(Edited William Inglis & Son press release)
The sale of group I winner Devil Moon and group II winner Belong To Many, along with a solid clearance rate, highlighted the opening session of the 2009 William Inglis & Son Australian Easter broodmare sale at Newmarket in Australia April 14.
The 147 horses sold grossed Aust$7,905,500 (approximately $5,730,730 in U.S. funds) and averaged Aust$53,779 ($38,987). The median price was Aust$22,000 ($15,949), and the clearance rate was 76%.
“When compared with the major broodmare sales in the Northern Hemisphere last year, which all came in around the 63% to 67% mark, to achieve 76% clearance during the opening session is a fantastic result," said Inglis managing director Mark Webster. “And as we saw last week with the opening session of the yearling sale which began quite slowly, that figure is only likely to rise as the week goes on, with vendors and buyers getting a better feel for the market and more passed in horses are sold privately. We achieved some great results today, particularly for race fillies and mares, which augurs well for the upcoming Australian weanling and breeding stock sale. Today's results should give owners confidence that they can put quality horses on the market knowing the demand is still there for those types of horses."
Webster added: "It's difficult to compare broodmare sales from year to year, especially owing to the fact we had the Swettenham Stud dispersal at this sale last year, but a gross of almost Aust$8million and average of (nearly) Aust$54,000 with that clearance rate is about as good as we could expect right now and is on par with results achieved in 2006."
Devil Moon topped the opening session, with Patinack Farm going to $775,000 ($561,836) to secure the 6-year-old daughter of King Cugat. A winner of eight races, Devil Moon will be covered by one of Patinack Farm's stallions this spring, with a final decision yet to be made.
Widden Stud, as agent, consigned Devil Moon to the Easter auction.
"We're absolutely delighted," Patinack Farm's Rick Connolly said. "She was the highlight mare in the sale and she's an outcross to all the Patinack stallions.
Later, a team of about 70 owners were on hand to see Belong To Many (by Belong to Me) sold to Vin Cox Bloodstock for Aust$525,000 ($380,599). Her consignor was Hancox Racing No. 1 Ltd.
Cox said he purchased the 6-year-old mare on behalf of an existing client and expected to pay around that mark.
"She will race on in the short term in the hope of getting that elusive group I,” he said. “We will then just see how she is going and a decision will be made later on as to whether she retires this year or races on (next season)."
Trainer Barbara Joseph said it was an emotional day watching the popular mare go to a new owner.
"Shelley Hancox and Rod Peacock (syndicate managers) are over the moon with that price. For a $20,000 (Australian) yearling, Aust$525,000 is great money," Joseph said. There were about 70 owners here to see her sold and it's been quite emotional. She's a great little mare. and she still has 12 months racing in her if they look after her."