Value Sires Part II: Under 10,000

Having started with the new stallions for 2024, we are continuing the series with those in the lower price tier beneath the fee of 10,000, whether in euros or sterling. For the benefit of this piece we are treating them as one and the same, despite the current exchange rate of £1 = €1.16.

This is the territory inhabited by many small breeders, and in plenty of cases the margins between operating at a profit and a loss are very tight indeed. 

I am reminded here of a particularly interesting quote from Paul Thorman in the interview with Brian Sheerin which appeared in these pages earlier this week. 

Thorman said, “Fashion has never been stronger. We used to be able to sell yearlings by unpopular stallions. If they were good-looking horses out of reasonable mares, they'd find a level and sometimes that level was quite good. Sir Mark Prescott, Peter Makin, the likes of those people would always buy a good-looking horse by an unfashionable sire. Now, if you have picked the wrong sire, there is nobody for it. Stallions are never as good or bad as fashion says they are.”

This does rather underline just why first-season sires are so popular, with their stock often given plenty of benefit of doubt at their first few rounds of sales. It can also be of benefit to breeders to have hit upon the 'right sire' in his second or third crop if his first-crop runners make an impression. Look how well some breeders have done from using Havana Grey (GB) in the seasons in which he was £6,000 before he shot up to £55,000, or Ardad (Ire) at his lowest price of £4,000 in the year that his first runners took to the track.

There are educated guesses to be had if this is your modus operandi and if you've seen enough of a young stallion's stock at the sales to have given you a favourable impression of how well his runners might fare. But even the finest minds and best stockmen have been flummoxed by the unpredictability of the soaraway success for some stallions and perceived failures of others. It's all part of the beauty – and the frustration – of the breeding industry.

Take Your Chance 

These selections mean that you are spinning the wheel of chance with stallions who have runners this year or in the next two years. We will start with Lope Y Fernandez (Ire), who is at the National Stud at a fee of £8,500. Lope he's called and lope he does, this good-walking son of the highly successful Lope De Vega (Ire) who had 40 first-crop foals sell for an average just shy of £22,000. He also has a strong syndicate behind him, with the National Stud teaming up with Coolmore and Whitsbury Manor Stud. He covered 134 mares in his first crop, followed by 152 in 2023, so should have a decent representation of runners next year.

Some sons of Kodiac have been quick to make an impression and it will be interesting to see if the Flying Childers winner Ubettabelieveit (Ire), who stands at Mickley Stud for £5,000, will follow suit. He has first yearlings this year from an initial season in which he covered 96 mares, a figure which increased slightly to 105 in 2023. Breeding a mare to him this year means you will have a foal in the year of his first runners. Richard Kent and his family support their stallions, and that has been the case again with this horse. They breed plenty of winners at Mickley Stud, and it would be no surprise to see Ubettabelieveit represented by some early sorts.

In A'Ali (Ire) and Caturra (Ire) we find two more winners of the Flying Childers, both of whom were bred by Tally-Ho Stud by their home stallions Society Rock (Ire) and Mehmas (Ire) respectively (and don't forget that this was also the team behind 

Ardad and his son Perfect Power). They are a year apart in their retirement to stud with A'Ali having joined Newsells Park Stud in 2022. He also won the G2 Norfolk S., G2 Prix Robert Papin and G2 Sapphire S., and there were favourable comments and results for his first foals, which averaged £23,200 for the 14 sold.

Caturra is now alongside the aforementioned Ardad at Overbury Stud and, like A'Ali, stands for £5,000. He covered 109 mares in his first season and his foals will be appearing in the coming months. Mehmas's sons are appearing thick and fast, with Minzaal (Ire), Persian Force (Ire) and Supremacy (Ire) all at stud in Ireland, and Lusail (Ire) new to France. Caturra is his sole representative in Britain.

Ballyhane Stud's Sands Of Mali (Fr) is a horse with a very interesting profile. He was the co-second top lot at the now-defunct Tattersalls Ireland Ascot Breeze-up Sale and his unheralded sire Panis had a few people scratching their heads. But he had impressed a notable judge in Con Marnane at the Osarus Yearling Sale and then Matt Coleman took a chance on him as a breezer when buying him for the Cool Silk Partnership for £75,000. It was money well spent. He won the G2 Gimcrack S. and the next year followed up with victories in the G1 QIPCO Champion Sprint, G2 Sandy Lane S. and G3 Prix Sigy (the race named after the champion sprinter who appears in the fourth generation of his pedigree), as well as being a close second in the G1 Commonwealth Cup. 

