Coolmore 2021 fees reviewed

Coolmore Stud has a massive 26 flat stallions on its Irish flat roster for 2021. There are four new additions: Arizona, Circus Maximus, Sottsass and big money signing Wootton Bassett. The only departure was Caravaggio who is now in Ashford. The roster includes six 2000 Guineas winners and three Derby winners.

Coolmore has stood the champion sire in Ireland/UK every year since 1990 but apart from Galileo, only Zoffany made the top ten in the 2020 leading GB/Irish sire list. Their quest for a worthy successor to 23 year old Galileo still remains elusive, despite standing six of his sons. The purchase of Wootton Bassett is an effort to fill that void in the elite bracket.

Bloodstock publications are very dependent on advertising revenue. This naturally limits their impartiality and candour. Without such constraints, I am free to give an impartial value rating of their 26 stallions.

Stallion 2021 fee (2020 fee)

  1. Arizona €7,000 (na)- (2017 No Nay Never ex Lady Ederle by English Channel)

Verdict: Slightly overpriced (my fair price would be €5000)

He was ‘only’ a Group 2 Coventry winner, but he was a good second to Pinatubo in the Dewhurst. His dam side is reasonable and he made £65,000 guineas as a foal and €260,000 as a yearling. The negative is that he didn’t train on at three. He provides cheaper access to a son of No Nay Never than Ten Sovereigns. If Ten Sovereigns is the poor mans No Nay Never, Arizona is the even poorer mans Ten Sovereigns 🙂 I suspect there may not have been room for him on the roster, if Wichita hadn’t died in Australia. Whatever my reservations, I suspect he will be popular with breeders looking for a commercial source of cheap speed/precocity.


2. Australia €25,000 (€27,500)- (2011 by Galileo ex Ouija Board by Cape Cross)
Verdict: Overpriced (should be max €20,000)

If stud fees were set in August, this fellow would have been €15,000. However he had a strong end of season with Galileo Chrome giving him a first Group 1 in the St Leger and that was followed up with a Breeders Cup mile winner in Order of Australia. There was a good supporting cast headed by Irish Oaks runner up Cayenne Pepper and interestingly both Joseph O’Brien and Jessica Harrington seem to have a lot of success with his offspring. Commercially his yearling median was €46k this year which wasn’t much of a return on a conception fee of €35,000. I wrote last year that I thought he should he €20000 and that remains my view. That said, I do think he is a credible sire and a good option if the price is right.

3. Calyx €16,000 (22,500)- (2016 Kingman ex Helleborine by Observatory)

Verdict: Undecided

Like Arizona a Coventry winner but this guy had a lot more brilliance about him. Kingman mania has waned since last year so he has taken a chunky price cut. The question is whether the price cut is enough in a fickle and difficult marketplace? Breeders now have another son of Kingman option in the Classic winning (and sounder) Persian King in France and Palace Pier will presumably be retiring in 2022, to further reduce the novelty factor. You can expect his fee to be shaved again next year and the year after so when you come to sell he will be standing at a lower fee and he will be one of a number of sons of Kingman. He is no bargain at this fee but I’m struggling to think what he should be and I will give him the benefit of the doubt.

4. Camelot €45,000 (€40,000)- (2009 by Montjeu ex Tarfah by Kingmambo)

Verdict: Poor Value– Overpriced:

One of the few stallions on the roster to get a price increase. This year he was represented by an Irish Oaks winner in Even So, and a German Group 1 winner in Sunny Queen. He also had a fancied Derby contender in English King, along with Group 1 winners in Australia in Russian Camelot and Sir Dragonet (who couldn’t win a Group 1 in Europe). He has decent percentages of black type horses and he had good sales results with a median of €55,000 for yearlings conceived at €30,000. However these results are no more that you would expect from stallions in this price bracket. In the current market, I don’t think an increase was warranted and in relative terms, Australia is better value at their respective prices.

5. Churchill €30,000 (€30,000)- (2014 by Galileo ex Meow by Storm Cat)

Verdict: Poor Value– Over Priced

Churchill won seven consecutive races including 4 consecutive Group 1’s in 2016 and 2017. He was high class, is well bred and has 126 two year olds in 2021. He covered an incredible 250 mares in 2020 so a lot of breeders have more faith in him than I do. His yearlings sold well with a median of almost €70,000. However using a sire in his fourth season is for gamblers and I would have expected a decent reduction, to reflect this and the general state of the market.

6. Circus Maximus €20,000 (na)- (2016 by Galileo ex Duntle by Danehill Dancer)

Verdict: Poor Value– Over Priced

After winning the the Dee Stakes, Circus Maximus ran reasonably well to finish 6th in the Derby. At that stage, it was hard to picture him as a putative top miler but kudos to Aidan O’Brien who ran him 17 days later in St James Palace where he defeated King of Comedy. He added the Prix de Moulin later that season (should have been demoted) and at four he won the Queen Anne on his seasonal reappearance. He had a number of good placed efforts including seconds to Too Darn Hot and Motaather in the Sussex Stakes and he finished his career with a second place in the Breeders Cup mile. His dam, Duntle was high class. Ironically she was demoted from a Group 1 she should have retained (the Matron Stakes). His stud mate, the Gurkha is another son of Galileo out of a Danehill Dancer mare who has made a poor start at stud. Circus Maximus was high class and genuine but for me he lacked a little star quality. There are no shortage of high class sons of Galileo at stud and I’m not sure why this one should succeed above any other.

7. Fastnet Rock €50,000 (€60,000) (2001 Danehill ex Piccadilly Circus by Royal Academy)

Verdict: Poor Value– Overpricedshould be €25,000

Verdict: His European record is nothing special. For the third consecutive year his best performer was One Master and there are no Group winners to date far from his 2017 and 2018 European crops. For some reason his sales results remain strong and he had a median of nearly €62,000. I wrote last year, that he should be a €25,000 sire and I haven’t seen anything to change that position.

8.Footstepsinthesand €12,500 (€15,000) (2002 Giant’s Causeway ex Glatisant by Rainbow Quest)

Verdict: Overpriced – should be 8k

He stood at €10,000 for 9 consecutive years before getting a hike in 2020 to €15,000 following the performances of Threat and Mum’s Tipple. That duo failed to train on and nothing new emerged in 2020. He has always had his limitations and there have been no Group 1 winners in his last 10 crops! Trainers like his progeny and he had a median of €25,000 in 2020 but to me he is at best an €8,000 sire.

