Everest Diaries 2020 (Vol 4.4)

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CONTENTS YOUR GUIDE TO ISSUE NO.03

05 Fasika Enroute To The Everest Summit: Tricolours: Racing Syndicate principal, James Moss speaks to Everest Diaries about his mare Fasika. The daughter of So You Think (NZ) has won four of her ten starts and is now being touted as the next best choice for an Everest Cup contender.

10 Inglis Backs Gytrash On Journey To Everest Summit: Everest Diaries speaks to Mark Webster, Managing Director at Inglis, one of The Everest Cup’s earliest slot holders about their recently confirmed contender Gytrash.

20 The Breeding Of Classy Everest Contender Classique Legend: Tyreel Stud's co-owner Linda Monds chats to Everest Diaries about their champion graduate Classique Legend who will once again take his place alongside the worlds fastest horses, in the world's richest sprint race - The Everest Cup.

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21 Statistics: Top Owner, Trainer & Jockey


EDITORS NOTE On The Art Of Racing Champions

Mark Webster, the MD at Inglis has gained celebrity status for the work he and his team did over the past few months leading the way for auction companies around the world to conduct digital auctions even for major sales.

This week we also speak to Tyreel's coowner Linda Monds about the champion Classique Legend. He will once again join the fastest horses in the world, at the starting gates as they take their places in the richest race on turf.

Inglis is also one of the leaders in selecting an Everest contender. While many slot holders are still mulling over their choices preferring to wait until the results of the spring campaigns come in to sway their decision making.

And finally, we speak with James Moss about his fantastic mare Fasika, who has proven her mettle time and again. She is being wooed by Everest slot holder and being touted as the next Everest contender. We hope you enjoy reading.

Incidentally, Inglis' nominated contender, Gytrash has announced himself as a serious Everest threat with a Gr.3 Concorde Stakes victory over star sprinter and Everest favourite Nature Strip. The pair met for just the second time at Randwick after the Lightning Stakes at Flemington, Gytrash came out on top. Everest's potential contender, Dirty Work placed a bold third.

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e d va e h S P Pallavi Shevade, Publisher, Everest Diaries


James Moss a finance industry veteran and the Tricolours Racing Syndicate principal speaks to Everest Diaries about his mare Fasika. The daughter of So You Think (NZ)

FASIKA ENROUTE TO THE EVEREST SUMMIT

has won four of her ten starts and is now being touted as the next best choice for an Everest Cup contender. Q: How is Fasika doing currently? And what are your plans for her leading up to the Everest and then post Everest into 2021? A: Fasika is in terrific order, we couldn’t be

happier with her progress this time in. She is much bigger and stronger than the last prep, and we are really confident she has improved. She has already beated home Everest contender Gytrash in a trial. .

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She will head to the Gr.2 Golden Pendant over 1400m on the 26th of September. If she is lucky enough to get an Everest slot, she will hit the race 3rd up, 3 weeks between runs, which are absolutely perfect for her. Post the Everest, she will target all the major sprints, chasing a Gr.1 victory. Q: How did you come to buy Fasika and how much did you buy her for? A: Fasika was purchased from the Inglis Easter

Yearling Sale for A$120,000. She was a stunning yearling. She was purchased from the draft of Middlebrook Lodge and has a lovely pedigree. She is out of a Redoute’s Choice mare, and that cross was certainly very attractive to me. Q: What kind of a horse is she? What are her special quirks? What are the things about her that make you smile? And what are her physical attributes that make him the fore-runner of this sport? A: She is a very straight forward horse. She loves her

job, and she goes about it in a very professional manner. She loves her routine and has the same track rider every single day. She has a little bit of spice in her attitude. She knows that she is a special horse, that’s for sure. Physically, you won't see a more stunning mare than her. She stands over plenty of ground, is very powerful, and she has dapples through the coat on race day. Q: What have been your life-lessons out of the COVID19 situation? And will the work from

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home and digitization concept become more of a permanent feature for you? A: 2020 has all been about being flexible and adapting to change. We have really tried to keep an open mind this year, Most of the time, these things are out of your control, so it's about adapting, staying positive, and looking forward. Q: Who are your (Tricolour Racing's) other racing stable stars? A: Fasika , our oldest horse is only 5. That means the majority of our stable is only young horses who are still learning their craft. We have a huge group of very talented 2YOs and 3YOs, who will be hitting the track shortly.

