| From the Thoroughbred Daily News, July 14, 2011:|
I am writing today because I would like to give TDN readers an update on the recent charitable project 'Hats Off for Japan' in which so many people from the Thoroughbred horse racing industry participated. We received 3,152 hats from horse farms and racing fans all over the world to sell to horse lovers and racing fans in Japan in order to raise money for the horses and farmers affected by the sudden tsunami and subsequent nuclear disaster that struck the Fukushima province of Japan in March, 2011.
So far, 2,718 caps have been sold to racing fans and supporters in Japan (through the end of June). The total funds raised, which consisted of profit from selling hats and cash donations, was JPY 9,329,521 (US$115,707.81). One hundred percent of the funds raised are going to be remitted to Minamisoma City Hall, Tsunami Orphan Fund, and the Retired Horse Association (RHA which is a non-profit organization to save suffering horses after the big earthquake and tsunami).
The project became a big 'Wake Up' call in Japan and encouraged the Japanese horse community to be positive and work to revive itself. It is also the first charitable action ever in Japan from people in the horse society. All the donated hats serve to remind the Japanese people that the global Thoroughbred industry is thinking of the suffering in the area and that they want to help. It was also a big surprise for the Japanese community to know that we horse lovers overseas carried out the project.
We would like to extend a special thank you to the two Japanese racing authorities, JRA and NAR, who gave the project tremendous time and support and also to Ms. Atsuko Meguro, the most famous horse-racing TV program newscaster in Japan. When Ms. Meguro heard about the "Hats Off To Japan" project, she immediately organized a volunteer team with 15 other members including reporters, racing journalists, and even a few famous Japanese actresses. They spent their personal time to handle online orders and sell hats at all the major race meets at the JRA and NAR racecourses across Japan and even autographed many of the hats for their fans.
There were 370 Soma ponies around Minamisoma in the past but now only 152 horses are alive. The project's funds are going to be used for the treatment of injured horses by volunteer veterinarians and to support breeding programs for the endangered Soma ponies.
The good news is that in spite of the huge reduction of horses, Minamisoma finally decided to go ahead and hold the 'Soma Nomaoi Festival' at the end of July, a tradition which has been held for over 11 centuries.
As for future plans, the volunteer team will hold a hat sales event at two major racecourses on July 18 and that will end "Phase 1" of the "Hats Off" project. Since the recovery of the Fukushima province--its people and its equine community--will take as many as 15 years or more, the Japanese equine community would like to hold another fund-raising project in the future to keep the morale of the people up. It is their sincere hope that the global equine community will again be able to help and support them to let the Japanese people know that they are not forgotten. They are considering a project perhaps later this year or sometime next year, but plans have not been finalized.
On behalf of the JRA and the NAR, and the people of the Japanese horse community and the Fukushima province, I would like to extend their deep gratitude to all of the people, farms and fans who donated their hats, their money and their time to the "Hats Off For Japan" project. We would like to specifically thank the following donors, listed below. We have listed their countries to show the true international support this project received. - Dr. Naoya Yoshida, Winchester Farm
"Hats Off For Japan" Donors
Alltech - USA, Amburgey's Farm Machinery - USA, Arion Pedigrees (Andrew Stewart) - NZ, Ashford Stud (Coolmore) - USA, Julie Bell (Woodbine Entertainment) - CAN, Laurie Berenson - USA, Elizabeth Blythe - USA, Breeders' Cup, Ltd. - USA, Brushwood Stable (Mrs. Betty Moran) - USA, Calumet Farm - USA, Canadian Thoroughbred Horse Society - CAN, Suzanne W. Cardiff - USA, Castleton Lyons Farm - USA, Chanceland Farm - USA, Churchill Downs, Inc. - USA, Claiborne Farm - USA, Coolmore Australia - AUS, Coolmore Ireland - IRE, Alan Cooper - UK, Keith Cooper - USA, Janet Cropper - USA, Dalham Hall Stud - UK, Dapple Bloodstock - USA, Darby Dan Farm - USA, Darley Australia - AUS, Darley America - USA, Nick de Meric - USA, Denali Stud - USA, Derrinstown Stud - IRE, Dogwood Stable - USA, Jean-Pierre and Francoise Dupuis - USA, Eaton Sales - USA, Edition Farm - USA, Charles Engel - USA, Andre and Elizabeth Fabre - FR, Fasig Tipton Sales Company - USA, Gainesway Farm - USA, Gallagher's Stud - USA, Godolphin Management - UK, Hallway Feeds (Steve Caddel) - USA, Lena Hedberg (Hedberg Hall, Inc.) - USA, Hermitage Farm - USA, Hill N Dale Farms - USA, Carol Holden (Sporting Life Stable) - USA, Hong Kong Jockey Club - HK, Horsehats.com (David Williams) - USA, Hunter Valley Farm - USA, Irish Thoroughbred Marketing - IRE, Peter Jegen - SWI, Juddmonte Farms - USA, Bill Justice - USA, Keeneland Association - USA, Kiger Insurance, Inc. - USA, Kildangan Stud - IRE, Ron Kirk - USA, Kirkwood Stables (Kip Elser) - USA, Kris S Bloodstock (Kris Stuebs) - USA, KTOBA - USA, Lane's End Farm - USA, Mrs. Pierce Lyons - USA, John Magnier - IRE, Newmarket Equine Hospital - UK, Niall Brennan Training Stable - USA, Niarchos Family - UK, Overbrook Farm (Mrs. Lucy Hamilton) - USA, Paramount Sales - USA, Pavenstedt & Pauli, Inc. - USA, Pedigree Research Consultants - USA, Pin Oak Stud - USA, Todd Pletcher - USA, Jamie Railton Bloodstock - UK, Ramsey Farm - USA, Robert Scanlon Training Center - USA, Rockwell Farm - USA, Jim Scott (Kinsman Farm) - USA, Anna Seitz - USA, Shadwell Farm - USA, Sierra Farm - USA, Spendthrift Farm - USA, Stephens Thoroughbreds - USA, Taylor Made Farm - USA, The Curragh Race Course - IRE, The Jockey Club - USA, Three Chimneys Farm - USA, Wavertree Stables (Ciaran Dunne) - USA, Rob Whiteley (Liberation Farm) - USA, William Inglis and Son, Ltd. - AUS, Willow Oaks Farm - USA, Winchester Farm - USA, Woodford Thoroughbreds - USA, Eddie Woods Training Stable - USA, Barbara Zimmer - USA.
| The 2007 Keeneland November Sale spanned 15 days, from November 5 to November 19, and broke several records. A record number of horses - 5,415 – were catalogued (4344 were offered and of those 3381 or 78% were sold). The record-setting gross for the sale was US $340,877,200 and $10.5 million was the world record price for a broodmare at public auction - paid by John Ferguson (agent for Sheikh Mohammed) for the mare PLAYFUL ACT. PLAYFUL ACT (by SADLER’S WELLS out of the SILVER HAWK mare MAGNIFICENT STYLE) was bred to KINGMAMBO but had slipped before the sale.
Perhaps the most significant numbers from the sales however were these:
39 horses sold for US $1 million or more – all broodmares or broodmare prospects. The market definitely favored young mares with fashionable pedigrees and strong race records.
The sale median remained at $35,000 – consistent with the medians in 2006 and 2005 and indicative of real market strength.
An estimated $132 million of the record gross came from international buyers who made their presence felt not just at the top of the market but throughout the middle market as well. Due in part to the strength of foreign currencies in relation to the US dollar, this also demonstrates the strength of the Thoroughbred market globally and the demand for top quality pedigrees that are not easily found outside the US and Europe. As more countries acquire top bloodlines and continue to improve their breeding base, no doubt we will see an increasing trend toward more international racing competitions like the Dubai World Cup Festival and the Hong Kong International Races.
The top 10 weanling fillies sold for a total of $7,135,000 with an average of $713,000 and a median of $629,375. In comparison, the top 10 weanling colts sold for a total of $5,315,000 with an average of $531,500 and a median of $500,625. More and more end buyers are investing in weanling fillies with solid residual value as broodmares – perhaps in an effort to offset the higher market prices.
As strong as this November sale was, expect the upcoming January Sale to follow similar trends. There were many buyers, especially domestic, who were unable to compete with foreign currency strength to fill their buying quotas at this November sale. No doubt they will try again in January and hope that most international and end buyers got their fill this time around.
Winchester Farm was able to secure several nice broodmares and weanlings for their clients at this November Sale and we expect to do so at the January 2008 sale as well. Please let us know if we can be of service for your bloodstock needs. Contact Marie Yoshida, Director of Sales, at (1) 859-539-1515.
For more Keeneland November Sale statistics, visit The BloodHorse Now: Click Here!