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Monthly Archives: May 2015

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Magnus major at Morphettville

Eliza Park International and Caulfield trainer Mick Price have produced a second two year-old stakes winner at Morphettville in May.

Dead Or Alive (Wanted) won the LR Oaklands Plate (1600m) a fortnight ago and stablemate Prince Of Brooklyn (Magnus) finished right over the top of his rivals in the G3 National Stakes (1200m) on Saturday.

Prince Of Brooklyn

“He’s a big, strong powerful colt and the trip away will be good for him, too,” Price said. “I expected him to run well first-up and he’s got a good future.”

Price won the 2014 National Stakes with Moonovermanhattan who returned as a three year-old to claim the G2 Moonee Valley Vase. The Caulfield trainer believes this year’s winner is another classic prospect of the future.

“He’s out of a Zabeel mare and will have no trouble getting a mile. We will seriously consider a spell now with a view to having him ready to go in the spring.”

Prince Of Brooklyn races for part-owner and breeder Chris Marks and is a younger brother to Duke Of Brunswick who was beaten a lip at Caulfield just minutes before the National Stakes. Their dam Tristabeel descends from Australian Horse of the Year Research and her latest foal is a yearling filly by Magnus.

Magnus (Flying Spur) has sired the winners of 127 races this season and is in third place among Victorian based stallions behind EPI champion Bel Esprit (181) and Written Tycoon (133).

Eliza Park International will stand Magnus for a $17,600 (inc gst) service fee this season. For bookings, phone Mark Lindsay on 0416 334 338.

Red Arrow catalogued for Great Southern Sale

Red Arrow

Former Blue Gum Farm stallion Red Arrow is on the market and has been catalogued for the Inglis Great Southern Sale at Oaklands Junction next month.

Red Arrow (Red Ransom) stood his first season at Lincoln Farm in the Hunter Valley in 2010 prior to Blue Gum buying into the horse with agent Denis Roberts and major shareholder Terry Lillis.

His oldest are three year-olds and include the winners Typsy On Red, Marley’s Mission, Raise A Red & Ricciardo plus the Singapore winners Silent Arrow & Lucky Six.

Red Arrow was trained by Anthony Cummings and was stakes placed in the G3 Bletchingly Stakes and LR John Monash Stakes at Caulfield. He subsequently relocated to California and was successful in the G3 Los Angeles Hcp (1200m) at Hollywood Park in a bullet 1.08.92s.

The family is bursting with black-type. He is a half-brother to G3 Hong Kong winner Able Choice and the dam of G1 Oakleigh Plate winner Mrs Onassis. Their dam Lady Jakeo (Last Tycoon) was a Group 1 winner of the MRC Blue Diamond Stakes and MVRC Australia Stakes.

Red Arrow is listed as Lot 619 and he will be the last to parade at the third session of the Great Southern Sale on Tuesday, June 23.

Equiano 3YOs flourishing in England

Swettenham Stud shuttler Equiano (Fr) increased his lead at the top of the English second-season winners table when Thorkhill Star was successful at Beverley last week.

Thorkhill Star (3g Equiano – Reine De Romance by Vettori) tracked the leaders before Tony Hamilton sooled him to the front at the furlong to score by a head in the Driftwood Horse Maiden Stakes (1500m).

Thorkhill Star

“He’s progressing and preferred the extra distance,” trainer Richard Fahey said. “Tony has had a great start to the season and this horse was suited at the handicaps.”

Fahey sent out Equiano’s first winner this time last year when Moving Melody saluted at Newcastle. He also prepares Equiano filly Ventura Shadow who has won at York and Redcar.

Thorkhill Star’s dam Reine De Romance won the G2 San Clemente Hcp at Del Mar and she has foaled further winners by Clodovil, Johannesburg and Manduro.

Equiano’s first English crop have flourished as three year-olds – he heads the current English second-season ladder with 11 individual winners ahead of Zebedee (10) and Paco Boy (9).

Swettenham Stud will stand Equiano for a $13,750 (inc gst) fee this year.

Stable Financial Commentary On 2015 Federal Budget

In every budget there are winners and losers and the Federal Treasurer has provided Australian breeders with some tax concession ammunition to think about.

