Horse Racing News: All Eyes on Australian Sales

Horse Racing News: All Eyes on Australian Sales

Horse Racing News: All Eyes on Australian Sales

Magic Millions kicks off the focus on Australia with their sales starting January on the Gold Coast and then Inglis sales begin in February.

With new big money races announced around Australia and the ever improving regular prize money these sales will set new records for Australia.

The big yearling sales in Australia with Inglis and Magic Millions are a great chance to get involved in Knightsbridge Pinhooking Partnerships or buy future Champions.

Knightsbridge have had a lot of interest so far, if you would like to be involved send an email to Knightsbridge so they can include you in the excitement.

Some of the yearlings will be purchased with the Ready to Run Sales in mind, some will be bought to race, we will be looking at the sales and trying to buy off-market as well.

Pinhooking offers some great returns and of course buying to race as a yearling is very exciting with the increased number of multi-million dollar 2yo races now available in Australia.

Knightsbridge will have representatives at all the sales in Australia, if you need any help buying or choosing let them know.

Knightsbridge also have syndications running across Australia, with Bryan Guy QLD and Northern Rivers, Terry Evans in NSW, Sydney and the Central Coast, Phil Sweeney on the NSW/Victorian Border covering Melbourne and the region.

Knightsbridge have Danny Murphy in Dubai, Stephen Gray in Singapore and Wesley Ward in the USA, and Rui Severino in China, where ever you want to race Knightsbridge have you covered.

Buying at auction can be just as exciting as winning a race. More than 5,000 yearlings are sold at auction each year around Australia. The horses are old enough to be assessed by your advisers (vet, trainer, bloodstock agent) for conformation etc, but have not been broken in, so their racing ability has not been exposed.

The average price at yearling sales around Australia vary from sale to sale, but prices can start at a few hundred dollars or reach as high as $1 million plus.

Champion racehorses can come from humble backgrounds, but are more likely to be found at major sales where yearlings are selected on pedigree and conformation and are considered the ‘cream of the crop’.

Sales for ‘tried horses’ (horses that have raced) are also held regularly and there are usually yearlings and unraced horses offered at these sales.

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S. Jack Heffernan Ph.D. Funds Manager at HEFFX holds a Ph.D. in Economics and brings with him over 25 years of trading experience in Asia and hands on experience in Venture Capital, he has been involved in several start ups that have seen market capitalization over $500m and 1 that reach a peak market cap of $15b. He has managed and overseen start ups in Mining, Shipping, Technology and Financial Services.