Inglis Classic

10th February 2021

The 2021 Inglis Classic yearling sale continued to show the strength of the yearling market in Australia, with records being set in several categories for the sale.

In Book 1 increases were seen across all categories. The top price of $625,000, brought by a son of Newgate’s in-demand young sire Capitalist, set a sale record. In fact, the top two lots, both by Capitalist, broke the previous highwater mark of $550,000. Lot 591, a filly by Widden’s flagship stallion Zoustar, set a record for highest price filly, bringing $450,000. One of the most notable increases this year is the number of horses that brought $200,000 or more. 50 lots reached/exceeded that price, roughly a 40% increase. The sale also set records for overall gross, average, and median in Book 1.

In terms of the international buying bench, 48 lots were purchased in 2020 from five different jurisdictions. This year while the number of jurisdictions remained the same, only 32 lots were sourced from this sale by international buyers. Like Magic Millions, Hong Kong carried the international representation.

The Highway session also showed increases in every metric. Again, the number that jumps out comes from the lots equal/over $100,000 category, with 15 bringing that figure or more, an outstanding 73% increase from the previous year.

Leading the sire standings by median (with 3 or more sold) was Yarraman Park’s stalwart I Am Invincible. Of stallions with first two-year olds this year, Capitalist was the runaway leader by all markers, and even topped the overall list by aggregate. For stallions with their first crop of yearlings on offer, Cambridge’s NZ based shuttler Almanzor (FR) continued to impress, topping the categories of top price, average, and median in his class. He also led the overall table by average of stallions with three or more sold.

FBAA Activity

Eleven individual FBAA agents purchased 52 lots, totaling $5.72 million. That aggregate is roughly 11% of the total gross of the entire sale. The median price was $80,000, which equals the overall sale’s median. The most expensive lot was purchased for $320,000.