UP, UP and away (hopefully to the winners’ circle) is the best way to describe the results of last weekend’s Ladbrokes Australian Pacing Gold Sale in Brisbane.
With a tremendous depth in quality yearlings on offer, the sale’s average increased, gross turnover is up and interstate interest was at a level never seen before!
The lots averaged $18,593 which represents an increase of eight per cent on the previous year, while gross turnover is up four per cent on 2018 – a figure which is set to rise during the coming fortnight as buyers purchase some of the lots which were passed in.
New South Wales buyers were the most active with more than half the sold lots heading south.
Prominent horseman Tim Butt purchased the top priced colt and filly for a combined total of $91,000.
Butt parted with $55,000 for a son of Captaintreacherous and Forever Gold and $36,000 for Roll With Joe and Save Me Christian’s daughter.
“The most pleasing aspect of Sunday’s Sale was our ability to attract interstate buyers,” APG General Manager David Boydell said.
“They were all keen to take advantage of the additional earning opportunities available to Brisbane Sale horses courtesy of APG’s $100,000 Albion Park Sales Race and the outstanding QBred For Life bonus scheme.
“Over 50 per cent of all sales were to New South Wales buyers, headed by the likes of Tim Butt, Robbie Morris, Josh Farrugia, Chris Frisby and Tumby Park, whilst Matt Craven was also active, purchasing one and missing out on a couple of others.
“Overall, it was a really positive start to the sales season. There was good money available for quality horses, and this was reflected in both our sales averages and our gross turnover.
“Looking forward to next year, we would like to look at ways to generate more buying activity from local owners and trainers, and we probably also need to work through a few issues with the reserves, because there were a few horses this year that had reserves on them that were higher than I’d like to see and which would have exceeded many buyers expectations.”
A list of results, including a list of those passed and their reserves, is available on the APG website by clicking here
Anyone wishing to place an offer on a passed in Lot can do so by clicking on the “Make An Offer” link on the results page, or by phoning John Coffey on 0418 500 211.
APG Media