LOT 391 Winx's fillyEast Coast Racing

jum

Just went for $10Million.  <:-P

Some people just have too much money

DamienWyer

A lot of it from the weekend...................

thefalcon

they must have a snout on their dough...do they not investigate the appalling records in the barn of great race mares. i doubt if you could get a group race out of the scores of them.

a lot from the weekend..the derby winners, damien? mrs. kepitis nee ingham forgetting winx, would be worth a squillion.

DamienWyer

thefalcon said:

they must have a snout on their dough...do they not investigate the appalling records in the barn of great race mares. i doubt if you could get a group race out of the scores of them.

a lot from the weekend..the derby winners, damien? mrs. kepitis nee ingham forgetting winx, would be worth a squillion.

Aware of that. Jack or Bob would have left them a portion of the vast estate, but they look to be making a few good breeding/selection decisions.

Saturday's money plus 25% of the nett would have gone a long way. It seems like the American guy was not kidding that he had $9M to spend.

savethegame

Lovely little bit work Inglis and Coolmore holding hands . Knowing she was prepared to go 10 million.----So was written in every paper the Yank was going to 9 million (who declares there hand like that unless your a party to the game plan) so at 6.5% Plus gst. for inglis and of cause Coolmore get percentage of the sale price in condition of contract preparing yearlings for outside clients for sales.

tony

While still a lot of money Debbie owned a third of the filly prior to the sale.

thefalcon

^ how come tony? what about the other co-owners of the mare?

spinking

of all the lots sold up till lot 486  only 7 under the $1000,000 mark. Jum your was passed in at $700,000. The good news is though you can make an offer

tony

One of the owners passed away and the decision was made to put the filly up for sale meanung each received a third of the proceeds

Incidentally no surprise trhat the filly will be trained by Waller

thefalcon

yes, i knew 1 of the owners was very old and frail. would his estate not get his %age?

tony, any idea what debbie's husband does. obviously of greek heritage.

tony

Both the estate and Peter Tighe will get a third of the net proceeds.

Do not know what Paul (her husband) does apart from being part of the bloodstock company with Debbie and children.

savethegame

Anyone know the name of Netflix series ? . the script writers would be happy couple small errors Yank statement today Mission Accomplished.

JayJay

Probably a really dumb question, it is after all my strong suit...but why would someone spend $10 million buying a horse she already owns 33% of? I would imagine commission is around $1 million, so the agent does well, and of the $9 million remaining poor old Deb gets $3 million back, leaving her $7 million down the toilet?

Is this a legitimate sale, does money actually change hands or is it all done to pump up the price of the next foal or what?   Seems a mystery to me. What are the chances of the filly recouping her costs?

I have to say the images of the emotionally overwhelmed new owner wailing like a banshee were mystifying to this viewer. Perhaps he was thinking about the $7 million that just walked out the door?

thefalcon

this is a steam and mirror situation. the whole sale is shrouded in mist. Deb is worth +$300m.

tony

The story is that the other owners wanted to sell the filly and Debbie initially agreed.

However she said that the family (Debbie, husband Paul and daughters) decided in the last few weeks that they wanted the filly and the rest as they say is history.

jum

She has a share in Pierro also i believe.

SLIPPERGOLDEN

I have heard it stated that the immediate offspring of champions do not have great track records so to speak however the next and further down the line are the achievers. Is this an accurate assessment?

tony

There are a few who made it.

Among them

Rose of Kingston  -- Kingston Rule

Horlicks - Brew

Urban Sea _ Galileo Sea The Stars

And currently 

Yankee Rose - Liberty Island

SLIPPERGOLDEN

Thanks for that reply Tony. Some excellent identifications though obviously many more have failed.

On the breeding front many of my vintage may remember a sire called Indian Conquest. As teenagers my best friend and I in the seventies had a successful punting system backing his offspring each way first up

meatpie

tony said:

There are a few who made it.

Among them

Rose of Kingston  -- Kingston Rule

Horlicks - Brew

Urban Sea _ Galileo Sea The Stars

And currently 

Yankee Rose - Liberty Island

Ouija Board - Australia

spinking

Indian conquest Slipper owned by Sheila Gwynne. Who I think is the great grandmother of Patrick Cripps From Carlton

Manchild

Apparently, one of the owners died, that's to reason why it went through the ring.

 The proceeds to go to the estate, as with all foals from Winx.

savethegame

tony said:

The story is that the other owners wanted to sell the filly and Debbie initially agreed.

However she said that the family (Debbie, husband Paul and daughters) decided in the last few weeks that they wanted the filly and the rest as they say is history.

Once the word was out she intended to buy her back and prepared to go to 10 milion. the Yank in the media he was prepared to pay 9 million was part of Coolmore & Inglis to maximise there return. The smartest horse people in the world Coolmore Magniers known as the Irish mafia worth six billion outta horses.

If there wasn't a stool pigeon put in place she would have got the horse for 3-5 million everyone knew her cicumstances, % percent of the yearling Her endeavours 100per cent honest.But will see when a Netflix series starts how things unfolded.

DamienWyer

heard a whisper that this filly may not make it to the track, that is a lot of money to pay for a broodmare when you already own the dam

SLIPPERGOLDEN

Agree. 

Oh to have that amount of money to play with.

Vincent_vega

From rags to riches back to rags. Be hard to blow up the ingham empire tho

savethegame

SLIPPERGOLDEN said:

Thanks for that reply Tony. Some excellent identifications though obviously many more have failed.

On the breeding front many of my vintage may remember a sire called Indian Conquest. As teenagers my best friend and I in the seventies had a successful punting system backing his offspring each way first up

Two sires i remember from that era were Indian Conquest, Martello Towers .as Spinking said Shelia Gwynne stood Indian Conquest and Dot Parry stood Martello Towers at Paringa stud.

My father bred the slowest Martello Towers horse called Flash Towers could push a peanut with your nose quicker then he could run.
Never forget when Volatile son of Indian Conquest had his first start.100 --14 trainer Bernie Sherry rider Norm Coombe

savethegame

Vincent_vega said:

From rags to riches back to rags. Be hard to blow up the ingham empire tho

Nathan Tinkler went from 1mil. To 1 billion in four years , Then the racing crew got him from every angle, Had to have fire sale owed Harvey 45 million bloodstock agents played around the table with his money Gold Coast sale .Race Club sponsorships etc etc. Coolmore & Inglis make sure the more you got the more you pay to play.

Manchild

Nathan Tinkler , Patinack Farm ?

Vincent_vega

savethegame said:

Vincent_vega said:

From rags to riches back to rags. Be hard to blow up the ingham empire tho

Nathan Tinkler went from 1mil. To 1 billion in four years , Then the racing crew got him from every angle, Had to have fire sale owed Harvey 45 million bloodstock agents played around the table with his money Gold Coast sale .Race Club sponsorships etc etc. Coolmore & Inglis make sure the more you got the more you pay to play.

They certainly got him good and proper