A R48 Million Foal – Things Are Big In Japan

JRHA July Sale 2021

In a staggering result at the 2021 JRHA July Sale, a colt foal out of former Australian dual Gr1 winner Yankee Rose (All American-Condesaar, by Xaar) has sold for almost A$4.5 million – the equivalent of 370,000,000yen or US$3,333,334 –  the second highest price of the session.

#398 – US$ 3,3 million worth of foal

Consigned by the Yoshida’s Northern Farm, the colt was Lot 398, and is by Japan’s Horse of the Year Lord Kanaloa (King Kamehameha), sensational sire of Blue Diamond hero Lord Tagaloa, Japanese Horse of the Year Almond Eye and leading Japanese Group 1 horses Saturnalia, Danon Smash and Stelvio.

As a juvenile, Yankee Rose finished runner-up in the Gr1 Golden Slipper before landing the Gr1 Sires Produce Stakes (1400m) and training on as a 3YO to win the Gr1 Spring Champion Stakes (2000m).

She is a half-sister to Gr3 winner Miravalle (Redoute’s Choice) and also Great Dansaar (Choisir), dam of prodigiously talented Queensland mare Isotope (Deep Field).

Tuesday’s outcome was a metaphorical million miles from the A$10,000 Darby Racing paid for Yankee Rose as a yearling when she was offered by Widden Stud at the 2015 Inglis Classic Sale.

The sales topper in the foal session of the 2021 JRHA Select Sale was #428, a colt by Kizuna(JPN).

The consignment from Northern Farm was bought by Yoshihisa Ozasa for 410,000,000yen, US$3,693,694.

Ozasa was not attending at the sale and his bids were relayed by his trainer, Yoshito Yahagi, who talked with Ozasa via telephone.

“This is the one which I was firmly resolved to acquire”, Yoshihisa Ozasa said.

“Yoshito Yahagi strongly recommended him and others who inspected him told me unanimously that this is very nice horse. I thought he would cost 300 million yen more or less, but I didn’t intend to retreat at all. I won the bidding war and hope the colt will win big races”

The colt is the ninth foal out of Selkis(GER), winner of the Gr2/Diana-Trial, and her fourth foal is Velox(JPN), who finished second in Gr1/Satsuki Sho and third in the Gr1/Japanese Derby and Gr1/Kikka Sho in 2019.

213 lots from 230 lots offered were sold for 10,923,000,000yen in total at the foal session, which is a 31.1% increase from twelve months ago.

The average price, 51,281,690yen, and median price, 33,000,000yen, are 24.9% and 13.8% increases on  2020, respectively.

The clearance rate improved from 89.8% in 2020 to 92.6% in 2021.

And 439 lots of the 472 lots offered sold for 22,561,000,000yen through the two-days session of 2021 JRHA Select Sale, which is 20.3% higher than 2020.

The average price over the two days, 51,391,780yen, is 18.3% up from 2020, and the overall clearance rate improved from 90.9% in 2020 to 93.0% in 2021.

“This is a much stronger market than I expected”, Teruya Yoshida, Chairman of the Japan Racing Horse Association, commented during a press conference conducted at the conclusion of the 2021 Select Sale.

“As the catalogue this year does not include King Kamehameha and included a few Deep Impacts, I thought the market would shrink – but I was wrong.”

“I am very impressed to see so many new players active through the two days at the 2021 Select Sale.

Most impressive was Mr,Susumu Fujita, who attended the JRHA Select Sale for the first time and spent 2,367,000,000yen in total, which is more than 10% of the gross sale.”

“The number of buyers registered at this year’s sale numbered more than 700, which is 10% more than last year, and the market had players in every price range. I think it created this strong market”.

“And I think we have a good variation of stallions standing in Japan now. There are sires who produce a variety of good sprinters, milers and stayers. And there are sires of turf runners and dirt runners. And our quality of broodmares is of a much higher standard than before.”

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