“KISS OF DEATH”
Yearlings $800k and over at the Inglis Easter sale:
PDF of full data on the website:
https://t.co/k9gLlLVFDS
Audio clip of this mornings interview with @m_felgate - “THE VERDICT” in the comments section:
Here is some “eye watering” data on INGLIS EASTER [considered the doyen of class horses at Australian Yearling sales].
Very clear summary of the previous 4 years Inglis sales:
2024 [now 3yo]
2023 [now 4yo]
2022 [now 5yo]
2021 [now 6yo]
Of the 155 collective horses sold “over $800k” - only 10 earned race revenue higher than their puchase price ➡️ 4 of these 10 earnings were in Hong Kong.
131 of these 155 horses have not earned above 25% of their purchase cost and more damning is 104 of the 155 have not earned more than 10% of their purchase cost.
Current 3yo’s [sale of 24’] - Zero horses of 30, or 100% have earned less than 25% of their purchase cost. - these are now 3yo’s and beeen through their two years of opportunity to earn $’s in over priced races.
I do not summarise the 2yo crop [25’ sale - not shown in report], until,the end of the racing year in July….. however:
I can advise you there were 30 yearlings sold over $800k on 25’ and of these, only 1 x 2yo has earned black type status being Hidrix [cost $1.7 million, earned $215k so far].
Further damning on the preponderant buyers that swagger around the sales ring thinking they are the industry icons - paying “highest dollars - presumably with a view to achieve big $ returns in 2yo races - “read this”
10 yearlings [now 2yo] sold over $1.5million each at the 25’ Inglis Easter sale - 9 of them have not started in a race !!!!
The aforementioned Hidrix is the only one of the top 10 [sorted by dollars] to have a race start.
@mmsnippets
Yearling Prices of winners today
R1 Melanite $140k
R2 Sir Carter $100k
R3 Toorak Jewel $36k
R4 Snitzanova $200k
R5 Poster Girl $160k
R6 Axius $200k
R7 Unit Five $80k
R8 Torque To Be Sure $260k
R9 King Of Roseau $95k
R10 Hawker Hall $150k
Average $142k 🤯
1/2
Bought a gin and tonic at the races today $18.50 you could swing a cat around and not hit anyone why would they charge prices like that for the few that turn up @aus_turf_club