Cover image courtesy of Inglis
At A Glance
The average soared to a new mark $406,788, up 10 per cent from last year, when it was a record $368,945. The median also leapt to $300,000 from $280,000.
The Sale posted a record aggregate of $151.8 million, up $16 million on 2021. The clearance rate sits on 85 per cent, beneath the 90 per cent last year.
There were 20 $1-mllion plus lots, fewer than last year when there was 23, but the $3 million paid by Tom Magnier for the Zoustar colt was the highest Australian yearling price since 2013.
Magnier purchased three $1-million plus colts on the day to take his sale total to six, spending $10.3 million at an average of $1.72 million. Hawkes Racing spent $8.6 million, including three $1 million lots on Wednesday.
Arrowfield Stud set a new record for a vendor, with $30.2 million in sales, selling 58 yearlings, including seven seven-figure lots. Torryburn led the averages for vendors on $675,000.
I Am Invincible was the Sale's top sire, with $22.5 million in sales across 31 yearlings at an average of $725,806. He had six $1 million-plus lots. Snitzel had five lots in that price range, with his overall average at $717,708.
Sunlight sibling shines brightest
Tom Magnier and his Coolmore colts partners identified Lot 434, the Zoustar colt and brother to three-time Group 1 winner Sunlight, on offer by Widden Stud, as their pick of the Sale and fought off a determined play from BK Racing and Breeding to take him home for $3 million.
It was the highest price Magnier has ever paid for a yearling in Australia, the highest price paid for a yearling by Zoustar and the $3 million is the equal third highest price paid at an Australian yearling sale.
Given the Widden colt's pedigree, a brother to both Champion filly Sunlight, who Coolmore paid $4.2 million for at the 2020 Magic Millions National Broodmare Sale, and Group 3 winner Sisstar, it was no surprise to see him top the Sale, and that it was Magnier winning the day.
"Obviously, we bought Sunlight off Widden and the Thompson family have been producing good horses for a long time and they are very good friends of ours," Magnier said.
"Obviously, we bought Sunlight and the foal at home by Justify is our best foal at home. It’s a family that we know well. When you are trying to make stallions you need to have horses like this. He was probably the best type of the Sale. Widden have the horses looking great."
"When you are trying to make stallions you need to have horses like this. He (Lot 434) was probably the best type of the Sale." - Tom Magnier
The Zoustar colt, like all of Magnier's six $1 million-plus colts purchases for the week, will go to trainer Chris Waller and the Coolmore Australia principal praised everyone involved in making the purchase possible.
"We are delighted to have a great team behind us in our colts syndicate. When you go and fund colts like this you have to have everybody agreeing that this is a colt that ticks every box for the whole team," he said.
"We will obviously need a bit of luck and they can't all be good, but you are doing the right thing if you are trying to buy the good pedigrees and the good types. They are going to a good trainer."
A fully Charged pedigree
The colt's dam, Solar Charged (Charge Forward), has been an exceptional producer since Widden Stud and Qatar Racing purchased her for $650,000 in 2014.
Her progeny have fetched a total of $5.7 million through yearling sales since and include two Group winners, two stakes performers and five winners in total. She foaled a filly to Zoustar last year and visited the stallion again in 2021.
It was also a record for Widden Stud, with an emotional Antony Thompson, keen to share the glory with his staff.
“I can’t believe it. Words can’t describe the rollercoaster being behind the auctioneer there and seeing that horse make $3 million, it is just overwhelming,” said Thompson as tears of joy welled up.
“It is stunning work from the team, the guys, our partners in him. I’m blown away. You go into the ring and you’re hoping they sell well, but you never know late in the Sale. You’re worried if they (buyers) have done their budgets and all those things.
“It is stunning work from the team, the guys, our partners in him (Lot 434). I’m blown away. You go into the ring and you’re hoping they sell well, but you never know late in the Sale." - Antony Thompson
“We knew we had a very special horse, but wow, that is a very special horse. We are just flabbergasted. To top any sale, but to top an Easter Yearling Sale is pretty awesome.”
Thompson paid tribute to Coolmore's commitment to buying the best colts in the land.
"Coolmore have been wonderful supporters of the farm. They bought the top-priced horse off us in Melbourne as well (by I Am Invincible for $950,000) and they, of course, bought the full sister to this bloke in Sunlight," he said.
