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Agreement in Place to Sell California Chrome to Japan

The California Chrome Syndicate has reached an agreement with the JS Company of Japan to purchase California Chrome , subject to the Japanese government's quarantine and exportation requirements being met, Taylor Made Stallions announced Nov. 20.
 
As part of the agreement, the California Chrome Syndicate has the first right of refusal if the 8-year-old son of Lucky Pulpit is ever sold. Upon retirement from breeding, he can live out the remainder of his life at Taylor Made. Owners Perry and Denise Martin will continue to participate in California Chrome's breeding career in Japan.
 
"We were approached by representatives of the buyer, and being that California Chrome is owned by a 50-share syndicate, the offer was presented to the shareholders for a vote," said Duncan Taylor, president and CEO of Taylor Made. "Ultimately, the results were in favor of moving forward with the sale.
 

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