Tattersalls has made the decision to rebrand the Ascot Yearling Sale to the Somerville Yearling Sale with the auction to be held permanently at Park Paddocks in Newmarket.
The decision follows the staging of the relocated Tattersalls Ascot Yearling Sale last year that produced strong results with a record average, median, top lot and turnover, featuring 17 lots that sold for 30,000gns or more.
The inaugural edition of the Somerville Yearling Sale, named in recognition of Somerville Tattersall, will be held on September 7 and all yearlings offered will be eligible for the £150,000 Tattersalls October Auction Stakes.
Tattersalls Chairman Edmond Mahony said: “The catalyst for launching the Tattersalls Somerville Yearling Sale at Park Paddocks was the extraordinary vibrance of last year’s relocated Tattersalls Ascot Yearling Sale.
“The new Tattersalls Somerville Yearling Sale will benefit not only from the outstanding facilities at Park Paddocks, but also from Newmarket’s unique infrastructure and we are confident that the Tattersalls Somerville Yearling Sale, named in honour of one of the central figures in the history of Tattersalls, will harness the momentum established by its predecessor.”