A daughter of Fastnet Rock brought Aust$300,000 ($320,670 in U.S. funds) Feb. 27 to top the opening session of the William Inglis & Son Melbourne premier yearling sale in Australia. Gary Mudgway and John McArdle purchased the filly from Kia-Ora Stud.
The bay yearling is out of the unraced Singspiel mare Scenario, who is a half sister to added-money winner Sahool (by Unfuwain). Sahool captured the 2004 E.B.F. Chalice Stakes in England and finished second the same year in four added-money events, including the Ribblesdale Stakes (Eng-II) and bet365 Lancashire Oaks (Eng-II).
The results for the opening session included a gross of Aust$10,201,500 ($10,904,400) for the 139 yearlings that were sold. The average price was Aust$73,392 ($78,449) and the median price was Aust$65,000 ($69,479). Compared to last year, the number sold declined 4.1%, but the gross increased 7.2%. The average and median rose 11.8% and 30%, respectively.
The clearance rate was 77.7% compared to 83.8% in 2011.
“We’ve accumulated a vast local, interstate, and international buying bench for the sale, and it was great to see our vendors being rewarded for bringing quality yearlings,” said Inglis Melbourne director Peter Heagney. “Melbourne premier has a proven record of producing world class racehorses that perform to the highest level all over the globe and as we saw again today, athletic yearlings are highly sought after. Defying the trend of recent sales, it is very satisfying to see the average and median up on last year’s figures, especially with the knowledge that there are plenty of attractive horses still to be offered in the coming three days.”