Chinese buyers are a boon to New Zealand's horse racing industry – though the sport in mainland China remains stifled, if not illegal.
There was "almost zero" Chinese investment in racing seven years ago, said NZ Bloodstock (NZB) sales manager Danny Rolston.
But New Zealand-based and overseas Chinese have become welcome and major players in New Zealand's notoriously cash-strapped horse racing industry.
We are proud to announce that we are changing our company name from New Zealand Chinese Jockey Club to Taniwha Horse Group.
Bought for just $57,500 at the 2016 Premier Sale, Melody Belle (NZ) (Commands) is now a four-time Group 1 winner.
$40,000 Select Sale graduate On The Rocks (NZ) (Alamosa) was already a dual Group 2 winner who had delivered priceless thrills for his owners, but he went to a new level in Saturday’s $400,000 Group 1 Herbie Dyke Stakes (2000m) at Te Rapa.
Graduates of the National Yearling Sale Series claimed 18 Group One wins and 120 stakes wins last season alone.Time and again the quality New Zealand thoroughbred attracts the industry’s heavy hitters from near and far. Their phenomenal record in Australasia’s biggest three-year-old races, and some of the most prestigious races around the world, is evidence to their winning edge.
As the hammer fell on the final run of NZB’s 2018 Ready to Run Sale of Two-Year-Olds, continued demand was evident for the progeny of leading New Zealand sires Savabeel and Tavistock.
High-class Karaka graduate Gift Of Power (NZ) (Power) made a brilliant return to top form with an all-the-way win in Friday’s $50,000 Listed FastTrack Insurance Levin Stakes (1200m) at Otaki.
Blue-blooded Premier Sale graduate Espresso Martini (NZ) (High Chaparral) greatly enhanced her value with a black-type win in Saturday’s $50,000 Listed Trevor Eagle Memorial (1500m) at Ellerslie.