Australian Broodmare Sale Ends With a Record Gross

William Inglis and Son's Australian broodmare sale concluded at Newmarket Tuesday, with the final session bringing the overall gross revenue to a $26,875,800 (approximately $14,499,494 in U.S. funds), which was the highest total in the histroy of the auction. The old mark was established in 2000, when 561 mares fetched $26,518,950. This year, 614 fillies and mares were sold over the three days for an average price of $43,772 ($23,615).

"It's been a fabulous sale, just amazing," said Reg Inglis, the managing director of William Inglis & Son. "We couldn't have wished for a better result. Yesterday's session was probably the strongest we've ever experienced at this sale.

"Given the conservative atmosphere that prevailed at the major yearling sales earlier this year, the strength of the market here, particularly at the top end, has been a pleasant surprise to most people."

Some 66 mares fetched $100,000 and above, and the clearance rate of 84% indicated a good result for vendors, many of whom sold mares for well in excess of their reserve.

Top price at Wednesday's session was the stakes-placed Danehill mare Miss Denmark, who was sold in foal to Thunder Gulch (USA). Offered by Widden Stud as agent, she went to owner and breeder Bruce Reid for $250,000 ($134,875).