Inglis ready for ‘value’ Gold Yearling Sale
The Inglis Gold Yearling Sale will take place again at Melbourne’s Oaklands Junction tomorrow, giving buyers another opportunity to secure yearlings at one of Australia’s most economical auctions.
A total of 107 lots have been catalogued, with Inglis confident that despite a drop in numbers from 191 entered last year, the auction will again live up to its reputation for unearthing bargain basement talent.
Recent Group 1 winners Lunar Fox (Foxwedge), Savatoxl (Kuroshio), Malaguerra (Magnus) and Media Award (Shamus Award) are Gold graduates bought for a combined $85,000, with the first three of those earning more than $1 million on the track.
Inglis Gold, which typically averages around $15,000, has also hatched Papillon Club (Toronado), the four-year-old mare who cost $70,000 and is now a Group 3 winner who’s earned more than $400,000 so far, and Express Pass (Wandjina), the stakes-winning sprinter who earned $530,000 after selling for just $38,000.
Mahamedeis (Magnus) cost just $24,000 and has won more than $1.2 million, while Sydney trainer David Payne last year bid online to secure Rag Queen (D’Argento) for just $15,000, and has seen her collect $234,000 in just two starts – a Canterbury maiden win and a third place in Randwick’s $2 million Inglis Millennium (RL, 1100m).
As with all Inglis yearling sales, all lots are eligible for the $12.55 million Inglis Race Series which includes the Inglis Millennium, the $1 million Inglis Sprint, the $5 million Inglis Xtra Bonus and the $1 million Inglis Pink Bonus female ownership incentive.
Graduates are also eligible for the popular $200,000 Inglis Challenge, run over 1100m for two-year-olds on Scone Cup Day.
“It’s a sale that historically has been more than capable of producing a good horse,” said Inglis’s CEO of bloodstock sales Sebastian Hutch.
“For people who are in the market for stock at value prices it’s a sale, along with HTBA sale at Riverside next Sunday, that will present them with a good opportunity.”
Hutch said Inglis had heard “a good number of buyers” express interest in participating at the sale.
“It’s a smaller catalogue than we would like ideally, but at the same time we recognise it’s an important service to provide to Victorian breeders and vendors to have this sale,” he said.
The sale, representing stallions including Blue Diamond Stakes (Gr 1, 1200m) winner Hayasugi’s sire Royal Meeting (Invincible Spirit), plus Zoustar (Northern Meteor), Tassort (Brazen Beau), Blue Point (Shamardal), Churchill (Galileo), Street Boss (Street Cry) and Shamus Award (Snitzel), is scheduled to begin at midday tomorrow.
Inglis Gold averaged $14,681 last year from 133 lots sold from 191 catalogued at a clearance rate of 77 per cent, with a high of $200,000 for a Blue Point colt – $120,000 more than second-top lot.
The 2022 average was $19,822 with a peak of $150,000, with 178 lots sold from a catalogue of 232 at 84 per cent clearance.