The Inglis Australian Weanling Sale produced pleasing results for a number of first season sires despite the challenging market with five posting sales of $100,000 or more and five also featuring in the top 10 sires by average with Russian Revolution leading his peers.

The dual Group I winning son of Snitzel did best with six babies averaging $75,000, his best result a colt from Novel Dancer that made $150,000 for Sledmere Stud when knocked down to Louis Mihalyka of Laurel Oak Bloodstock.

Laurel Oak have had plenty of success with the colt’s stakes-winning half-brother Pancho.

The agent had the backing of the syndicate who race the Chris Waller trained rising four-year-old by Dissident.

“I go through the catalogues and look for opportunities either for something that I’d like to buy as a yearling and if then I have clients who are interested in buying a weanling and putting it back through a sale with me as a potential buyer, then I buy for them,” Mihalyka told ANZ Bloodstock News.

“In this particular case, I actually asked the Pancho owners if they wanted to buy the horse now. If we don’t put him through a weanling sale it’s probably going to be $15,000 to get him to a yearling stage, so we will be paying that much for this colt as a yearling as what we paid for Pancho as a yearling.

“Similarly, he’s by a first season sire (as Pancho was), but this time the mare’s a bit more proven, so we think it’s good value. “We’ll put him aside, wait patiently and then race him.”

Russian Revolution also had weanlings sell for $95,000 and two for $80,000, he stands this spring at a fee of $44,000.