Reg Inglis Managing Director was justifiably delighted with the result."The outstanding success of classic yearling sale graduates in recent years attracted a huge crowd to Newmarket,, with spirited bidding on all horses, said Reg Inglis, the managing director of William Inglis & Son. "This is the best ever classic yearling sale, and we now look forward with great anticipation to the Melbourne premier and Australian Easter yearling sales."
(Edited press release)William Inglis & Son's classic yearling sale broke new barriers at in Australia Monday, ending its two-day run with a 30% increase in the gross revenue to $13,512,000 ($10,320,465 in U.S. funds), up from $10,425,570 last year. The average price of $34,646 ($26,463) for the 390 horses sold was up 18% from last year's $29,285. The clearance rate was 86%.An Encosta De Lago--Money Maker colt topped the Monday session at $210,000 ($160,398). Noel Mayfield Smith purchased the colt on behalf of Bill Fisher.