Sands Of Mali is a good-looking horse with a lot more scope than some sprinters. Through his grandsire Miswaki he brings in a different strand of the Mr. Prospector sire-line than that more readily seen in these parts now through Dubawi (Ire), and his is a pedigree which should be open to plenty of mares. Indeed, plenty did visit him in his first book, but that 152 dropped to 74 and 56. His first runners this year could help to put him back on a similar upward curve to Ardad and at a fee of €5,000.

Don't You Forget About Me

It is hard to believe that Holy Roman Emperor (Ire) is now 20, and don't policemen look young these days? He's a grand horse, who in my mind is still that neat two-year-old who went down valiantly and so narrowly to the prize fighter Teofilo (Ire) in the Dewhurst, having already won the G1 Prix Jean-Luc Lagardere. His stud entrance was hastened by the poor fertility of George Washington (Ire), so we only saw Holy Roman Emperor at two, and in his now-lengthy stud career he has assembled an impressive portfolio that makes his current fee of €8,000 very enticing.

It feels like Dream Ahead has spent most of his stud career being quietly good and not really gaining the recognition and support he deserves. He has two sons at stud in France, where he stood himself for four years after spending his first five seasons at Ballylinch Stud. Now he is at the speed-orientated Bearstone Stud, a sensible place for this top sprinter to be, and the farm is also home to his best daughter, the treble Group 1 winner Glass Slippers (GB). At £6,500, he is at his lowest fee yet and he is far better-credentialed than many younger sprinters at stud. If you have a fast, young mare, why wouldn't you take a chance on a horse who was an excellent racehorse and who has already shown that he can get a good one?

Mayson (GB) is in a similar boat. A July Cup winner who has sired a July Cup winner, he is standing in Ireland for the first time this year at Springfield House Stud for €4,250. Mayson has never covered big books – 90 in his first year, dropping down to 71, 54 and 41 in the last three seasons – but he has the potential to give you a speedy two-year-old who will train on and, as Oxted (GB) and Rohaan (Ire) have shown, he can get a classy individual too.

Owner-Breeder Selections

If you have the luxury of being an owner-breeder with a penchant for middle-distance and staying horses then there is plenty of value to be found by the top-class gallopers who have been recruited by National Hunt studs but could very clearly do a good dual-purpose job. I'd include former Horse of the Year Crystal Ocean (GB) in this bracket at €8,000, along with Haras de la Hetraie's gorgeous liver chestnut G1 Prix Ganay winner Mare Australis (Ire) at €4,500, and the Adlerflug (Ger) full-brothers In Swoop (Ger) and Ito (Ger), at The Beeches Stud and Yorton Farm respectively for €3,500 and £3,000.

And let's not forget an old favourite, Sixties Icon (GB), at Norman Court Stud, with his first-class pedigree and value fee of £3,000. He's far from one-dimensional as a stallion and gets winners across the distance range.

Interesting First Impression

Talking of Adlerflug, his son Iquitos (Ger) made a notable impression last year with only five runners from a total of seven foals in his first crop. His two winners from that set were both stakes winners, including the Group 2 winner and Group 1-placed Mr Hollywood (Ire), a TDN Rising Star who is worth following again this season. Iquitos, a treble Group 1 winner over 10 and 12 furlongs, covered a larger book of 32 mares in 2023 and has subsequently moved from Gestut Graditz to Gestut Rottgen, where he stands for €6,000 and should gain some extra support.

Breeder perspective: Fiona Denniff

Fiona and Mick Denniff of Denniff Farms have focused their attentions on breeding speedily-bred horses with notable success, much of which has stemmed from the purchase of Hill Welcome (GB) (Most Welcome {GB}), ancestress of Beat The Bank (GB), Chil Chil (GB), and Kachy (GB) among a raft of decent winners.

Typically, Fiona provides a pragmatic approach in considering this year's mating plans and admits that she has reduced her broodmare numbers.

She says, “I always add on £20,000 to the stud fee to think about whether I will break even. So if you're using a stallion at, say, £10,000, they've got to make £30,000 before I've made a profit selling them as a yearling, so really to make money and call them good value they've got to make £40,000.

