Aushorse Releases Investor’s Guide

Australia will host a race worth $1 million or more every four days in 2023, according to the latest Aushorse Investor's Guide released on Wednesday. The guide also showed that prize money across the country soared 92% over the past decade. The annual Aushorse Investor's Guide pulls together the latest information on the Australian Thoroughbred racing industry.

“Australia is enjoying a golden age when it comes to the Thoroughbred industry,” Tom Reilly, chief executive of Aushorse, said. “We have a great funding model that gives owners a real chance to get a return on their investment and the sport has tremendous backing across society.”

The guide showed that average prize money per race in Australia–almost $46,000–is far higher than other jurisdictions such as America, France, Ireland, and the United Kingdom. The quality of racing matches the prize money. In five of the past seven years, Australia has hosted more of the top-rated Group 1 races than any other jurisdiction.

The guide also revealed that it is more affordable to invest in Australia than in Europe or North America with the price of the top colts and fillies significantly lower than in other yearling markets. The average prices for the top 50 colts and fillies over the past five years in Australia (US$763,289 Colts, $550,110 fillies), compares favorably with Europe (US$980,206 colts, $883,073 fillies) and America (US$1,006,980 colts, $828,520 fillies).

The Investor's Guide has been designed to be easily viewed from mobile devices at Aushorse.com.au, and printed copies, which have also been translated into Chinese, will be posted along with the Aushorse annual magazine.

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‘Money Was Becoming Tight’ – Madden Happy With Australia Decision

Once viewed as one of the classiest riding prospects in Ireland, Tom 'Socks' Madden pointed to the harsh realities of competing in his home nation as the driving force behind him taking the plunge and bidding to emulate Declan Bates and Johnny Allen by turning to Australia in an effort to rejuvenate his career in the saddle. 

Just over a month after he upped sticks to Australia, Madden rode his first winner for new boss Leslie Smith aboard Glitter 'N' Gold (Aus) (Choisir {Aus}), after which he credited fellow Irishman Shane Jackson for advising him to make the switch. 

Jackson made that same successful move a decade ago and left nothing to chance so that Tom, the son of trainer Niall 'Boots' Madden and brother to Grand National-winning pilot Niall 'Slippers' Madden, could hit the ground running down under.

The 25-year-old said, “I've been here just over a month so to mark it with my first winner in Australia was great. Things had dried up for me in Ireland so it made sense to give this a go and I am really enjoying it.”

Madden burst onto the scene as a 16-year-old back in 2013. He rode three winners in his debut season and confirmed himself one of the most promising apprentices in the country the following year by bagging 14 wins.

His best season came in 2019 when he rode 25 winners but it was in 2020 where he claimed his most memorable prizes given he partnered Silence Please (Ire) (Gleneagles {Ire}), Zaffy's Pride (Ire) (Pride Of Dubai {Aus}) and Barrington Court (Ire) (Mastercraftsman {Ire}) to listed race success for Jessica Harrington. 

Madden remained with Harrington, where he rode as second choice to Shane Foley, until he decided to leave for Australia and pointed to the fact that the rides had largely dried up as the main reason behind the switch. 

He explained, “Jessie wasn't running much towards the end of the season and, whatever she was running, Shane was riding so there weren't many rides to go around. Money was becoming tight because I wasn't getting many rides and all I was doing was riding out for people in the mornings. 

“My brother Niall is good friends with Shane Jackson, who has made a good career for himself here in Australia, and he has been on to me for a good few years to come down and give it a go. I shelved those plans when Covid hit but I'd no excuse not to take the opportunity this year now that the restrictions have eased.”

Madden added, “Shane and his wife Lorna have been very good to me and had everything organised for when I arrived. Not only did they line up a job and somewhere for me to stay, but they also organised banking and a car for me, so I am very lucky.

“Even in the smaller races down here, there is great prize-money on offer. Obviously the city meetings are where you want to be riding at but the country tracks offer fantastic prize-money as well and it goes right down to eighth and ninth position so, every time you go racing, you're picking up a cheque. 

“I was getting by without making a lot of money in Ireland. Prize-money at home is okay and the riding fees are fine but the riding fee is nearly double out here. It's just so competitive in Ireland. It was great when I had the claim as I could ride away in the apprentice races but, when you lose your claim, things become a lot harder and it's much tougher to compete. I just found that I was tipping away okay before Covid but never really got going after it.”

Madden is not the only Irishman to sample all that Australia has to offer. Ben Coen, Jamie Powell, Scott McCullagh and Mikey Sheehy are riding in Sydney this winter but Madden, whose agent is another Irish native Robbie Kingston, brother to trainer George Kingston, is open to an extended stay. 

He said, “I have a flight back to Ireland booked for the end of January but, if things keep going the way they are going and I am still enjoying it, I could stay. I'll take things as they come and hopefully everything will work out.”

 

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Ouija Board, Classic Winner and Producer, Dies at 21

Ouija Board (GB) (Cape Cross {Ire}), the brilliant racemare and dam of Derby winner Australia (GB) (Galileo {Ire}), has died at the age of 21.

Confirming the dual Classic winner's passing on Tuesday, her breeder Lord Derby said, “In our wildest dreams, we never imagined we could breed a horse that would be a global record-breaker and inspire so many people with so many happy memories. She was simply the best and always had the most wonderful temperament. She loved a hug and a polo mint every time we walked around the stud. We were so lucky to have her in our lives as she brought us so much joy. The fun and the pleasure that she gave us in a four-year journey around the globe will give us happy memories forever.”

Trained by Ed Dunlop, Ouija Board won the Oaks and Irish Oaks and rounded off her Classic season with victory in the Breeders' Cup Filly & Mare Turf. At four, she added the Hong Kong Vase to her Group 1 haul and then remained in training at five to win the G1 Prince of Wales's S. and G1 Nassau S. before a repeat success at the Breeders' Cup.

Retired home to her owner's Stanley House Stud in Newmarket, Ouija Board produced five winners, led by Australia, who now stands at Coolmore in Ireland, while his half-brother, the Group 2 winner and Group 1 runner-up Frontiersman (GB) (Dubawi {Ire}) is at Overbury Stud in England. Another son, Voodoo Prince (GB) (Kingmambo) won a Group 3 in Australia. 

Stud manager Peter Stanley, the brother of Lord Derby, said, “It has been a privilege to be associated with such an extraordinary and remarkable filly. Even in one's wildest dreams one dare not dream of a filly such as Ouija board. She danced every dance and more beside. Her stud career was equally inspiring, producing in the same year a Derby winner with Australia, and the Melbourne Cup favourite at the same time. She followed this up with Frontiersman finishing second in the Group 1 Coronation Cup. If I have one sadness, it is that she left us only one daughter, but the truth is she was a joy from beginning to end.”

Ed Dunlop added, “What a champion she was. I was so, so lucky to be entrusted with such a great horse. There were so many happy and great moments with her that is impossible to single out one. Winning the Oaks was so special for me as a trainer, and the iconic Nassau battle will live long in the memory. Putting it simply she changed my life and I owe her a huge, huge debt.”

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Verry Elleegant Share Sells Privately After Passing In

The online auction for a 12.5% share in champion mare Verry Elleegant (NZ) (Zed {NZ}) came to a close on Monday evening (local time), passing in for NZ$350,000. However, a deal was struck later with the share selling to an existing part owner for an undisclosed amount. Extrapolation puts her projected value at NZ$2.8 million. Offered on Gavelhouse Plus, the share was made available by part-owner Tim Barry.

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