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Breeding Dreams with Richard Haynes

The breeding barn and the sales ring bring an aura of hope and uncertainty that attracts so many to the sport of racing. SKY Racing expert commentator RICHARD HAYNES is across all the movements within the industry that is the backbone of thoroughbred racing.

INGLIS ONLINE TO KEEP SMASHING RECORDS

LET me take you back to the year 2000.

The Sydney Olympics came to town, Danehill won the fifth of his nine General Sires titles (what a freak), and a mixed bloodstock sale every few months was the way to sell your slow racehorse or mare that you’d given too many chances.

Fast forward 21 years and a world-wide virus could derail the next Olympic Games, Danehill’s influence lives on in the winner’s circle daily, and online is the way to sell that slow racehorse or ‘dud’ mare.

Gone are the days of filling out an entry form, posting it to Newmarket, having an Inglis staff member ring and say, ‘’You’ve didn’t give us the brands’’, and floating the horse to the sale to be offered (and then home again if passed in).

In 2017, Inglis Digital was launched. The idea was to enter your bloodstock into and online auction and get them sold. And what an amazing business it has evolved in to for the William Inglis & Sons auction house.

Sure, there will always be that limited animal or mare that a breeder has lost patience with, that finds it’s way into these sales, but as the popularity of this style of selling has grown, so has the quality of bloodstock changing hands.

The 2018 Inglis Digital sales saw a gross of $12,987,133, showing sellers weren’t adverse to the concept. In 2019, the gross leapt to $22,995,583 as more people realised this was a competitive place to offer bloodstock. 2020 was the breakout year, with gross receipts of $52,082,599, showing that this now wasn’t a place where vendors dumped their worst stock, but offered quality bloodstock of all types, that major farms/breeders/racehorse trainers around the country wanted in their paddocks and stables.

Sales are twice monthly, that’s been the case since August 2019, and this year to date $28,759,633 worth of bloodstock sales have been online with Inglis Digital. The forecast is $35,000,000 at the end of June, and on track to nudge the $70,000,000 by years’ end.

Nick Melmeth is Inglis Digital Business Manager: “We are having another fantastic year with the Digital platform and the quality of stock on offer is consistently at a very high level now.’’

“It’s evident that both vendors and buyers have real confidence in the platform and it is reflected in the results.

“Every catalogue now, and we have two sales per month, the stock on offer be it a race filly, a broodmare – many offered in foal to some of Australia’s leading stallions – weanlings, yearlings or tried horses etc is outstanding and merits attention from any investor who is serious about buying quality stock,’’ Melmeth added.

“As of June 1, the platform has produced the winners of close to 900 races in Australia this year alone, which is quite extraordinary and something we take great pride and enjoyment from, knowing our clients are enjoying success all around the country with Inglis Digital graduates.’’

Check out the latest TAB markets here.

SIRE ON FIRE

JUST when it looked like CAPITALIST had the First Crop Sires title wrapped up, his Newgate Farm barn mate EXTREME CHOICE has had other ideas.

Already the sire of this seasons Longines Golden Slipper winner STAY INSIDE, TIGER OF MALAY showed his class by proving too good in the BRC Sires Produce Stakes at G2 level. The win took this young sires’ progeny earnings to $3,285,085, putting him about $160,000 ahead of his main rival with under two months of the season remaining.

Four individual winners, three of them stakes winner’s, is good work from Extreme Choice.

Check out the latest TAB Futures markets here.

THE BIG GUN

AS a $2,300,000 Inglis Easter yearling, and MERCHANT NAVY’s little brother, expectation has always been high with SETANTA (FASTNET ROCK).

After Melbourne and Sydney preparations as a 2yo and Autumn 3yo, connections made the decision to send him north to the Tony Gollan stable, and it’s proven to be a smart move. Kept on the fresh side, SETANTA produced a booming finish to claim victory in the Listed Queensland Day Stakes at big odds.

There may well be bigger wins in store for this ever-improving colt, but a Listed win ensures there will be a stud looking for his services when his racing days are over.

THE BATTLER

WITH a terrific second in the Listed Denise’s Joy at her previous start, MAJESTIC SHOT (SHOOTING TO WIN) had probably done more than enough for the preparation, but trainer Grant Allard decided to roll the dice again and it reaped winning rewards.

This $11,000 Inglis Classic purchase for Grand Syndicates went straight to the front and kept going for a top win. From a Goulburn Class 2 to a Rosehill Saturday winner this time in, and now a winner of five races from seven starts, she goes for spell with $182,340 for her lucky connections.

MAJESTIC SHOT hails back to a fast old Woodlands family, her grand dam the smart stakes winner GREETING.

THE CRYSTAL BALL

A THREE-quarter brother to the outstanding racehorse and now sire PIERRO, LOCH EAGLE (LONHRO) holds a couple of nominations this week and I'll be keen to see where Kris Lees decides to debut him. A $230,000 Magic Millions yearling, he has been a work in progress, but going on his most recent trial he’s every chance of making a winning debut.

If his colours look familiar, this is the trans-Tasman syndicate who race the talented MIDLAND amongst others.

Richard Haynes is the host of Racing HQ on Sky Sports Radio, Saturdays 6.30-11am and is an integral part of Sky Thoroughbred Central’s on-course and studio hosting duties. Richard also features weekly on News Central (Wednesday’s - Ch528).

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