$420,000 Press Statement Colt Sets Pace at NZB Ready to Run

Media Release - Wednesday November 20

Hong Kong trainer Dennis Yip struck early on the first day of New Zealand Bloodstock’s Ready To Run Sale of 2YOs at Karaka on Wednesday, securing lot 9, the Press Statement colt out of Karata from Riversley Park’s draft for $420,000.

$420,000 Press Statement colt from KarataYip was impressed with the pedigree of the colt, whose granddam is four-time Group One winner and Gr.1 Melbourne Cup (3200m) heroine Let’s Elope.

“I think he has a very good pedigree, he is from a very good family,” Yip said. “Hopefully he will become a good stayer in Hong Kong.”

Yip was also struck by the colt’s physical presence, which he thinks will suit handicap racing.

“He is a strong looking horse, which will be good for the handicaps. If they are strong they can carry more weight,” he said.

Yip purchased the colt for Hong Kong clients and said he will remain in New Zealand in the immediate future before heading to Hong Kong where he will be set towards the Hong Kong Derby (2000m) as a four-year-old.

Advertisement

“We will leave him in New Zealand for six months and then give him more time to acclimatise in Hong Kong,” he said.

“Hopefully he is a Hong Kong Derby horse, that is what everyone wants. The family can stay, so hopefully he can improve. Hopefully he can become a good horse.”

The colt was pinhooked as a yearling in Melbourne earlier this year for A$165,000.

Hong Kong has developed a strong association with Australasia’s leading breeze-up sale, with graduates of the ilk of dual Group One winner and Hong Kong Champion Sprinter Beat The Clock, who was purchased out of Prima Park’s 2015 draft for $200,000. – NZ Racing Desk

Advertisment
More Reading...
First Season Sires – Press Statement
Our series on Magic Millions first season sires continues with the focus falling on Vinery Stud’s Press Statement, the first son to stud of Yarraman Park’s much missed Hinchinbrook, a three-quarter brother to Snitzel.
Sires With Winners - Thursday December 1
Here is the full list of 26 stallions which had winners throughout Australasia today with winners and result details.
Widden Produce the Magic Winners
The beauty of buying a Magic Millions yearling is their eligibility for a rich program of races scheduled around the country and no farm has a better record for producing the winners of these races than Widden Stud with Unit Five the latest name added to the list.
2025 Breednet Favourite Foal Winner
Firstly we’d like to thank everyone for taking an interest in our foal gallery and supporting their favourites, but there can only be one 2025 Favourite Foal and Vinery Stud’s first season sire Hawaii Five Oh has gained a jump on his rivals in producing his first winner!
Sword of State Yearlings to Lure Buyers to Karaka
Cambridge Stud stallion Sword Of State was represented by yet another highly promising two-year-old when the Bjorn Baker-trained Warwoven ran out an impressive winner of the TAB Plate (1000m) at Randwick on Saturday.
Sires With Winners - Monday December 22
Here is the full list of 20 stallions which had winners throughout Australasia today with winners and result details.
Tara Talks Racing - The Christmas Episode
A quickie to end the year and wish our listeners a very happy Christmas as we pick apart the Magic Millions contenders that have jumped out of the woodwork in the past week, who do we like heading into the Christmas break?    
Cambridge Stud Looking Forwards to 2026 with Sword of State
Young Cambridge Stud stallion Sword Of State has landed another timely winning blow across the Tasman.
Apulia Unleashes Devastating Perth Cup Trial
Lightly raced five year old entire Apulia produced one of the best Perth Cup trials seen in years when he produced a finish Bernborough himself would have admired to take the weight for age G2 Ted Van Heemst Stakes at Ascot.
Press Statement Yearlings Primed for Classic
Vinery sire Press Statement has 22 yearlings heading to the Inglis Classic Sale next week on the back of a very encouraging start at the Magic Millions and one of his star lots is closely related to Magic Millions 2YO Classic winner Exhilarates.