Flamboyant Japanese entrepreneur Fusao Sekiguchi kicked off the Japan Racing Horse Association's July foal sale in spectacular style Monday on Hokkaido, paying a world-record $4.5 million for a colt by Sunday Silence's son Dance in the Dark.
The price broke the previous foal auction record of $4.4 million, which Satish Sanan paid at England's 1997 Tattersalls November sale for the Caerleon colt Padua's Pride.