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Jackson-Stops On the Lookout For Next Rogue At Tattersalls July Sale

Buoyed by one of his biggest results this summer with Royal Ascot winner Rogue Millennium (Ire) (Dubawi {Ire}) putting his name in lights, leading bloodstock agent Billy Jackson-Stops will be on the lookout for his next headline act at the Tattersalls July Sale this week.

However, the man who sourced Tom Clover's brilliant G2 Duke Of Cambridge S. heroine on behalf of The Rogues Gallery Syndicate [along with the trainer's wife Jackie] shared feelings of caution on the eve of the eagerly anticipated horses-in-training sale given the amount of international footfall at Park Paddocks on Monday. 

The purchase of Rogue Millennium for just 35,000gns from Shadwell at the 2021 Tattersalls December Mares Sale was an inspired one. The Dubawi filly has gone from strength to strength under the care of Clover, a big supporter of Jackson-Stops, which made the Royal Ascot success extra special. 

The agent explained, “To do it on the biggest stage of all at Royal Ascot meant the world to me. But, not only that, to enjoy it with Jackie and Tom Clover, it meant so much more as we work very hard together as a team trying to find the right horses at the sales. 

“Tom was at Kempton the day we bought Rogue Millennium, so Jackie and I did all the work together at Tattersalls. We were very lucky to land on the filly and to have been given the order from Tony [Elliott, of The Rogues Gallery Syndicate], who has been a superb supporter of both myself and the Clovers. 

“He runs a very successful syndicate and told us to go out and buy a well-bred filly to run for the syndicate. Finding a Dubawi out of a stakes-placed mare, like we did, it was just great for everyone involved and then to get her to the big stage at Ascot and to win like she did, it was pretty emotional.”

Jackson-Stops added, “I have been lucky enough to have bought some nice horses, the likes of Shadn (Ire) (No Nay Never), who won a Group 2 for Andrew Balding, but to do it for a tight-knit team meant the world really. To do it for Tom Clover, who trained Rogue Millennium so well in bringing her back in trip, for Tony, game as ever in paying the supplementary fee, it was huge. “It's an angle that I like to pursue a lot, fillies in training. Tom Blain [Barton Stud managing director] and I bought a filly last year at the December Mares Sale called Wonderful Times (Ire) (Golden Horn {GB}) and we didn't pay a huge amount [85,000gns] for her. We managed to get a listed win out of her in France and she runs in a Group 3 in Vichy next week. There are various other fillies who we have done well with in the past and it is a good angle to explore.”

Soldanelle (Ire) (Siyouni {Fr}) is another. Sourced at Arqana last year for €65,000, she went on to secure black-type in Germany and is now a valuable broodmore prospect. But it's Rogue Millennium who is Jackson-Stops's shining light. She may not have been sourced at this exact sale but Jackson-Stops, a former assistant trainer to John O'Shea in Australia, explained how finding gems at the horses-in-training sales is something he has always tried to do. 

He said, “I absolutely love selecting horses in training. Buying horses for Australia is a big part of my business and, having been an assistant trainer for a long time, form is something I am very strong on. Shiraz, Future Score, and Taramansour have all done very well in Australia. I pay a lot of attention to the form and it's a great part of the business for me.”

On his expectation for the week ahead, he added, “I think the market will be very strong.  We saw fillies by Lope De Vega (Ire) and Muhaarar (GB) selling very well at Arqana last week and I think that sets the tone. The quality is here and I have already seen a lot of international clients here on Monday, including well-known faces from Australia, and one or two Americans. I have an order to find something for America this week, which I don't think will be too easy. We have a couple of fillies in mind but I suspect that they will make a lot of money. 

“I think this will be a big week. It's great that the sale has moved to a four-day sale. The momentum behind the sale is huge and it's such a great place in the middle of the season for English, American, Middle Eastern and Australians to come over and buy horses at a peak time for everyone.”

It was the well-bred mares who played a star role at this sale 12 months ago. Leading the way at 540,000gns was Rihaam (Ire), a Dansili (GB) mare who was knocked down to Blandford Bloodstock from Shadwell Stud, while Sea The Rose (Ire) (Kendargent  (Fr) and Shining Bright (Ire) (Galileo {Ire}) were not far behind at 500,000gns and 450,000gns respectively. 