For breeding businesses, it is fair to say that they are on the winning side of Joe Hockey’s 2015 budget.  However, for larger breeders with a turnover greater than $2 million, they will have to wait until July 2016 to access some tax advantages.

For a farmer, including primary producers of horses, the following tax opportunities were announced:

Immediate deductions for fencing & water facilities

From 1 July 2016, primary producers will be able to immediately deduct capital expenditure on fencing and water facilities such as dams, tanks, bores, irrigation channels, pumps, water towers and windmills.

As well as this, all capital expenditure on fodder storage assets such as silos and tanks used to store grain and other animal feed will be deductible over 3 years.  The changes will not be limited to small business entities unlike the other proposed changes to depreciation rates.

Currently, the effective life for fences is up to 30 years, water facilities is 3 years and fodder storage assets is up to 50 years.

Additionally, for smaller businesses (revenue less than $2 million), the following tax advantages are available;

Small business tax cuts

The Government has announced tax reductions for small businesses with an aggregated annual turnover below $2 million regardless of entity type.

For companies, the company tax rate will be reduced by 1.5 per cent to 28.5 per cent.  Maximum franking credit rates for a distribution will remain unchanged at 30 per cent.

For taxpayers operating through an unincorporated business structure (partnerships, trusts, etc.), they will receive a 5 per cent tax discount on the income tax payable on business income received. The discount is capped at $1,000 per individual for each income year and delivered as a tax offset.

It’s important to remember that you need to make a profit to benefit from these changes.  The last taxation statistics released by the ATO showed that less than half of all businesses with this income level made a taxable profit.

Accelerated depreciation on purchases up to $20,000

Businesses with an aggregated turnover of under $2 million can now immediately deduct assets they start to use or install ready for use, provided the asset costs less than $20,000.

This tax concession is available for the next three tax years.  The message is clear on this one – get out and start spending.

Assets valued at $20,000 or more (which cannot be immediately deducted) can continue to be placed in the small business simplified depreciation pool (the pool) and depreciated at 15 per cent in the first income year and 30 per cent each income year thereafter.

The pool can also be immediately deducted if the balance is less than $20,000 over this period (including existing pools).

The ‘lock out’ laws for the simplified depreciation rules (these prevent small businesses from re-entering the simplified depreciation regime for five years if they opt out) will be suspended until 30 June 2017, allowing all small businesses to take advantage of the temporary increase in the deduction threshold.

FBT holiday for portable electronic devices

Currently, an FBT exemption can apply to more than one portable electronic device used primarily for work purposes but only where the devices perform substantially different functions.

Applying to businesses with an aggregated turnover of under $2 million, this new measure will simplify the rules by removing the requirement for the devices to be substantially different, from 1 April 2016

This should address some of the uncertainty that has arisen when applying the rules to tablets, laptops, phones and other devices that are hard to distinguish from each other in terms of functionality.

Immediate deduction for professional costs setting up a business

As previously announced, start ups will be able to immediately deduct a range of professional expenses required to start up a business, such as professional, legal and accounting advice.  Generally these expenses are deductible over five years.

CGT relief for changes

As previously announced, small business with an aggregated turnover under $2 million will be able to change their legal structure without triggering CGT.

CGT rollover relief is currently available on transfer of business assets from individuals, partnerships and trusts into a company structure but all other entity type changes have the potential to trigger a CGT liability.

It is expected that this would allow a much broader range of restructuring options without triggering CGT.  For example, a sole trader may be able to restructure their operations into a trust structure.

Bear in mind that other tax issues may still need to be addressed on restructuring a business, particularly transfer duty.

Conclusion

Investment and business decisions should be made with a close eye on the objectives of the business.  In other words, commercial outcomes, including cashflow needs of the business, should normally outweigh tax advantages when making investment decisions.

However, the tax advantages announced last night are definitely food for thought for many Australian horse breeders.  For instance, perhaps defer that fencing project until 2016 and for smaller breeders, perhaps bring forward that acquisition of a farm vehicle.

