Inglis confirms Classic sale with smaller catalogue of 808 horses
Sebastian Hutch believes Inglis’ decision to cut its Classic edition back to four sessions over three days and the offering of an 808-lot
catalogue next year will pay dividends for the company’s first yearling sale of 2020.
The auction house has condensed the format of next year’s Classic sale by dumping
the Saturday night session while bringing the Highway Session forward by two days and
offering 200 fewer horses.
Buyers will be presented with yearlings by 103 different stallions and relations to 74 stakes winners
as well as progeny out of 74 stakes-winning mares.
Meanwhile, the catalogue also includes progeny by the country’s leading stallions and 31 first season
sires having progeny showcased at Riverside Stables in February.
Hutch, Inglis’ general manager of bloodstock sales and marketing, admitted that it had been a tricky process to compile the catalogue given there were significantly more entries for the sale than spots available.
But he is confident that shortening the sale is the right decision.
“We are very conscious of being able to uphold a high standard of service to our patrons, whether it is through the inspection period or once the catalogue is finalised and through the sales period and the sales themselves,” Hutch told ANZ Bloodstock News.
“We felt on the back of the Classic sale (this year) where the raw figures are entirely satisfactory, we felt that 1000 horses was difficult to service on a number of levels, so we made the decision to bring it
back to 800.
“That decision was made through extensive consultation with vendors and buyers, so we are really just doing what people are asking us to do, but doing so brings with it a certain amount of pressure.“We have got to get it right, but we are optimistic with the catalogue that we have been able to put together through the support we have received from the vendors.”The release of Inglis’ catalogue for the first of its three major 2020 yearling sale follows last week’s announcement of rival Magic Millions’ Gold Coast January line-up.
After opening the Classic Sale with a Saturday night Riverside Stables auction following Inglis race day at Warwick Farm, Hutch confirmed that the session had been scrapped.
After a booming start in 2017, this year’s night session ran into problems due to the tight gap between the last Sydney race and the 6pm sale start.
Despite inquiries, there was little Inglis could do in terms of getting authorities such as Racing NSW, the Australian Turf Club and Tabcorp to have the Warwick Farm race meeting finish earlier and sacrifice a
potential prime betting turnover period.
Hutch said Inglis has instead decided to begin with a ‘more traditional’ Sunday morning Book 1 opening session with 270 yearlings catalogued.
“The feedback from buyers and vendors so far has been pretty positive. We are in a labour-intensive industry, so we are trying to facilitate the working hours of the people associated with managing the horses,” he said.
“The night session finished very late on the Saturday and people are
expected to be back early on Sunday morning.
“All things considered, we have put together a structure that we feel is
most conducive to our vendors and in a format that we feel will appeal to
people looking to buy horses.
“Selling 800 horses over three days is a significant number, but it is not
anything that isn’t done anywhere else but it is a big volume of horses by
traditional Inglis standards.