Our better-performed horses over the years have been multiple Stakes winner Pecans, twice Stakes-placed Miss Moana, and super consistent racehorses like Royal Witness and Threeood. Q: What does Fasika mean? A: Fasika is named after a contestant on the reality TV show “The Voice” from a few years ago. The name also means Easter and happiness, which is very appropriate for our mare.


Q: When you buy horses, what is your process from the time the catalogue is released to the sale. Typically how many horses do you buy annually and what is the price range you like to stick to? A: The process is a long one. For the larger sales, we start with on-farm inspections. Its always nice to see the horse at the farm, as not only can you then judge how much they improve a month out from the sale, but it’s a good way to start building a shortlist. It's difficult to navigate around busy sales complexes, and we have usually seen half the catalogue before we even arrive at the sales. We don’t really have a set number or budget. We are trying to buy the absolute best quality horses we can.

Lovely physical athletes with strong pedigrees, but most importantly, they have to be purchased for the right price. It’s a quality, not a quantity approach for us. 07 | EVEREST DIARIES


Q: What are your aspirations for the stable over the next decade? A: I would like to continue to add horses of the highest quality to the team. We have built an outstanding record in our short history, and that is because we have a process and systems in place that work. We will continue to build over the next few years, hopefully providing more wonderful ownership opportunities for our owners. Q: What would winning The Everest mean to you? A: It would mean the world to me. When Fasika was purchased, Tricolours had no track record at all.

She was the first horse we sent to the races.The ownership group of Fasika placed their faith in me and trusted me enough to enter her ownership group.I’d love to re-pay that faith with an Everest win. Q: And finally, please tell us a bit more about your family and your team? A: My wonderful wife Danielle, and three children Jackson, Toby and Piper are really supportive of

what I am trying to achieve. Their passion for our horses, and Tricolours, is as strong as mine. Tricolours is only a small operation, but we have a wonderful support team in our Vet Dr Chris Lawler, our spelling farm at Jazcom, run by Colin Braithwaite, and our breaker and pre trainer Matt Vella at Glenhaven Racing. And of course, our wonderful trainers. It really is a team effort.

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INGLIS BACKS GYTRASH ON JOURNEY TO EVEREST SUMMIT

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Everest Diaries speaks to Mark Webster, Managing Director at Inglis, one of The Everest Cup’s earliest slot holders about their recently confirmed contender Gytrash. Webster reveals their arduous and diligent selection process. We hear his side of the ‘Digital Sales’ journey where Inglis lead the way as the first auction house to hold an online sale for top-quality yearlings at Easter. Over the years Webster has led the Inglis team through incredible challenges but none were as worrisome as the past few months when they had to navigate their way around the COVID19 lockdown restrictions and the challenges they posed for both men, horses and travel.


Q: You have picked your horse Gytrash for The Everest. What are the qualities that make him the perfect horse for the Inglis slot inaddition to the fact that he is an Inglis Graduate? A: Our Everest selection process was conducted over a four-month period. We monitored the Sydney, Brisbane and Adelaide autumn/winter carnivals and created a shortlist of desired runners.

We then narrowed that shortlist down to three or four horses before asking a couple of respected Sydney form analysts and a rating expert to give us their feedback on our shortlist, and to identify any potential runners we may have missed. That feedback certainly didn’t all lead to one particular horse but everyone felt Gytrash was an up-and-coming star. He’s lightly-raced, already a proven Gr.1 WFA horse having won The Lightning, he has beaten all the major Everest contenders already and probably most importantly for us, he’s raced 19 times and finished in the top three placings on 18 occasions. He simply doesn’t know how to run a bad race. Plus he’s a great story, a A$40,000 Melbourne Premier yearling owned by a large group of small-time owners, primarily in Adelaide, who are on the journey of a lifetime living the dream. Q: Whether it is vendors buyers or bloodstock agents, no one has stopped raving about Inglis' Digital Sales experience, particularly when it came to the Easter Yearling Sale. Could you tell us about your story about how it all unfolded? We can imagine, it probably began as a nightmare and now has become one of Inglis’ biggest success stories? A: COVID has created challenges globally for businesses and individuals that they have never before had to face, and Inglis was no different. 11 | EVEREST DIARIES

The Government-enforced restrictions and lockdowns really became effective shortly after our Melbourne Premier Yearling Sale and a couple of weeks before our flagship sale, the Easter Yearling Sale. There were many immediate challenges – dealing with vendors, dealing with buyers, trying to get a greater understanding of the overall situation and what that situation would look like the following day, let alone the following month.


