In a surprising turn of events, Horse Racing’s 2012 Kentucky Derby and Preakness winner I’ll Have Another will enter stud at Big Red Farm in Japan, according to owner J. Paul Reddam.
“I am sad that he is not going to stand in America,” said Reddam, “I would have loved to have bred to him. It seems to me that if the goal in American racing is to win the Kentucky Derby, you should breed to horses that have enough stamina and are game enough to win the Derby, but I guess I’m in the minority.”
Reddam’s adviser Jamie McCalmont, a bloodstock agent in England who brokered the deal, said there had been “a lot” of inquiries since the Derby, the domestic interest in I’ll Have Another as a stallion prospect was “very light.”
“The estimates of his value were so different from Japan that any rational human being, as much as they wanted the horse to stand here and breed mares, would have to take the Japanese deal,” Reddam said
I’ll Have Another is now awaiting the completion of bloodwork that will allow him to be exported.
Shigeyuki Okada’s Big Red Farm in Niikkap is on the Japanese islandof Hokkaido. The farm also stands Roses in May along with 11 other stallions, including 2009 Emirates Airline Breeders’ Cup Turf winner Conduit.
Terms of the deal were not immediately disclosed and are listed as “private”.