9. Galileo Private (Private) (1998 Sadler’s Wells ex Urban Sea by Miswaki)

Verdict: price doesn’t matter for anyone using him

Sired a record breaking 5th Derby winner in Serpentine, a dual classic winner in Love and won a 12th consecutive sires championship. With 146 three year olds and 135 two year olds in 2021 he won’t be relinquishing his title in a hurry. It will be interesting to see how many mares he covers and gets in foal at 23 years of age. The downside of his domination, is that it has made top class racing less competitive and interesting for everyone outside Ballydoyle.

10. Gleneagles €25,000 (35,000) (2012 Galileo ex You’resothrilling by Storm Cat).

Verdict: Significantly Overpriced

I was sanguine about the prospects of Gleneagles following his first two year olds. That optimism is now gone following a disappointing year on the track. Market sentiment has also cooled with his yearling median dropping from €64,700 in 2019 to €30,000 in 2020. It’s hard to see him turning things around and it would be hard to justify the gamble of using him at this price.

11. Gustav Klim€4,000 (€6,000) (2015 Galileo ex Massarra by Danehill)

Verdict: Fairly Priced

‘Only’ a Group 2 winner but placed in the Irish Guineas, St James Palace and Haydock Sprint Cup. His granddam is Rafha, the dam of Invincible Spirit and Kodiac. He may uphold the family tradition but those two tend to be influences for speed and precocity. I’m not sure about a son of Galileo doing likewise but at that price point it’s hard to quibble.

12. Highland Reel €10,000 (€12,500) (2012 Galileo ex Hveger by Danehill)

Verdict: Fairly Priced

Despite a tremendous racing career that saw him run 27 times and record 7 Group 1’s, I always assumed that he was going to end up as National Hunt sire. His 2020 yearling median was €21,000, off a stud fee of €17,500 so it needed a reset. I would have been dismissive of him but I’ve been listening to a few shrewd judges who tell me that they like his stock on the ground. On that basis, I will give him the benefit of the doubt.

13. Holy Roman Emperor €12,500 (€15,000) (2004 Danehill ex L’On Vite by Secretariat)

Verdict: Fairly Priced:

A better sire on almost every metric than the similarly priced Footstepsinthesand. In 2020 he had a new group winner in Valeria Messilina, a Stakes winner in Numerian, a high class two year old in Jadoomi and Romanised continued to show high class form. His yearling average was €26,000 and he is a solid proven sire.


14. Magna Grecia €18,000 (22,500)- (2016 by Invincible Spirit ex Cabaret by Galileo)
Verdict: Fairly priced

A Guineas winner who also won the Vertem Trophy at two. His pedigree received a nice boost when his half brother St Mark’s Basilica won this year’s Dewhurst. I thought his initial fee was a touch high (180 mare owners disagreed!) but it’s starting to come back into more reasonable territory.

15. Mastercraftsman €15,000 (€25,000) (2006 Danehill Dancer ex Starlight Dreams by Black Tie Affair)

Verdict:Overpriced

Took a big reduction but it was necessary after an underwhelming year on the track. Extra Elusive won a Group 3, Cabaletta won a Listed race, Quian won a German Group 2 and Barrington Court won a Listed race but there was nothing exciting. In addition, his better horses are often slow to mature and/or stayers- neither an attribute likely to endear a sire to the market. The market is starting to forget that he was once the sire of Alpha Centauri and The Grey Gatsby, although his median held up pretty well at €29k (albeit off a crop conceived at €25k). His crop conceived post Alpha Centauri will be two year olds in 2022 so there is a chance he could rebound but he is now in risky territory.

16. No Nay Never €125,000 (€175,000) (2011 Scat Daddy ex Cat’s Eye Witness by Elusive Quality)

Verdict: Overpriced

I thought someone had a massive rush of blood to the head when they decided that No Nay Never (NNN) was worth 175k last year. He still covered 193 mares which shows what I know. He had a good year on the track with Alcohol Free winning the Cheveley Park, Witchita training on to win a Group 2 and being placed in the Guineas and Group wins for Vitalogy, Nay Lady Lay and Love Locket. He had a median of €67k which is a great return for those breeders who used him at €25k in 2018.

I wrote last year that he is being priced as if he had already fully delivered on his promise and that remains the situation. His fee leaves limited upside and quite a few risks attached. Ten Sovereigns, Alcohol Free, Land Force and Arizona all won their Group races over 6 furlongs and although Wichita placed in a Guineas, he had to drop back to 7 furlongs to win his Group 2. NNN is a quality sire, whose record can only improve with the better mares that have come his way. However, it’s a big ask to pay 125k for a sire who has yet to really prove he is more than a sire of sprinters. There is a finite market for 200k plus yearlings and these sort of prices are typically for classic prospects. I’m not sure that NNN will reward those using him in 2021 like he did the early adopters.


17. Rock Of Gibraltar €5,000 (€6,000) (1999 Danehill ex Offshore Boom by Be My Guest)

Verdict: Should be Retired…

He is at a bargain basement fee which makes some appeal for a reasonable sire. His yearlings had an impressive median of 25k (but only 4 sold) and that could be an aberration as his 2019 median was 6k. He will be 22 this year and you wonder why he isn’t retired as there is very little demand from breeders.

18. Saxon Warrior €20,000 (€27,500) (2015 Deep Impact ex Maybe by Galileo)

Verdict: Fair Price

A good Guineas winner who also won a Racing Post Trophy and had some great battles with Roaring Lion over 10 furlongs. The only son of Deep Impact in Ireland his dam was a Moyglare winner. He has had a major price cut this year and seems reasonably priced to me. That said for anyone willing to travel, Study of Man at £12,500 is a more attractive option to access a high class son of Deep Impact.

19. Sioux Nation €10,000 (€12,500) (2015 Scat Daddy ex Dream the Blues by Oasis Dream)

Verdict: Overpriced

Has covered very big books and being a son of Scat Daddy has been touted as the next No Nay Never. He was a Group 1 winner but his overall record was only 4 wins out of 15 and his female line is unremarkable. Using him in his third season you are taking a risk that his first runners will have performed well and I thought he might have had a bigger price cut to reflect that risk.