“They like buying off Widden, I think they feel confident in what we do. Hopefully, one day this guy is a stallion for them in the barn at Coolmore and we can send our mares back to him.”
Snitzel suits for Coolmore
Magnier also secured the second top lot of the Sale, going to $2.25 million for another regally related colt, this time by Snitzel. Lot 374 from the Arrowfield Stud draft is out of Group 1-winning mare Response (Charge Forward), making him a brother to Estijaab, a $1.7 million graduate from this Sale in 2017.
With such a pedigree and profile, he was destined to soar into the seven figures, but Magnier had to go further to see off Northern Farm, who also had their eye on him.
"If you want to find good pedigrees, they’re all here this week. The team thought he was a really nice physical, I think everyone was on him," Magnier said.
"If you want to find good pedigrees, they’re all here this week. The team thought he was a really nice physical, I think everyone was on him." - Tom Magnier
"We have a great team around us, Chris, Guy and the team at Coolmore, they all really liked this horse. It is a real stallion's pedigree if he does it on the racetrack and they’re the horses we’ve been trying to get this week.
“To be fair to the Messaras at Arrowfield, they do a great job in producing horses for this Sale and to get a horse out of their draft is great."
Magnier purchased two colts by Snitzel across the Sale, continuing a trend of finding the best presented colts as stallion prospects.
“Snitzel is a four-time Champion Sire and everybody is looking for the next Snitzel, the next Fastnet Rock and hopefully we’ve already got the next I Am Invincible (Home Affairs) and they’re the boxes you need to tick when you’re looking at a stallion’s pedigrees," he said.
“The Messaras produce great horses and they have done a great job with Snitzel. The Danehills, through the Fastnet Rocks, the Sadler’s Wells through the Galileos, you’ve got to try and follow those lines and who knows where it’s going to come from, but if you’re buying progeny by the top stallions you’re in with some chance.”
"The Danehills, through the Fastnet Rocks, the Sadler’s Wells through the Galileos, you’ve got to try and follow those lines and who knows where it’s going to come from, but if you’re buying progeny by the top stallions you’re in with some chance.” - Tom Magnier
As well as the Emirates Park-owned Estijaab, Response has produced three other winners, including the stakes-performed Alter Call (Fastnet Rock) and Remarque (Snitzel). She has a weanling colt by Snitzel and then visited The Autumn Sun.
Arrowfield Chairman John Messara praised the Snitzel colt.
"We felt he was going to fetch big money because he was admired by so many professional buyers. In the end they got into a tussle to get him up to pretty high level," he said.
"We are very proud of him. His mother has thrown two good ones ahead of him, so it’s a low-risk proposition buying him based on what his mother has already thrown."
Hawkes double up on Arrowfield quality
Arrowfield also celebrated two other star results with daughters of Group 1-winning mares on Wednesday, with Lot 424, a filly by Snitzel out of Silent Sedition (War Chant {USA}) selling for $2.2 million and Lot 448, a filly by Dundeel (NZ) out Stay With Me (Street Cry {Ire}) selling for $1.7 million, a record for the sire. Both fillies sold to Hawkes Racing.
Wayne Hawkes described the Snitzel filly as one from the very top draw that they were determined to take home.
"She was more like a colt to be fair. So when you’re buying these fillies and they look like colts, it’s a bit special," he said.
"She is (a forward type). What more can I say about her than what everyone already knows? When you see these fillies that are winning against the boys and that’s what (her dam) did, I was there when she won at Moonee Valley the night that she won.
"She (Lot 424) is (a forward type). What more can I say about her than what everyone already knows? When you see these fillies that are winning against the boys and that’s what (her dam) did." - Wayne Hawkes
"There’s fillies that win the Group 1s and then the special fillies that win in open company. She was a star and she was a star filly of the Sale. What you come and you get compared with what you walk out the door with are generally two different things, so when you get your number one draft pick, put it this way, when you don’t have them it’s the opposition that against you next year."
"Fillies are making colts' prices. But she’s always going to have that pedigree. You can’t buy those fillies. They are the queens, blue hens, call them whatever you want. Mum was winning against the boys and not many fillies actually do that."
Silent Sedition was purchased by Katsumi Yoshida for $1.5 million in 2018 and has now produced Snitzel yearlings priced at $600,000 last year and $2.2 million this year. She has a Snitzel weanling filly and returned to that stallion.