There are plenty of classy fillies with form and well-bred mares that could rock into six figures this week, too. Of the maiden mares with top-notch form on the track, Group 3-winning juvenile Basil Martini (Ire) (Starspangledbanner {Aus}) may lead the way. 

In achieving that Group 3 victory in the Weld Park S. at the Curragh last term, Basil Martini accounted for none other than Gan Teorainn (Ire) (Saxon Warrior {Jpn}), who went on to chase home superstar Blue Rose Cen (Ire) (Churchill {Ire}) in the G1 Prix Marcel Boussac

before fetching 1 million gns here at the December Mares Sale. 

Basil Martini, who forms part of a strong draft from The Castlebridge Consignment, reached a mark of 100 in seven starts for Joseph O'Brien.

Wootton Bassett (GB) is riding the crest of the wave after River Tiber's success in the G2 Coventry S. and Bucanero Fuerte (GB) landing the G2 Railway S., and the mares in foal to the Coolmore-based stallion will command plenty of interest. 

On Tuesday, Frankel  (GB) mare Pansy (Ire), one of just who are in foal to Wootton Bassett, boasts a classy pedigree being a full-sister to Hidden Dimples (Ire). 

Pansy is out of a sister to Gregorian and is being consigned by Baroda Stud. David Cox's operation also offers White Jasmine (Ire) (Dark Angel {Ire}), a full-sister to G1 Queen Elizabeth II Jubilee S winner Khaadem, the only mare in the sale who is in foal to Baaeed (GB). 

Meanwhile, the second mare in foal to Wootton Bassett, Sweet And Lovely (Ire) (Galileo {Ire}), will be offered by WH Bloodstock on Tuesday. 

She is a full-sister to 2016 Irish and Yorkshire Oaks winner Seventh Heaven, already the dam of a black-type horse in Boogie Woogie (Ire) (Dubawi {Ire}). The four-day sale gets underway at 9.30am on Tuesday morning.

 

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JRA Raiders Take On NAR Star Mick Fire In Japan Dirt Derby

Both the the Japan Racing Association and National Association for Racing circuits were well represented on the international stage this winter and spring, with JRA representative Derma Sotogake (Jpn) (Mind Your Biscuits) winning the G2 UAE Derby ahead of a meritorious sixth in the GI Kentucky Derby, while the NAR-based Mandarin Hero (Jpn) (Shanghai Bobby) covered himself in glory by nearly winning the GI Runhappy Santa Anita Derby before gaining a run at Churchill Downs. While those two continue to rest up, Wednesday's $721,752 Japan Dirt Derby at Ohi Racecourse about 10 miles south of Tokyo's Imperial Palace is very much an us-versus-them contest, as seven horses from the JRA take on a quartet from the NAR.

The 'senior circuit' has provided four of the last five winners of the Derby and 10 out of the last 12, and the progressive Yuttitham (Jpn) (Justify) stands ready to add to those stats under the Wednesday night lights. The striking chestnut son of US Grade I winner Zipessa (City Zip) was purchased by Makoto Kaneko for the equivalent of $1.8 million at the 2021 JHRA Select Yearling Sale and has won three of his four starts to date, including a 2 1/2-length allowance success going Tokyo's one-turn mile first off a five-month absence May 14 (see below, SC 6). His lone loss to date came at the hooves of UAE Derby fourth Perriere (Jpn) (Henny Hughes), who bounced back to take out the G3 Unicorn S. last month. Leading JRA rider Yuga Kawada retains the call.

 

 

 

Like Yuttitham, Mitono O (Jpn) (Logotype {Jpn}) has tasted defeat just one time to date and rides a three-race winning streak into the Derby. The chestnut won the Japan Road to the Kentucky Derby series with a victory in the Fukuryu S. (conditions) Mar. 25, but connections elected to bypass the trip to the States, and the colt exits a romping six-length success from Kirinji (Jpn) (Kizuna {Jpn}) in listed company over an extended nine furlongs at Sonoda May 3 (see below, SC 6).