20. Sottsass €30,000 (na) (2016 Siyouni ex Starlet’s Sister by Galileo)

Verdict: Fairly Priced

At three he won the French Derby (beating Persian King) and was 3rd in the Arc. At four he won a Prix Ganay and an Arc (albeit a weakened Arc run in heavy ground. He is the best son of Siyouni (who will be standing for €140k this year) and his dam also produced the 7 time Grade 1 winner Mysistercharlie. That is a lot of positives. He will no doubt drop back in price next year as the memory of his exploits fade and other sons of Siyouni (most likely St Marks Basilica) compete for patronage, but for an opening ask it is in line with expectations.

21. Starspangledbanner €22,500 (22,500)  (2006 Choisir ex Gold Anthem by Made of Gold

Verdict: Fair Price

A quieter than hoped for year on the track. Aloha Star was a Group 2 winning two year old, however Millisle didn’t really enhance her reputation despite a Group 3 victory and there were no other Group wins in Europe. His fertility issues are now behind him and his yearling median held up well at €39k. Although I thought he might have seen a reduction to 20k, I do like him as as sire and think his fee can be justified.

22. Ten Sovereigns €20,000 (25,000) (2016 No Nay Never ex Seeking Solace by Exceed and Excel)

Verdict: Overpriced

A Middle Park and July Cup winner, who failed to stay in the Guineas and was beaten in the Commonwealth Cup, Nunthorpe and in the Everest. He has an unremarkable female line. Attracted 214 mares last year so plenty of people believe in him , or maybe it’s the No Nay Never hype. If you use him in 2021 you will be hoping that sentiment remains in your favour.

23. The Gurkha €5,000 (€12,500) (2013 Galileo ex Chintz by Danehill Dancer)

Verdict: Overpriced

He had a very slow start with his two year olds. From a crop of 105, 59 raced to give 16 winners and one Stakes horse in Best of Lips who won a German Group 3. If you think his progeny will be transformed at three (and he was unraced at two), €5000 is a bargain fee for this French Guineas and Sussex Stakes winner. Surprisingly his sales returns held up with a median of €23000 (albeit a lot went unsold), so maybe some people are still optimistic for his prospects. I’m not one of them.

24. U S Navy Flag €12,500 (17,500) (2015 War Front ex Misty For Me by Galileo)

Verdict: Fair Price

His stud fee is now half what it was in his first season. To me he compares favourably with Ten Sovereigns, having a much stronger female line, winning three Group 1’s and staying well enough to be placed in an Irish Guineas. He wore headgear but was tough and genuine. The market has cooled on War Front’s sons and that is reflected in his fee.

25. Wootton Bassett €100,000 (€40,000) (2008 Iffraaj ex Balladonia by Primo Dominie)

Verdict: Overpriced- thought it would be 80k

This was the most interesting move in the bloodstock market this year. Purchasing a 12 year old stallion for a rumoured €50 million was a surprise, but on reflection you could see the logic. He will suit the Coolmore broodmare band and he is an upwardly mobile stallion who will get bigger books in Ireland. If the reported price is close to correct, then the decision to price him at €100k was simply a matter of dividing his cost by the 500 mares they would expect to cover in the next 4-5 years. Coolmore are not averse to buying stallions that were proven elsewhere, with Ahonoora and Alzao coming to mind on the flat and Walk in the Park on their NH roster. Their timing was also impeccable. After the deal was done in August, Audarya landed the first of her two Group 1’s, Wooded landed the Prix de l’Abbaye and the two year old Chindit landed the Champagne Stakes. Wootton Bassett is a proper rags to riches sire who managed to get a superstar in his first crop of 24 foals in the form of Almanzor. No other Group 1 winners emerged until Audarya and Wooded struck this Autumn, but he served reminders of his ability with classic placed The Summit and Speak of the Devil in 2020. Given that his fee was €6000 or less for his first five seasons before reaching €20,000 in 2017 when Chindit was conceived, that is impressive. He also stood at €20,000 in 2018 before reaching 40k for the past two seasons. He deserves his place at the top table and it will be fascinating to see how far he can go with superior mares. I’m a fan of Wootton Bassett and his purchase again shows why Coolmore are the shrewdest in the business, but I would have thought that 80k would have been about right.

Zoffany €20,000(€22,500) (2008 Dansili ex Tyranny by Machiavellian)

Verdict: Overpriced

This year National Stakes winner, Thunder Moon, put a gloss on his record and Mother Earth was another Group winning two year old. However, he had plenty of ammo to fire as he had 158 two year olds in 2020 to go with his 169 three year olds, so some have to hit the target. His record in Europe of 4% stakes winners (36 from 829 foals) is unremarkable, as his tally of 3 Group 1 winners. His yearling median dropped back to €29k and he has a smaller crop of two year olds for the coming season (a still chunky 105). He has his place in the market but he has his limitations and there are better value options out there.

Cunco-Frankel’s First…

Back in January 2014, I wrote about Frankel’s first foal who was subsequently named Cunco (a town in Chile). As a yearling he was led out of the ring at Tattersalls in October as unsold at 280,000 guineas . He made history today by becoming the first runner for Frankel in a six furlong maiden at Newbury. Fans of Frankel will be encouraged by Cunco’s debut performance in which despite greenness he showed a nice turn of foot to win snugly  and afterwards he received some favourable comments from his jockey Robert Havlin and his trainer John Gosden. He should improve significantly for the run and I thought in light of his performance it was interesting to re-read my original article in which I wondered about the possible effects of so much inbreeding. No need to worry it seems !

The original article is shown below

 

Can you have too much of a good thing?

Frankel’s first foal was born on the 11th of January.  The dam Chrysanthemum was a Group 3 winner trained by David Wachman for Coolmore connections. In truth, in terms of racing performance and pedigree Chrysanthemum was no more than a middle ranking member of Frankel’s stellar first book of mares.

However what is far more interesting is the pedigree cross it represents.  We are by now, well used to seeing variants of the  Sadler’s Wells (and sons) by Danehill cross , the cross that reached its pinnacle with Frankel himself. It has proved hugely successful with Galileo alone having sired  8 Group 1 winners out of Danehill mares. Chrysanthemum is by Danehill Dancer out of a daughter of Sadler’s Wells and it begs the question can you have too much of a good thing?