"I thought to my eye there was some very nice fillies in the Sale, but she was as good a filly as you could find. Almost perfect in every way. Let’s hope she proved that on the track," Messara said.
"I thought to my eye there was some very nice fillies in the Sale, but she (Lot 424) was as good a filly as you could find." - John Messara
Hawkes Racing also paid the highest-price yet for a yearling for the first crop of Justify (USA), going to $1 million for Lot 267 from the draft of Kia Ora Stud, the half-brother to dual Group 1 winner Loving Gaby (I Am Invincible).
Arrowfield in the ascendancy
Arrowfield's incredible Sale saw it sell over $30 million over the two days, a target Messara had set for his team and one which smashed the previous record for a vendor at the Sale.
"Overall our result was outstanding, we were very pleased with the outcome. We broke our own record, by a huge margin, by $9 million which is ridiculous. We are very proud of that," he said.
"The market is strong, but I keep saying to people that every asset class has been on the rise, boats, stocks, houses and intertest rates are very low. Prizemoney has been rising, that certainly helps. It’s been a combination of things which has brought a bit of confidence in the marketplace.
"It’s very gratifying, because there has been a massive investment to get to where we are today in stallions and mare and capital to get ourselves to a position where we can produce this level of horses."
"It’s very gratifying, because there has been a massive investment to get to where we are today in stallions and mare and capital to get ourselves to a position where we can produce this level of horses." - John Messara
Arrowfield finished with seven $1 million-plus lots and an average of over $520,000.
"I'm elated and I'm really happy for the team and proud for the team. Without the team, you can’t prepare 60-something horses. I'm feeling very humbled by the quality in the team I have got," Messara said.
Bittersweet moment for Monds with $2 million Vinnie filly
It was with a sense of mixed emotion that Linda Monds of Tyreel Stud parted with her beautiful grey I Am Invincible filly, Lot 348, on Wednesday, but when Mitchell Bloodstock (FBAA) combined with the Yellow Brick Road Company for $2 million, she knew it was the right outcome.
The filly is out of the grand producer Pinnochio (Encosta De Lago), the sister to Group 1 winner Racing To Win and the dam of The Everest winner Classique Legend (Not A Single Doubt) and Group 2 winner Aethero (Sebring).
Monds said she had wanted to retain the filly, but the market convinced her that it was in the best interests of her and husband Laurence's business to let her go.
"I just felt she was such a special filly. I thought she deserved every bit of the sale figure she achieved and it's definitely a bittersweet moment," she said.
"I just felt she was such a special filly. I thought she deserved every bit of the sale figure she achieved and it's definitely a bittersweet moment." - Linda Monds
"From the time she foaled down, I always said the first filly out of the mare I would keep and all the way through I was going to keep her. I even had a racename in my head for her and right up to the time she walked into the ring, I didn't think she'd reach the value that I thought she was worth. It's blown me away that she has actually sold."
That value was $1.8 million, where she was declared on the market, ensuring she will go and joining the stables of Chris Waller.
"I spent a lifetime dreaming about breeding, but I know she will go on and do us proud, and I have Mum at home and I'll breed another one," Monds said.
"I've never had a yearling that has been so heavily vetted and inspected. What makes me more impressed with that filly is how she handled it. She's going to be a superstar."
Bill and James Mitchell did the bidding, signing for her in partnership with Yellow Brick Road Company, which is owned by local Cabramatta restauranteur, Phillip Vissalli.
"She was the one that we identified early in the Sale and the client was very keen to buy her and she was an expensive filly, but high-quality, with great residual. She's a beautiful filly, and we were very happy," Mitchell said.
"She is a beautiful filly, strong, good-natured and it was pretty plain for everyone to see she was an outstanding filly. It’s just a matter if you can buy her or not.
"She was as good a filly as there was on the grounds, without a doubt."
Pinocchio has a Pierro filly to follow and visited Snitzel last year.
"She (Lot 348) is a beautiful filly, strong, good-natured and it was pretty plain for everyone to see she was an outstanding filly. It’s just a matter if you can buy her or not." - Bill Mitchell
Harron secures pedigree of the rise
Another I Am Invincible to star on the second day was Lot 393, who was secured by James Harron for $1.7 million.
The filly is out of Group 1 winner Ruud Awakening (NZ) (Bernardini {USA}), the champion 2-year-old in New Zealand and dam of recent G3 Pago Pago S. winner Rise Of The Masses (Russian Revolution).