Beau Brimming For Royal Ascot

Brazen Beau

Incoming Darley Victoria stallion Brazen Beau won’t arrive in England until a fortnight before the start of the Royal Ascot.

The King’s Stand Stakes (1000m) on June 16 or Diamond Jubilee Stakes (1200m) on June 20 will be his last start before retiring to Darley’s southern base at Seymour.  “Chris Waller has him looking absolutely spot on,” Darley Australia’s managing director Henry Plumptre said.  “He will trial up the Flemington straight on May 29 and then fly out on June 3.

“We’ve considered all the transport options and Chris would rather him land in England nearer to the race than further out.”

Brazen Beau (I Am Invincible) was sold to Sheikh Mohammed between his Group 1 victories in the Coolmore Stud Stakes and Newmarket Hcp at Flemington earlier this season.  “We identified him as a top class colt in the spring,” Plumptre added.  “He will underline that ability at Royal Ascot.”

Darley will stand him at Northwood Park for an introductory fee of $44,000 (inc gst) this year.

Inglis Great Southern Sale online

The Inglis Great Southern Sale catalogue from June 21 to 24 at Oaklands Junction is now online.

There are 724 lots over four sessions including 354 weanlings, 264 broodmares and over 100 racehorses and yearlings.

The weanling section, which kicks off the Sale at 10.30am on Sunday June 21, comprises 259 lots in the Platinum Session.  “By offering the Platinum Weanling Session for the first time at the Great Southern Sale consisting only of weanlings with X-Rays, we are able to ensure buyers can bid with added confidence,” Victorian bloodstock director Peter Heagney said.

Many weanlings are out of stakes-winning mares or are relations to stakes-winners, as was Group 1 winner Mongolian Khan when he was sold at the 2012 Inglis Great Southern Sale as a weanling for $9,000.

Buyers can look forward to securing some of the first progeny from freshman sires All Too Hard, Americain, Excelebration, Your Song, Bullet Train, Delago Deluxe, Dalakhani, Harbour Watch and Ocean Park.

Proven sires represented in the weanling section include Fastnet Rock, Medaglia d’Oro, Snitzel, Exceed And Excel, Sebring, High Chaparral, Choisir, Bel Esprit, Al Maher, Written Tycoon and Commands.

Vendors have also thrown their support behind the Broodmare Sale and some of Victoria’s most sought-after families will be offered with many in foal to hot stallions Pierro, Foxwedge, Choisir, Starspangledbanner, Bel Esprit, Written Tycoon, Denman and Master Of Design.

Buyers will have the opportunity to purchase mares covered in the first seasons of Shamus Award, Sizzling, Fiorente, Declaration Of War, Dawn Approach, Eurozone, Akeed Mofeed, War, Kuroshio and Fighting Sun.

God’s Own Mare Firing For Dunn

Athena Fire

Athena Fire has returned to racing with another narrow victory in the Home Turn Corporate Experience Hcp (1200m) at Ipswich.

The God’s Own mare has won 3 of her last 4 starts and none of them have been by bigger margins than a head.  Jumping from an outside gate on Wednesday, she travelled wide under Tim Bell but was full of running in the straight to win in a blanket finish from Feels Like Home (More Than Ready) and Get On (Court Of Jewels).

Athena Fire (5m God’s Own – Opal Fire by Hurricane Sky) is trained by Matthew Dunn for owner-breeder Dennis Coffey and is from an unraced sister to Caulfield Group 1 winner Desert Sky (C F Orr Stakes & Futurity Stakes).

The mare won a Hobart maiden (pictured) as a late-season three year-old before transferring from Brendan McShane to Dunn last year.

God’s Own stands at Greta West Stud and Athena Fire is one of 60 individual winners this season.  They have won a total of 85 races and $1.94 million in prizemoney.

Starspangledbanner Fee Increased To $44,000

Starspangledbanner will stand the 2015 southern hemisphere season at Rosemont Stud for $44,000 (inc gst).  He was priced at $16,500 (inc gst) last year.

