Fusao Sekiguchi, who raced 2000 Kentucky Derby (gr. I) winner Fusaichi Pegasus, paid a world-record price for a foal sold at public auction when he acquired a Dance in the Dark colt for ä490,000,000 ($4,537,037) during the first day of the Japan Racing Horse Association sale Monday.
Consigned by Northern Farm, the colt was produced from Japanese Horse of the Year Air Groove on April 5, 2004. Dance in the Dark, a son of the deceased leading Japanese stallion Sunday Silence, was the top 3-year-old colt in Japan in 1996 and was leading first-crop sire in Japan in 2000.
The colt is still a suckling, meaning that he was still with his dam while at the sale.
The previous record price for a suckling or weanling was the $4,424,438 paid by American owner Satish Sanan for Paduas Pride, a son of Caerleon purchased from the Barronstown Stud consignment to the 1997 Tattersalls November sale.
Another son of Dance in the Dark brought the sessions second-highest price of $1,583,333. Produced from the Risen Star mare Star Ballerina, the colt was purchased by Takaya Shimakawa from the Shadai Farm consignment.
The JRHA reported 122 of the 159 horses offered were sold for a gross of $37,208,333, an average of $304,986, and a median price of $224,537.
The sale at the Northern Horse Park on the island of Hokkaido was scheduled to conclude Tuesday.