Things were literally changing every day, gatherings were restricted to 100 people for a few days, then 50 people, then 20 people, then 10 people, then basically zero people. So in the lead-up to Easter, the scenario was literally changing daily, meaning decisions we would make on a Monday would likely be changed by Wednesday and then forced to be changed again by Friday. What really made the difference is that Inglis had been investing in digital capabilities for the past 10 years including ownership of a tech company called Ardex Technology, 12 | EVEREST DIARIES

We had a proven online bidding service and a digital platform so we had two options for running sales without any horses or people present. With significant consultation with our vendors especially, we chose to have a virtual Easter Sale, the world’s first major virtual horse auction. To the great credit of my team, Ardex Technology and the support and backing of our clients, we were able to pull it all together. Our vendors were fantastic in providing highquality vision and photos of all horses to prospective buyers .


Although many buyers, by this stage were not allowed to travel to see any of the yearlings due to border closures and State travel restrictions got the best knowledge of the yearlings ahead of the sale through the information provided by the detailed information provided by the vendors. Our buyers and agents were also fantastic – those who were in NSW and were able to get to the Hunter Valley especially where the majority of the yearlings were located, were open and willing to sharing their notes and information about those yearlings to others who were unable to see them. Most of our international buyers these days have agents based in Australia they can rely on to provide feedback in their absence, and that was a big part of the success of the sale this year. It was amazing to see the entire industry band together in the way they did over those few weeks especially from mid-March to mid-April. Internally, we effectively created our own TV channel in 72 hours which included a host set, commentary, face time interviews and full sale coverage, which allowed us to showcase the sale to the world through our website. The Sale Day Live coverage had more than 300,000 visitors from more than 100 countries over the two days of the Easter Sale. It was quite extraordinary – the world really was watching! We replicated that virtual format for our Chairman’s Sale in early May which was also well received by our clients, and our twicemonthly online sales continue to be popular with consumers. We have sold more horses these past six months during COVID than the same period last year, which tells you there is a significant appetite for online auctions when necessary. That said, I’m still a big believer in a live auction and hopefully, things can return to normal sooner rather than later. 13 | EVEREST DIARIES

Q: Please tell us about your absolute top 3 sales this season? A: Despite multiple significant hurdles to overcome, each of our primary yearling sales has been extremely successful this year. We started with the Classic Yearling Sale in February which was held under the most extreme wind and rain Sydney has see for 50 years. But the weather didn’t seem to have any form of negative impact on results, with a 15% increase in average and a 13% rise in yearlings that sold for A$100,000 or more, with 169 doing so.

The Premier Sale in Melbourne, which we snuck in as a physical sale before the COVID restrictions were enforced, resulted in a 15% overall increase, with the middle and top-end market especially strong. And Easter, held as a virtual auction with no buyers or horses on our sales grounds, was the most remarkable in my 13 years here as Managing Director. Up against a global health pandemic and a financial crisis, we managed to largely hold the Easter average above A$300,000, seeing only a small drop when everyone was expecting a lot worse. It was a very challenging yet very rewarding few weeks.


Q: What are your expectations for this year’s sales and also for the ready-to-run sale which happens at the same time? A: We still have seven Inglis Digital Online Sales to go for the year, plus a physical Ready2Race Sale, being held at Riverside Stables on Tuesday, October 20, three days after The Everest.

The Ready2Race catalogue has unprecedented strength to it this year, particularly in terms of the people preparing the horses – it’s an awesome group of horse people and they know what it is to develop top-class horses because they are doing it regularly. The southern hemisphere breeze upmarket is one that is a legitimate source of Group One racehorses domestically and internationally and as confidence in alist, the market has grown, so has the level of investment, which is reflected in the quality of horses on offer at this year’s sale.