The Royal Ascot-winning sprinter has enjoyed a stellar start at stud with his first northern crop – who were limited in number due to sub-fertility – headlined by G1 Prix Morny hero The Wow Signal, G2 Queen Mary Stakes winner Anthem Alexander and recent LR European Free Hcp winner Home Of The Brave.

His first crop of Australian bred juveniles is headed by G3 Blue Diamond Prelude winner Of The Brave.

Starspangledbanner (Choisir) joined the Coolmore Stud roster in 2011 following a career that yielded Group 1 wins in both hemispheres but returned to training in 2012 due to fertility issues.  However, after failing to show the same spark on course, he returned to stand to his birthplace at Rosemont Stud in Victoria.

“He looks like he’s going to be a high-end stallion and the hard work getting mares in foal might pay considerable dividends,” Rosemont owner Anthony Mithen said.  “We think the risk versus reward balance is well reflected in his $44,000 covering fee.  He is filling up super-fast with a couple of big local breeders already booking in mares.”

Starspangledbanner had been due to return to Coolmore Stud’s Irish headquarters for the 2015 northern hemisphere season but remained in Australia following a bout of colic.

He stands at Rosemont alongside Toorak Toff ($16,500) and Starcraft ($9,900).

Trust In A Gust To Continue Racing In 2015-16

Trust In A Gust

Swettenham Stud owner Adam Sangster has confirmed Trust In A Gust will continue his racing career in 2015-16.

Sangster inspected the Group 1 winning stallion at Darren Weir’s Ballarat stable on Monday following the cancellation of his Queensland winter campaign.

Trust In A Gust sustained minor lacerations to his legs in transit to Brisbane but they’re not serious and he will only require a six-week spell before returning to full work.

“Darren and his vet Andrew Cust have been very happy with the horse’s recovery,” Sangster said.  “We will set him for weight-for-age races next season and there’s also the possibility of an international campaign after the spring carnival.

“He’s built up a tremendous following in the last 18 months and we felt it would be good to let the racing public support him for another season.”

Trust In A Gust (by Keep The Faith (Sunday Silence) was voted Super VOBIS Horse of the Year in 2013-14 before lifting to another level for Group 1 victories in the Sir Rupert Clarke Stakes (1400m) and Toorak Hcp (1600m) earlier this season.

Despite the delayed start to his stud career, Swettenham’s new-look roster for 2014 has been boosted by Group 1 champions Toronado and The Wow Signal along with fellow Irish-bred star Puissance de Lune.  To make a booking please contact Chris Belli on 0417 514 552.

SWETTENHAM STUD 2015 FEES (inc gst)

TORONADO – $22,000

MASTER OF DESIGN – $15,000

THE WOW SIGNAL – $15,000

AMERICAIN – $13,750

EQUIANO – $13,750

PUISSANCE DE LUNE – $11,000

Qatar’s Al Shaqab shuttles The Wow Signal To Swettenham Stud

The Wow Signal

Class, speed, toughness and “the heart of a lion”.  There is little else that could be asked of a racehorse.

But The Wow Signal has all that, and more.  And he is bringing it to Victoria’s Swettenham Stud in what is the farm’s second major coup for the season.

Along with the physical qualities that make a superior racehorse, The Wow Signal possesses the attributes of a great sire.  And, in his case, they are a rare set.

The Wow Signal not only has a world-class stallion’s pedigree, he established his racing record in the most testing of arenas.

If there is one race meeting in the world that stamps a horse’s papers, it is Royal Ascot. On that score, The Wow Signal has the right credentials.  Not only did he win at the Royal meeting, so did his sire Starspangledbanner and so did his grandsire Choisir.

On top of that, his great-grandsire Danehill Dancer was the champion sire of Great Britain and Ireland for 2009 and one of the most successful shuttle stallions to have undertaken dual-hemisphere duties.  As a stallion for Australia, The Wow Signal could hardly have more to recommend him.

So impressive was he in a nine-length win on debut at Ayr last May that Al Shaqab Racing snapped him up.

The decision was immediately rewarded with a successful step up to Group 2 company in the Coventry Stakes at Royal Ascot before a search for a suitable Group 1 event led to France.

