JAPANE$E JACKPOT
One or two million dollars just doesn’t get you what it used to.
Was it that long ago that felonious financier Robert Brennan shook up racing’s Triple Crown with a $2-million bonus linking victories in three stakes at the now-defunct Garden State Park in New Jersey with a win in the Kentucky Derby? Spend a Buck went after and won that bonus following his runaway victory in the 1985 Kentucky Derby, leaving officials at the three Triple Crown tracks apoplectic when he skipped the Preakness and Belmont Stakes. They were so worried they went out and did the unthinkable: working together to create their own bonus scheme (which has now lapsed after Visa dropped its Triple Crown sponsorship).
The original Triple Crown Challenge bonus would pay a total of $5 million in purses and bonus money to any horse that won the Triple Crown (it was upped to a $5-million bonus plus purse money in 1997), and a $1-million bonus to the horse accumulating the most points from top three finishes in all three races. The latter bonus was dropped after the 1993 Triple Crown.
The absence of a bonus hasn’t hurt the Triple Crown, although without a participation bonus there have been fewer 3-year-olds running in all three races. I guess the feeling is that the owner of a horse that wins the Triple Crown will get his bonus when he retires him to stud (assuming he’s not a gelding or filly).
This past year, several entities clamored to get 3-year-old filly superstar Rachel Alexandra and older female champ Zenyatta in the same race. Jim McIngvale, the Houston furniture store owner better known as Mattress Mac, made the first run by offering to put up $2-million for a match race at Sam Houston Race Park in his home town. That gave McIngvale 15 minutes or so of free publicity, but it was a match race that was never going to happen. (McIngvale’s Gallery Furniture recently announced it is sponsoring a new $100,000 race on the Texas Day Champions program Dec. 5 at Sam Houston, proving he’s more than a publicity seeker. McIngvale and the Houston track haven’t given up on a race involving the two fillies, either, and offered $1.5 million if they showed up to face one another during the track’s winter meeting.)
TVG then teamed up with the New York Racing Association in an effort to get Rachel Alexandra and Zenyatta to both contest the Oct. 3 Beldame at Belmont Park. TVG offered to put up $400,000, which would increase the purse for the Grade 1 race to $1 million. That at least got some consideration from both camps, but it wasn’t in the cards for either Rachel Alexandra or Zenyatta.
Finally, the Breeders’ Cup gave it the old college try, offering to pad the winner’s share of the $5-million Breeders’ Cup Classic if both Rachel Alexandra and Zenyatta were in the starting gate. That would have resulted in a $3.7-million winner’s share of the Classic. But Rachel’s majority owner, Jess Jackson, had already made it clear he wouldn’t run his filly on the synthetic track at Santa Anita which he disparagingly calls “plastic.”
It’s no wonder, then, that the Japan Racing Association is having a hard time getting much buzz over its Autumn International series of four Grade 1 races on consecutive Sundays, beginning Nov. 15 with the Queen Elizabeth II Commemorative Cup, and continuing with the Nov. 22 Mile Championship, the Nov. 29 Japan Cup and Dec. 6 Japan Cup Dirt. The four races offer about $13 million in total purses, plus lucrative bonuses for horses that have won or finished second in major stakes in North America, Europe, Australia or Dubai.
For example, if Kentucky Derby winner Mine That Bird won the Japan Cup Dirt, a 1 1/8-mile race run clockwise at Hanshin racecourse in Osaka, he would receive $1.37 million of the $2.9-million purse but also get a bonus of $1.37 million for his Derby win, making the victory worth a total $2.7 million. That’s about the same as the Breeders’ Cup Classic’s winner’s share of its $5-million purse. I’d venture to say Mine That Bird would face a much softer field in Japan than he’ll see on the Pro-Ride track at Santa Anita. Of course, he could run in both races.
The Derby is but one of 12 American races whose winners would qualify for a bonus ranging from $525,000 to $1.37 million for winning the Japan Cup Dirt. Even a second-place finish for those horses in Japan would pay them a bonus between $210,000 and $550,000. Click here to see the bonus scheme for the Japan Cup Dirt.
The Japan Cup on turf has similar bonuses. That race winner could take home more than $4 million in purse money and bonuses and the second-place finisher could win as much as $1.6 million in purse and bonus money. Click here for complete information on the Japan Cup’s purse and bonus details.
