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Media Release July 23 2002
The World's most expensive stallion, Fusaichi Pegasus, is the star attraction in EquineUnited's innovative Unborn Foal Auction, a world-first concept powered by Yahoo (Australia and New Zealand).
Fusaichi Pegasus, who had been bought as a yearling for US$4 million, cost world-leading Thoroughbred stud farm Coolmore some US$70 million after he'd won the 2000 Kentucky Derby. He commanded a stud fee of US$150,000 per mare in his first year of active service last year and will stand in Australia this year at a fee of Aus$110,000.
Earlier this month, two foals by Fusaichi Pegasus were sold in Japan. Each foal made approx Aus$2 million!
The most cost-effective way to buy bloodstock, however, is not to purchase yearlings, or even foals for that matter. The most cost-effective way to buy bloodstock is to buy unborn foals.
If a foal or yearling can be sold for many times the stud fee that produced it, then the most cost-effective entry-level into the business has surely to be at some point in between stud fee and foal-value. And the on-line purchase of unborn foals - for the first time ever - provides just such a point of entry for investors.
Fusaichi Pegasus, moreover, is but one of the stars of the EquineUnited auction. The most successful stallion available in Australasia this year is multiple champion sire Zabeel, one of whose unborn foals will be offered in this Yahoo-powered auction. Zabeel has already produced a Melbourne Cup and Cox Plate winning champion in Might And Power, as well as 'the people's champion' Octagonal, himself now a very successful stallion. Zabeel, who resides at Sir Patrick Hogan's famed Cambridge Stud in New Zealand, has long been fully booked for this coming stud season.
Zabeel's close relative Carnegie, himself a winner of Europe's most prestigeous race, the Prix de l'Arc de Triomphe, is another leading sire with an unborn foal for sale. Carnegie, owned by Sheikh Mohammed of Dubai, stands at a stud fee this season of Aus$66,000 and is also fully booked for this season.
After the recent high profile J.R.A. weanling sale, buyers warmed to the stock of the well bred G1 winner Tayasu Tsuyoshi. The highest price paid was the equivalent of $US218,000, and the average for the trio was $US168,000.
Neither love nor money will get you a mare to the following quartet of stallions either -Snippets, Strategic, Encosta de Lago and Catbird. First-named is dead and the other three are over-subscribed to the point of long waiting lists for their services. A successful bid at the EquineUnited auction, however, will get you one of their progeny!
You can also access progeny of leading American stallion Phone Trick, whose unborn foal on offer is from one of the world's best female families. Or progeny of Japanese-based Jade Robbery, whose Widden Stud-consigned representative is from one of Australia's best families.
Arrowfield Stud has, quite literally, a Special entry - an unborn foal, by Golden Slipper winner Danzero, of great racemare Special.
Supporters of this unique on-line auction include the biggest stud conglomerate in the world, Coolmore; the oldest stud farm in both Australia and the world, Widden, and the stud whose tax-reform efforts revolutionised the Australian industry, Arrowfield. Other supporting consignors include leading stud farms from New South Wales, Victoria, Queensland, South Australia and West Australia, as well as New Zealand and South Africa.
The catalogue can be previewed now at www.equineunited.com. The complete catalogue will be available from Friday, July 26, whilst the Auction itself takes place on Wednesday 31st July and Thursday 1st August.
For more information, call
Niall Power on 0417 240262,
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