The switch from the firm ground at Ascot to soft going in the the Prix Morny at Deauville proved no obstacle with the colt scoring a victory over six furlongs.

This performance encouraged connections to begin planning a Guineas campaign.  It was a mission strongly favoured by jockey Frankie Dettori, who had partnered the colt in all three wins.

“He’s so tough and determined, he has the heart of a lion,” Dettori said after the Prix Morny in which he beat the Royal Ascot winner Hootenanny who later won the G1 Breeders Cup Juvenile Turf and Ervedya the subsequent winner of the G1 French 1000 Guineas.

“We know we’ve got a good horse with a lot of class, it was no fluke in the Coventry.”

The Guineas plan also appealed to Al Shaqab’s racing manager Harry Herbert.  “We were over the moon, it was a really superb performance over a trip that was becoming too short for him.”

The Wow Signal had one more run as a two-year-old, but a virus was found to have affected his chances in the G1 Prix Jean-Luc Lagardere at Longchamp on Arc day.

Back in training at three, his Guineas preparation was progressing well when he suffered an injury and was retired to Al Shaqab’s French stud Haras de Bouquetot where his career as a stallion will be guided by manager Benoit Jeffroy.

Australian breeders are already familiar with the quality of the Starspangledbanner stock through the performances of such talented horses as the local stakeswinner Of The Brave and in Europe his first crop also produced another Royal Ascot winner, Anthem Alexander.

The Wow Signal will become the first son of Starspangledbanner to go to stud, joining Swettenham’s other new resident for the coming season, Toronado, also owned by Al Shaqab and the only son of High Chaparral standing in Victoria.

Swettenham’s Adam Sangster described the impending arrival of both The Wow Signal and Toronado as a great show of faith by the Qatar-based Al Shaqab in his team and in the Australian industry.

“To be entrusted by Al Shaqab Racing with a horse such as Toronado was a tremendous privilege,” Sangster said.  “And now for us to also have The Wow Signal join him is a measure of the strength and the quality of the bloodstock industry in this country.”

The Wow Signal will stand for $15,000 (inc gst).  To make a booking please contact Chris Belli on 0417 514 552.

First winner by Town Of Dragon

Town Of Dragon

Town Of Dragon joined the long list of Redoute’s Choice stallions to sire a winner at Geelong on Tuesday.

His mare Dragon Artist prevailed in a three-way photo-finish to the Rex Gorell Hcp (1000m). She was resuming for locally-based part-owner and trainer Carolyn Knight after a fading fourth at Ararat in February.

Dragon Artist (4m Town Of Dragon – Gucciconi by Bianconi) jumped to the front for Jordan Grob and then took a sit before edging out Inferential (Not A Single Doubt) and Our Jovanna (Danerich).

Redoute’s Choice sired Town Of Dragon from NZ bred Group 2 winner Deputy Dancer (Deputy Governor). He cost $180,000 at the 2004 Inglis Easter yearling sale and won twice at Werribee for Danny O’Brien before transferring to Hong Kong.

After failing to fire for Danny Shum, he returned home to stand at Sutket Farm on the Bellarine Peninsula.

Town Of Dragon received scant support from broodmare owners – just 18 of his foals have been registered with the Australian Stud Book.

Fontein Ruby Chasing More VOBIS Cash

Fontein Ruby @ Caulfield

Trainer Robert Smerdon is looking for a return to her home track to add another lucrative Super VOBIS victory for Fontein Ruby at Caulfield this Saturday.

The daughter of Turffontein won the $250,000 VOBIS Gold Reef at Caulfield two starts back and is entered in the $80,000 Super VOBIS 3YO Handicap (2000m), which carries an additional $50,000 in VOBIS bonuses, on Saturday where she is set to carry topweight of 60kg.

Fontein Ruby finished 11th behind Delicacy in the Group I Australasian Oaks at her last start at Morphettville on May 2 but a slow start saw her unable to dominate from the front as is her usual style of racing.

“She blew the start the other day and that was it,” Smerdon said. “Once she can’t lead and dictate it usually spells the end of her chances and that’s what happened in Adelaide.