Sadler’s Wells and Danehill are the giant names of European breeding in recent decades. Coolmore achieved considerable success with the likes of Horatio Nelson (Danehill ex Imagine), Peeping Fawn (Danehill ex Maryinsky and Chevalier (Danehill ex Legend Maker) bred on this cross.  Given the number of high class broodmares they possess with both names in the pedigree it is perhaps unsurprising that they are considering doubling up what has worked in the past.

They would have been encourage by the results to date for Teofilo (Galileo ex Speirbhean by Danehill) who is similarly bred to Frankel. Teofilo has made a good start to his stud career highlighted by Group 1 success for Parish Hall  (ex Halla Siamsa by Montjeu) and Irish Derby success  with Trading Leather who is out of a Sinndar mare and thus has another cross of Danzig as does Voleuse Des Coeurs (ex Vadorga by Grand Lodge). This new foal is just gone a little further in terms of duplication.

This foal will have Sadler’s Wells 3X3, and Danehill 3X3.  In the first 6 generations Northern Dancer’s name appears 5 times and he appears once more in the 7th generation. Given that Danehill features 2 crosses of Northern Dancer’s dam Natalma, her name appears 8 times in the pedigree! If this was  a human we would be appalled, even if it was a pedigree dog we would be concerned yet when it comes to our friends the thoroughbreds we just think it’s interesting!  As regards the question, whether you can have too much of a good thing,  we will obviously just have to wait until he finishes his racecourse career to answer that one…

Frankel's first foal
6 generation pedigree

Mawatheeq-far from the Height of Fashion

It’s probably a sign of old age, but I’m finding it harder to distinguish between many of the less famous Arabic named horses. Mawatheeq was one such horse (incidentally the name means treaty or treaties), however an impressive series of results for his progeny in recent weeks, had me revisiting the record books.  I suspect that given time, Mawatheeq will rise to a more prominent position in the stallion world from his current lowly position.

Recent Results

The table below show the last six runners by Mawatheeq all of whom finished first or second. It’s a brave or foolish person who ascribes too much significance to such a sequence in early season maiden races but it does offer hope of a profitable season. In particular Mulkeyya’s debut run at the Curragh was most promising. This 25 runner maiden was won by the 106 rated The Warrior, and Mulkeyya’s performance gave hope of black type before season’s end.

List of Mawatheeq’s Recent Runners in UK and Ireland

The performance of the three year old runners is in contrast to his first two year old runners in 2014, which consisted of only 2 winners (one in Italy and one in Hungary) for the season. In Britain there were no winners from 13 runners. However, bearing in mind his own race career and that his first book consisted of only 42 mares, that lack of success is less surprising.

Mawatheeq’s Race Record

The bare facts of Mawatheeq’s career are underwhelming,showing a solitary stakes win from a 9 race career. Trained by Marcus Tregonig, he was unraced at two (reportedly due to injury), won two of his four starts at three (a maiden and a handicap), before blossoming in the Autumn of his four year old career. After a disappointing four year old reappearance in April, he won a Doncaster handicap in September before making a big leap forward with an impressive victory in the 12 furlong Group 3 Cumberland Stakes. The upward trend continued when on his seasonal bow he finished runner up in the Champion Stakes to Twice Over. It wasn’t the strongest ever field for a Champion Stakes but he still had the likes of classic winners Sariska and Fame and Glory behind him. With such an improving profile, his five year old career promised much, but proved anti-climatic consisting of a solitary run, when well beaten in the Prince of Wales’s Stakes Stakes at Royal Ascot. A recurrence of his two year old injury, saw the end of his track career and he was retired to Shadwell Stud.

Stud Career and Sales

Mawatheeq’s initial stud fee was a modest £5000 which dropped to £4000 and is now listed as private (but not in the Galileo sense of the word- more the too embarrassed to disclose sense) so we know that the mares he was covering were a modest bunch. This lack of quality is reflected in a yearling average that was just over 6000 guineas for his first two crops. He has struggled for patronage possibly due to a bias against staying sons of Danzig,as conventional wisdom would have us believe that Danzig’s really good sire sons were sprinter/milers (eg Green Desert,Danehill, War Front). In the case of Mawatheeq there was no need for Shadwell to trumpet their restricted books as you can take it they didn’t need to turn away hordes of disappointed mare owners :). Incidentally the aforementioned Mulkeyya (ex Rifqah) might be one of the best bred mares that he covered being a descendant of Allegretta.

Pedigree

Mawatheeq’s pedigree is a match for any stallion’s. He is from the last crop of the great sire and sire of sires Danzig and his female line is dripping in black type.  His dam Sarayir (by Mr Prospector) was an unbeaten stakes winning two year old, rated highly enough to make her three year old reappearance in the 1000 Guineas. That she failed to add to her reputation at three hardly detracted from her paddock valley as she was a daughter of the Queen’s Height of Fashion. Height of Fashion was top rated British Two year old filly of 1981 with victories in the Fillies Mile, and May Hill Stakes to her credit and she added a Princess of Wales’s Stakes to her record at three (in which race she broke the track record held by her half brother Milford). She was sold for an undisclosed amount (but estimated at the time to be between 1.4 and 1.8 million) after the Princess of Wales’s Stakes to Sheikh Hamdan Al Maktoum, in whose colours she ran poorly in both the King George and Yorkshire Oaks. Ultimately though, she proved to be a real bargain for the Sheikh as she became the dam of dual classic winner Nashwan Gr1x4 (by Blushing Groom), Nayef G1X4(by Gulch), Unfuwain G2 (by Northern Dancer), Alwasmi G3 (by Northern Dancer) and Mukddaam L (by Danzig) all of whom had stud careers with varying degrees of success. This success was hardly surprising as Height of Fashion’s dam Highclere was herself a winner of a 1000 Guineas and French Oaks and Highclere’s grandam Hypercium also won the 1000 Guineas. Other branches of the family have provided the likes of Japanese superstar Deep Impact (a great grandson of Highclere).

