Research Points a a Strong Inglis Sale in Melbourne
Yes prices are rising but the value proposition is outpacing that rise, you are actually getting more for your money this year than ever before. The hard work of the Sales Companies and the States is clearly paying off as demand for Yearlings continues to grow, there are great incentives on offer in NSW, QLD and VIC plus the added incentives from Magic Millions and Inglis. If you are thinking the big money has been spent already, the research suggests you are wrong.
The upcoming sales in Melbourne and Adelaide look likely to be record breaking events, but remember when these horses hit the track in late 2018 early 2019 they will be racing for money than ever before, their future offspring will be worth more than ever before, as Warren Buffett said “Price is what you pay, Value is what you get” well you are getting plenty of value in the Australian yearling market.
Based on data we prepared for Knightsbridge Thailand the upcoming 2018 Melbourne Premier Yearling Sale will be a record setter. While the full report is private we have permission to release some of the core statistics and conclusions.
Both Magic Millions on the Gold Coast and the Sydney Inglis Sale seen a similar mix of vendors and Sires:
Both seen consistent growth in clearance rates
Book 1 Prices at both jumped over 10%
Book 2 business seen strong improvement in clearance and pricing
At the same time there has been strong demand in the global market and there will be a lot of international interest at the sales.
The next major sale is the Inglis Sale in Melbourne, we expect this sale to break records with averages rising along with clearance rates.
we will update our data prior to the Magic Millions Sale in Adelaide.
The Inglis Sale in Melbourne has plenty of Star Power
I Am Invincible 12 Lots
Deep Field 15 Lots
Snitzel 8 Lots
Dissident 19 Lots
Cluster has 4 spectacular yearlings in the sale, his first and only yearling to see the ring was a filly and she brought $45,000 in Tasmania.
The Big Vendors will be there
The $8million Inglis Race Series, for all eligible horses which have been offered for sale through the ring at any Inglis Select eligible horse Sale.
Nominations Closed 31 JULY 2018.
This is a one off fee which makes you eligible for the $8million Inglis Race Series
|$500,000||RL Inglis BANNER||2YOs||Moonee Valley, VIC||October 2018|
|$500,000||RL Inglis NURSERY||2YOs||Randwick, NSW||December 2018|
|$2,000,000||Inglis MILLENNIUM||2YOs||Warwick Farm, NSW||February 2019|
|$100,000||Inglis CHALLENGE||2YOs||Scone, NSW||May 2019|
|$500,000||Inglis DASH||3YOs||Caulfield, VIC||Spring 2019|
|$1,000,000||Inglis SPRINT||3YOs||Warwick Farm, NSW||February 2020|
|$200,000||Inglis OWNERS TITLE||3YOs+||Warwick Farm, NSW||February 2020|
|$200,000||RL Inglis GUINEAS||3YOs||Scone, NSW||May 2020|
Each of the Inglis Select Races (excludes bonus races):
Trainer will receive a set of Swarovski Optik EL 32 Swarovision binoculars value: $2,554.
Full Terms and Conditions can be downloaded here.
Dates and Venues are subject to alteration.
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