“She’s a funny thing, she seems to sulk if she can’t lead and from the inside draw she ended up back on the fence which was not the best place, for her at least.”

Fontein Ruby will be racing for the seventh time this preparation however a decisive victory could see her keep racing.

“We’ll use the race on Saturday as a guide to tell us if it’s worth keeping her up for the Queensland Oaks,” Smerdon said.

“She’s not actually in the race but if she was good enough on Saturday we’d think about paying the late nomination, otherwise she can go to the paddock, she’s done a good job either way.”

Article by Darryl Shere

Pocket-Rocket By Bel Esprit

Bel Chandon

Trainer Mat Ellerton believes Bel Chandon is a future black-type performer for Bel Esprit on the strength of her surprise win at Flemington.

“She’s not big but she’s got ability,” Ellerton said after the Phar Lap Club Plate (1100m).  “And the conditions suited her today.”

Bel Chandon (2f Bel Esprit – Super Swell by Danbird) went forward from a wide gate first-up at Terang last month before fading as the $3 favourite.  The barrier draw wasn’t as crucial down the straight course on Saturday and she relaxed in the second-half of the field before launching a finish that belied a $17 quote.

Bred in Victoria by David Schultz of Pinnacle Thoroughbreds, she is a three-quarter sister to Bel Esprit’s G1 Robert Sangster Stakes winner Bel Mer and sold through Three Bridges for $150,000 at the 2014 Gold Coast Magic Millions.

Three years earlier, Schultz bought her dam Super Swell off the track for $90,000 at the 2011 Inglis Melbourne August Sale and put her straight in foal to Bel Esprit.  The mare has a yearling filly by Bel Esprit and she’s back in foal to Victoria’s reigning champion sire on an early cover last September.

Nicoscene Nails G2 Euclase Stakes

Nicoscene

Nicoscene flew home from the back of the field to nail a Group 2 victory for Musk Creek Farm in the Euclase Stakes (1200m) at Morphettville on Saturday.

The Melbourne raider had won three races at Moonee Valley before crossing the border to bag his first black-type victory.  “He’s best when he can relax,” jockey Mark Zahra said.  “There was more speed in the race than I expected and that let him switch off which was important.”

Nicoscene (3c Nicconi – Citiscene by Snippets) was pin-hooked Musk Creek for $23,000 as a weanling and then sold for $85,000 at the 2013 Inglis Melbourne Premier yearling sale.  That mark-up emphasises the ability of Musk Creek owner David Kobritz and his team to identify a foal with stakes potential.

Kobritz kept a share in the colt and connections will talk to trainers Lee & Anthony Freedman whether to take him north to the Queensland winter carnival.  His second-dam Citirecruit was runner-up in the 2000 Queensland Oaks.

The Euclase Stakes was the second stakes win in as many weeks for Musk Creek following Dead Or Alive’s victory in the LR Oaklands Plate (1600m) at Morphettville on May 2.  The Wanted gelding was bred and sold by Kobritz for $110,000 at the 2014 Gold Coast Magic Millions.

Royal Appointment For Toronado

The Queen inspects Toronado

Swettenham Stud shuttler Toronado paraded for The Queen during a tour of the English National Stud this week.

“Her Majesty saw their wonderful new stallion Toronado,” racing manager John Warren said.  “The Queen was delighted to visit the National Stud and planted a tree to mark 100 years since its inception.”

The Queen inspected all five sires at the English National Stud during the visit with Chairman Ben Sangster and Managing Director Brian O’Rourke.

Toronado (Ire) is finishing his first northern book before shuttling to Swettenham Stud in August.  Racing for Sheikh Joaan, he was an undefeated Group 2 winning two-year-old and went on to win the G1 Sussex Stakes and G1 Queen Anne Stakes in faster times than Frankel.

“Toronado will really appeal to the commercial market,” Warren said.  “Looking closely at both his pedigree and conformation he is hugely exciting.  Being by the international leading sire High Chaparral out of a mare from the Gone West line he looks perfect for a wide range of mares including those who descend from the Danzig line.”

Swettenham Stud will stand Toronado for a service fee of $22,000 (inc gst).

Who Will Take Over As Victoria’s Leading Sire?

