Entertaining: Gai Waterhouse created great theatre on the opening day of the sales. Photo: Jenny EvansA hugely successful Melbourne Premier Yearling Sale this week had many highlights: Gai Waterhouse provided great theatre on the opening day, a new stallion star emerging and a record-breaking session-one sale netted more than $37 million.
Inglis’s Premier Yearling Sale continues to grow and their Oaklands Junction complex was buzzing for more than a week leading into the opening day last Sunday with sunny conditions continuing until Tuesday afternoon.
Waterhouse’s dash midway during the bidding on Lot 122 – a bay colt by Northern Meteor from dual group 2 winner Conquest – to join Eliza Park owner Cheng Ting Kong buying under the Sun Kingdom group was a rare moment.
Once she arrived alongside Cheng, Waterhouse spurred on the Hong Kong-based owner to eventually have him knocked down for $450,000, which was then the highest price paid at the sales.
“It was fantastic entertainment watching Gai run across the auditorium to join Mr Cheng and join in to bid on the Northern Meteor colt,” Inglis managing director Mark Webster declared.
Cheng’s Northern Meteor colt Fighting Sun was prepared by Waterhouse for two high-quality wins until an injury saw his racing career curtailed, and a stud career at Eliza Park is pending.
Waterhouse finished the sale with another two lots in conjunction with James Harron for $160,000, and added three other yearlings to her syndication group Round Table for $290,000.
The “new kid on the block” in the stallions category was Equiano, who shuttled to Australia for the first time in 2011 for a service fee of $16,500 at Adam Sangster’s Swettenham Stud in Nagambie.
The stallion’s colt, from Hidden Energy (Dehere) was Lot 297 and Sangster was supremely confident he would sell well due to an enormous response from buyers during parades. There was enormous jubilation from the Swettenham camp when the colt was sold for $420,000, which was the highest price ever paid for a yearling by a first-season sire in Victoria.
His buyer was the Malaysia-based Tan Sri Vincent Tan, and Mick Price has been selected to train the colt. Tan also bought a Denman colt on day one for $320,000 and Price will also train the colt.
At the end of session one, Equiano had 15 yearlings sell for an average of $105,200, giving breeders a handsome return on their service fee of $16,500.
Equiano is a son of Acclamation and a two-time winner of the King’s Stand Stakes at Royal Ascot, beating Takeover Target in the second of his wins.
The stallion’s popularity helped the turnover for the session one sale swell to $37,317,181, with a record average of $83,671, and Inglis’s management were on top of the world with their Easter sale a month away.
Inglis conducted its Blue Riband session on day two, with 48 lots offered and the sales company selecting yearlings they believed would prove to be middle-distance performers. The average for the 38 lots sold was $129,405.
The deceased Northern Meteor was the leading stallion at the Premier Sales, with five lots averaging $198,000. Fastnet Rock had seven sell for an average of $185,000, Magnus had three sell at $176,667 and Exceed and Excel was next with seven yearlings averaging $172,143.
New Zealander Dean Hawthorne was the leading buyer, signing for nine lots for a total of $1,198,000. David Hayes bought 10 lots for $1.15 million, while Price purchased seven for $595,000, plus the two yearlings bought by Tan for $740,000.
Lloyd Williams purchased one lot at the sales, which naturally was a staying breed, a son of High Chaparral from the Green Desert mare Real Pzazz.
Yearlings by Lonhro and his son Denman, who had 14 yearlings sell at an average of $110,179, were popular, as was Encosta De Lago who had 18 yearlings average $99,172. I Am Invincible was again a favourite, his three yearlings averaging $96,667 off a $11,000 service fee.Snowdens pleased with purchases
Peter Snowden and son Paul were buying at their first Melbourne sale and a number of their purchases came from stallions both knew plenty about, including the Darley sires Exceed and Excel, Lonhro and Authorized.
The Exceed and Excel yearling was the most expensive at $270,000, while the Authorized colt fetched $200,000 and the Lonhro filly sold for $175,000. Snowden was extremely pleased with his purchases, especially the Exceed and Excel filly, which he said was in a similar mould to his Golden Slipper favourite Earthquake.
“I could have sold her five times,” Snowden claimed. “She was so popular with owners and looks to be a ready-made two-year-old.”Snitzel the top stallion
The Australian Stud Book has updated the number of coverings by Australia’s top stallions in the 2013 with current premiership leader Snitzel the most sought-after.
Figures from the keeper of the Stud Book, Sue Ormsby, reveal Snitzel served 225 broodmares at a price of $49,500, three ahead of Sebring, whose fee was $38,500. Fastnet Rock, Australia’s costliest sire at $275,000, covered bringing in more than $55 million for Coolmore Stud.
Second season sires So You Think ($66,000) and Smart Missile $22,000) covered 205 and 196 mares, respectively, with newcomers Pierro ($77,000) and All Too Hard (176) both enjoying enormous first season response, vindicating the huge money paid for the two racetrack superstars.
In 2012 Snitzel covered 249 mares at $33,000 and Fastnet Rock cracked the 200 barrier for the sixth time in the past seven seasons. Lonhro, who has sired 110 winners so far this season, covered 124 mares and was the sire of Pierro as well as Denman who served 184 mares.
This story Administrator ready to work first appeared on Nanjing Night Net.