A “breathtaking” renewal of the Tattersalls October Yearling Sale concluded Oct. 18 with the important thing market metrics having reached unprecedented highs.
Maybe probably the most eye-catching statistic was the mixed turnover generated by Books 1-4. Combination gross sales rose by 29% year-on-year to hit 204,561,700 guineas (US$280,249,529, 1 guinea=US$1.37), the primary time the 200-million mark has been damaged within the public sale’s historical past.
The typical worth throughout the eight periods was 144,465 guineas (US$197,917), a rise of 39% in comparison with 2023 and a 15% achieve on the earlier excessive set in 2022. The median was up 12 factors in opposition to 12 months in the past, equaling the benchmark of 58,000 guineas (US$79,460) first posted in 2022.
These spectacular returns had been achieved regardless of a considerably smaller providing. The catalog was trimmed by 237 tons (down 11%) in comparison with final yr, and in flip 1,654 yearlings, 208 lower than in 2023, got here underneath the hammer.
Of these, 1,416 discovered a purchaser for a rock-solid clearance price of 86%, which was a noticeable enchancment on the 82% recorded the earlier yr.
The market was topped by the Frankel filly out of Royal Ascot winner Aljazzi , who, at 4.4 million guineas (US$6,028,000), was the most costly recruit amongst Amo Racing’s exceptional haul.
On the finish of promoting Friday, Tattersalls chairman Edmond Mahony mentioned in his postsales handle: “I believe that the 2024 Tattersalls October Yearling Sale might be remembered for a really very long time. From the second the consumers started to descend on Park Paddocks upfront of E-book 1 it felt as if one thing out of the atypical was starting to unfold, however nonetheless, not even probably the most incurable optimist would have predicted that in a interval of two weeks greater than 200 million guineas can be spent on yearlings at Tattersalls.
“The sustained demand has been breathtaking and the truth that information continued to fall all through Books 1, 2, and three of the October Yearling Sale has, within the present local weather, been a really fine addition for the broader European bloodstock business. Amongst the quite a few extraordinary figures maybe probably the most exceptional statistic is that after an unprecedented E-book 1 clearance price of 88%, E-book 2 produced three consecutive periods which achieved clearance charges of 90% or increased and day 1 of E-book 3 had a clearance price of 88%.
“Solely yearling gross sales of the very highest high quality produce such spectacular returns and we should pay tribute to the breeders and consignors from Britain, Eire, and additional afield whose constant assist of the Tattersalls October Yearling Sale brings the consumers to Park Paddocks and Newmarket in such large numbers yr after yr, and greater than ever in 2024.
“Not each sector of the market has been as strong as we might all like, however the urge for food for high quality yearlings has been really international and it has been significantly rewarding to have welcomed so many new consumers from all around the world in the middle of the previous two weeks alongside these whose assist has lengthy been a function of so many gross sales at Tattersalls. Between all of them they’ve demonstrated not solely the enduring worldwide attraction of the game of horse racing, but additionally that Tattersalls in October stays unrivalled as a supply of the best yearlings to be present in Europe.”