“GBB has been fantastic for improving the lot of fillies but you still have to think very carefully about whether you would get £40,000 if your mare produced a filly.

“There will come along another Havana Grey at some point and those who are astute enough to use that stallion will make their money but you have to consider the flipside. I have sat outside stables waiting for people to come and I know what it's like when nobody does come. Last year was very difficult. I feel that the bottom market has gone and the middle has slipped down.

“Hopefully in this new year some of the factors which affected the sales in 2023 will go, but they won't all go. I'm pulling back on breeding because it's not as commercial at the moment, and I have always been very much in the commercial field.”

Denniff adds,”The reason I never went for middle-distance horses is firstly that I love the look of a sprinter, I love the shape of them. Secondly, when I first started, I couldn't get into a middle-distance pedigree for £3,000, which is what I bought Hill Welcome for. It wouldn't have bought me a good enough pedigree to get going, but for a sprinter it was a good enough pedigree.”

“I am sure among this group of stallions there will be another Havana Grey lurking there, but quite which one it will be is hard to say.

“I don't want to put people off breeding, because we need young blood coming in, and there is nothing better than the feeling of having bred a winner. I'd say that money can't buy that feeling, though of course money does buy it, but it is the best feeling in the world.”

TDN Value Podium

Bronze: Awtaad (Ire), Derrinstown Stud, €5,000

Awtaad remains one of the best value sires in Europe. The son of Cape Cross (Ire) had five black-type winners last year, putting some other much more expensive stallions to shame, and these included G1 Prix d'Ispahan winner Anmaat (Ire) and dual Grade I winner Anisette (GB). His global reach was extended by two Group 3 wins in Sydney for Diamil (Ire). 

His Listed-winning daughter Primo Bacio (Ire) sold for 1.1 million gns at Tattersalls in 2023 and while he had only a handful of yearlings sold last year, the previous season the returns had been decent enough, with 28 sold for an average just over £40,000.

Having dropped to 38 mares covered in 2022, Awtaad was back up to 79 last year, so someone loves him, and rightly so.

Silver: Intello (Ger), Haras de Beaumont, €8,000 

Intello spent his early years at stud alternating between Cheveley Park Stud and Haras du Quesnay, and he is just about to embark on his second season across the road from the latter at Haras de Beaumont. 

From his initial feel of £25,000 he has been at €8,000 for three seasons and that of course tells its own story, but he is clearly a capable sire, and while he may fall more into the owner-breeder category his yearling prices weren't too shabby last year: the 12 sold from 13 offered at Arqana October returned an average of €43,417 and a top price of €135,000. 

That may have been helped by Intello's five black-type winners last year, with Junko (GB) ending his year on a high with victory in the G1 Hong Kong Vase.

Gold: Without Parole (GB), Newsells Park Stud, £8,000

There is a growing surge of Frankel's stallion sons in the pipeline but Newsells Park Stud's Without Parole (GB) was among the first and the fastest, as the winner of the St James's Palace S. in 2018. He's now at £8,000 having opened at £10,000, and he has physical refinement to match his lovely pedigree. His half-brother Tamarkuz (Speightstown) preceded him at stud and won the GI Breeders' Cup Dirt Mile, while his dam, who brings some Lemon Drop Kid blood to the equation, was a half-sister to the GI Travers S. winner Stay Thirsty (Bernardini).

Thirty of Without Parole's first yearlings sold for an average of £35,700. His book size actually rose to 92 last year, after he covered 83 then 75 mares in his first two seasons. That is hopefully a sign that breeders were encouraged by his youngsters. He could surprise a few people this year and if he does, his fee would likely rise again. It could be a good time to jump aboard. 

 

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Fee Increase for Golden Horn 

Overbury Stud has released the fees for its Flat roster, with Ardad (Ire) remaining at £12,500 in 2024 while the fee for Golden Horn (GB) has been increased to £10,000 (from £8,000) on the back of a season in which he was represented by the G2 Queen's Vase winner Gregory (GB) and G2 British Champions Long Distance Cup winner Trawlerman (GB).

