Australian Weanling Sale Posts Records
Updated: Tuesday, May 18, 2004 8:42 AM
Posted: Monday, May 17, 2004 9:02 AM
By Ric Chapman
The incredible wave of buying interest that has swept the globe continued at Inglis' weanling sale in Sydney Sunday.
"These results for this type of sale are simply incredible," said Reg Inglis, the company's managing director.
Some vendors were wowed as well.
Australia has not historically been a place where weanling sales have enthused vendors but this year's results say otherwise:
- 155 lots sold (record)
- $3,778,750 (U.S. $2,618,383) gross (record)
- average of $24,379 ($16,894) (record)
- 17% RNA rate (record)
Little wonder Inglis was upbeat. "This is the strongest weanling sale we have ever held at Newmarket, with many buyers commenting it is the right time of the year to buy weanlings and the buying bench came from all over the world."
The top price went to boom freshman Sire Redoute's Choice, the highly credentialed multiple group I winning son of Danehill. His filly from the mare Cool Chick (by Centaine) fetched $200,000 ($138,605).
Melbourne trainer John Salanitri paid the top price, as well second top price of $180,000 ($124,774) for a Dehere--Centoria filly.
When Redoute's Choice covered Cool Chick he stood for $33,000 ($22,870) so $200,000 is a huge return on that investment.
Coolmore officials were pleased with the ongoing interest in Fusaichi Pegasus and the groundswell of support for the former Kentucky Derby (gr. I) winner is on a steady upward curve now that his debut crop in Australia is being broken. He had but one offering, from the unraced Thunder Gulch mare Thunderstorms, and it reached a healthy $165,000 ($114,800).
"We didn't offer him," said Coolmore's Australian boss Michael Kirwin, "but I can tell you we were very proud of him anyway. A cracking type and he could very well fetch three times that when sold as a yearling." He was bought by an agent of Inglis'.
Galileo (Sadler's Wells--Urban Sea) showcased his debut batch too and his results were spectacular also. He was represented by just two weanlings, one fetched $100,000 ($69,500) (out of Verdigris, by Twig Moss), and the other reached $80,000 (out of Tristavente, by Sir Tristram).
Down the scale, solid results were achieved by two home grown stallions who were both exceptionally fast stakes winners during their day. Marechal (Danzero--Gourette) off a $4,500 ($3,120) stud fee, had one go through and it reached $15,000. Magic Albert (Zeditave--Sally Lou) had his first public offerings inspected and off an $8,000 ($5,440) fee he sold two for $23,000.
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