Vin Cox to depart Yulong over differences in 'strategic direction and values'

Yulong general manager Vin Cox has handed in his six-month notice to the thoroughbred industry powerhouse, citing “differences in opinion on strategic direction and values”.

*Vin Cox and Zhang Yuesheng in happier times. (Photo: Vince Caligiuri/Getty Images)*

The shock parting of ways comes only 15 months after he joined Yulong In a much-publicised shift from Godolphin.

During Cox’s tenure with the company, owned by Chinese billionaire Zhang Yuesheng, Yulong has developed into a dominant force in Australian racing and breeding, winning 10 Group 1 races in the 2024/25 season alone, highlighted by the champion mare Via Sistina, trained by Chris Waller.

With the momentum built from Zhang’s phenomenal investment in broodmares, stallions and young stock, it appeared he and Cox were an unstoppable force. However, Cox messaged the media on Thursday, saying he had decided to leave.

“I have given my (six) months’ notice of resignation from Yulong following differences in opinion on strategic direction and values,” Cox wrote.

“I want to thank the exceptional team and clients I have had the privilege to work with. I do not want to make any further comment.”

Yulong has not confirmed the parting of ways.

The language used by Cox to confirm his departure would make it seem unlikely that he will continue in the role in an official capacity, but under his contract, he has to give six months’ notice.

The news has sent shockwaves through the thoroughbred industry, with Cox seen as a key plank in Zhang’s strategy of realising the full scope of his investment.

He had overseen a period of prosperity at Godolphin, holding that role from 2018 to 2023, and prior to that, he was the managing director of Magic Millions.

Chief operating officer Sam Fairgray had led management of Yulong in Australia before Cox and remains in place in that role at Yulong.