Golden Horn, who covered 173 mares this spring, stood his first season at Overbury Stud in 2023, having moved from Dalham Hall Stud after his purchase by Jayne McGivern. His fellow new recruit was Caturra (Ire), a son of Mehmas (Ire), who has been cut to £5,000 from an opening fee of £6,500. He covered a book of 110 mares in his first season.

Caturra's fellow Flying Childers winner Ardad has 101 juveniles to run in 2024. His current crop of foals numbers 144 and he covered a further 154 mares in 2023, his increased numbers being a result of a successful first crop of runners åwhich included the treble Group 1 winner Perfect Power (Ire). 

Simon Sweeting, manager of Overbury Stud, said, “We are very lucky to have such popular stallions who are achieving plenty and yet have even more to look forward to. Ardad's young stock from his excellent 2022 book of mares includes many quite outstanding individuals, and so many breeders have bred back to him to get more of the same. These big books he's had really do stand him in great stead. Meanwhile, Golden Horn has had a really tremendous year: nine Stakes winners, five at Group level – he's outperforming many stallions at far higher fees.”

The fees for Overbury's other stallions, Jack Hobbs (GB), Frontiersman (GB) and Schiaparelli (Ger), will be set later in the year.

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‘He’s Everything Clive Cox Said He’d Be’: Caturra Takes To The Ropes

The winds of change have blown through Overbury Stud in the last year. Gone is the stalwart of the British National Hunt ranks, Kaya Tara (GB), who died in retirement in December at the age of 28. Last summer the Gloucestershire farm had welcomed the horse that many will hope could be his replacement, Golden Horn (GB), bought from Anthony Oppenheimer by Jayne McGivern as his burgeoning National Hunt statistics caught many an eye. Then, at the other end of the spectrum, in came Caturra (Ire) last autumn, the first son of Mehmas (Ire) to stand in Britain and, judging by early demand, a welcome addition to the more commercial end of the stallion ranks in the UK.

“The response has been tremendous,” says Overbury Stud's Simon Sweeting, who may well be giving serious consideration to installing a revolving door on the covering barn. “He has got some super mares. His owner, Saeed bin Mohammed Al Qassimi, has really got behind him and he's bought some lovely mares, especially for him. And obviously he is determined that he succeeds, like we all are. But we've got some tremendous support from people that I would consider to be really good breeders. Nick Bradley is sending at least six mares, Fiona Denniff is supporting him, Whatton Manor Stud, Richard Kent, Paul Shanahan has a share in him. Byerley Stud and Houghton Bloodstock are also sending a lot. Good, sensible breeders who produce winners have got behind him, so hopefully that's going to give him a chance.”

The saying goes that if something ain't broke, don't fix it, and for the team at Overbury, it was well worth taking a chance on Caturra so soon after the early success of Ardad (Ire), who was Britain's leading first-season sire in 2021, and whose stand-out son, the treble Group 1 winner Perfect Power (Ire), has recently joined Darley's team of stallions at Dalham Hall Stud. 

It is easy to join the dots: Ardad, Caturra, and Perfect Power were all bred by Tally-Ho Stud, where Ardad's sire Kodiac (GB) has stood with distinction for years, and which is also home to Mehmas. Furthermore, both Ardad and Caturra won the G2 Flying Childers S. Ironically, this was also the race that was seemingly at the mercy of Cotai Glory (GB) when he jinked and unseated George Baker. Seven years later, Cotai Glory, who also stands at Tally-Ho Stud, edged out Ardad to be the leading freshman sire of Europe.

“It's extraordinary how Tally-Ho keep producing horses like this, but they do. And we're very lucky to be the beneficiaries further down the line,” admits Sweeting. 

This week scientists at University College Dublin and PlusVital have published research which has identified genes associated with stress in the racehorse, and it serves as a timely reminder as to the importance of that magical ingredient in a horse's make-up which is every bit as important as ability: temperament. This is a trait which has often been spoken about in regard to Mehmas himself, who was famously so laidback as an early juvenile in his days with breeze-up pinhooker Roger Marley that he barely paid the son of Acclamation (GB) any attention–until he started galloping.

Caturra hails from the second crop of Mehmas and, according to his former trainer Clive Cox, and now to Sweeting, he appears to have adopted a similar no-nonsense approach to life. 

