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10.
Bargain Buys Yield Big Dividends for Bede
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03/04/2002 |
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Although the glamorous million-dollar yearlings create headlines at the William Inglis Newmarket sale complex every year, racehorse ownership can be an affordable option for anyone, according to popular trainer Bede Murray.
Aushorse and William Inglis & Son are conducting an informal seminar for people interested in racehorse ownership, to coincide with the Inglis Sires’ Produce Yearling Sale on Sunday April 7.
Murray is an unabashed fan of the Sires’ Produce Sale, which follows hot on the heels of the elite Inglis Easter Yearling sale, because that is the sale where Group One Sires’ Produce Stakes winner Victory Vein was offered.
Now on target for two-year-old of the year honours, Victory Vein has earned $1,170,055 with seven wins and two placings from 10 starts, including wins such as the Group Two Silver Slipper, Sweet Embrace and Magic Night Stakes before she was beaten a long head by Calaway Gal in the Golden Slipper. Of course, the talented filly avenged that defeat with a decisive win over Choisir – himself a $55,000 purchase – in the AJC Sires Produce Stakes on Monday.
“I’ve bought mainly cheaper horses at Inglis sales – Cutabove cost $10,000 and she won the Inglis Classic, Universal Prince cost $80,000, Recruiting cost $15,000 and Half Hennessy cost $65,000,” he said.
Together, those horses have returned more than $5 million prize money.
“Universal Prince really wasn’t a particularly cheap horse at the time, but now he seems very cheap given the success he has had,” said Murray of the multiple Group One winner whose earnings stand at $2,766,050 to date.
Snippets filly Cutabove won the 1999 Inglis Classic, while Half Hennessy won the Group Three Illawarra Classic (1200m). Half Hennessy and Celtic Swing colt Recruiting, who won the Inglis Premier race at Flemington, filled the placings in last Saturday’s Heroic championship behind the Lee Freedman trained Pillaging, a $45,000 Classic sale graduate.
“Even at our Easter sale, which is recognized as the premiere sale in the southern hemisphere, there is tremendous value – anyone can buy a horse. Last year, 187 yearlings fetched $100,000 or less at Easter, and that is a very realistic figure for a quality horse,” commented Inglis managing director Reg Inglis.
Murray’s recent results demonstrate that yearling purchases need not be especially expensive to yield results at the top level, and plenty of fun along the way.
That’s the theme of Sunday’s ownership seminar.
Participants will meet at the Inglis complex at Newmarket at 9.30am where they’ll hear a brief talk from prominent speakers representing different facets of the industry
The group will then tour the complex, have the opportunity to inspect yearlings with expert guidance, and to meet breeders before refreshments. Participants are then welcome to stay and watch the second Sires’ Produce sale!
Call Aushorse on 9590 9790 for more information, or register at www.racenet.com.au.
Aushorse Release
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