Mawatheeq’s dam Sarayir did her bit for the family tradition by producing Ghanaati (by Giant’s Causeway) who also won the 1000 Guineas and Coronation Stakes. In addition she is the dam of Rumoush (by Rahy) who was a listed winner and a good third to Snow Fairy in the 2010 Oaks. This is undoubtedly one of the best family’s in the stud book.

Conclusion

As one of the last sons of Danzig from a stellar family, one might have thought that Mawatheeq would live up to his grandams name as the Height of Fashion. However his initial book of only 42 mares, despite a modest fee of £5000, tells you all about the market prejudice against late maturing types. In addition he didn’t correspond to the market expectation of a good Danzig sire being best at middle distances and standing 16 1 ½ . His solitary stakes success at no more than Group 3 level also counted against him. His results to date are still very modest with no stakes performers but the early results for his three year olds are relatively promising and it will be interesting to see if his offspring continue to improve with age. On pedigree he has everything you would like to see in a stallion and at such a lowly fee he might just prove a bargain for any patient breeders, not too concerned about the yearling market.

Mawatheeq’s Page

mawatheeq's pedigree

See below for a promotional video of Mawatheeq by Shadwell

 

 

2014 End of Season Awards- ‘The Victors’

Now that the European season is almost over, it’s time to hand out my end of year awards (The Victors)

1. Stallion of the year: Galileo who else? It’s easy to take for granted his year on year domination, but it really is extraordinary. This year so far he has sired another Derby winner in Australia, classic winner Marvellous, Group 1 winners Tapestry and Adelaide. Amongst his older horses Noble Mission has earned the right to stop being referred to as simply Frankel’s brother. More significantly the pipeline looks incredibly strong with Group 1 winning two year olds in Gleaneagles, Together Forever and Found and an even more exciting prospect in John F Kennedy. He does have all the advantages of the best mares and large books but he keeps producing the goods in a way few stallions in history could match.

2. Flop of the Year: Fastnet Rock. Just to show that Coolmore don’t always get it right. Sensational in Australia, Coolmore reverse shuttled him and patronised him with some of their elite mares. He had a slow start with his European two year olds in 2013 but we waited and waited for them to burst onto the scene in 2014 but it never really happened. The Coolmore boys recognised the game was up and sold a job lot of 9 of his yearlings to the Australian OTI syndicate. He has fallen far short of expectations (I would have expected at least 2 Gr 1 winners from that book of mares) and no tears will be shed if he doesn’t return to Ireland.

3. Breakthrough sire of the year: Kodiac. When he retired to stud in 2007 Kodiac had a modest race record with no Stakes wins to his name and his best run being a fourth in the Prix Maurice de Gheest. However he had plenty to recommend him on pedigree being a son of Danehill out of a classic winner in Rafha who was the dam of rising stallion Invincible Spirit. His initial fee was €5000 and that dropped in year 3 and year 4 to €4000. Plenty of winners started to follow and after a proliferation of two year old winners in 2013 his fee reached €10000 in 2014. This year, since the beginning of the season he has been an unstoppable force with his two year olds and more importantly some have demonstrated considerable quality notably. The highlight for Kodiac was the speed machine that is Tiggy Wiggy and for good measure Kodi Bear stepped up on his previous runs to come second in the Dewhurst. In addition the 3 year old Coulsty won a group 3 as did the 6 year old Jamesie. His recent sales results include a large number of six figure sales and he is set for a very significant and justified fee hike in 2015.

4. Second Crop Sire of the Year: Le Havre. Hard to call this award as it could have gone to Sea the Stars, Mastercraftsman or Le Harve. Sea the Stars had a huge amount to live up to being one of the outstanding horses of the era, being a half brother to Galileo and having covered an outstanding book of mares. He has not disappointed having sired a superstar filly in Taghrooda, and a scintillating winner of the German derby in Sea the Moon as part of a very impressive haul of 10 stakes winners. Mastercraftsman had a lesser book of mares than Sea the Stars ((althought not a bad book of mares given his initial fee was €20000) but surpassed expectations by delivering two classic winners in Kingston Hill and the Grey Gatsby. However my selection is Le Havre who despite having won a Prix du Jockey Club was retired at a fee of just €5000. He has repaid his supporters in spades with a dual classic winner in Avenir Certain, a Group 2 winner in Auvray and the high class Le Hoguette amongst 6 stakes winners. He has earned the right to much bigger and better books in 2015.

5. First season sire of the year: Lope de Vega. For most of the season I had the name Starspangledbanner pencilled in for this award. He looked like he had the makings of a fine stallion getting a pair of impressive Royal Ascot winners in The Wow Signal and Alexander Anthem from a depleted first crop (due to fertility issues). However although The Wow Signal added a Group 1, the lustre has slightly faded from this pair and no other stakes winners have emerged. In contrast the offspring of Lope De Vega have really come good as the season progressed and he can already boast of four Group winners headed by recent Dewhurst winner Belardo, backed up by Italian Group 2 winner Here Look and a pair of Group 3 winners in Burnt Sugar and Royal Razalma. In addition Endless Drama put up a most impressive performance when winning today at Naas as he towered over his rivals in every sense. Given that Lope de Vega was better at three when he emulated his own sire Shamardal by winning the French Guineas and Derby Ballylinch Stud must be hopeful that his momentum will continue. Lope de Vega retired at a fee of €15000 and stood for €12500 for the past two years but a big hike is to be expected.

6. Performance of the Year: Sole Power in the Nunthorpe Stakes. Sole Power is a standing dish in the top sprints and won the Nunthorpe back in 2010 (at which time I wrote about his pedigree (http://www.montjeu.com/archives/295). His winning performance in this year’s edition really had to be seen to be believed as he showed remarkable acceleration against high class sprinters.  Enjoy it for yourself here

 

2012 Stallion fees-where is the value?

“Price is what you pay, value is what you get” , said Warren Buffett the legendary stock market investor. He made his money through value investing, essentially he believed the market prices often overlooked intrinsic value and therein lay opportunity. I couldn’t agree more when it comes to 2012 stallion fees. Below are some stallions that I feel represent good value at their listed fees for 2012.

