Sales Introduction

In Australia the most important sales are of yearlings, when horses are around 14 to 22 months old. This is the opportunity for racehorse owners and trainers to buy what they hope will become future champions.Australian thoroughbreds are also sold at weanling sales, breeze up sales (2YO’s who are ready to race), mixed, broodmare and dispersal sales throughout the year, or by private sale. There are two auction companies in Australia who organise and run Australia’s major sales. Catalogues provide a preview of lots and conditions of sale, and can be obtained by contacting the sales companies direct.
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Overview of Sales Companies

For more than a century William Inlgis & Son has been selling horses at its Newmarket saleyards just up the hill from Randwick racecourse.And for most of those 100 years, Inglis sold most of the best horses in Australia. While they no longer have the top end of the market to themselves, Inglis still runs the oldest and, in terms of the number of champions sold over the years, most successful yearling sale in the business. The Inglis Easter Yearling Sale is an institution at home and, like the Magic Millions Gold Coast Sale, an increasingly important event for foreign buyers. The Newmarket complex hosts the Easter and Classic Sales, while Oaklands, the Inglis Victorian base, stages the Premier and Autumn Yearling Sales, with both conducting a number of other yearling and mixed sale throughout the year. Inglis is to move to a new site at Warwick Farm racecourse with sales to commence at the new premises in 2019. Inglis’ Oaklands complex is adjacent to Melbourne’s Tullamarine airport approximately 30km north of the Melbourne CBD. The success of the Super VOBIS Scheme in Victoria (Owner and Breeder Incentive Scheme) has contributed to the depth of the racing industry and has added greatly to the appeal of Victorian bred horses sold at Oaklands. Further information on Inglis can be obtained from their website here. (link to www.inglis.com.au)
With more than 6,000 wins by its sale graduates around the globe each racing season, Magic Millions hold a proud tradition of having sold nine of the last twelve winners of the world’s richest race for two-year-olds, the $3.5 million Group 1 Golden Slipper sold at auction as yearlings.Over 25 sales are held annually by Magic Millions, with sales conducted at the Gold Coast, Adelaide, Perth and Launceston. The flagship yearling sale held at the Gold Coast in January attracts both national and international buyers for the fun and excitement of the Carnival and the serious business of selecting a champion racehorse. The National Broodmare, Weanling, Yearling & Racehorse Sale held during late May/early June has evolved into the southern hemisphere’s largest breeding stock sale, and a must attend event for breeders worldwide with bloodstock suitable for all levels of investment. Complementing the Magic Millions Yearling Sale Series, the Magic Millions Race Series offers $11.29 million in prizemoney annually - the world’s richest sales based incentive race series for graduates of Magic Millions yearling sales. The series is made up of races programmed across six states of Australia, giving every yearling buyer the opportunity to nominate and be in the race for exclusive prizemoney and a memorable day at the track. The Magic Millions Race Series now features Australia’s richest race day, with the Gold Coast offering $10 million in prizemoney over nine races.

Sales Results and Averages

SaleDateGrossAverageTop Price
MM Gold Coast (Sess 1 & 2)6-12 January 2016$129,432,000$154,086$1,600,000
Inglis Melbourne (Sess 1 & 2)28 Feb- 2 March 2016$58,111,000$78,350$7000,000
Inglis Easter (Sess 1 & 2)5,6,7 April 2016$185,948,000$247,747$2,300,000
MM National Weanling Sale29 May 2016$17,551,000$55,541$400,000
MM National Broodmare Sale1 June 2016$74,986,250$119,786$3,400,000
Inglis Australian Weanlings1 May 2016$4,791,000$29,393$160,000
Inglis Australian Broodmares3-6 May 2015$27,431,000$59,246$780,000
MM 2YO13 October 2015$8,644,000$58,803$300,000
Inglis 2YO6 October 2015$5,949,000$69,174$540,000
2016 Yearlings (All Sales)
*The median price for all yearlings in 2014 was $35,000.

Sales Dates

Major yearling sale dates
SaleDate*CompanyLocation
Gold Coast Yearling Sale11 - 17 January 2017Magic MillionsGold Coast, QLD
Summer Thoroughbred Sale17 February 2017InglisNewmarket, NSW
Sydney Classic Yearling Sale11 - 13 February 2017InglisNewmarket, NSW
Perth Yearling Sale20 - 21 February 2017Magic MillionsPerth, WA
Tasmanian Yearling Sale16 February 2017Magic MillionsLaunceston, TAS
Melbourne Premier Yearling Sale26 - 28 Feb & 1 MarchInglisOaklands, VIC
Adelaide Yearling Sale13 - 15 March 2017Magic MillionsAdelaide, SA
March Thoroughbred Sale17 March 2017InglisOaklands, VIC
Gold Coast March Yearling Sale20 - 21 March 2017Magic MillionsGold Coast, QLD
Australian Easter Yearling Sale4 - 6 April 2017InglisNewmarket, NSW

Buyer Incentive Program

Both Magic Millions and Inglis operate a Buyer Incentive Program to support the attendance of domestic and international buyers at their sales.

These programs are designed to reward buyers who attend and buy at the sales based on the region travelled from, level of spend and settlement of purchases.

To discuss your eligibility to participate in the Inglis or Magic Millions Buyer Incentive Program, please contact the sales companies directly.

Bloodstock Agents/Private Sales

Buying a horse can be a daunting proposition, but it is one that can be made with expert help. Bloodstock agents are an integral, regulated part of the industry and are available to assist either at a sale or in purchasing a horse privately, giving mating advice, bloodstock valuations, insurance and shipping advice. While there can be no guarantees in selecting and buying a horse, registered bloodstock agents know what they’re looking at and know the procedures. The Federation of Bloodstock Agents Australia Ltd (FBAA) was formed in 1988 to maintain, improve and develop the standards, status and services of bloodstock agents throughout Australia and to present and promote the views of its members. There are currently 26 accredited members, each bound by the Federation's code of ethics and is held to account through a complaints system which gives further assurance of integrity and professionalism. A list of the members of the FBBA can be viewed here.

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