It was a marquee result for Newgate Farm, its best result of the week.
"She was bred by a fantastic client of the farm in Go Bloodstock’s Sir Owen Glenn. He and Steve O’Connor do a great job and it’s an excellent result for the farm," Newgate Stud manager Jim Carey said.
"It is a huge credit to everybody at the farm, from the people who foaled her down and brought her through (to the yearling sale). They’ve always had a huge wrap on her."
"It is a huge credit to everybody at the farm, from the people who foaled her down and brought her (Lot 393) through (to the yearling sale). They’ve always had a huge wrap on her." - Jim Carey
“It was a huge result for us (with Rise Of The Masses) and his sire Russian Revolution is absolutely smashing it. He had another winner yesterday (at Hawkesbury). Rise Of The Masses came off the farm, like this filly, and hopefully she progresses as well as he is.
“She has an absolutely fantastic temperament, she has a great action and she’s very straightforward."
Ruud Awakening had a Snitzel filly last year and then visited Extreme Choice.
Harron said a stable for the I Am Invincible filly had yet to be determined.
Records tumble for Inglis
Inglis Bloodstock CEO, Sebastian Hutch, was left almost lost for words be the strength of the market and the record results of the Sale.
“It is unprecedented, genuinely unprecedented," he said.
“It is unprecedented, genuinely unprecedented." - Sebastian Hutch
We have been in the fortunate position whereby circumstance has meant that we set new records at the Classic Yearling Sale, the Premier Yearling Sale, the Ready2Race Sale, so inevitably the mind wonders, ‘what is the record at Easter?’ and so I looked back and it was back in 2008 when there were 630-odd horses in the sale and they turned over $150 million and a bit, so you think, ‘that’s impossible, you can never beat that’.
“To sit here today and to be in position to have horses good enough to allow us to beat it and to have bidders who were committed enough and brave enough to want to go and buy horses to the extent they have is hard to comprehend.”
Top lots
434 | Zoustar | Solar Charged | C | Widden Stud, Widden Valley | T Magnier NSW | $3,000,000 |
374 | Snitzel | Response | C | Arrowfield Stud, Scone | T Magnier NSW | $2,250,000 |
424 | Snitzel | Silent Sedition | F | Arrowfield Stud, Scone | Hawkes Racing NSW | $2,200,000 |
348 | I Am Invincible | Pinocchio | F | Tyreel Stud, Agnes Banks | The Yellow Brick Road Company/ Mitchell Bloodstock (FBAA) NSW | $2,000,000 |
393 | I Am Invincible | Ruud Awakening | F | Newgate Farm, Aberdeen | James Harron Bloodstock Pty Ltd NSW | $1,700,000 |
448 | Dundeel | Stay With Me | F | Arrowfield Stud, Scone | Hawkes Racing NSW | $1,700,000 |
369 | Snitzel | Purely Spectacular | C | Bhima Thoroughbreds, Scone | Go Bloodstock/ Gai Waterhouse & Adrian Bott Racing/ Kestrel Thoroughbreds NSW | $1,400,000 |
377 | Snitzel | Rising Romance | C | Arrowfield Stud, Scone | TFI/ Kia-Ora Stud QLD | $1,400,000 |
359 | Not A Single Doubt | Presque Isle | F | Arrowfield Stud, Scone | John O'Shea Racing Pty Ltd NSW | $1,250,000 |
415 | Zoustar | Sexy Eyes | C | Milburn Creek, Wildes Meadow | T Magnier NSW | $1,250,000 |
Top buyers
T Magnier | 6 | $10,300,000 | $1,716,667 | $3,000,000 |
