*News from Inglis
Entries for the 2020 Inglis Select Yearling Sales Series are closing soon, with Australia’s leading thoroughbred auctioneer confident of again enjoying a successful sales season with its breeders and vendors.
Inglis will again conduct five select yearling sales – Classic, Premier, Easter, Gold and Scone – in 2020 at Riverside Stables, Oaklands Junction and White Park.
The Melbourne Premier Yearling Sale will comprise of a two-day Premier Session, supplemented by a further two days of the newly formed Showcase Session from March 1-4 while the Melbourne Gold Yearling Sale will expand to the two days of April 19 and 20.
Both Melbourne sales will be held at the magnificently renovated Oaklands Junction precinct.
“We are thrilled with how the Oaklands renovations were received by our clients this year and we look forward to building on that in 2020,’’ Inglis’ Victorian Bloodstock Manager Simon Vivian said.
“The Premier Yearling Sale was a great success again in 2019 with another increase in average – the 10th year of the past 11 years we have achieved that – the atmosphere and spirited bidding at Oaklands was fantastic and with the support of the Victorian breeders especially, as well as many interstate breeders, we believe 2020 will be even bigger and better.’’
More than 2000 yearlings were sold through the Inglis Select Yearling Sales Series in 2019 at a market-leading clearance rate of 85%, market-leading average ($114,000) and market-leading gross ($230,000,000).
Inglis also sold the most yearlings in 2019 for $1 million or more, with 19 of the 30 yearlings to sell for seven figures in Australia doing so through Inglis, as well as the only two yearlings to sell for $2 million or more.
Inglis graduates continue to dominate on the track, with 20 individual G1 winners for the 2018/19 season.
Since the start of 2018, Inglis has produced 88% more G1-winning graduates than any other Australian auction house, while 83% of Australian G1-winning 2YOs in that same period that have been offered at auction have been offered through Inglis.
“The success of graduates of Inglis auctions, particularly at G1 level, is very significant and we will be doing our utmost to promote to the buying bench that their chances of buying a G1 winner are dramatically increased by doing business with Inglis,” General Manager of Bloodstock Sales Sebastian Hutch said.
“We are determined to offer our vendors an outstanding service throughout the process and our sales structure for 2020 is a reflection not just of the consideration we have given as a team to where we can improve, but more importantly of the feedback we have received from both vendors and buyers.
“We want to work with each and every one of our vendors to help them to achieve optimum results across the board, starting with identifying appropriate sales targets for the 2020 Yearling Sales Series.
“It is a most important time of the year and while work for the 2020 Series began quite some time ago, our bloodstock team is excited about getting out and about to discuss options with vendors over the coming weeks and months.
“We are committed to offering an outstanding level of service to our patrons, both vendors and buyers.
“Having canvassed feedback throughout the sales season, we have made slight changes that we feel present our clients with an optimal sales structure for 2020.
“There is an absolute commitment amongst our Bloodstock team to working hard for our vendors to achieve outstanding results for our clients.
“Inglis auctions have produced 29 Group 1-winning graduates since the start of 2018, almost double that of the next best Australasian auction house. We are very grateful for the support that has resulted in this success and feel that it affords us the perfect platform to attract buyers from across Australia and right around the world to our sales in 2020.’’
To enter your yearlings for the 2020 Inglis Select Yearling Sales Series, download an entry form at inglis.com.au or contact a member of the Inglis bloodstock team in Melbourne on 03 9333 1422 or Sydney on 02 9399 7999.
Entries close this coming Friday, August 2.