A Distorted Humor colt sold for $40,000 (approximately $26,976 in U.S. funds) Monday to top the first session of William Inglis & Son's autumn yearling sale at the Oaklands Complex in Melbourne, Australia. Pat Hyland purchased the colt from Yallambee Stud, agent. Produced from the winning Blazing Sword mare Slashing Sort, the colt is a half-brother to Swinging Babe (by Encosta de Lago), who finished second in the Waltzing Lily Handicap.
In all, 129 horses were sold for a gross of $1,184,000 ($709,772) and an average of $9,178 ($5,502). The clearance rate was 82%.
"As we have clearly seen in recent years at this sale, the better types sell extremely well and the vendors with well-prepared yearlings are subsequently rewarded," said Peter Heagney, an associate director and the Melbourne manager for William Inglis & Son. "Vendors were all very realistic with their reserves, resulting in a healthy clearance rate."
The sale continues Tuesday.