“He's absolutely brilliant. He really is just a very straightforward horse,” Sweeting says. “He enjoys the routine. He's very relaxed about the way that we do things with him, seeing a lot of the other horses like mares and foals in the same yard as him, and the other stallions. He's quite happy and relaxed out in the paddock, and he's taken to the covering tremendously. He's everything, in fact, that Clive Cox said he would be. He does what you want, as he did when he was in training.”

He continues, “He's getting more than his fair share of mares in foal. It's obviously the slower part of the season, so he is not under pressure. But he's getting them in foal with great regularity. So we are really pleased with the early results. He's very virile, and he's got a great libido.”

Sweeting adds, “Temperament is obviously such an important thing because, I keep saying it to people: if the trainers like them, then you've got half a chance. But if the trainers don't like them, if they haven't got a good attitude, they can very quickly turn against them and then you are sunk before you even start.”

Caturra is out of the Sleeping Indian (GB) mare Shoshoni Wind (GB), a decent handicapper over five and six furlongs, with three wins to her name and a runner-up finish in the Listed Empress S. at Newmarket. Though he has predominantly speed influences close up in his pedigree, the four-year-old's third dam, Pat Or Else (GB) (Alzao), is a half-sister to the St Leger and Gold Cup winner Classic Cliche (Ire) (Salse) and to Yorkshire Oaks and Prix Vermeille victrix My Emma (GB) (Marju {Ire}). With around 115 mares currently booked to him, Caturra clearly will be given a good chance to try to emulate the start made by his own sire in Ireland, and by his fellow Overbury resident, Ardad, whose popularity continues with 145 mares booked in to date. 

“We did wonder when we started him how Caturra would impact on Ardad or vice versa,” Sweeting says. “But actually they're in two different brackets. One is proven and one is not. And they are two very different things for breeders to pick out and reasons for them to use either one. 

“Caturra at the moment is a good level below [Ardad] in price, although a very similar type of horse at the start. But Ardad, he just feels very established now, and particularly having another stakes winner at the weekend, he just feels like he's done it and people can rely on him. You know you're going to get a good-looking horse, you know you've got the potential of a racehorse, and you know that people are going to like them at the sales. Whereas Caturra, you're paying a lot less money, but of course he has to prove himself, so they are in two different places in the market.”

While the two young sprint stallions are clearly going to be kept busy this covering season, busier still will be the Derby and Arc winner Golden Horn. He is listed as having covered 152 mares in his final year at Darley, and his book will be just as full this time around, with the Cheltenham Festival winner Concertista (Fr) (Nathaniel {Ire}) among a line-up of smart jumping mares to be paying him a visit.

“He is going to be busier than all of the others,” Sweeting notes. “We're lucky. We've got a great covering team. We've got a good system and it works pretty well. It is a busy time of year but I am certainly not going to complain about that. When you've got three or four horseboxes there, three times a day, it's a good sign.”

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Value Sires Part V: Everything to Prove

For this final part of the series, we are looking at stallions who have retired to stud since 2021 and will thus have either first foals or yearlings at the sales this year or are about to cover their first book of mares.

There is plenty to digest from three years' intake and of course prices can often drop after a stallion's first year at stud, so there could be some value to be found for breeders willing to roll the dice on a stallion about to embark on his third season. He will have first runners before the resultant offspring of this year's matings make it to a sale. As always, results on the track are everything, and we are very much in unproven territory here. 

As with the earlier parts of this series, the sires have been divided into fee brackets and though there is of course some discrepancy between the euro and the pound, we are treating them as equals here.

Stallions standing at £/€25,000 and above

At £80,000, Baaeed (GB) is the most expensive young sire to retire to stud within this timeframe and it would not have been a surprise if he had commenced covering at a six-figure fee. Instead he is starting at almost exactly the same level as his sire Sea The Stars (Ire) and the problem for Shadwell won't be filling his book, rather deciding which breeders they have to let down. 

Some will baulk at Baaeed's absence of two-year-old form but, at 135, he is the highest-rated son of a brilliant stallion with a wonderful pedigree behind him, as well as a race record that includes victory in six coveted Group 1 races in Britain and France. He'll be given a great chance in his new career and in a few years £80,000 may look very reasonable at this upper level of the stallion market.

