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Inglis Sale Enjoys a Premier Result
The 2017 Inglis Melbourne Premier Yearling Sale has been declared “a resounding success’’ as records tumbled and overall figures increased across the board. At the conclusion of Session I, the sale’s average was up 11% to $122,977, its median up 18% to $100,000, the gross increased by 2% to $52,880,000 and the clearance rate was a “very healthy’’ 85%. Some of the highlights of the successful Premier Yearling Sale (Session I) were:
- Supreme Thoroughbreds ended as leading vendor by aggregate, selling 26 horses for $3,492,500, while Gilgai enjoyed the healthiest average (three or more Lots sold) of $246,538
- Ciaron Maher and partners were the leading buyers with 13 purchases
- I Am Invincible was the leading stallion by aggregate ($4,275,000) with 19 of his 20 progeny to enter the ring selling, with Lonhro the leader by average at $300,000 from four sold
- At $1.4 million Lot 259 (I Am Invincible x Soorena) was the highest-price colt – as well as a Victorian record and the most expensive yearling sold in the world so far in 2017.
- Lot 496 (All Too Hard x Fuhrnatic) at $500,000 made her the most expensive filly. She is a half-sister to recent Gr3 Kevin Hayes Stakes winner Fuhryk.
- A total of 22 horses sold for $300,000 or more (up from 20 last year) and at the top of the market, six horses sold for $500,000 or more, a 300% increase from 2016
- Amazingly 25 different sires were represented among the 63 Lots purchased for $200,000 or more.