‘Pride of Dubai, pictured at Coolmore Australia, is developing into a most imposing individual’
Pride of Dubai looked a picture as he was turned out for a spell ahead of the upcoming Melbourne Spring Carnival. The Peter and Paul Snowden trained colt is developing into an imposing individual and a well-earned spell is expected to see him develop further ahead of targets like the $A1 million (RMB5 million) G1 Caulfield Guineas.
Pride Of Dubai
Pride of Dubai signed off in his maiden preparation in imperious fashion with back to back G1 wins in the Blue Diamond Stakes and ATC Sires Produce Stakes to challenge Vancouver as Australia’s premier two-year-old. The duo are regarded as champion colts in the making and are already future ‘stablemates’ at Coolmore’s Hunter Valley breeding operation once their racing days are done.
Pride of Dubai and Vancouver are core members of the China Horse Club’s international racing stable and its long term business plans with both seen as high profile commercial stallion prospects that could play lead roles in the Australian breeding industry over an extended period.
The China Horse Club was singled out to partner in both colts after some of the international industries biggest players tussled for their services. Both Pride of Dubai and Vancouver are seen as ‘blue chip assets’ in what is a very buoyant industry at present. Media reports suggest both colts are valued at between $A30 million – $A40 million each and these valuations will only rise further if they can continue to build their appeal as future stallions by dominating racing next season.
Australia
Champion colt Australia, who was crowned co-champion three-year-old colt at the 2015 Longines World Thoroughbred Awards, is expected to cover almost 250 mares in his first season at stud at a fee of €50,000 (RMB337,000) per mare. Australia is part-owned by China Horse Club.
Dissident
Dissident, who closed out his career with success in the G1 All-Aged Stakes is the second stallion to retire to stud for the China Horse Club. The five time G1 winner will stand at $A35,000 (RMB170,000) for his maiden season at Newgate Farm, a price that has seen his valuation climb substantially in the time since the China Horse Club bought into him late last year. Henry Field, Managing Director of Newgate Farm, has been delighted by the response to Dissident this season and the near black stallion is expected to be fully booked this spring.
Pride of Dubai, Vancouver and the US based Daredevil are expected to retire to stud in the next 12 to 24 months and, in doing so, will add further impetus to the China Horse Club’s breeding business. This trio will lift the China Horse Club’s stallion quota at stud to five in the coming seasons and ensure there is a significant revenue stream returning to investors from markets across Europe, the United States and Australia.