A Snitzel colt, the second most expensive to be ever sold in Victoria, highlighted the close of the main sessions of the Inglis Premier Yearling sale today.
The colt, sold as lot 474 from Blue Gum Farm’s draft, made $700,000 to the bid of bloodstock agent Justin Bahen, acting for Hong Kong-based assistant horse trainer Little Hung.
“When Mr Hung and I first came onto the complex we knew he was the colt we wanted, he was at the top of our list," Bahen said.
“We viewed him half a dozen times. He was full of energy throughout the sale and had a consistent attitude. We spent enough time to make sure he was the right horse for us.
“He will spell for about a month at Booralite Park to get over the sale,” Bahen added. "The aim is to get him going for a couple of races around this time next year.”
The sale-topping colt was sold through the draft of Blue Gum Farm as agent for Neville Duncan’s Western Australian-based Oakland Park Stud, breeders of the champion Northerly. He is a half-brother to Peter Moody’s exciting Hi World and emerging Western Australian star Lite'n In My Veins.
The colt was the clear stand-out on day three but merely consolidated another upward spiral in Premier growth and the Victorian breeding industry’s rise.
With a clearance rate at 87 per cent, the average reached $111,000 (up 14 per cent on last year’s record $95,886) and the gross is up 1...