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The catalogue this year is, without doubt, the strongest ever assembled for an Australian 2YO Sale. It features youngsters by the likes of Fastnet Rock, Sebring, Not A Single Doubt, Pierro, Zoustar, Written Tycoon, Deep Field, Vancouver, Lonhro, Nicconi, Dundeel, Hinchinbrook, Brazen Beau, Choisir, Ocean Park and All Too Hard to name just a few, as well as two colts by champion US sire Into Mischief and a filly by top-class French sire Siyouni. First season stallions such as Capit American Pharoah, Shalaa, Extreme Choice, Flying Artie, Frosted, Astern, Sooboog, Star Turn, Maurice, Divine Prophet and Tivacietc are also represented. The Inglis Ready2Race Sale has in recent years achieved the highest winners-torunners ratio of any sale of its kind in Australasia and not only did this year’s GR.1 Doncaster Mile winner Nettoyer come through the sale, since 2014 over 375 individual winners have emerged from it.


Q: What was your experience like with digital sales programs this year? A: Inglis has been a world leader in online auctions & online bidding and that was never more poignant than this year. At the conclusion of our virtual Easter Yearling Sale, I had phone calls and emails & did media interviews with people in America, Europe, New Zealand, Asia, all very complimentary of how the sale went.

Inglis has had online bidding available to buyers for the past 10 years and with our digital platform up and running with our regular monthly sales for the past few years, our foresight and investment in the digital space was absolutely invaluable for us these past six months especially. Our tech company Ardex is already providing services to other auction houses around Australia and are keen to help other auction houses around the world with online bidding and digital auction services. 16 | EVEREST DIARIES

Q: Where do you see the NSW racing industry heading during the Spring Carnival? A: Racing in Australia is in an extremely strong position and is the envy of the rest of the world. Our prizemoney levels are fantastic, our breeding industry is extraordinary and racing was the only major sport in Australia that continued through the COVID lockdowns.

With restrictions easing in most States of Australia now with the unfortunate exception of Victoria who is still doing it tough, crowds – albeit restricted – are allowed back at the races here in Sydney and the spring carnival will be as strong as ever in NSW. I know the ATC is looking at a crowd of possibly up to almost 20,000 for The Everest which would be fantastic if they were able to achieve that. The weather is warming up here in Sydney, the tracks are drying out after a long wet winter and the good horses are back at the races, so it’s a very exciting time.


We also look forward to the first of the 2YOs racing in late September to see how this year’s sale graduates fare early. Q: What are your top 5 choices for Melbourne Cup contenders, given that not many international names are likely to feature in the runner list? A: The Melbourne Cup has really become a race for international horses and I’m not well placed to give you any tips!! The race that really celebrates what we produce here in Australia is the Everest, and I only have eyes for one horse and that is not surprisingly Gytrash. At present, there are three confirmed runners in The Everest for 2020, and I’m delighted to say they are all graduates of an Inglis sale ring. Q: What is your ‘mantra’ for success in the bloodstock industry? A: Honesty, integrity, professionalism, and passion. 17 | EVEREST DIARIES

Q: Was work from home a concept you were accepting of? And what are the life-lessons you could say you’ve learnt as a result of this COVID-19 situation? A: Yes we implemented a work from home plan for staff as needed, with all of our Victorian team members still doing so. Personally, I prefer to see people in the office or out visiting clients, but it was essential during the height of the pandemic to look after the health and safety of my team and also as a risk mitigation strategy for the company to allow us to continue doing business. Covid-19 reminds us to not take anything for granted, do what you can today whilst you can as you may not have the option tomorrow. Travel is a great example of this. Q: When we last spoke you had some retirement plans in place. What are your plans now, especially with the industry and the Australasian economy as a whole in this situation?


A: I’ve tried to retire a couple of times now but I can’t getaway! No in all seriousness, it’s a privilege to be in the position I’m in, in such a wonderful industry and surrounded by so many great colleagues and industry people in general.

Earlier this year I agreed to a three-year contract extension which will see me in the job until at least the end of 2023. There are still things I want to achieve and I feel if I left now there is a too much unfinished business for my liking. . Q: Name your most favourite horse and why? A: Black Caviar has been a standout during my career, her unbeaten record of 25 wins is unrivalled. She was sold through our Melbourne Premier Sale for A$210,000 during my second year with the company. The Australian public just loved her. She is still a household name and her unbeaten record remains intact. 18 | EVEREST DIARIES

She is one of two horses that grace the walls in my office, the other is Takeover Target. He was a gelding sold by Inglis for just A$1250 and went on to win more than A$6m for his part-time trainer Joe Janiakwho spent most of his day working as a taxi driver. Both horses remind me of why I am involved in this industry, dreams can come true at any price point if you have passion.