Eliza Park’s shock decision to send champion Victorian stallion Bel Esprit north has opened the door for a bevy of stallions to take over his mantle as the state’s leading sire.

After seven years leading Victoria’s stallion ranks, the team at Eliza Park made the decision to transfer Bel Esprit to their Innisplain property in Queensland.

The stallion’s northern state holiday gives a number of emerging stallions the chance to take over his highly-sought after position as Victoria’s premier producer.

The most likely to inherit Bel Esprit’s title looks to be Darley’s leading Victorian sire Reset, and he may not wait until the end of the season to do so.

The lightly-raced son of Zabeel enjoyed a break-out season in 2014/15, with Group 1 victories from the likes of Fawkner and Set Square pushing his season earnings past the $4.4 million mark.

As it stands, Reset sits in 15th position on the Australian Leading Sires table, two positions ahead of Bel Esprit.

Woodside Park’s Written Tycoon has been snapping on Bel Esprit’s heels since making his breeding debut in 2010 and continues to do so this season, currently sitting on 19th position in the nation-wide tables.

The son of Iglesia was crowned Champion First Season Sire of Australia in 2010/11 and has quickly built a reputation as one of the state’s most affordable and exciting stallion options.

Showcased in 2014/15 by the likes of Rich Enuff and It Is Written, Written Tycoon’s progeny have amassed a total of  $3.98 million in prizemoney this season, just $200,000 short of the Brisbane-bound Bel Esprit.

Interestingly, none of the leading trio of stallions are the state’s leading VOBIS Prizemoney earners on percentage.

While he may not yet be one of the nation’s top prizemoney-earning stallions, Chatswood Stud’s Reward for Effort has found a knack of producing VOBIS-prizemoney earning progeny in his maiden year at stud.

The son of Exceed and Excel has gathered 24.27% of his season’s prizemoney from the Victorian owners and breeders incentive scheme, a touch more than fellow Victorian stallion Von Costa de Hero, who secured 24.37% of his season earnings with VOBIS.

Nominations for VOBIS Gold for 2014-born foals are now open. Click here to learn more about the VOBIS Gold scheme.

Fourth Session For Melbourne Great Southern Sale

Due to overwhelming support from vendors, the Inglis Melbourne Great Southern Sale has been extended to four days and will run from Sunday, June 21 to Wednesday, June 24 at Oaklands.

More than 700 entries have been received for the sale, which will offer 350 weanlings, 265 mares, and 100 racing stock.

The sale will commence with weanlings on Sunday and Monday.  The first of the broodmares will also be sold on Monday and continue on Tuesday.   The sale will conclude with racehorses, yearlings and unbroken stock on Wednesday.

Following significant increases in the average, median and gross figures at the 2014 sale, and an excellent clearance rate of 88% in the weanling section, the 2015 sale has again been well supported by our vendors.

“We are also pleased to introduce the Platinum Weanling Session as part of Melbourne’s largest breeding stock sale,” Inglis manager Peter Heagney said.  “This initiative should prove very popular with buyers, particularly those wishing to pin hook weanlings to take through to yearling sales.”

The Platinum Weanling Session is for weanlings which have been pre-sale X-rayed.  This section proved to be very successful at the recent Inglis Australian Weanling Sale and has been well supported by vendors at this sale.

Entries for the Inglis Great Southern Sale have been finalised, however a  supplementary catalogue will be conducted for all sections with entries closing on Friday, June 12.

The sale will also present plenty of opportunities for people to invest wisely in the world-class VOBIS Gold and Super VOBIS schemes.  For more information on these schemes visit:  http://owner.racing.com/vobis

VRIF Boosted To $86 million

The Andrews Labor Government will keep Victorian racing strong by bolstering the Victorian Racing Industry Fund (VRIF), investing $86 million in racing and training venues across the State.

The funding boost was confirmed in a statement following the release of the 2015-16 Victorian Budget this week.  It includes $72 million in new funding, and $14 million unspent since the Fund commenced.

The VRIF is derived from unclaimed wagering dividends and on-course wagering taxes from Tabcorp.

