No Commission on Chairman's Sale

Media Release - Sunday January 5

The 2020 Inglis Weanling and Breeding Stock Sales will follow the same structure as the successful 2019 editions, highlighted by a 0% sales commission for The Chairman’s Sale.

Vendors and owners of Australasia’s leading broodmares and race fillies will again benefit from no sales commission being charged on the sale of race fillies and broodmares offered through The Chairman’s Sale.

There will also be no commission charged on the balance over $100,000 for any weanling, race filly or broodmare offered through the Australian Broodmare & Weanling Sale, as well as the Great Southern Sale.

The announcements come off the back of the 2019 Chairman’s Sale – which was also held under a 0% sales commission structure – being the most successful of its kind in Australasia.

Not only did it achieve the highest average ($422,455) and clearance rate (93%), it also produced the most expensive pregnant mare to sell at public auction in the southern hemisphere in 2019 in Maastricht, who sold to Coolmore and James Bester Bloodstock for $2,250,000, having been offered through the Newgate Consignment on behalf of owners Ananda Krishnan and Alan Bell.

She was one of two mares to sell for $2,000,000 or more at The Chairman’s Sale, with Tom Magnier purchasing multiple G1 winner Srikandi from the Kitchwin Hills draft for $2m.

Inglis also sold the most expensive southern hemisphere weanling in 2019, with an I Am Invincible filly out of Srikandi selling to Andrew Williams Bloodstock for $600,000 from the Kitchwin Hills draft at the Australian Broodmare and Weanling Sale.

The 2020 Chairman’s Sale will be held on Friday evening, May 8 at Riverside Stables and will again be restricted to a select catalogue.

Such was the success of the 2019 Chairman’s Sale, leading industry participants were generous in their praise, providing feedback such as:

*“I wish I’d had more mares there. We had four mares in and three of them made way overs on what we thought. I’ve never seen an active market like it.’’ Segenhoe Stud’s Peter O’Brien

*“Every single mare we put to the market sold for above the reserve and the competition on most mares, there were three or more buying groups on them.’’ Newgate Farm’s Henry Field

*“As a vendor we exceeded our expectations and as a buyer, there was a great selection of mares on offer. Good atmosphere, good vibe, the top end of the market especially was as strong as we’ve seen anywhere.’’ Aquis Farm’s Shane McGrath

*“It had a special feel that I’d never felt at a sale before, at least not in Australia.’’ Alan Bell

Advertisement

*“I bought plenty of nice mares and would love to have bought more, but the market was so strong that I was outbid quite a few times.’’ Yulong Investments’ Yuesheng Zhang.

Inglis’ General Manager of Bloodstock Sales and Marketing Sebastian Hutch believes the sales structure would further enhance the quality and depth of the weanling and breeding stock sales.

“We were absolutely determined to run a very successful Chairman’s Sale in 2019 and thanks to amazing support from firstly our vendors and secondarily our buyers, it worked out well,’’ Hutch said.

“We want to build on the momentum from 2019 in 2020 to ensure that The Chairman’s Sale – as well as the accompanying Australian Broodmare and Weanling Sale – is again a success.

“The level of interest from people looking to be a part of The Chairman’s Sale in 2020 has been striking, but we want to maintain the boutique feel to it and will be conscious of this when considering entries.’’

Entry forms for the respective sales will be released shortly. For more information, please contact a member of the Inglis Bloodstock Team.

SALE DATES

Wednesday May 6 – Day 1 of Australian Broodmare & Weanling Sale (weanlings offered)

Thursday May 7 – Day 2 of Australian Broodmare & Weanling Sale (weanlings offered)

Friday, May 8 – The Chairman’s Sale (Evening Session)

Sunday May 10 – Day 3 of Australian Broodmare & Weanling Sale (breeding stock offered)

Monday May 11 – Day 4 of Australian Broodmare & Weanling Sale (Breeding stock offered)

 
Advertisment
More Reading...
Pride of Jenni Too Good for Treasurethe Moment in G2 Feehan
Pride of Jenni might be an eight year-old mare that is drawing ever closer to the end of her glorious career, but there was a sparkle in her eye before the Group II MVRC Feehan Stakes (1600m) and it was the Jenni of old that ran her rivals ragged at Moonee Valley on Friday night.
Ardrossan Filly Wins First Kiwi Juvenile Race of New Season
Otaki horseman Johno Benner has a good association with the Karaka Millions, and he could have another serious contender on his hands for January’s showpiece.
Wootton Bassett Colt Wins G2 Stutt Stakes
The racing and breeding world was shocked earlier this week by the passing of champion sire Wootton Bassett (GB), whose talented son West of Swindon picked the right race in which to break his maiden when scoring a bold front running victory in the $300,000 Group II MVRC Stutt Stakes (1600m) at Moonee Valley on Friday night.
Deserving Stakes Success For Splash Back (Fr)
Unlucky not to already has a stakes victory on her resume, the Grahame Begg trained French-bred Le Havre mare Splash Back (Fr) broke through on Friday night at Moonee Valley, winning the $300,000 Group 2 MVRC Stock Stakes (1500m).
La Dorada Chasing Redemption at Valley
Last season’s champion NZ two-year-old La Dorada will be out to prove her ability against her Australian counterparts on Friday night when she contests the Gr.3 Scarborough Stakes (1200m) at The Valley.
Expensive I Am Invincible Mare Wins G1 Manikato
The highest priced filly at the 2022 Magic Millions Yearling Sale when selling for $1.55million, I Am Invincible filly Charm Stone has been a star from day one and is now a two time Group I winner after landing her second victory at the top level with a dominant win in the $2million MVRC Manikato Stakes (1200m) at Moonee Valley on Friday night.
€1.9million Sale-Topping Colt Wins G3 Somerville Stakes
The Group III Somerville Stakes (7f) was run at Newmarket overnight with the Godolphin blue carried by exciting Night of Thunder colt Distant Storm, who they purchased for a sale-topping €1.9million at the Arqana May Breeze Up Sale earlier this year.
Manhattan Rain Gold Rush in WA
Geisel Park won’t be the only WA breeder on board when the first locally-conceived 2yo crop of its Group 1 sire Manhattan Rain get mobile this season.
30 Runners in Goffs Million!
The stage is set for Europe’s richest two-year-old race, the Goffs Million (7f), which has attracted a maximum field of 30 runners at the Curragh this Saturday and the €1 million contest, with prize money down to 10th, is only open to graduates of last year’s Goffs Orby Sale.
Sires With Winners - Friday September 26
Here is the full list of 60 stallions which had winners throughout Australasia today with winners and result details.