1. Manduro (2002 Monsun ex Mandellicht by Be My Guest) 2012 fee €10,000

Manduro was a superstar on the track, rated world champion in 2007 when he was unbeaten in five starts from 1 mile to 12 furlongs. That year he won 3 group 1s (the Prix d’Isaphan, the Prince of Wales and the Prix Jacques le Marois) and most likely he would have won the Arc only for injury. Although he was technically a champion German 2 year old, he was nobody’s idea of a two year old sire. It is therefore very encouraging that he sired a group 1 winner in Mandean (ex Summertime Legacy by Darshaan). Impressively he came very close to a second Group 1 winner in his first crop with Bonfire (ex Night Frolic by Night Shift). He retired to stud at a fee of €40000 and it was €15,000 in 2011 so it was very surprising to me that after such a promising start it was dropped to €10,000. I suspect it will not be available at such a price in 2013 and he represents real value and a good opportunity for most Irish breeders to tap into a different sireline.

2. Big Bad Bob (2000 Bob Back ex Fantasy Girl by Marju) 2012 fee €6000

There is no use in trying to understand how Big Bad Bob has become a successful stallion. A very modest race career of which the highlight was winning a Group 3 in Germany wouldn’t have breeders queuing for his services. The fact that his sire Bob Back ended up as a dual purpose sire also didn’t suggest that Big Bad Bob was destined for success on the track. He does possess plenty of quality links in his distaff side but it was still surprising that he found a berth at stud. He was effectively a private stallion for Windflower Overseas Holdings (Cristina Patina) and reputedly free outside covers were available. However his results to date have been very impressive considering his very limited books to date (in quantity and quality). His percentages for runners to foals, winners to foals and stakes winners are all more suggestive of stallions covering at a multiple of his fee. Trainers like him and this should be of benefit in the sales ring and he is one of the few Roberto line representatives available to Irish breeders. It is clear that he upgrades his mares, and he seems to deliver soundness judging by the numbers of his offspring that actually reach the track. Nothing succeeds like success and breeders should judge him on his results.

3.Kendargent (2003 Kendor ex Pax Bella by Linamix) 2012 fee €4000

If you are looking for the next Big Bad Bob it might just be Kendargent. He was a non-stakes winner and his best performance was when fourth in the Prix Jean Prat. However he got his chance at stud and he is making the most of it. With his first crop of two year olds he had only five representatives on the track but three won including Group 2 winner Restiadargent (ex Restia by Montjeu) and Group 3 winner Kendam ex Damdam Freeze by Indian Rocket). He is a legacy of the Grey Sovereign line and an outsource for most mares. I would hope that he might get enough chances to prove he is not just a flash in the pan and at the price it is hard to complain. Incidentally if you want to use a different son of Kendor with a much more high profile racecourse career then Champion Stakes winner Literato (ex La Cibeles by Cardoun) is also available for a very modest €4000- but of course he has yet to have any runners which greatly tempers enthusiasm.

4. Medicean (1997 Machiavellian ex Mystic Goddess by Storm Bird) 2012 fee £8000

It looked for a time like Medicean was about to become an important sire in the UK after early success with the likes of Dutch Art and Nannina. His fee reached £30000 for the 2007 and 2008 seasons. Since then he has stumbled a little but his fee has reacted and at £8000 I think there are reasons to think he might represent some value at that price. Firstly the offspring of those heady days are now expected to make their mark, particularly as many of Medicean’s offspring (just like himself) improve with age. His son Dutch Art also just enjoyed a very good first season with his two year olds. His overall stats at 4% stakes winners are solid rather than spectacular but he is a decent stallion who might see a bounce in the coming years.

5. Discreet Cat (2003 Forestry ex Discreet Account by Private Account ) 2012 fee $12,500

I certainly don’t profess to be an expert on US racing but I am surprised by the fee for Discreet Cat which seems very reasonable. He was a really exciting horse who won his first 6 starts impressively before flopping as favourite for the Dubai World Cup and he was never the same again. He retired at a fee of $30,000 and had 11 winners with his first crop of two year olds, albeit from a large crop (107 named foals). However he has started 2012 very well with Out of Bounds (ex Unbridled Elaine) winning a Grade 3 and Discreet Dancer (ex West Side Dancer) winning a minor race impressively. Both horses are now quoted in top ten in the betting for this year’s Kentucky Derby. Even if neither horse graduates to major success he is fairly priced and there is very considerable potential upside in using him this year.

6. Birdstone (2001 Grindstone ex Dear Birdie by Storm Bird) 2012 fee $10,000

If Discreet Cat is about potential then Birdstone has been there and done that. A remarkable first crop saw him sire two classic winners in Summer Bird (ex Hong Kong Squall by Summer Squall) and Mine that Bird (ex Mining My Own by Smart Strike) and seven stakes winners from a crop of only 66 foals.  Since then he has gone incredibly quiet with only one other stakes winner and his stud fee which climbed to $30000 has dropped back to $10,000.  However his number of foals is modest by modern standards with a total of only 204 named foals in his 2006-2009 crops and his 8 stakes winners still leaves him on 4% stakes winners. He is recommended for anyone in the States who claims to want a shot at a classic horse on a budget. He was a triple Grade 1 winner,winning the Champagne Stakes at two, thwarting Smarty Jones triple crown bid in the Belmont and following up in the Travers. I suspect had he not won the Belmont over 12 furlongs he might have had a higher stud fee but such is the insanity of modern fashion. His sire Grindstone was a Kentucky Derby winner and his sire Unbridled was a Kentucky Derby winner. What more can US breeders want for $10000?

Arc day 2011- A new French fashion?

The French have a reputation for being fashionable. Sunday was Prix de l’Arc day- Europe’s finest single days racing with seven Group 1 races. The results were a breath of fresh air and a delight to those people who love to see diversity amongst the stallion ranks. We have come to expect top class European racing to be dominated by the Danzig and Sadler’s Wells branches of the Northern Dancer line. On Sunday, these lines were eclipsed by a less fashionable branch of the Northern Dancer line and even more pleasingly, five of the other winners were not from the Northern Dancer line.

Nijinsky- a better Arc day than in 1970

The Nijinsky sireline had a big day on Sunday. Nijinsky famously lost his unbeaten record in the 1970 Arc to Sassafras. He subsequently sired one winner of the race in Lammtarra and two of his sons Green Dancer (sire of Suave Dancer) and Caerleon (sire of Marienbard) sired winners of Europe’s premier all-aged race.  The impressive victory of Danedream (f. by Lomitas ex Danedrop by Danehill) saw another victory for his sireline as Lomitas is a son of Nijinsky’s Irish and French St Leger winning son Niniski.  Alas Lomitas died last year so he will not benefit from this victory.