“Victoria’s racing industry has a strong future under the Andrews Labor Government,” Minister for Racing, Martin Pakula, said.  “VRIF increases will stimulate industry growth and improvements at racing and training venues, support measures for industry participants, promote Victoria’s breeding industry, enhance animal welfare and integrity assurance programs plus crucial upgrades for our country tracks.”

The VRIF also supports a Raceday Attraction Program (RAP) to assist the Victorian racing industry in building attendance and participation in feature racedays that support local economies, promote tourism and grow participation in the industry.

Thoroughbred Breeders Victoria President James O’Brien voiced the association’s endorsement of the renewal of VRIF by the Andrews Labor Government.  “The commitment to continue to support the breeding industry through incentive programs such as VOBIS Gold recognises the economic benefits breeders bring to Victoria. We look forward to working with the Minister to ensure the VRIF leverages maximum benefits for the industry and stimulates demand for Victorian bred horses.”

Rhinebeck Standing At Cora-Lynn Stud

Rhinebeck will stand his first commercial season at Cora-Lynn Stud in Lancefield this year.

The regally bred son of champion sire Encosta de Lago covered 20 mares last year and will now be promoted to a wider audience of Super VOBIS breeders by his owner Jacqui Berrill.

Berrill was part of the Newgate Farm team that prepped Rhinebeck for the 2011 Inglis Easter yearling sale where he made $200,000.  “From Day 1 he was just a lovely horse,” she recalled.  “He had a great nature and a terrific attitude.”

Rhinebeck (5h Encosta de Lago – Aqua D’Amore by Danehill) was injured and didn’t race but Berrill didn’t need to give it a second thought when he was put up for sale as a stallion prospect.

“I was so happy to take him on.  I knew that he was well bred enough to produce a good horse and I am thrilled with the way he has matured – he has grown into a lovely big horse who just floats along the ground.”

Berrill is looking forward to the arrival of his first foals and a bigger book this spring at a $2,750 (inc gst) service fee.

Rhinebeck is bred on the same Encosta de Lago – Danehill cross as Zoustar, Delago Deluxe and Chautauqua.  His dam Aqua D’Amore won the G1 Futurity Stakes, G2 Villiers Stakes & G3 Eclipse Stakes and she is a three-quarter sister to last year’s G2 Sandown Guineas winner Petrology.

Berrill can be contacted for more information on 0477 180 199  or  jacquelyn_berrill@hotmail.com

Breeding To Win At Gleneagles Stud

Dangerous Breeding

Gleneagles Stud owner Kevan Wacey has bred numerous winners by Eliza Park International stallions and he notched another when Dangerous Breeding cruised home in the VOBIS Gold Strike (1000m) at Warrnambool on Tuesday.

The second-crop daughter of EPI stallion Wanted jumped with the leaders on debut and extended in the straight to score by nearly three lengths.  “The blinkers helped and so did the inside gate,” trainer Robert Smerdon said.  “That rail is priceless for unraced horses to follow.”

Dangerous Breeding (2f Wanted – Discretionary by Hurricane Sky) defeated Maddie Moo Moo (Street Boss) and Purely Precious (Purrealist) to pocket a total of $63,000 in prizemoney and Super VOBIS bonuses.

“It looked a deep race although it was a no-brainer with all that VOBIS Gold money,” Smerdon admitted.  “I would have been happy if she hung on and ran second but she’s got that determination and ended up a clear winner.”

Wacey bred and sold the filly for $70,000 as part of the EPI draft at the 2014 Inglis Melbourne Premier yearling sale.  Her dam Discretionary is a three-quarter sister to Special Edition (G3 Blue Diamond Preview) and a half-sister to Doubting (G2 Kewney Stakes).

Discretionary also has a Wanted filly foal at Gleneagles Stud in the Yarra Valley and Wacey bred the mare back to Statue Of Liberty last year.

Wanted (Fastnet Rock) will stand for a $16,500 (inc gst) service fee at Eliza Park International in 2015.  The VOBIS Gold Strike result came hot on the heels of his Listed victory with Dead Or Alive in the LR Oaklands Plate on Saturday.