Nicky Wong's Magical Road: From the Track to Inglis' International Business Manager

Nicky Wong at the 2024 Hong Kong International Sale. (Photo: Nicky Wong)

Thoroughbred auctions, a tradition dating back to the 18th century, have evolved significantly. From the establishment of Tattersalls in London in 1766 to the founding of the first US auction house by Tristam Bampflyde in 1805, horse sales have been a global phenomenon.

Inglis, founded in 1867, has been a cornerstone of the Australian horse racing industry for over 150 years.

The Magic Millions, established in 1987, has also become a prominent force in Australian horse racing. Known for its Gold Coast Yearling Sale each January, however, it operates auctions all year-round conducting sales in four states of Australia.

Nicky’s Journey into the World of Bloodstock

Nicky Wong worked for a US-based toy manufacturer after graduating from City University of Hong Kong, as well as a flight attendant for Cathay Pacific before he began studying in Australia at TAFE.

Having previously worked with the Hong Kong Jockey Club and John Moore Racing, Nicky Wong's career took an unexpected turn at the age of 27. While working as a trackwork rider at Muskoka Farm in NSW, a minor back injury forced him to take a break. Encouraged by his TAFE instructor, Wong explored a career in bloodstock. This led him to connect with experienced agents at Inglis and Magic Millions, ultimately leading to a position with Magic Millions.

Initially, Nicky's role involved assisting clients from around the world. His responsibilities included shortlisting horses and bidding on their behalf for clients unable to attend the sales in person. He acts as a liaison between sellers, buyers and the sales team, ensuring clear communication and smooth transactions.

After nearly eight years at Magic Millions, Nicky recently transitioned to Inglis as an International Business Manager. Leveraging his experience from Magic Millions, he is well equipped to build and maintain relationships with international clients. His goal is to engage with emerging markets and foster interest in Australian breeding and racing.

Nicky Wong at the Longines Hong Kong International Races. (Photo Nicky Wong).

Global Interest in Australian Bloodstock

Australian-bred horses are known for their speed and early maturity, which gives them an advantage in regions like Hong Kong where these traits are particularly valued.

With growing international interest in Australian thoroughbreds, particularly from Asian markets like Hong Kong, Japan, Malaysia, China, Korea, the Philippines, Thailand, and Vietnam, as well as the Middle East, Australia's substantial breeding population offers a diverse range of horses for international buyers. Hong Kong, with its racing environment closely mirroring Australia's, provides a significant market for Australian horses.

Connecting Horse and Owner through Technology

Technology has significantly transformed the auction process, offering buyers the flexibility to participate from anywhere at any time. Online bidding systems allow buyers to place bids and watch the auction via their phone or laptop. This has expanded the reach of the Australian market to a global audience.

Online catalogues provide early access to horses and reduce the need for traditional print materials, making it more convenient for some buyers.

Additionally, features like live streaming, iPad sign-ins and online vetting systems allow overseas buyers to view x-rays and scope images of horses, boosting their confidence when bidding remotely.

Inglis Digital has twice monthly online sales and is a world leader in digital sales, offering around 700 horses per month online. People can (and do) access these catalogues from all around the world, either as sellers or buyers. All you need is a smart phone or computer. They’ve changed the face of how trading is now done in the Southern Hemisphere especially.

Nicky’s Advice to the Younger Generations Wanting to Work in the Industry

“My advice would be not to be afraid to take the first step. It’s often the hardest part, but I always remind myself that I would regret it if I didn’t try. Dare to dream – that’s a motto I live by. And finally, don’t hesitate to ask questions. There’s always more to learn, and asking questions is key to growing in the industry.”

Nicky’s Favourite Horse of all Time

“That’s a tough question. When I was a kid, Silent Witness was my all-time favourite, as he meant so much to us in Hong Kong during a difficult time. More recently, however, I would say Golden Sixty, as I’ve had the opportunity to work closely with the horse, the owners and the breeders, even being involved with Sixty’s dam early on before it all happened.”