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Coolmore China Horse Club Purchases To Remain In Australia

Tuesday, 16th April 2013

In a joint release by China Horse Club and Coolmore, it has been confirmed that the yearlings purchased jointly by the partnership will remain to be trained in Australia. The headline-making purchases included colts by Coolmore's reigning Australian champion sire Fastnet Rock, for $2.4 million & $1.5 million, respectively. The statement says the purchases are part of the ongoing collaboration between Coolmore and its joint venture partners in China. This included the announcement last year where Coolmore Stud was invited to partner with the Chinese Government-owned Tianjin State Farms Agribusiness Group and Desert Star Holdings, an affiliate of the China Horse Club, to establish the breeding operation for China's major new world class Tianjin Equine Culture City (TECC) project. The centre is located at Tianjin, the trading entrance for Beijing and China's fourth most populated city, with over 12 million people. It is also home to 260 of the Fortune 500 companies. The new project has been valued at US$2 billion and, once complete, will feature:

  • 4,000 horse stalls
  • State-of-the-art Horse Clinic;
  • 150 trainers' offices;
  • Training tracks;
  • An international standard racecourse;
  • Signature grandstand and Clubhouse;
  • International Equestrian College; and
  • Horse auction house
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