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Weird goings on - Inglis April early sale

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TJMitchell View Drop Down
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Post Options Post Options   Thanks (1) Thanks(1)   Quote TJMitchell Quote  Post ReplyReply Direct Link To This Post Posted: 07 May 2025 at 9:53am

Pardi is back in the game after having a Racing NSW ban lifted over his involvement in several thoroughbred-related companies

He was warned off NSW racecourses in 2009 before that was overturned.

“It was a very, very dark time in my life, and I’ve certainly cleaned that act up a long time ago, or I wouldn’t be here,” Pardi told members of the bloodstock media.



Ahhh, it was that same guy
Time is a flat circle
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Post Options Post Options   Thanks (2) Thanks(2)   Quote VSP. Quote  Post ReplyReply Direct Link To This Post Posted: 07 May 2025 at 1:30pm
Originally posted by QuizAbout QuizAbout wrote:

VSP -comes up with 404 page not found Ouch

Pardi time as ‘sophisticated investors’ pounce on top-priced foal

By Warwick Barr 

A Too Darn Hot colt has delivered on hype and expectation after selling for an auction-topping $775,000 at the Inglis Australian Weanling Sale.

sister of Too Darn LizzieThe sister of Too Darn Lizzie sold for a record $775.000. (Photo: Inglis)

Eclipsing the record sale price of $650,000 paid on Monday for a Stay Inside filly, the colt was the star foal on the second day of selling with Equine Growth Fund the winning bidder.

Stefan Pardi, who secured a filly by The Autumn Sun for $280,000 during the first session, signed for the colt, a brother to Group 2 winner Too Darn Lizzie, on behalf of the fund.

“It's a model of sophisticated investors that I have on board - 10 to 20 of them,” Pardi said.

“I have an appetite to pinhook. I've been successful over the last couple of years doing it. We all put our money together, and we just try to find the right ones.

“We're buying them mostly at the top end, so that's really what I do. Just a cool bunch of people with a cool bunch of money, and we go from there.”

Pardi is back in the game after having a Racing NSW ban lifted over his involvement in several thoroughbred-related companies

He was warned off NSW racecourses in 2009 before that was overturned.

“It was a very, very dark time in my life, and I’ve certainly cleaned that act up a long time ago, or I wouldn’t be here,” Pardi told members of the bloodstock media.

A bay colt praised for his temperament as one of the most inspected weanlings on the ground at Riverside, the sale is likely to trigger a monumental week for his blue-blooded family.

His dam, the Magnus mare Enbihaar, and Too Darn Lizzie will be among the eagerly anticipated Lots to go through the Inglis Chairman’s Sale on Thursday night.

They will also be consigned by Widden Stud.

“Well, that was another key element to buying here. I think (Too Darn Lizzie) … she's going to make good money,” Pardi said.

“The family's outstanding, anyway.”

Pardi signed for $1.235 million worth of bloodstock from three lots purchased across the two days.

Enbihaar will be offered in foal to Widden’s champion sire Zoustar.

Too Darn Lizzie comes off the racetrack after winning the Group 2 Thousand Guineas Prelude before finishing in the minor placing in the Group I Thousand Guineas for high-profile owner Andrew Lloyd Webber.

Webber raced Too Darn Hot and he paid $1 million for Too Darn Lizzie via agent Johnny McKeever at the 2023 Magic Millions sale to help kick-start the stallion’s career in Australia.



Edited by VSP. - 07 May 2025 at 1:31pm
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Post Options Post Options   Thanks (2) Thanks(2)   Quote VSP. Quote  Post ReplyReply Direct Link To This Post Posted: 07 May 2025 at 1:33pm
Sounds like another bunch of people with more money than sense are about to get an education in how to make a small fortune in racing. (Start with a large fortune).
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Post Options Post Options   Thanks (0) Thanks(0)   Quote QuizAbout Quote  Post ReplyReply Direct Link To This Post Posted: 07 May 2025 at 3:36pm
Mmm, but can racing australia probe who is in the investment? Could they be hiding someone who should not be involved in racing?
Considering they bid on ALL of the vella weanlings on the Inglis Digital, for more than they are worth, then most fail to sell at the Weanling sale?
Does that mean the digital sales didnt go through?

Most of those weanlings had a reserve of 70k :/
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Post Options Post Options   Thanks (2) Thanks(2)   Quote Freefall Quote  Post ReplyReply Direct Link To This Post Posted: 07 May 2025 at 3:51pm
Originally posted by brave_ponies brave_ponies wrote:

PS. I was only joking when I said you were ‘pretty’. We await confirmation from Mrs Freefall Big smile

I’m researching mushroom recipes as we speak BP.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote QuizAbout Quote  Post ReplyReply Direct Link To This Post Posted: 07 May 2025 at 7:00pm
LOL
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Post Options Post Options   Thanks (0) Thanks(0)   Quote brave_ponies Quote  Post ReplyReply Direct Link To This Post Posted: 07 May 2025 at 7:45pm
Beef Wellington is a classic, they say Wink
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Post Options Post Options   Thanks (0) Thanks(0)   Quote acacia alba Quote  Post ReplyReply Direct Link To This Post Posted: 08 May 2025 at 12:30am
Originally posted by Freefall Freefall wrote:

It’s possible Equine Growth Fund Pty Ltd is the Trustee for Vella Family Trust.