THE BREEDING OF CLASSY EVEREST CONTENDER CLASSIQUE LEGEND 20 | EVEREST DIARIES

Tyreel Stud owners Linda and Laurence Monds are passionate about breeding top class racehorses. They have been driving their breeding strategy with an individual approach that combines the latest technology and best-practice expertise. Tyreel Stud is renowned boutique agistment, breeding and bloodstock development facility set on more than 100 acres in the beautiful Hawkesbury Valley. Â Everest Diaries speaks to Linda Monds about their quite famous graduate and The Everest Cup (2020) contender Classique Legend, their 2020 Easter Yearling Sale experience, the racetrack successes of their graduates and much more.


The legend goes, Owner Bon Ho’s racing manager Caramel Size identified a yearling out of Not A Single Doubt by the mare Pinocchio from just her second crop when he was presented at the 2017 Inglis Classic Gold Ribband Session.The sale topper was knocked down to Size for A$400,000. Her comments post-sale were that she ‘just had to have him’. Q: Please tell us about the Classique Legend’s interesting breeding and successful sales story. A: Classique Legend was bred for speed.

Pinocchio herself was highly regarded on the racetrack in her short career before an injury ended her future as a racetrack performer. She is well-bred and well related herself being a full sister to Champion performer Racing to Win and a half-sister to Purrealist. The decision to combine Pinocchio’s genetics with Not a Single Doubt was always with the view of producing a fast, strong individual. Classique Legend proved very popular amongst the buying bench at the 2017 Inglis Classic Yearling Sale, with his strength and powerful physique, loose walk and overall presence, he certainly created talk around the sales complex. Q: How is Pinocchio doing? Her last foal sold for A$1.1 million and the buyer was Mr. Bon Ho again. So what do you have for him (and us) out of Pinocchio for next year’s sales? A: Pinocchio had a year off breeding, so in

2019 did not produce a foal. She delivered a beautiful filly on 20th August this year by I Am Invincible. This filly possesses all the great qualities we are looking for with size, strength and the same natural walk of her siblings.

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“The decision to combine Pinocchio’s genetics with Not a Single Doubt was always with the view of producing a fast, strong individual.”


Q: What kind of similarities do you see in all the Pinocchio siblings? And what do you feel makes Classique Legend ‘Everest’ special? A: Pinocchio has been bred to Foxwedge, Not A Single Doubt, Sebring, So You Think and I Am Invincible and it is evident that she is ‘stamping’ her progeny. Whilst they are all a little different in size, they all possess the same walk and powerful physique.

Classique Legend has the heart and determination to rise to any challenge he is given, some of his races he has been extremely unlucky by being stuck in a bad position. Given a good clean run, he will be hard to beat. It would be great to see him given a good clean run to prove his ability.

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Q: Please tell us more about your other successful sales graduates on the racetrack? A: Tyreel Stud is renowned for producing successful on track performers and the last couple of years has proved this.

On August 29, 2020 Behemoth won the Gr.3 Memsie Stakes at Caulfield. Behemoth was born, bred, raised and sold by Tyreel Stud. We sold him as a weanling due to his enormous size. He has grown into a very big horse who has an amazing ability. Another Tyreel graduate, Academy also won on the same day at Rosehill. We had Every Rose and Osamu run in the Gr.3 San Domenico Stakes and Spiritual Pursuit in Race 9 at Rosehill also. We only foal down 25-30 foals each year, so to have a day on the track like yesterday was impressive. I think we are in for a huge spring racing carnival with our graduates.


From Pinocchio, we have also bred Puppet Master, Aethero and the next generation in Fairy Legend (her So You Think colt).

Bana Wu who was owned by our client has given us the exciting Montefilia. This filly will be the one to watch over the coming season.

Couredge has given us the likes of Smartedge, Academy, Every Rose (1st in the Gr.3 Gimcrack Stakes, 2nd in the Gr.3 BJ McLachlan and second in the Wyong MM 2YO RL) and the next generation in Brooke’s Edge (her Hinchinbrook filly).

