INGLIS AUSTRALIAN EASTER YEARLING SALE

Newmarket, Sydney, 7-9 April 2015

Mark Webster
There has been an incredible buzz around the sale, and day one has certainly lived up to that. It is great to see Australian trainers and agents working closely with both international and local owners to secure the incredible athletes assembled at Easter.
— Mark Webster / Inglis Managing Director

The Inglis Australian Easter Yearling Sale got off to a strong beginning in Sydney Tuesday, with gains posted for the average (up 12% to A$291,667) and median (up 17% to A$210,000) from 12 months ago. A total of 132 yearlings changed hands for A$38,500,000 - a shade more than last year's first session gross of A$38,349,250.

The buyback rate was up 15 points to 27%, with three buybacks over the A$500,000 mark. Three horses sold for A$1 million-plus yesterday compared to four last year, but the number sold for A$500,000-plus was up this year to 21 from 18.

"There has been an incredible buzz around the sale, and day one has certainly lived up to that," said Inglis's Managing Director Mark Webster. "It is great to see Australian trainers and agents working closely with both international and local owners to secure the incredible athletes assembled at Easter." Like last year, the session-topper was a Fastnet Rock out of the blueblooded Perfect Persuasion (Encosta de Lago) that sold for A$1.6 million. It was a stellar day for Coolmore Stud's champion sire Fastnet Rock, who was responsible for four of the top five lots and six over A$500,000.

Fastnet Rock - Perfect Persuasion / Inglis (p)

Sheikh Mohammed bin Khalifa Al Maktoum has enjoyed a stellar season Down Under thanks to the exploits of his dual Group 1- winning juvenile Pride of Dubai (Street Cry), and 24 hours after that colt secured his second straight Group 1 in the G1 Sires' Produce Stakes, the Dubaian was at Easter re-investing some of his prize money Tuesday. The dearest of his purchases was lot 103, the filly by Fastnet Rock out of the regally bred Perfect Persuasion, for A$1.6 million.

Sheikh Khalifa did his bidding in the restaurant at the top of the sales pavilion alongside his Racing Manager Tim Stakemire, who remarked, "She has a wonderful pedigree and is from a very happening family. There's lots of fillies in there that are all going to be bred up. We have a bit of the family already and we have some nice ones out of her, so we wanted a bit more."

Sheikh Khalifa owns Azumi (Encosta de Lago), a full-sister to Perfect Persuasion.

"We like Azumi a lot; she's leaving some lovely progeny, so hopefully this one will do the same and be a runner," said Stakemire. "The residual of her is quite big. She had a bit of a presence about her, the way she walked - she had a lovely head, a lovely body, beautiful action, and I just think she'll be a runner for us," he said.

Perfect Persuasion has already produced a pair of stakes-placed winners in Papillon (Rock of Gibraltar) and Lady Sharapova (Fastnet Rock). The latter was a A$800,000 purchase at this sale two years ago by the Hawkes training team, and is this filly's full-brother, now named Lighthouse Keeper, and is in training with Team Hawkes, topped this sale for A$1.6 million 12 months ago when purchased by John Warren.

Stakemire said the filly would remain in Australia and possibly be trained by Peter and Paul Snowden, who handle Pride of Dubai.

Session Totals 2015 2014
Catalogued 200 184
No. Offered 182 168
No. Sold 132 147
RNAs 50 21
% RNAs 27% 12%
No. $1M+ 3 4
High Price A$1,600,000 A$1,600,000
Gross A$38,500,000 A$38,349,250
Average (% change) A$291,667 (+12%) A$260,879
Median (% change) A$210,000 (+17%) A$180,000

INGLIS AUSTRALIAN EASTER YEARLINGS TUESDAY'S TOP LOTS

LOT SEX SIRE DAM PRICE (A$) INFO
103 F Fastnet Rock (AUS) Perfect Persuasion (AUS) 1,600,000
B-Katom (Aus)

Consigned by Yarraman Park Stud

Purchased by Sheikh Mohammed bin Khalifa Al Maktoum
41 F Fastnet Rock (AUS) Mennetou (IRE) 1,300,000
B-Katom (Aus)

Consigned by Coolmore Stud

Purchased by BBA Ireland
79 C Street Cry (IRE) Noesis (AUS) 1,000,000
B-Mr. D Guihot (Aus)

Consigned by Willow Park Stud

Purchased by George Moore Bloodstock
159 C Fastnet Rock (AUS) Saywaan (AUS) 900,000
B-Sun Kingdom (Aus)

Consigned by Eliza Park International

Purchased by Coolmore Australia
156 F Fastnet Rock (AUS) Satin Robes (AUS) 760,000
B-Linley Investments (Aus)

Consigned by Coolmore Stud

Purchased by Hawkes Racing
29 C Snitzel (AUS) Lost For Words (NZ) 750,000
B-Canning Downs Pty Ltd (Aus)

Consigned by Canning Downs Stud

Purchased by Kitchwin Hills
136 C I Am Invincible (AUS) Rivers Secret (AUS) 750,000
B-Yarraman Park Stud Pty Ltd (Aus)

Consigned by Yarraman Park Stud

Purchased by China Horse Club/Stonestreet Stables
8 C Manhattan Rain (AUS) La Bamba (AUS) 700,000
B-Arrowfield Pastoral Pty Ltd (Aus)

Consigned by Arrowfield Stud

Purchased by Hong Kong Jockey Club
28 F Fastnet Rock (AUS) Livealifeoflove (AUS) 675,000
B-Caradale Pty Ltd (Aus)

Consigned by Coolmore Stud

Purchased by Sheikh Mohammed bin Khalifa Al Maktoum
74 F Redoute's Choice (AUS) National Colour (SAF) 675,000
B-Arrowfield Group Pty Ltd (Aus)

Consigned by Arrowfield Stud

Purchased by Shadwell Australia

Extracts from Throughbred Daily News

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