Both entities registered to Norwest, NSW.


Well havnt you twigged  Thumbs Up
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Post Options Post Options   Thanks (0) Thanks(0)   Quote acacia alba Quote  Post ReplyReply Direct Link To This Post Posted: 08 May 2025 at 12:32am
Originally posted by brave_ponies brave_ponies wrote:

PS. I was only joking when I said you were ‘pretty’. We await confirmation from Mrs Freefall Big smile


Yeah,,he is pretty.   Sort of Wink  Very nice fella tho  Thumbs Up
animals before people.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote acacia alba Quote  Post ReplyReply Direct Link To This Post Posted: 08 May 2025 at 12:35am
Originally posted by QuizAbout QuizAbout wrote:

Mmm, but can racing australia probe who is in the investment? Could they be hiding someone who should not be involved in racing?
Considering they bid on ALL of the vella weanlings on the Inglis Digital, for more than they are worth, then most fail to sell at the Weanling sale?
Does that mean the digital sales didnt go through?

Most of those weanlings had a reserve of 70k :/


Smell a rat there. 
animals before people.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote oldflight Quote  Post ReplyReply Direct Link To This Post Posted: 08 May 2025 at 9:01am
Turn the Machine to wash cycle.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote brave_ponies Quote  Post ReplyReply Direct Link To This Post Posted: 09 May 2025 at 11:13pm
Well, well … looky at what just popped up in FB …

🐎 Matt Vella Racing Services 🐎

NOW HIRING due to HUGE EXPANSION & we are looking for 1 FULL TIME STAFF member to join our strong team. 

🚨 PLEASE NOTE WE ARE NOT TAKING application’s for people with VISA’s seeking short term employment we are strictly looking for a long term FULL TIME interested applicant. 

Come work for one of the best breakers in the industry, Matt Vella.
This is a great opportunity for an enthusiastic person who wants to work within a good working environment and improve their knowledge and experience with some lovely quality horses of all ages and stages of their careers.

Duties include but not limited to;
🧹cleaning boxes/yards
🧹saddling and hosing horses
🧹general day to day handling of horses including young horses 

The ideal person we are looking for would be able to;
🐎 above award wages
🐎work well with our fun and experienced staff
🐎be reliable 
🐎follow instructions
🐎ideally have horse experience but experience within the racing industry would be a bonus!

🚨🚨MUST BE ABLE WORK EVERY SECOND WEEKEND. 

Feel free to message us for more information. 
Located in the Hawkesbury, NSW.

#TheMVSystem
#EducatingChampions 
#MattVellaRacingServices
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Freefall Quote  Post ReplyReply Direct Link To This Post Posted: 10 May 2025 at 12:26am
Originally posted by acacia alba acacia alba wrote:

Originally posted by brave_ponies brave_ponies wrote:

PS. I was only joking when I said you were ‘pretty’. We await confirmation from Mrs Freefall Big smile


Yeah,,he is pretty.   Sort of Wink  Very nice fella tho  Thumbs Up

You are very kind AA 😀👍
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Post Options Post Options   Thanks (0) Thanks(0)   Quote acacia alba Quote  Post ReplyReply Direct Link To This Post Posted: 10 May 2025 at 12:55am
I know .  Thumbs Up  But pretty is as does.  
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Post Options Post Options   Thanks (0) Thanks(0)   Quote acacia alba Quote  Post ReplyReply Direct Link To This Post Posted: 10 May 2025 at 12:56am
Originally posted by brave_ponies brave_ponies wrote:

Well, well … looky at what just popped up in FB …

🐎 Matt Vella Racing Services 🐎

NOW HIRING due to HUGE EXPANSION & we are looking for 1 FULL TIME STAFF member to join our strong team. 

🚨 PLEASE NOTE WE ARE NOT TAKING application’s for people with VISA’s seeking short term employment we are strictly looking for a long term FULL TIME interested applicant. 

Come work for one of the best breakers in the industry, Matt Vella.
This is a great opportunity for an enthusiastic person who wants to work within a good working environment and improve their knowledge and experience with some lovely quality horses of all ages and stages of their careers.

Duties include but not limited to;
🧹cleaning boxes/yards
🧹saddling and hosing horses
🧹general day to day handling of horses including young horses 

The ideal person we are looking for would be able to;
🐎 above award wages
🐎work well with our fun and experienced staff
🐎be reliable 
🐎follow instructions
🐎ideally have horse experience but experience within the racing industry would be a bonus!

🚨🚨MUST BE ABLE WORK EVERY SECOND WEEKEND. 

Feel free to message us for more information. 
Located in the Hawkesbury, NSW.

