The yearling buying groups who have collectively purchased as yearlings the likes of future stallions such as Capitalist, Farnan, King’s Legacy, Prague and Anders today announce that they will be joining forces for their purchasing at the major yearling sales in 2025.
This landmark collaboration will see Tony Fung Investments participating in acquisitions for both the JHB Colt Partnership and the JHB/Michael Freedman Filly Partnership.
“As the market continues to evolve, so must we,” said James Harron.
“Historically, we’ve been fierce competitors in the sales ring with Tony and his team. However, given our shared focus on acquiring and developing elite horses to maximize on-sale value and build enduring stallion equity for our partners, this partnership is a natural next step. I have tremendous respect for the achievements of Tony and his team, and believe this alliance represents a great opportunity for all involved.”
John Fung, Tony Fung’s son commented, "Early days when I first landed in Australia, I asked my team who was the competitor we ought both fear, and look to for inspiration, and my team unequivocally said the team at James Harron Bloodstock.”
John Fung went on to say, “Over the November sales in Kentucky, our teams began developing the idea to combine our energies and maximize value for the foreseeable future. Today, I am thrilled that we have found our way to this exciting collaboration. I look forward to learning from James and his team over the next few years, and to all the opportunities which the upcoming sales present. I truly think that my family’s future in this industry has been enhanced by this partnership.”
James Harron explained, "We will work together to buy both colt and filly prospects in 2025, with the horses then entering the hand-crafted JHB management system to give them the very best chance of racecourse success. When the time comes to capitalise on such success, the two teams will draw on their combined expansive experience in this area, to maximise the returns for all involved. I am proud of the partnerships that we have built over the years, always with the aim of giving our owners a great way to race quality horses on the big days, while maintaining a strong commercial focus.”