The hot pace at the William Inglis Australian Easter Yearling Sale continued on Day 2 with the session average of $348,929 eclipsing the previous day’s mark. The sale gross has now topped $82.6million, with 240 lots sold at an average price of $344,313. The day was highlighted by the sale of eight individual million dollar yearlings, including a new sale topper of $2.2million for Yarraman Park’s Encosta De Lago - Oceanfast full-brother to Alinghi.
The colt was purchased by Anthony Cummings, who said he was very much in the mould of Alinghi and thought he was the colt of the sale. “There’s pretty strong competition for a lot of horses here and therefore you have to pay the money if you want to get them,” Anthony Cummings said. It was another great result for the Mitchell family’s Yarraman Park Stud at the Easter Sale, with Oceanfast’s four yearlings grossing more than $6.7million since 2005.
“We always thought he was a star and Anthony Cummings is a very good judge, so we’re very pleased,” Harry Mitchell said. Earlier, Tyreel Stud’s Dean Fleming paid tribute to his late father Jim following the sale of two Tyreel youngsters for a combined total of almost $3 million.
The higher priced of the two was a colt by Encosta De Lago from How Funny that sold for $1.7m with $1.2m being paid for the Redoute’s Choice-In The Past colt. “I’d say Dad would be looking down from above and be pretty pleased,” Dean Fleming said.
“It is an emotional time for us, because we are selling these horses basically on behalf of Dad. To get $1.7m and $1.2m like that is a great achievement and a nice reward for all the Tyreel team.”
Tyreel currently leads the Vendors by average list, with seven sold at an average of $800,714, while Coolmore is the leading vendor by gross with 24 sold for $8,445,000. Ingham Bloodstock continues to set the pace among the leading buyers with 14 purchases for $9,405,000.
Redoute’s Choice and Encosta De Lago are locked in a fascinating duel for the leading sire tag and together their 53 yearlings to date have contributed $33million to the sale gross. William Inglis & Son Managing Director Mark Webster said the sale continues to set the industry standard.
“There has been a real buoyant feel across the whole of the sale grounds this week and we had another very good turnout today,” Mark Webster said. “It was also pleasing to see yesterday’s clearance rate of just under 85% jump to over 90% after a number of those horses passed in on day one were sold privately.”
Extract from Stallions Daily Bulletin