Records At Easter Sales
Records were shattered at the Inglis Easter Yearling Sales last week with a turnover of $311 million dollars, rivalling any sale of its kind seen in the world.
When the starting gates sales opened at 11 am the field was away, the big players surged in, there was no place for faint hearts here.
Agents from every corner of the globe, where horse racing is held, were in Sydney to get a slice of the action.
Million dollar yearlings are becoming the regular at the Easter Sales, the first yearling sold for a seven figure sum was Columbia Star in 1998, he realised $1.4 million for his breeder and never raced.
Since Columbia Star was sold, a further 21yearlings have reached the magical million up to 2013, those sold thereafter for a million or more in 2014 and this year, numbering 17 are just two year olds and yearlings, hence they are excluded at this stage.
Results from the 22 yearlings sold between 1998 and 2013 realising $46,025,000 won 38 races, returning for their owners a total of $3,994.040, one lot went to South Africa and another to Japan, they are excluded.
Of the 22 yearlings sold for a seven figure sum three never raced, while Mount Olympus sold for $3 million, failed to win a race in two starts, and the following year L’Heritier sold for $2.1 million, showed a return of $2,000.
The only yearling sold for a seven figure to date was All Too Hard, he realised $1.025 million for his breeder and returned $2.288,000 in stake earnings to his owner.