Another grandson of Nijinsky sired a big winner when Kasbah Bliss (g. by Kahyasi ex Marital Bliss by Double Bed) won the marathon Prix du Cadran . In addition Nijinksy’s son Royal Academy is the broodmare sire of Prix Jean-Luc Lagardere winner Dabirsim (c by Hat Trick ex Rumoured by Royal Academy). The cap off the day, Nijinsky’s grandson Generous was broodmare sire of Prix de L’Opera winner Nahrain (. by Selkirk eg Bahr by Generous). All in all it was a welcome reminder of the positive influence of the last triple crown winner.

Super Sunday Silence

Dabirsim’s win in the Prix Jean-Luc Lagardere was another reminder of the possibilities of the Sunday Silence line. It is mystifying to me that the major European studs have not acted to secure a truly top class son of Japan’s greatest ever sire to make available an alternative sireline.  The possibilities were already shown by Divine Light who sired Natagora winner of the Cheveley Park and 1000 Guineas.  Lanwades (in the UK)  stand Vita Rosa and Darley France stand Layman, but neither could be considered amongst the best of the Sunday Silence’s as racehorses.

Dream Ahead

Dream Ahead (c. by Diktat ex Land of Dreams by Cadeaux Genereux) won his fifth Group 1 when edging out Goldikova in the Prix de la Foret. It was subsequently announced that he will be retiring to Ballylinch Stud in County Kilkenny Ireland at the end of the season.  His sire Diktat is now in Spain but if properly priced Dream Ahead should prove popular. For people who care about these things it is significant that if you go back 22 generations you will find that Dream Ahead’s sire line traces to the Godolphin Arabian, so he represents a good chance to continue that line in Europe.

Tangerine Trees

Tangerine Trees (g. by Mind Games ex Easy to Imagine by Cozzene) was a somewhat fortuitous winner of the Prix de l’Abbaye as the fast finishing Sole Power looked to be the best horse on the day. Tangerine Trees represents another sireline that has fallen out of fashion namely the Forli line which was once so popular down around Ballydoyle. However the reason why Mind Games is unfashionable is that he was a truly dreadful stallion with terrible percentages.  Thankfully he is now retired from active service.

Elusive Kate- Can’t escape Mr P.

Elusive Kate (f. by Elusive Quality ex Gout de Terroir by Lemon Drop Kid), could hardly be considered unfashionable being a daughter of Elusive Quality who stands at 50,000 USD and who is a stallion who is popular on both sides of the Atlantic. Elusive Kate has Mr Prospector on both sides of the pedigree as Elusive Quality traces to Mr Pr via Gone West and Lemon Drop Kid is a son Kingmambo by Mr P.  The prominence of Mr Prospector is not nearly as pronounced in Europe as it is in the States.

Nahrain for Varian

Nahrain (f. by Selkirk ex Bahr by Generous) just defeated her half sister Announce (f. by Selkirk ex Hachita by Gone West) in the Prix de L’Opera. In winning she gave her trainer Roger Varian the first of what are likely to be many Group 1 wins. The veteran Selkirk is from the Sharpen Up line and has now sired 14 Group 1 winners, 10 of which are fillies and again although he could never be called unfashionable he perhaps never got the credit he deserved.

Conclusions

Sunday’s results do not mark the end of the domination of Europe by the Sadler’s Wells and Danzig lines.  However it is a useful reminder to European breeders and buyers that there are a lot more ways of breeding a top class racehorse than through the ultra fashionable sire lines. As the French might say vive la difference!

Stowaway revealed

 Jumps sires are often dead or infirm by the time their merits become apparent.  Stowaway has just turned 17 so given average luck he should be active for another 4 or 5 years (hopefully more).  His merits are now becoming abundantly clear and National Hunt breeders should be placing him near the top of their lists when planning their future matings. Use him before we lose him is my advice.

Statistics

Stowaway is currently lying in 70th position in the Anglo-Irish jumps list with earnings of around £100,000. He has had 7 winners from 23 runners (30%). In 2009/2010 he finished in 170th position with total earnings of £76,648 and 3 winners from 22 runners (14%). In 2008/2009 he finished in 218th position with total earnings of £57,513 and 5 winners from 21 runners (24%).  “So what?” , would be most people’s response to these figures. However in this case the statistics tell an incomplete story. His winners to runners percentages are not particularly great but they mask the quality of some of the individuals that are now coming through. In addition the mares he initially covered were extremely modest as you would expect from a covering fee of €600.  Also Stowaway did not commence stud duties until 2001 so his oldest progeny have just turned 9.

Shark Hanlon and Stowaway

January 23rd 2011 saw Stowaway record a major double at Leopardstown. Hidden Cyclone (ex Hurricane Debbie by Shahanndeh) was a good winner of a Grade 2 Novice hurdle over 2 1/2 miles.  He was introduced into the betting for the Neptune Novices Hurdle at Cheltenham but his trainer John Joseph aka ‘Shark’ Hanlon feels that in time he will make a top class staying chaser. Shark Hanlon also trained the bumper winner Mart Lane (ex Western Whisper by Supreme Leader) who is also under consideration for Cheltenham.  Mart Lane is a full brother to the best horse sired to date by Stowaway in Western Leader (ex Western Whisper by Supreme Leader) who has won four times including a Grade 2 hurdle, prior to running second at Aintree in the Sefton hurdle.  All of these horses were bred by Ronnie O’Neill who stands Stowaway in Whytemount Stud in Kilkenny and who was the primary supporter in the early years. For good measure Stowaway Pearl (ex Kelly’s Pearl by Miner’s Lamp) won at Thurles on the 10th February and he is also trained by Shark Hanlon who has been key to the rise of Stowaway.