Baaeed got the better of Palace Pier (GB) in the 2021 Champion S., but until then the latter had compiled a similar race record, albeit his included maiden and novice wins at two. This top-class miler had his fee trimmed to £50,000 from £55,000 for this year, after a who's who of international breeders lined up to use him in 2022, when he covered 154 mares, including the dams of Cracksman (GB) and Farhh (GB).

On a swelteringly hot June day in Chantilly, Sottsass (Fr) became the first Group 1-winning colt for his Siyouni (Fr) when landing the Prix du Jockey Club of 2019. One could sense the joy Peter Brant derived that day from winning a French Classic, and that was multiplied the following year when Sottsass claimed the Arc, too. He is of course a son of the Monceaux super mare Starlet's Sister (Ire) (Galileo {Ire}) and has been clipped to €25,000 from his €30,000 opening fee. His owner backed him strongly with his own mares and his first yearlings will take to the ring from August. A year behind him and bred on the same Siyouni-Galileo cross is the former champion juvenile St Mark's Basilica (Fr) who sailed through his 3-year-old seasons with a French Classic double followed up by victories in the Eclipse and Irish Champion S. A heftier price tag of €65,000 greeted his arrival at Coolmore, and his first foals will be arriving this spring, while his half-brother Magna Grecia (Ire) (Invincible Spirit {Ire}) will be represented by his first runners. A big year for the family.

One name that we can expect to make a big splash at the yearling sales this year is the 2020 Horse of the Year Ghaiyyath (Ire). The first foals of the son of Dubawi (Ire) and Classic heroine Nightime (Ire) (Galileo {Ire}) returned a six-figure average just above 100,000gns, with a 375,000gns top lot. He is competitively priced at €25,000 and he has covered some smart mares, including G1 Fillies' Mile winner Lyric Of Light (GB) (Street Cry {Ire}), G2 Rockfel S. winner and 1,000 Guineas runner-up Lucida (Ire) (Shamardal), and dual Group 3 winner Tickled Pink (Ire) (Invincible Spirit {Ire}), who is also the dam of G1 Breeders' Cup Juvenile Turf winner Victoria Road (Ire) (Saxon Warrior {Jpn}).

Pinatubo (Ire) carried all before him in his unbeaten juvenile season, ending 2019 as the champion in Europe. It is easy to imagine that his offspring could show similar precocity, thus making it a decent bet that his first yearlings will sell well this year. For these reasons, along with strong support from breeders, he has remained at €35,000 since his retirement to stud. His sire Shamardal had started out at €40,000 and dropped in years four and five to half that amount. We all know what happened after that: his fee climbed steadily, along with his reputation for excellence. 

Persian King (Ire) was an early star and a first Classic winner for his sire Kingman (GB). A Group 3-winning juvenile, beating Magna Grecia (Ire) in the Autumn S. at Newmarket, he took the Poule d'Essai des Poulains and then added a further two Group 1 wins to his credit at four in the Prix d'Isaphan and Prix du Moulin. A first try at a mile and a half on his swansong saw him finish third behind Sottsass in the Arc. He entered stud at a sold €30,000 and has been trimmed slightly in this, his third year, to €25,000.

Last season's champion juvenile Blackbeard (Ire) will remain a brilliant 2-year-old in our memories as he has been retired to stud off his dual Group 1 strikes in the Prix Morny and Middle Park S. From his eight starts, he won six, as early as the beginning of April and including the G3 Marble Hill and G2 Prix Robert Papin. 

At a time when many breeders will struggle to get near his sire No Nay Never, Blackbeard looks an appealing alternative at €25,000 and it's unlikely that he will lack support. 

Stallions standing at £/€15,000 to £/€24,999

Godolphin had an embarrassment of Shamardal riches in 2019 with Pinatubo stealing the show but Earthlight (Ire) more than holding his own when, just like Blackbeard three years later, he won the G1 Prix Morny and G1 Middle Park. Earthlight's foals sold well last year and, now trimmed from an opening fee of €20,000 to €15,000, he could well be good value at this level. Victor Ludorum (GB), who completed Godolphin's hat-track of homebred Group 1-winning sons of Shamardal that year, stayed in training through his 4-year-old season after winning the Prix Jean-Luc Lagardere and Poule d'Essai des Poulains in his first two years in training. His final win was in the G3 Prix Messidor, and he too is at €15,000 at Haras du Logis.

