Inglis Bloodstock have confirmed that the 2020 Australian Easter Yearling Sale will not go ahead as a live auction and instead be staged in an online format.
The development follows Tuesday night's press conference held by Australian Prime Minister, Scott Morrison, in which he issued an edict that no auctions are to be staged anywhere in the country after midnight Wednesday, March 25.
In a posting on the Auction House's website, Inglis stated: “In light of Prime Minister Scott Morrison’s most recent announcements and further restrictions made last night regarding the COVID-19 situation, Inglis is currently re-evaluating the timing and format of its sales schedule for the remainder of 2020.
“The Easter Yearling Sale will not proceed as a live auction but will instead proceed in an online format, the details of which will be confirmed today.
“Inglis will issue a further update by close of business today, Wednesday March 25, which will include confirmation on how each scheduled sale of 2020 will operate.”
The message concluded: “The bloodstock team has understandably been fielding a huge volume of enquiries so we appreciate everybody’s patience and understanding at this time.”