Hawkes Racing | 10 | $8,605,000 | $860,500 | $2,200,000 |
John O'Shea Racing Pty Ltd | 7 | $3,750,000 | $535,714 | $1,250,000 |
Gai Waterhouse & Adrian Bott / Kestrel Thoroughbreds | 11 | $3,600,000 | $327,273 | $475,000 |
China Horse Club / Newgate Bloodstock / Trilogy Racing | 5 | $3,500,000 | $700,000 | $900,000 |
Ciaron Maher Bloodstock | 11 | $3,485,000 | $316,818 | $750,000 |
Rosemont-Victorian Alliance / Suman Hedge Bloodstock (FBAA) / David Redvers Bloodstock | 7 | $3,435,000 | $490,714 | $675,000 |
James Harron Bloodstock Colt Partnership | 4 | $3,405,000 | $851,250 | $1,350,000 |
Kia-Ora Stud Pty Limited | 4 | $3,250,000 | $812,500 | $950,000 |
Hong Kong Jockey Club | 5 | $3,235,000 | $647,000 | $1,000,000 |
Vendors by aggregate
Arrowfield Stud, Scone | 58 | $30,175,000 | $520,259 | $2,250,000 |
Coolmore Stud, Jerrys Plains | 37 | $10,655,000 | $287,973 | $950,000 |
Widden Stud, Widden Valley | 21 | $10,345,000 | $492,619 | $3,000,000 |
Segenhoe Thoroughbreds Aust Pty Ltd, Scone | 23 | $9,545,000 | $415,000 | $1,350,000 |
Newgate Farm, Aberdeen | 21 | $9,060,000 | $431,429 | $1,700,000 |
Sledmere Stud, Scone | 16 | $6,885,000 | $430,312 | $850,000 |
Yarraman Park Stud, Scone | 15 | $6,845,000 | $456,333 | $950,000 |
Vinery Stud, Scone | 13 | $6,040,000 | $464,615 | $1,400,000 |
Bhima Thoroughbreds, Scone | 12 | $4,870,000 | $405,833 | $1,400,000 |
Tyreel Stud, Agnes Banks | 10 | $4,610,000 | $461,000 | $2,000,000 |
Vendors by average (3 or more sold)
Torryburn Stud, Torryburn | 6 | $675,000 | $4,050,000 | $1,000,000 |
Cressfield, Scone | 3 | $603,333 | $1,810,000 | $1,500,000 |
Arrowfield Stud, Scone | 58 | $520,259 | $30,175,000 | $2,250,000 |
Widden Stud, Widden Valley | 21 | $492,619 | $10,345,000 | $3,000,000 |
Corumbene Stud, Dunedoo | 3 | $490,000 | $1,470,000 | $850,000 |
Vinery Stud, Scone | 13 | $464,615 | $6,040,000 | $1,400,000 |
Emirates Park Pty Ltd, Murrurundi | 8 | $464,375 | $3,715,000 | $1,000,000 |
Tyreel Stud, Agnes Banks | 10 | $461,000 | $4,610,000 | $2,000,000 |
Yarraman Park Stud, Scone | 15 | $456,333 | $6,845,000 | $950,000 |
Rosemont Stud, Gnarwarre, Vic | 4 | $447,500 | $1,790,000 | $850,000 |
Sires by aggregate
I Am Invincible | 31 | $22,500,000 | $725,806 | $2,000,000 |
Zoustar | 34 | $19,925,000 | $586,029 | $3,000,000 |
Snitzel | 24 | $17,225,000 | $717,708 | $2,250,000 |
Dundeel | 27 | $10,125,000 | $375,000 | $1,700,000 |
Fastnet Rock | 14 | $6,965,000 | $497,500 | $1,000,000 |
The Autumn Sun | 22 | $6,945,000 | $315,682 | $750,000 |
Written Tycoon | 15 | $6,755,000 | $450,333 | $1,400,000 |
Justify | 17 | $5,755,000 | $338,529 | $1,000,000 |
Not A Single Doubt | 8 | $5,100,000 | $637,500 | $1,250,000 |
Pierro | 20 | $4,855,000 | $242,750 | $675,000 |
Sires by average (3 or more sold)
I Am Invincible | 31 | $725,806 | $22,500,000 | $2,000,000 |
Snitzel | 24 | $717,708 | $17,225,000 | $2,250,000 |
Not A Single Doubt | 8 | $637,500 | $5,100,000 | $1,250,000 |
Zoustar | 34 | $586,029 | $19,925,000 | $3,000,000 |
Toronado | 3 | $510,000 | $1,530,000 | $850,000 |
Fastnet Rock | 14 | $497,500 | $6,965,000 | $1,000,000 |
Russian Revolution | 3 | $490,000 | $1,470,000 | $850,000 |
Written Tycoon | 15 | $450,333 | $6,755,000 | $1,400,000 |
Dundeel | 27 | $375,000 | $10,125,000 | $1,700,000 |
Per Incanto | 3 | $373,333 | $1,120,000 | $560,000 |