Hello Youmzain (Fr) has Shamardal on his dam's side and is a rare son of Kodiac (GB) in France. He's a durable one, too. In three seasons to race, he was a Group 2-winning juvenile before landing the G1 Sprint Cup at three and the G1 Diamond Jubilee at four. Starting out at €25,000, he's now at €22,500 in his third season.

At the same stage in their stud careers are two Group 1-winning milers: Kameko and Mohaather (GB). The former, by Kitten's Joy and a top-level winner at two and three, has had a £10,000 reduction from his opening fee and is now at £15,000, while Mohaather, a sleek son of Showcasing (GB), has also been at that fee for two years, having started at £20,000.

Like the aforementioned Victor Ludorum, Lucky Vega (Ire) also represents the Shamardal line, has his first foals arriving, and is also pitched in at €15,000. He has received significant backing by his owner Yulong Investments, and is one of a number of young sons of Lope De Vega (Ire) at stud. It is doubtless hoped by his connections that he will pick up the baton for this line which is increasingly flourishing in Europe.

Similar comments can be applied to Space Blues (Ire) and the Dubawi sire-line. The hardy little chestnut really hit his stride as an older horse after being Group 1-placed and a listed winner at three. His top-level wins came in the Prix Maurice de Gheest (beating Hello Youmzain) at four, before he signed off at five with an international G1 double in the Prix de la Foret and Breeders' Cup Mile. He has been competitively priced at €16,000 this season.

The G1 July Cup winner Starman (GB) was one of the busiest Flat stallions of 2022, with David Ward's statuesque homebred given a rousing reception at Tally-Ho Stud when covering 254 mares at a fee of €17,000. That has been trimmed his season to €15,000.

Entering stud this season in this bracket are the Group 1 winners State Of Rest (Ire) at €25,000, and Mishriff (Ire) and Torquator Tasso (Ger) at €20,000. Perfect Power (Ire) begins at a fee of £15,000 in Newmarket, while in Ireland Bayside Boy (Ire), Minzaal (Ire) and Naval Crown (Ire) are all starting off at €15,000.

Stallions standing at £/€7,500 to £/€14,999

In France, where Wootton Bassett (GB) is almost certainly missed, his fast son Wooded (Fr) was added to the ranks at Haras de Bouquetot in 2021 after winning the G1 Prix de l'Abbaye. Starting off at €15,000, his first yearlings are on the horizon and his fee has been snipped to €12,000.

Wooded went head-to-head in Normandy with Golden Horde (Ire), another Group 1-winning sprinter who joined the Sumbe team and will also have his first yearlings for sale this year. His opening mark of €10,000 has been reduced to €8,000.

Circus Maximus (Ire) has tended to sail a little under the radar, but it should not be forgotten that he is a treble Group 1-winning miler by Galileo (Ire) out of a classy mare in the Group 2 winner Duntle (Ire) (Danehill Dancer {Ire}). His fee has been halved from his first year to €10,000 in his third year, and he has some potentially smart offspring to represent him, including Proxima Centauri (Ire), a filly out of his breeder's four-time Group 1 winner Alpha Centauri (Ire) (Mastercraftsman {Ire}) and a colt out of the smart racemare Banimpire (Ire) (Holy Roman Emperor {Ire})

Another well-bred son of Galileo, Japan (GB), joined the German stallion division at Gestut Etzean in 2022 and has remained at €11,000 for his first two seasons. The National Stud's Lope Y Fernandez (Ire) is another with first foals arriving and his fee has also been maintained at £8,500, while the G1 Middle Park S. winner Supremacy (Ire), one of a number of young sons of Mehmas (Ire) to retire to stud in the last two years, has been trimmed from €12,500 to €10,000 at Yeomanstown Stud. A year behind him is another Mehmas horse, Persian Force (Ire), who starts out at Tally-Ho Stud, where he was conceived, at €10,000.

The Chehboub family's Haras de Beaumont sets out its stall as one of the newest stallion operations in France by standing their own Prix Jean-Luc Lagardere and Champion S. winner Sealiway (Fr) at an opening fee of €12,000.