Nevertheless, based on recent interest in the Japanese races from American horsemen, it’s doubtful many serious contenders will be shipped to Tokyo or Osaka to contest these rich races, bonuses or not. No American horse has won the Japan Cup since 1991, when the late Charlie Whittingham sent Golden Pheasant postward for a victory. Golden Pheasant was the fourth American horse to win the Japan Cup in the race’s first 11 years.
In recent years, the Japanese have dominated the race with horses they bred or bought in the West as yearlings, winning nine of the last 11 runnings. The quality of Japanese-bred horses has improved, largely through the importation of stallions and broodmares from Europe and the United States in the 1980s and ‘90s. I think Americans have gotten tired of sending their horses over to Japan and getting their butts kicked.
The Japan Cup dirt, inaugurated in 2000, has had just nine runnings, with eight going to Japanese-trained horses. The lone exception was in 2003 when the Doug O’Neill-trained Fleetstreet Dancer, a previously unheralded runner in California, posted a huge upset.
American horsemen have been leery of sending good horses to the Japan Cup dirt, in part over legitimate concerns that the dirt tracks in Japan are deep and sandy. In fact, when Fleetstreet Dancer won, it may have been due in part to the fact rain tightened up the racetrack.
There’s a lot of money at stake in the Japan Racing Association’s Autumn International races, but purse money apparently doesn’t carry as much weight as it used to for some horse owners. Either that, or American horses ain’t what they used to be.
Copyright © 2009, The Paulick Report
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Tags: autumn international, Beldame, breeders' cup classic, fleetstreet dancer, gallery furniture, horse racing bonuses, japan cup, japan cup dirt, japan racing association, jim mcingvale, jra, match races, mattress mac, mile championship, mine that bird, New York Racing Association, Paulick Report, queen elizabeth ii commemorative cup, Rachel Alexandra, Ray Paulick, robert brennan, sam houston park, spend a buck, Triple Crown, triple crown bonus, triple crown challenge, tvg, zenyatta

October 19th, 2009 at 12:17 pm
I think it depends on how the person’s racing stable is financed. If they are already very rich from inheritence or other business endeavors, then they may be more indifferent to purses. If they are playing with their own, more modest accumulation of money, then purse will dominate tradition every time.
October 19th, 2009 at 2:13 pm
I think it depends on how the person’s racing stable is financed. If they are already very rich from inheritence or other business endeavors, then they may be more indifferent to purses. If they are playing with their own, more modest accumulation of money, then purse will dominate tradition every time.
Ooops, should have said good post! Waiting on your next post!
October 19th, 2009 at 7:26 pm
I have found the quality of the Japanese horse only seems to be string in Japan. They never seem to fair that well when sent out into the world. A few exceptions of course, Hat Trick, Heart’s Cry, the disqualified Deep Impact. But the bonuses should be a two way deal. Are there also bonuses for horses who run in Japan and then run in the US? Maybe a ‘Win & You’re In” might bring a few JP horses to the States. Neither seem very willing to send their horses to the other. In my opinion the US owners/trainers can’t complain about being trounced if they only send one horse every once in a while. Godolphin hasn’t won the Derby with a Dubai trained horse but he keeps trying… eventually he will find the winning combo.
Though I totally agree with them on the dirt here in Japan… it is like going to the beach. Not a fan of their dirt. But Turf is Turf… if the US cared at all about breeding top turf runners… maybe we could do some real damage over here in Japan.
October 19th, 2009 at 7:34 pm
The Japanese also have a VERY restrictive drug policy. When they say “hay, oats, and water” that is exactly what they mean.
October 20th, 2009 at 4:26 am
Money is only an incentive for the smaller owner who lucks into a big horse. For the Sheiks, the Magniers and the Jacksons of the world, the only thing that matters is prestige, and Japan has been too much a closed shop to offer much in that department (plus there was that repeated snub of Sheik Mo when he was trying to get an owner’s license there). And Ruffian is right: very few American horses ship to big international meetings because they don’t want to risk running drug-free. They rarely come to Hong Kong or Europe, either. Dubai seems to be the exception, but you know what goes on in Dubai…..agree to sell your good horse to Sheik Mo and you can run on whatever you want.