Zhang Yuesheng plans to raise the profile of thoroughbred racing in his home country of China by increasing the prize money to as much as RMB10 million for Yulong’s feature meeting in 2026.
The initiative by Zhang to boost the pot to the equivalent of A$2.14 million next year is in the works after the Yulong founder recently held a successful race day at the lavish sales and racing precinct in Shanxi Province in northern China.
Inglis’ Victorian bloodstock manager James Price says Zhang is “leading the charge” for racing in China and his investment is already encouraging new owners to go along for the ride.
“Obviously there's the language barrier that many Chinese people struggle with in terms of trying to get into the industry,” Price told the Straight Talk podcast after returning from a trip around Asia which took in mainland China.
Straight Talk - The loss of Wootton Bassett, James Price on China's racing growth plus what does the ATC's spat with Racing NSW mean?
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