Sales

Round-Up: Blue Chipper & Tiz Plan Beaten, Jangsu Sales Results, 2020 Losses, Jeju Selections for Friday May 7

Both Blue Chipper and Tiz Plan met their matches at Busan and Seoul last weekend. While both were beaten by good horses, it was more the weight advantage they were giving away that saw the two (literal) heavyweights trail home 2nd in their respective features on Sunday.

With minimal income entering into the industry for more than a year now, there are currently no Listed or Stakes races races for the top horses to compete in. That means they need to take part in handicaps where they will, naturally be giving a lot of weight away. Blue Chipper conceded 9kg to the up and coming Doctor Carson (Hansen), who continued to burnish his reputation as he defeated the champion by a length over 1200M

It was a similar story at Seoul for Tiz Plan. He too was game but was unable to match the finish of Brigadier General (Tapit), an Australian-bred five-year-old, who came past him in the closing stages to score by three-quarters of a length. Both Blue Chipper and Tiz Plan received 2nd place prize money of 15 Million Won ((US$13,317), a far cry from what they would have expected to have been competing for in normal times.

The grim state of affairs was apparent Jangsu Breeze-up sale last week, one of the main Juvenile sales to take place on the mainland, where business was sluggish. Just thirteen of the fifty-three lots offered reached the minimum reserve price of 10 Million Won. Overall it was a slight improvement on last year but well down on the same sale two years ago in terms of numbers sold and in average price, with purchasers uncertain if and when their horses will ever be able to run.

The Testa Matta colt (Pic from screengrab of the sale feed)

The sale-topper was a colt by Testa Matta and out of the Giant’s Causeway mare Coulis De Fraises., bred by Nokwon Farm and bought for 60 Million Won by owner Park Cheol-geun. He fetched almost double the next best, an Old Fashioned filly out of Revereduction (by Revere).

Meanwhile, local media has been reporting that financial figures for Korean “Public” (i.e. government run) companies for 2020 are out and they are, to put it mildly, not good. The Korea Racing Authority swung from a 144.9 Billion Won (US$128.8 Million) profit in 2019 to a 436.8 Billion Korean (US$338.3 Million) loss in 2020 caused by a total collapse in wagering revenue after February. The loss surpassed that even of the Incheon Airport Corporation whose own Covid crisis saw a loss of 423 Billion Won last year.

Racing has been kept going at reduced prize money levels by using “Emergency Reserve” funds, However, local media has reported that these will be finally exhausted in July. Barring something unexpected happening, there seems little prospect on restrictions on attendance at the racecourses and off track betting sites being lifted to an extent that would allow a break-even point to be reached any time soon so it appears the only hope of saving the industry in any recognizable form lies in the legalization of online sales of betting tickets.

Racing continues though so let’s turn attention to the weekend where we will have the same schedule as recent weeks. Jeju will run a pony race meeting on Friday while Seoul and Busan will run thoroughbred-meets on both Saturday and Sunday. The only betting outlets open will be those in Jeju, Daegu, Gwangju, Changwon and Cheonan (advance reservation by My Card app required). Here are some selections for Friday’s Jeju Pony meeting:

Race 1: 7, 6, 2, 8

Race 2: 3, 8, 1, 4

Race 3: 5, 3, 9, 10

Race 4: 9, 6, 2, 4

Race 5: 8, 4, 7, 6

Race 6: 7, 2, 3, 9

Race 7: 7, 1, 12, 8

Race 8: 2, 11, 4, 8

Race 9: 7, 3, 8, 5

Race 10: 12, 3, 9, 2

Race 11: 12, 2, 3, 5

Race 12: 7, 1, 10, 9

Jeju 2YO Sales To Go Ahead May 12

Jeju Island, the centre of Korea’s thoroughbred breeding industry, will finally play host to its first sale of 2020 with the Korea Thoroughbred Breeders’ Association Jeju May Sale of Two-Year-Olds takng place on the island on Tuesday May 12th.

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Jeju’s sales ring will see action for the first time this year on Tuesday

The May sale is usually Jeju’s second of the year, however, the planned March sale had to be scrapped due to the COVID-19 outbreak. Attendees will be temperature checked and required to wear facemasks.

A total of 151 juveniles will be offered at the sale, including thirteen by Take Charge Indy, who returned to the USA last summer.