Catalonia has given us the exciting Espaaniyah who sustained an injury that finished her early career.

Written Dash has given us Potentia and Osamu who has shown plenty of ability and will be a star 3YO performer this season.

We have been very fortunate to have these athletes born, bred, raised and sold by Tyreel Stud all within a few short years. From a small broodmare band, it is phenomenal to be producing these quality athletes, something that we will continue to do. Q: Also, please tell us about the absolute best weanlings you have on the ground this year that will be presented at the 2021 sales?

Penny Banger gave us Behemoth who is a Gr.3 winner, Gr.3 placed and again continues to challenge at the highest level. Happy Hippy has given us Spiritual Pursuit who is a tough filly with plenty of ability. 23 | EVEREST DIARIES

From Lady Millions we had Malahide who continues to excite her owners in Queensland.


A: We have a lovely group of yearlings that will be showcased in next year’s sales. With the likes of the below just to name a few:

Written Dash x I Am Invincible Filly (half-sister to Osamu) Sous La Terre x Zoustar Filly (¾ sister to champion mare Sunlight) Catalonia x I Am Invincible Filly (full sister to Espaaniyah) Couredge x Hellbent Filly (half-sister to Every Rose) Magic Nera x Not A Single Doubt Colt (half brother to exciting Kahaylaan) Tender x Pierro Colt (half brother to Orpheum) I believe we will have a very exciting 2021 time in the sales ring and on the race track. Q: The sales have been quite the journey for breeders this year. The adjustment of going 24 | EVEREST DIARIES


from physical sales to digital sales takes quite a toll. Plus the added stress of selling your highest-value yearlings to unseen buyers online must have been quite challenging. What was this journey for you this year? A: This year’s journey has been like no other for everyone around the world in all industries. For us here at Tyreel it has been difficult mostly with the ever-changing rules, regulations and restrictions surrounding the sales period.

The Inglis Easter Yearling Sale was the first affected by COVID 19 and we had saved our absolute best for this sale. The lead up to this sale was extremely stressful for the staff that have prepared these yearlings and ourselves. We were heading into completely unknown territory with the holding of such a premium sale on-line where many lookers were unable to look. The investors, bloodstock agents, buyers that we're able to drive around to the farms to inspect yearlings did an incredible job. The sales company to have provided an on-line platform to sell these yearlings did an incredible job, all under extremely trying circumstances. We ended up with 100% clearance of our beautiful yearlings at values that were not too far away from what was expected. The continuation of COVID 19 is now wearing a little thin, but we are looking forward to much better times ahead. We will not be changing anything about our mating plans or breeding programs, for us, it is business as usual in the continuation of producing high quality, high performing, highly desirable thoroughbred racehorses. Q: Could you tell us more about the farm itself? A: Tyreel Stud is a small boutique thoroughbred horse breeding operation located in the Hawkesbury District just 1 hour from the centre of Sydney. We reside on 100 acres of alluvial Nepean River frontage. We have a broodmare band that consists of around 32 mares and we aim to be 25 | EVEREST DIARIES


producing yearlings for Magic Millions, Inglis Classic and Inglis Easter Sales. We have a small team of 4 permanent staff, my husband Laurence and myself. Q: What do you look for when you buy prospective broodmares? Pedigree, Confirmation, Past Performance - how much do these play a part in your decision making? A: We have purchased a mixed range of

broodmares, some have been unraced but are well related. Some have had great success on the track themselves and are well related. Some have had average ability themselves but are well related. The most important feature I look for is confirmation. If the mare looks good, chances are she will pass that onto her babies. Q: Where do you see the NSW racing industry heading during the Spring Carnival and the next sales season? A: I would like to believe that things will not change

much at all over the coming months and into the sales season next year. Perhaps we will have to continue the on-line sales which is not ideal, but the fact that our industry has still been able to operate, albeit differently is quite remarkable and a testament to the market strength we have. Q: Name your most favourite horse and why? A: I don’t have favourites at all, but I will tell you that

they are all my favourites. Every horse that I have had anything to do with makes its way firmly into my heart and soul. I love all of my mares and I am thoroughly enjoying watching the babies that we have foaled down grown into incredible athletes, they are a testament to our farm, the broodmares we have purchased and the way they are raised.

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STATISTICS

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