Auction firm Inglis bans Tinkler horses

Thursday 11 April 2013, 5:51pm

Australia's leading bloodstock auction house has barred beleaguered mining magnate Nathan Tinkler from selling horses at its major sales after he withdrew his stock from the Australian Easter Yearling Sale.

Tinkler had entered 24 yearlings in the sale recognised as Australia's premier thoroughbred auction.

William Inglis and Son chief executive Mark Webster said Tinkler had informed him the horses would not be presented for sale only a week before.

Webster said the withdrawal of so many horses at such a late stage was unfair to his company and to other breeders whose stock had missed a place in the catalogue.

"I won't be accepting any of his horses in our select sales," Webster said.

He said Inglis would examine the possibility of a compensation claim against Tinkler.

The withdrawal of Tinkler's yearlings followed a similar incident in which he pulled out his Patinack Farm draft of around 100 mares from an earlier sale.

Tinkler is in the process of winding up his racing and breeding operation after his mining interests ran into severe financial difficulty.

After bursting onto the racing scene with massive purchases of yearlings and breeding stock in 2007, Tinkler hit difficulties last year.

In recent months he has sold his banner colt All Too Hard, a half-brother to world champion sprinter Black Caviar, and much of his racing and breeding stock and his stud, Patinack Farm is on the market.

It is understood he will attempt to sell the 24 yearlings withdrawn from this week's sale as a package later this year.

– AAP

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