Stowaway race record

Stowaway was first seen on the racecourse as a two year old in October 1996, when he made a winning debut in a mile maiden at Newcastle for trainer Michael Jarvis. The potential he showed that day meant that he was transferred to Godolphin for the rest of his career.  He was beaten on his reappearance at three but then stepped up in class to win the Group 3 Gordon Stakes at Goodwood over 12 furlongs. He followed up in August by winning the Group 2 Voltigeur Stakes from Derby runner-up Silver Patriarch. The St Leger is the traditional target of Voltigeur winners and it was talked about for Stowaway but he failed to make it to Doncaster and in his absence the classic was won by Silver Patriarch. The Champion Stakes saw him return to action that season. He did respectably, finishing fourth behind Pilsudski over a trip short of his best but still finishing ahead of the likes of Derby winner Benny the Dip and Group 1 winners Revoque and Bijou D’Inde.

 Stowaway spent the winter in Dubai and made a winning reappearance in the Dubai Sheema Classic at Nad Al Sheba.  However this was before that race attained graded status. Alas this also proved to be  his last racecourse appearance. His career finished with a record of four wins from six runs and he had proven himself to be amongst the best of his generation. However it was also a career that seemed to fall short of its potential. He seemed an ideal candidate for the St Leger but never got the opportunity to compete in that classic. He never got the opportunity to run beyond 12 furlongs and he seemed a likely sort to improve with age but we never really saw that assumption tested. In addition he never raced on ground worse than good, but race reports filed after his maiden indicate that he had a high knee action so he should have been suited by softer ground.

Stowaway’s Pedigree

Sire: Slip Anchor

Stowaway is a son of the runaway 1985 Derby winner Slip Anchor.   Slip Anchor did not follow on from his sire  and grandsire in throwing a Derby winner but he compiled a reasonable record from his time at stud. From 586 foals he had 302 winners(52%) and 28 (5%) stakes winners.  His best offspring included Oaks, Irish Oaks and St Leger winner User Friendly (ex Rostova by Blakeney), Italian Derby winner and Irish Derby runner-up Morshdi (ex Reem Albaraari by Sadler’s Wells), Italian Group 1 winner and Hardwicke Stakes winner Posidonas (ex Tamassos by Dance in Time) and Melbourne Cup runner-up Give the Slip (ex Falafil by Fabulous Dancer).  His best offspring weren’t precocious, stayed well and tended to be durable. The average winning distance of his offspring is a very high at 12.4 furlongs.  Slip Anchor’s stud fee began at £30,000 in 1987 before dropping to £25000 in 1989, £20000 in 1990. He was available at 3-4k throughout the noughties before his retirement from stud duties in 2007.

Dam: On Credit

On Credit, the dam of Stowaway showed high class form in France. She won as a juvenile, won twice over 10 furlongs at three and was twice runner-up in editions of the 11 furlong Group 3 Prix Fille de L’Air. She is also a half sister to Falafil (by Fabulous Dancer) the dam of the previously mentioned Give the Slip (by Slip Anchor). At stud she is also the dam of Credit-A-Plenty (by Generous) who was runner up in the Group 3 Park Hill Stakes.  Stowaway’s grand-dam Noble Tiara was twice a winner( over 10 and 12 furlongs) from nine starts she made as a three year old. This was her only season to race but aside from winning she placed fourth in both the Prix de Flore (Gr3) and Prix de Royallieu (Gr3). On Credit was a daughter of French Guineas winner, No Pass No Sale a son of Northfields. Slip Anchor worked well with Northfields and from only 7 horses bred on this cross they included Slicious (ex Precious Jade) winner of a Group 1 Premio Roma and Anchorite (ex Elysian) who was a high class two year old.

The secret of Success

Stowaway’s success has taken people by surprise.  At the time of his arrival at Whytemount Stud in 2001, it had been three years since he had set foot on a racecourse. Understandably there weren’t big queues of breeders to use this forgotten horse. His initial crop sizes numbered 30 with many of these mares being provided by the horses new owner, Ronnie O’Neill.  Following some success he secured 120 mares in 2009 and this rose to 200 mares in 2010 at a heady €1000 service fee. His fee for 2011 is listed as private, but even if the fee is trebled or quadrupled it may still represent value.

Understanding his success may be easier than we think.  It is well to remember what a high class racehorse he was and it is certainly likely that we never saw the best of him.  Physically he is a big good looking bay. His sire is a potent influence for stamina and the Mill Reef line is responsible for plenty of high profile National Hunt sires.  He has covered mostly moderate mares and made the most of his opportunities.  There is no secret to his success apart from his own abilities.

Nicks and the future

Stowaway seems to throw winners to all sorts of lines.  An unfamiliar name that occurs a lot amongst his offspring as broodmare sire is Shahanndeh (Assert ex Shademah by Thatch) who was a half brother to Sharastani who previously stood at Whytemount Stud and was the sire of many of his earlier mates.  Apart from Presenting the Irish national hunt stallion scene is dominated by sons of Sadler’s Wells. Given the success enjoyed on the flat by crossing Sadlers Well’s and Shirley Heights line mares it seems natural that many of these mares will be tried with Stowaway. His first 3 figure sized crop are now yearlings so it will take a few years to make an impact on the track. In the meantime, breeders should take advantage of his availability and I am confident that he will be highly placed on the sires table throughout the mid to late years of this decade.

STOWAWAY (GB) 1994

Slip
Anchor (GB) 1982
Shirley
Heights (GB) 1975
Mill
Reef (USA) 1968
Never
Bend (USA) 1960
Milan
Mill (USA) 1962
Hardiemma
(GB) 1969
Hardicanute
(GB) 1962
Grand
Cross (GB) 1952
Sayonara
(GER) 1965
Birkhahn
(GER) 1945
Alchimist
(GER) 1930
Bramouse
(FR) 1936
Suleika
(GER) 1954
Ticino
(GER) 1939
Schwarzblaurot
(GER) 1947
On
Credit (FR) 1988
No
Pass No Sale (IRE) 1982
Northfields
(USA) 1968
Northern
Dancer (CAN) 1961
Little
Hut (USA) 1952
No
Disgrace (IRE) 1976
Djakao
(FR) 1966
Exbury
Grace (FR) 1970
Noble
Tiara (USA) 1981
Vaguely
Noble (GB) 1965
Vienna
(GB) 1957
Noble
Lassie (GB) 1956
Tayyara
(IRE) 1975
Targowice
(USA) 1970
Shahla
(IRE) 1968