A son of Hussonet became the most expensive horse that was sold during the William Inglis & Son Sydney Classic yearling sale when he commanded Aust$140,000 ($147,111 in U.S. funds) Jan. 24. Mauro Poletti purchased the colt from Arrowfield Stud on the final day of the auction in Australia.
The chestnut yearling is a half brother to the winners Akmal (by Flying Spur), and Deleque (by French Deputy). The colt also is a full brother to the winner Red Dress Marley, who finished second in the 2010 Inglis Debutants Stakes in Australia, and a half brother to Snitzerland (by Snitzel), who was second in the 2011 Emirates Airline Ottawa Plate in Australia.
Their dam, the unraced Fraar mare Monte Rosa, is a full sister to Nina Haraka, who captured the Adelaide Guineas (Aust-III) and two other stakes in Australia.
The final results for the auction included a gross of Aust$12,804,727 ($13,455,100) for the 424 horses that were sold. The average price was Aust$30,200 ($31,734), and the median price was $25,000 ($26,270). Compared to last year, when 428 yearlings were sold, the gross was down 10.7%. The average and median fell 9.9% and 3.9%, respectively.
The clearance rate was 81%, down from 82.5% in 2011.
“Online bidding has been well utilized by shrewd buyers purchasing up to Aust$50,000 ($52,540) and it has been great to see so many people using our ‘Make an Offer Service,’ leading to a notable increase in the clearance rates from days one and two as the sale progressed today,” said Inglis managing director Mark Webster.