 

 

The locally based Mick Fire (Jpn) (Sinister Minister) is undefeated and untested in five career appearances, all at Oi Racecourse. Three-from-three least term, he most recently defeated Hero Call (Jpn) (Hokko Tarumae {Jpn}) by a half-dozen lengths in the Tokyo Derby over this course and distance June 7 (video, SC 12). The latter had beaten Mandarin Hero in a February allowance at Oi.

 

 

Following this year's renewal, the Japan Dirt Derby will be the final leg of the NAR Dirt Triple Crown and will be similarly structured to the JRA Triple Crown on turf. The Haneda Hai will take place in April or May followed by the Tokyo Derby in June. The Dirt Derby will conclude the series in October. Mick Fire won this year's Haneda Hai prior to his Tokyo Derby score. Any horse to sweep the series will receive an ¥80 million bonus.

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Kitasan Black in Demand at Record JRHA Sale, 97% Clearance

HOKKAIDO, Japan–“Welcome from the USA, from Europe, from Down Under,” said Naohiro Goda at Sunday evening's party on the eve of the JRHA Select Sale. The welcome in Japan is always warm, but what is clear is that the extraordinary demand for racehorses in the country makes it difficult for those overseas visitors to make much of a mark in the ring where, once again, new record prices for turnover and average were set on Monday. 

The names on the list of buyers were exclusively Japanese, bar that of David Redvers, who signed for a filly from the second crop of Suave Richard (Jpn). Encouragingly for breeders in Japan, that list included a number of new buyers at the top end of the market. 

Various factors are at play, and they should be the envy of every other major racing nation in the world. The success of Japanese horses worldwide has been written about at length in recent years, and we can only expect to see more runners from this country tackle the global festivals, particularly those in the Middle East with vast sums on offer in prize-money. But vast sums are also the reward for staying at home, and the purses in Japan, along with mass engagement with racing fans of all ages, are elements which are not unrelated and which have driven turnover at this sale to have doubled in a decade. 

It is easy for people unfamiliar with the Japanese currency on a daily basis to look at the string of noughts after a number and think, “Ah well, that's yen.” But with a useful dollar conversion on the bid board for each lot one suddenly realises that almost all of the 222 yearlings offered were making six-figure dollar prices (only six did not reach that mark on Monday, and a further six were unsold) and 19 of those  sold for more than a million dollars. Of course, this is a select sale featuring the elite of the Japanese Thoroughbred crops of 2022 and 2023, or at least those that are offered for sale, but the sheer breadth of the domestic buying bench, which includes plenty of racing clubs, and a clearance rate of 97.3% are both noteworthy.

When speaking to the TDN on Friday, Teruya Yoshida, the owner of Shadai Farm and president of the JRHA sale company, referred to the strength of the racing clubs, which have been a feature in Japan for around 40 years, long before other countries followed suit.

“As you know, our prize-money is so good,” he said. “So not only do [the members] enjoy racing but they get a good return on their money, so why not? Racing has been very popular in Japan for many years but still now the number is increasing. Many young people come to the racetrack, and I think this is quite different from Europe. They bet a huge amount and that returns to the purses. That's the biggest advantage for Japan: that way we can afford to buy plenty of mares for many years, and that's why we have become so successful. 

“Japanese owners have a tendency to race their horses as much as possible. In Europe they are racing for breeding in the future but our goal is racing. That's the biggest concern for our owners.”

From wealthy individuals to the collective buying power of the club, a wide range of purchasers drove the demand for yearlings from many of those top-class mares sourced from around the globe into new record territory. The day's aggregate stood at ¥13.36 billion ($93.75m/£73.3m/€85.6m) and the average at ¥61.88 million ($434,509/£339,411/€396,279).

