prince), bought by Yulong from Newgate’s draft.
Extreme Choice was the sale’s leading sire by averages, at $1.56 million - more than double second-best Too Darn Hot, at $752,000.
Newgate’s superstar ranked fourth by aggregate ($14.1 million) with his nine sellers dwarfed by the three above him. The late Snitzel (Redoute’s Choice) topped that chart with 32 yearlings sold for $19.2 million. I Am Invincible (Invincible Spirit) had 30 moved for $18.4 million. And Zoustar (Northern Meteor) had 26 sold for $17.7 million.
Only two of Extreme Choice’s nine sellers fell short of seven figures, and they fetched $900,000 and $800,000.
He also ensured Newgate finished as the sale’s leading vendor by average, with 18 sold at $868,000, ahead of Widden Stud’s $759,000. Newgate finished third by its aggregate of $15.6 million behind Arrowfield (45 sold for $19.1 million), and Widden (22 for $16.7 million).
Leading sires by average lot price
Leading buyer was Dean Hawthorne Bloodstock, purchasing for GSA Racing’s Jonathan Munz. The pair bought 15 lots for $8.8 million to top the chart ahead of Newgate’s seven for $5.7 million.
Newgate managing director Henry Field said the sale reflected the results of sub-fertile sensation Extreme Choice - who has 18 stakes winners including six elite victors at 12.5 per cent of runners - and the quality of his current crop of yearlings.
“It’s such an extraordinary line up of yearlings by Extreme Choice,” Field said. “It does not surprise me that they’ve sold so well, because the collection of them is phenomenal. I’m really pleased with it.”
While Extreme Choice topped the sale, Monday’s high mark went to Lot 288, the Too Darn Hot brother to Too Darn Lizzie.
“It does not surprise me that they’ve sold so well, because the collection of them is phenomenal
The successful bidding triumvirate had also purchased Too Darn Lizzie, from her sire’s first Australian crop, for $1 million at Magic Millions Gold Coast. Too Darn Lizzie earned Group 2 success and an elite placing before being bought by Maher for $2.4 million at last year’s Inglis Chairman’s sale.
Monday’s colt also represented a huge pinhooking success and a tick for the judgment of the nascent Equine Growth Fund, who announced themselves by making him top lot at last year’s Inglis Australian Weanling Sale, buying him for $775,000.
Alongside the runaway success of Too Darn Hot - who covered 110 mares at a fee of $275,000 at the Australian farm of co-owners Darley last spring - the Lloyd-Webbers also clearly like putting back into the industry here.
While musicals maven Andrew, or Lord Lloyd-Webber, has remained at home in Britain, his wife Madeleine, or Baroness Lloyd-Webber - the former equestrian who’s the main force behind Watership Down - has been in Australia, and was present at Riverside on Sunday.
Her visit has coincided with the latest Sydney run for Lord Lloyd-Webber’s famed musical The Phantom of the Opera, staged on the harbourside waterfront.
And in a gesture of thanks, the Lloyd-Webbers treated around 100 racing people - including many breeders who have patronised Too Darn Hot - to a performance of Phantom last week.
“It was a wonderful night in an amazing location, and it was a very nice thing for Madeleine to do, to give back to a lot of people who’ve supported the stallion,” McKeever said.
And on Monday, Baroness Lloyd-Webber did her bit to support Inglis Easter, bidding over the phone via Watership Down’s Simon Marsh who was on site, to secure the Too Darn Hot-Enbihaar colt, bred by Victoria’s HMB Trust.
“I’m absolutely delighted,” Marsh said. “The first time I saw him I said to Johnny ‘We’re going to have to have this horse’.”
Too Darn Hot was held back from shuttling in 2024 before Watership Down and Darley moved to capitalise on his early success by returning him south last year. Marsh said “the intention is to bring him back” to Australia this spring.
In a highly competitive sale in which they’d been under-bidder on more than one expensive lot, Yulong were ecstatic to secure their Extreme Choice-Giza Goddess colt - Lot 327 - for $2 million.
“He ticked every box when we saw him. He was moving well, and we believe he could be a very good racing horse in the future,” said general manager Jun Zhang.
That $2 million figure was matched by Lot 451, Arrowfield’s brother to Coolmore Stud Stakes (Gr 1, 1200m) hero and present-day sire at that farm, Switzerland (Snitzel). The fourth foal of Canadian mare Ms Bad Behavior (Blame) was knocked down to Coolmore and major buyer James Harron, a partnership not too often seen, but one conceived in this case by Harron.
“He’s an awesome horse, and obviously the mare’s done a fantastic job,” Harron said. “You’re always delighted to get a horse of that calibre, and it’s great to team up with Coolmore.
“I had a chat to the [Coolmore] guys and said, ‘Why don’t we get together instead of taking each other on?’ It made a lot of sense. We’ve been friends for a long time, I used to work there, we’ve got a great relationship and hopefully we have some luck with this horse.”
Monday’s fourth top yearling was Lot 383, a filly from the penultimate crop of Snitzel (Redoute’s Choice), offered by the late stallion’s farm Arrowfield Stud, who was bought online by Equine Holdings of NSW for $1.8 million.
The filly is a sister to Lazzura - who won her fifth stakes race when successful in Rosehill’s Coolmore Classic (Gr 1, 1500m) earlier in the month - out of winning Japanese mare Laguna Azzura (Heart’s Cry).
“She was a well looked-at horse. She’s a lovely filly with a full sister winning a Group 1 recently. She’s got a lot of residual value, so we’re very pleased,” said Arrowfield’s Paul Messara, admitting to a “bittersweet” tinge given’s Snitzel’s death last June.
Extreme Choice also had two lots sell for $1.6 million on Monday, both from his farm Newgate’s draft.
Early in the day went Lot 255, a filly out of US Listed winner Cicatrix (Violence) - the dam of Australian Group 1 placed gelding Mayfair (Fastnet Rock). She became part of Hawthorne and Munz’s vast haul.
Sale statistics - Overall*
2026 |
2025 |
|
|---|---|---|
Catalogued |
472 |
421 |
Offered |
415 |
386 |
Sold |
315 (76%) |
332 (86%) |
Aggregate |
$145,880,000 (-2.7%) |
$150,035,000 |
Average |
$464,108 (+2.6%) |
$451,913 |
Median |
$350,000 (-2.7%) |
$360,000 |
Top Lot |
$3,000,000 |
$3,000,000 |
* stats from 2025 are taken at the close of trade on day 2
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“Extreme Choice is a great sire. His progeny don’t come along in big numbers, so when the good ones come along you’ve got to take a chance to grab them,” said Hawthorne, who helps manage Munz’s team of some 90 broodmares.
“She just had enough scope to go somewhere and moved really, really well.”
Late on, Extreme Choice’s Lot 436 - a colt fourth foal out of Group 3 winner Miss Exfactor (Your Song) - was knocked down for the same price to Sir Owen Glenn’s Go Bloodstock and trainer Michael Freedman.
“I really liked him,” said Freedman, whose recent rise as a trainer since going solo was reflected in his involvement with four seven-figure lots at the sale - more than any other trainer.
“I actually saw him at the Gold Coast but he was withdrawn from that sale to come here. When I saw him in the sale ground I actually thought he looked better than he did up at the Gold Coast.
“He just had a huge presence about him and a great action. Just the fact he’s so physically developed, you’d like to think he could get up and go a bit early.”




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