#TheMVSystem
#EducatingChampions 
#MattVellaRacingServices


LOL  LOL  LOL,,,,,
animals before people.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Glencoe Quote  Post ReplyReply Direct Link To This Post Posted: 15 May 2025 at 12:27am
Methinks the plot thickens ( or there is more detergent in the wash)
At the recent Inglis Online sale mares in foal from both Cavallo Park & associate entity Bella Jane sold for exceptionally strong prices
I WONDER WHY
I did particularly like the euphimisms used for the buyers
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Post Options Post Options   Thanks (1) Thanks(1)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 15 May 2025 at 10:49am
Nearly all sold to the same entities, almost certainly recently established.
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Post Options Post Options   Thanks (0) Thanks(0)   Quote QuizAbout Quote  Post ReplyReply Direct Link To This Post Posted: 15 May 2025 at 5:08pm
So are they using it as a way to pass $$? Or to legitimise $$?? Launder money etc?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote rusty nails Quote  Post ReplyReply Direct Link To This Post Posted: 15 May 2025 at 5:31pm
 to establish a “value” with a view to syndicate?
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 15 May 2025 at 6:10pm
That immediately came to mind when the first five or so were sold for clear overs at the Inglis digital sale referred to in the opening post.
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Post Options Post Options   Thanks (1) Thanks(1)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 15 May 2025 at 6:34pm
And its now gone from five weanlings digitally to more involving weanlings and now broodmares. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote QuizAbout Quote  Post ReplyReply Direct Link To This Post Posted: 15 May 2025 at 6:40pm
Originally posted by rusty nails rusty nails wrote:

 to establish a “value” with a view to syndicate?

That would make sense IF the weanlings were of actual real value, most passed in at the weanling sale after being sold online.


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Post Options Post Options   Thanks (2) Thanks(2)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 15 May 2025 at 7:11pm
Now the following is probably unrelated to this particular issue, however:

What we increasingly see is that a few syndicators offer say 1,000 shares in a horse for next to nothing, eg (a) "Secure a small share in XXX for just $100 and average monthly fees of $10", or
     (b) "Secure a small share in XXX for just $300 no more to pay*".

Horse (a) may only be worth half the stated value (1,000 x $100) however the value is verifiable (on the basis of a bogus sale price) and hey, it's not much money so why not climb on board.  And the monthly fee of $10 is neither here nor there, though in point of fact it's far more than training fees etc and includes a management fee of $3 which equates to $3,000 per month for the syndicator thank you very much. 

And the scenario in (b) is the same if different.  The additional $200 "no more to pay" returns $200,000 up front to the syndicator much of which he can invest and which is almost certainly more than on-going costs for the racing life of the prospective galloper. 

Though one hastens to say that similar low-cost, multiple part-owner offerings may well be entirely above board.

* extraordinary costs excepted


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Post Options Post Options   Thanks (0) Thanks(0)   Quote QuizAbout Quote  Post ReplyReply Direct Link To This Post Posted: 17 Jul 2025 at 8:15pm
Just gets more and more interesting this lot.

Cavallo and now a new vendor - Bella Jane Lodge - both selling weanlings in the inglis digital just gone, 


A listing of each - check the wording, they are the same vendor.

Between them they had a total of 7 listings,all sold for 20k+ for weanlings that shouldnt have brought anymore than 5k.

All bought by a different buyer, but weird names. 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote brave_ponies Quote  Post ReplyReply Direct Link To This Post Posted: 17 Jul 2025 at 8:38pm
Very interesting indeed, quiz!

You’ve just reminded me that I’ve recently seen multiple ads from Cavallo seeking staff for breaking in and pre-training roles. Must have a lot of young horses on their books Wink
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Second Chance Quote  Post ReplyReply Direct Link To This Post Posted: 17 Jul 2025 at 8:47pm
Good call again QA.  Thumbs Up

Yep, none of the offerings worth even a fraction of their "selling" prices, and all sold to never-before known purchasers.

Heaven knows where all this is going.

 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote QuizAbout Quote  Post ReplyReply Direct Link To This Post Posted: 17 Jul 2025 at 9:30pm
To me it seems like a money laundering scheme. Or passing money or something. 

I dont know whether Inglis should have their attention brought to them or what?
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Post Options Post Options   Thanks (2) Thanks(2)   Quote pnclick Quote  Post ReplyReply Direct Link To This Post Posted: 07 Aug 2025 at 5:04pm
Seriously they are taking the p#$s or something...

Let's say Inglis better "watch" out as they mIght be in the sights of money laundering authorities.

Get a load of the purchasers of the Bella Jane horses:

Jaeger & Co. Bloodstock
Breguet Ridge Bloodstock
Cartier Chase Bloodstock
Piaget Court Bloodstock
Chopard Downs
Blancpain Gate
Zenith Crown
IWC Row Bloodstock

EVERY one (first name, not the extension) is a Swiss watch brand!!!
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Post Options Post Options   Thanks (0) Thanks(0)   Quote pnclick Quote  Post ReplyReply Direct Link To This Post Posted: 07 Aug 2025 at 5:07pm
Reminds me of when Tony Mokbel had a clothing shop in Highpoint called XTC 
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Post Options Post Options   Thanks (0) Thanks(0)   Quote Freefall Quote  Post ReplyReply Direct Link To This Post Posted: 07 Aug 2025 at 7:26pm
😂😂
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