Havana Grey (GB) was the most profitable British- and Irish-based yearling sire of 2023 according to the newly-published Weatherbys Bloodstock Sales Review.
Havana Grey topped the standings with a profitability index of 10.75, comfortably ahead of the next best stallion, Sioux Nation, on 6.61. Those figures were calculated by dividing each sire's 2023 yearling average by their covering fee of 2021, when the offspring in question were conceived.
It was another hugely successful year on the racecourse for the progeny of Havana Grey, with the G1 Prix Morny and G1 Middle Park S. winner Vandeek (GB) emerging as the star of his second crop of two-year-olds. The sire's burgeoning reputation was later reflected at the sales where his 65 yearlings sold for an average of 90,951gns/€107,914, a significant return on their investment for any breeders who sent mares to him in 2021 when his fee was just £6,000. His fee has been increased to £55,000 (from £18,500 in 2023) for his sixth season at Whitsbury Manor Stud in 2024.
Sioux Nation has also been given a fee increase by Coolmore (from €17,500 to €27,500) having built on the success of his juveniles in 2022 when he was second only to Havana Grey among that year's first-season sires. Several members of that crop became Group winners in 2023, headed by G2 Challenge S. heroine Matilda Picotte (Ire), and those who invested in one of his 30 yearlings to sell last year will be hoping for more of the same. They made an average of 55,676gns/€66,060 having been conceived at a fee of just €10,000.
Cotai Glory (GB) and Twilight Son (GB) both operated at basement fees in 2021–€5,000 and £5,000 respectively–and there was certainly value to be had for those breeders who took advantage. Tally Ho Stud resident Cotai Glory had a 2023 yearling average of 25,914gns/€30,747 from 54 lots, giving him a profitability index of 6.15, while Cheveley Park Stud's Twilight Son wasn't far behind on 6.00 having seen his 25 yearlings make an average of 28,595gns/€33,928.
The top five was completed by Sergei Prokofiev (Can), who joined Havana Grey at Whitsbury Manor at a fee of £6,500 in 2021 and will be represented by his first runners in 2024. Those two-year-olds shouldn't be underestimated if the way they performed at the sales last year is anything to go by, making an average of 34,624gns/€41,081 from 84 lots sold.
With a profitability index of 5.59, Sergei Prokofiev was one of only two first-season sires to make the top ten along with Ghaiyyath (Ire) on 4.68, the multiple Group 1 winner who stood at the much higher fee of €30,000 when covering his first mares at Kildangan Stud in 2021. Big things are expected from his first runners in 2024 after his 65 lots caught the eye in a big way at the yearling sales, fetching an average of 118,457gns/€140,549.
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