 

 

The Main Talking Points

  • Masahiro Noda's Danox Co Ltd is a familiar name on the buyers' sheet at JRHA and was prominent once more. Noda signed for seven yearlings, including the day's co-topper, lot 4, the ¥310 million ($2.2m) colt by Kitasan Black (Jpn) out of the GI Mother Goose S. winner Include Betty (Include), who was bred and sold by Katsumi Yoshida's Northern Farm.
  • Kitasan Black, a brilliant racehorse himself with seven top-level wins including the Japan Cup and Arima Kinen, is now known as much for being the sire of the world's top-rated racehorse Equinox (Jpn). The Shadai Stallion Station resident had six yearlings offered on Tuesday, sold for a collective ¥977 million ($6.8m) at an average of ¥163 million ($1.14m).
  • European sires did not, understandably, feature in abundance in the catalogue, but one of the highlights of the day came with the sale of the sole Wootton Bassett (GB) yearling in the catalogue, a full-brother to Alison Swinburn's GI Breeders' Cup Filly and Mare Turf and G1 Prix Jean Romanet winner Audarya (Fr).  Teruya Yoshida had bought her dam, the Doumen-bred and-trained Green Bananas (Fr) (Green Tune), in a private transaction and sent the mare on a return visit to Wootton Bassett at Coolmore before bringing her to Japan. From the family of top world travellers Jim And Tonic (Fr) and Mauralakana (Fr), the colt (lot 102) was bought by Makoto Kaneko, former owner of Deep Impact (Jpn), for ¥270 million ($1.9m).
  • There was similar success for Shunsuke Yoshida's colt by Kingman (GB) out of the Littleton Stud-bred Cosmopolitan Queen (GB) (Dubawi {Ire}), a full-sister to G1 Juddmonte International winner Arabian Queen (GB). The mare had been bought carrying this colt (lot 16) at Tattersalls for 320,0000gns. She is already the dam of a dual winner by Frankel (GB) and this grandson of the G2 Lancashire Oaks winner Barshiba (GB) (Barathea {Ire}), from a family synonymous with Jeff Smith and the stable of David Elsworth, duly fetched ¥300 million ($2.1m) to a bid from TN Racing.
  • The businessman behind the relatively new outfit TN Racing prefers not to be named but he nevertheless made a significant impact at the sale on Monday. His eight purchases totalled ¥1.2 billion ($8.5m) and included one of the day's co-top lots (20), a Silver State (Jpn) half-brother to the G1 Belmont S. winner Palace Malice (Curlin) and three-parts-brother to GI Tenno Sho (Spring) winner Justin Palace (Jpn) (Deep Impact {Jpn}). TN Racing currently campaigns the 3-year-old colt Photon Blue (Jpn) (Heart's Cry {Jpn}), a ¥135 million Select Yearling purchase in 2021 and third in the Listed Principal S. at Toyko this past May.
  • Monday marked the last time the late Duramente (Jpn) would feature among the Select Sale yearlings. The sire of this season's dual Classic-winning filly Liberty Island (Jpn) sits in second place in the sires' list and his 14 yearlings to pass through the ring returned an average price of ¥105 million ($737,000). These included the half-sister to dual Horse of the Year Gentildonna (Jpn) (Deep Impact {Jpn}), who sold as lot 94 from Northern Farm and was among the TN Racing purchases at ¥210 million ($1.5m).
  • Bricks and Mortar, a son of Giant's Causeway and a champion on the turf in America, has his first runners this season and has been represented by two winners to date. He was well represented by members of his second crop during the yearling session, with 13 sold for an average ¥63 million ($442,000). Two of those made in excess of a million dollars, including lot 75, a colt out of the Group 2-winning sprinter Solveig (Jpn) (Daiwa Major {Jpn}) who was bought from Shadai Farm for ¥220 million ($1.5m) by Susumu Fujita.
  • Unusually for bloodstock sales, the reserve prices for the yearlings in Japan are published ahead of the sale, though it is traditional for the first and last lot though the ring to be offered without reserve. There was little danger that the sale would start with a whimper rather than a bang, however, as first up was a colt by the popular Kizuna (Jpn) out of the G1 Queensland Oaks victrix Youngstar (Aus) (High Chaparral {Aus}). He got the day off to a successful start when selling for ¥210 million ($1.5m) and was another on the list of Susumu Fujita.
  • Suave Richard (Jpn) has made a positive start with his first juvenile runners this year and already has four winners on the board, to put him in second place behind the dirt miler Moanin. David Redvers, who has been at the sale with the Qatar Racing team of Sheikh Fahad, Hannah Wall and Peter Molony, was the sole overseas purchaser listed on Monday when signing at ¥50 million ($350k) for a yearling by Suave Richard, who was ridden to glory in the Japan Cup by Qatar Racing's jockey Oisin Murphy. The filly (lot 202), a half-sister to the shuttle sire Tosen Stardom (Jpn) (Deep Impact {Jpn}), will be trained by Mitsumasa Nakauchida.

