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Easter Sale Off To Flying Start With 4 Million Dollar Lots

Wednesday, 6th April 2016

Four lots sold for a million dollars or more on a picturesque opening day of the 2016 Inglis Australian Easter Yearling Sale in Sydney yesterday. Local and international buyers fought hard through to the final lots of the day which saw colts by Snitzel, Redoute's Choice, Fastnet Rock and Hinchinbrook break through the $1,000,000 mark. At the close of the day's trade, 178 yearlings had been offered with 78% sold at an average of $291,975, marking the best start to an Easter Sale since the great record heights of 2008. Angus Gold of Shadwell Stud Australasia was the most active of all buyers securing 11 yearlings for $5,410,00, including a colt by Redoute's Choice from Top Cuban for $1.5 million (Lot 113). The colt was offered by Arrowfield Stud and will head to Lindsay Park Racing for David Hayes and Tom Dabernig to train. Gai Waterhouse will train the Fastnet Rock colt from Rose Of Cimmaron (Lot 42) that was sold by Newgate Farm for $1.2 million. Buying partnership Tom Magnier, Gai Waterhouse Racing, Mayfair Speculators and Julian Blaxland had to see off under-bidder Spendthrift Farm to secure the colt. Meanwhile, Yarraman Park Stud's resident stallion Hinchinbrook came of age in the sale ring with a colt by the sire of Caulfield Guineas winner Press Statement selling for $1 million. There were a number of international clients bidding on Lot 166, however it was Paul O'Sullivan's Wexford Stables which secured the winning bid on behalf of his owner Mr Yeung. The price is the highest ever for a yearling by Hinchinbrook.

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