New Zealand Bloodstock (NZB) is marking a century of national thoroughbred yearling sales with its 100th annual auction at Karaka, a venue that has hosted the event since 1988. Despite historical challenges like World War II, the Great Depression, COVID-19, and recent floods, NZB remains optimistic about the sale’s prospects, supported by strong breeder backing and a diverse group of buyers, including prominent international trainers and agents. The sale has been streamlined into a two-day Book 1 and a one-session Book 2, allowing all yearlings to be inspected simultaneously, which has been well received. Additionally, a weak New Zealand dollar offers a competitive advantage for Australian buyers, while the success of New Zealand-bred horses in Australia, Hong Kong, and China continues to bolster confidence.
The local racing industry is showing signs of revival, highlighted by the lucrative Karaka Millions meeting with nearly $5 million in stakes, attracting unprecedented Australian interest. Long-time buyers like John Foote and Te Akau’s David Ellis remain committed to the Kiwi breed, praising its quality and potential for middle-distance racing, which contrasts with the speed-focused breeding in Australia. With strong domestic and international participation and improved prize money, NZB anticipates a positive outcome for the landmark sale starting Sunday.