 

 

 

View From Yoshida

Katsumi Yoshida, director of the JRHA and the sale's leading consignor through his Northern Farm, addressed the large press pack in attendance at Northern Horse Park at the close of the day's trade.

He said, “It was a very strong market this year again. I think every year this is the strongest market in the world. The horses sold well within every price range and there were some new buyers who were very active and bought some of the expensive horses.”

Yoshida continued, “I am especially pleased with the results because there are none of the 'big three' stallions now–Deep Impact, King Kamehameha and Heart's Cry–but all the stallions were well received across the range of stud fees. 

“We had seven yearlings by Duramente that were sold for over ¥100 million today. This is his last crop, so they had a premium on them, but they had good pedigrees top and bottom. 

“We are looking forward to tomorrow. The foals are very good and the market should be strong again.”

The foal session gets underway at 9.30am local time after a 90-minute viewing session of the youngsters and their dams within the park.

 

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Ascot Racecourse Announces 2022 Financial Results

Edited Press Release

The turnover at Ascot Racecourse exceeded £100 million for the first time with a strong recovery from COVID-19 last season. The return to profit will allow for record prize money of £17 million set to be returned to the sport in 2023 and a voluntary increased loan repayment will help reduce debt ahead of schedule. The 2022 business summary highlighted several points of improvement:

  • A return to profit with a pre-tax profit of £3.4m after two difficult years of COVID-19 restrictions. This compares to a pre-COVID profit of £7.3m in 2019, highlighting significantly increased overheads and operating costs in the current economic climate.
  • Turnover rose by 161% to a record level of £101.4m with hospitality and admission revenues recovering strongly.
  • Attendance at Royal Ascot 2022 bounced back from COVID disruption to 273,465 with a total for the full year, excluding industry joint venture QIPCO British Champions Day, of 483,424.
  • Strong broadcast reach: World Pool turnover and international interest helped grow diverse revenue streams. Royal Ascot 2022 was broadcast into over 170 territories including NBC terrestrial coverage in America on the Saturday, reaching 2.5 million unique viewers, up 47% on 2021.
  • The loan agreement was renewed during the year and the term of the loan was extended by a minimum of three years.
  • £6m of the loan was repaid in 2022 (a £3m mandatory repayment and a voluntary partial early repayment of £3m) and the revolving credit facility of £5m, drawn down in March 2020, was repaid. Net debt at 31st December 2022 was £17.2m (2020 £25.4m).
  • The standby loan facility of £20m arranged through the Government CLBILS scheme remained undrawn during the year and matured at the end of April 2023. This was replaced by a revolving credit facility of £12.5m which remains undrawn.
  • Strong 2022 performance enabled record planned prize money in 2023 with £17m set to be on offer, an increase of £1.33m versus 2022. This excludes the £4.45m on offer at the industry joint venture fixture, QIPCO British Champions Day. Prize money at Royal Ascot 2023 was £9.52m, an increase of 10% over 2022.

Alastair Warwick, Chief Executive Officer at Ascot Racecourse, said:

“The figures for 2022 show that Ascot has recovered strongly from the impact of the pandemic. Last year's performance, headlined by record turnover, gave us the confidence to invest in the business this year, including reaching the £17m prize money mark for the first time.

“Having further reduced our debt, including through a voluntary additional repayment, we are in a good position to continue to improve both prize money and facilities.

“We are particularly encouraged to have seen strong attendance and hospitality metrics at Royal Ascot this year, the first under the reign of King Charles III. We had incredibly competitive, international fields and World Pool betting continues to be strong while viewing figures on ITV were excellent, including a peak of over a million every day and a ten year high for the final day.

“Their Majesties The King & Queen attended on all five days and it proved to be a very special occasion with Desert Hero carrying the Royal silks to victory, whilst Frankie Dettori signed off his Royal Ascot story with a ninth Gold Cup win.

“I would like to thank all our hard-working staff and our commercial and broadcast partners for their continued commitment to Ascot.”

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