April’s smaller Mainland Two-Year-Old sale did go ahead at Jangsu two weeks ago when twenty-two were sold with an Alternation colt out of Fictionality (by Tale Of The Cat) fetching the highest price at KRW 69 Million.

The Sale Catalogue can be found here.

As for when actual racing can take place, plans are at an advanced stage for a resumption before the end of May with all the major relevant authorities reportedly having come very close to giving approval. However, the recent “Itaewon Outbreak” has threatened to derail those plans.

 

Menifee Fillies Top Jeju Sale While Sharp Humor Settles In

A pair of fillies by Menifee (Harlan) fetched the highest bids at last week’s May Two-Year old Breeze-Up Sale on Jeju Island.

Top Bids: Menifee (KRA)

A filly called Pureun Energy out of the Australian mare Cheongsan Ilho (General Nadiym) topped the list closely followed by an as yet unnamed filly out of US mare Hello Dyna (Dynaformer).

A total of sixty-four two-year olds were successfully sold in the sale. Here are the top five with vendor, buyer and price in US Dollars at today’s exchange rate:

1. Pureun Energy (Filly) [Menifee-Cheongsan Ilho (General Nadiym)] – KRA – Park So Yi – $125,000
2. Unnamed Filly [Menifee-Hello Dyna (Dynaformer)] – Kim Eul Bun – Lee Tae Hee – $103,000
3. Unnamed Colt [Forest Camp-Dewhurst House (Emarati)] – KRA – Lee Tae Hee – $80,000
4. Yongwanggui Race (colt) [Forest Camp-Proud Girl (Demaloot Demashoot)] – KRA – Byun Chang Deok – $68,000
5. Unnamed Colt [Pico Central-Glorious Dawn (Elusive Quality)] – Im So Yeon – Han Young Hee – $63,000

Menifee , who underwent life-saving surgery earlier this year, and Forest Camp dominated the sale although there was some representation too for Vicar and established Korean sires Exploit and Didyme.

There is plenty of competition coming their way soon though with new arrivals such as Ecton Park and Officer busy covering mares. Meanwhile, the KRA has released pictures of its newest purchase, Sharp Humor (Distorted Humor), who arrived in Korea in February, in Jeju Island in the snow earlier this spring:

Sharp Humor on Jeju Island (KRA)

Sharp Humor on Jeju Island (KRA)

Pictures – and a video – at the Chulgigi Racing Blog (Korean)

Menifee Colt Fetches Top Price at Jeju Spring Sale

The Jeju Spring Two-Year-old sale was held on the southern island last week and it was a colt by Menifee that fetched the highest price of 160 Million won (US$150,000).

The Jeju Sales are the nation's biggest

A total of 44 lots were sold during the two-day sale – 19 less than last year – with 26 of those headed for racing at Seoul and 18 to Busan.

The vast majority of those unsold will be raced by their breeding farms.

While the total number sold was down, the average sale price was up by almost 13 Million Won to 56 Million won ($50,000).

Menifee accounted for 3 of the top 5 most expensive purchases including the top 2; the as yet unnamed colt out of the US bred broodmare Delicias [Deputy Minister – Greyciousness (Miswaki)] who went for the top price and another colt out of Sorority Jazz [Dixieland Band – Miss Charity Ball (Talc)] called Fantastic Jazz who fetched 130 Million Won. Sorority Jazz is the dam of 2008 Korean Derby winner Ebony Storm.

The only other Stallion who featured frequently above the median sale price was Forest Camp. His top lot was a colt out of Straight Cash [Straight Man – Mystery Clearance (Mystery Storm)]* who went for 100 Million Won.

Previous top lots at the Jeju spring sale have gone on to success. Champion Belt (Exploit), the most expensive purchase in 2010 was fourth in the Korean Derby and has two wins to his name, while Dream Tower (Forest Camp), who fetched the most a year ago, will run in the KRA Cup Mile, the first leg of the Korean Triple Crown, at Busan on April 8.

* Straight Cash was a $16,000 purchase from OBS April sale in 2005 and went on to become a double-Stakes winner in Korea, taking victory in the 2005 JRA Trophy and the 2006 Segye Ilbo Cup. A reader left a note on this site earlier this year looking for information on her, having found her dam, Mystery Clearance “in bad shape” at a horse rescue in the USA.

Mystery Clearance was never a racehorse, just a broodmare and the new owner was told she had only ever been used as a surrogate dam. She was taken out of the Rescue and apparently she is now being ridden. The horse racing world is small.