If you set a stallion's fee against the number of miles covered in their careers then Stradivarius (Ire) would certainly represent value as he raced over almost 65 miles during his 35 races, 20 of which he won, including 18 group races. In fact, any way you look at it, you get plenty of bang for your buck (£10,000, to be precise) when booking a mare to the charismatic stayer, for his noted soundness is exemplified by his elastic movement which has turned many heads since he joined the stallion yard at the National Stud. Throw in the Stradivarius breeder bonus offered by his owner Bjorn Nielsen, which rewards the breeders of his first ten 2-year-old winners with £25,000 each, and first-crop group winners with £100,000 for Group 2 or 3 races and £250,000 for a Group 1 victory, then he is certainly worthy of serious consideration.

Stallions standing at less than £/€7,500

Farhh (GB) may have covered only limited books since retiring to stud in 2014 but he now has four sons at stud. Two of those, Far Above (Ire) and King Of Change (GB), stand alongside each other at Starfield Stud and have their first yearlings on offer later this year. Yes, it's a chancey time to use any third-year stallion, but at €5,000 and €6,000 respectively, they look well-priced, and the Group 1-winning miler King Of Change in particular came in for some compliments from shrewd operators when his first foals were in the sales rings last November.

We may have trouble saying his name, but Sergei Prokofiev did not go unnoticed when his first foals hit the sales last year either, and the son of Scat Daddy is another ensuring that the Whitsbury Manor Stud stallion barn remains plenty busy over the coming months. At £6,000 he is competitively priced, and the same can be said for River Boyne (Ire), Tara Stud's Grade 1-winning son of Dandy Man (Ire), who has remained at €5,000, the same fee set this year for Shaman (Ire), the Wertheimer-bred son of Shamardal who is at Yeomanstown Stud.

One of the most interesting horses in this fee bracket is Sands Of Mali (Fr), winner of the Gimcrack at two, followed by the G1 QIPCO British Champions Sprint at three among his four group victories. He's by a stallion that has some people scratching their heads, the dual Group 3 winner Panis, himself a son of the influential Miswaki. At €5,000, Sands Of Mali is an easy horse to breed to, but not just because of his largely outcross pedigree: he was also talented and is good-looking to boot. He has recently been joined at Ballyhane Stud by Space Traveller (GB), a son of Bated Breath (GB) who raced until he was six, having won the G2 Clipper Logistics Boomerang S. and G3 Jersey S. at three. His final start came last season when denied by a head to finish second in the GI Frank E Kilroe Mile at Santa Anita, and he starts his new career at a fee of €6,500.

Also at €5,000 at Castlefield Stud in Ireland is Alkumait (GB). We can be certain that his half-brother Chaldean (GB) (Frankel {GB}) will end up at stud eventually, but in the meantime this Group 2 winner has stolen a march and joins an increasing throng of sons of the popular Showcasing (GB) now at stud.

No Nay Never is another stallion with increasing representation among the stallion ranks and his young sons include Arizona (Ire), who is at Castleyhde Stud and the Molecomb S. winner Armor (GB), a recruit last year to Haras de Bouquetot. Both stand at €5,000, while Armor has been joined at Bouquetot by the G1 National S. winner Thunder Moon (Ire), who stands for €6,000.

A'Ali (Ire), a son of the late Society Rock who notched up four Group 2 wins during his career with Simon Crisford, joined the throng at Newsells Park Stud last season and his fee has been reduced from an opening mark of £7,500 to £5,000 this year, making him another to be a potentially value option for breeders. 

Tally-Ho Stud is represented as the breeder of a growing number of stallions at stud, including A'Ali and also Overbury Stud's new recruit Caturra (Ire). The Flying Childers winner is the first son of Mehmas to stand in the UK, and he has joined another Tally-Ho-bred, Ardad (Ire), at the Gloucestershire farm, where he will start off at £6,500.

The latest son of Wootton Basssett to retire to stud in France is last season's Poule d'Essai des Poulains runner-up Texas (Fr), who now stands at Haras de Hoguenet for €3,800.

Big Shuffle's son Areion (Ger) made a pronounced mark on the German breeding scene over many years, and died last year at the age of 27. He has been succeeded in that country by the Group 1 winner Alson (Ger), who retired to Gestut Fahrhof last year and stands at €6,000, while Rubaiyat (Fr), a five-time group winner in Germany and Italy, is his latest son to take up stallion duties, and he is at Gestut Ohlerweiherhof, where he commands a fee of €4,500.

Value podium:
Instead of selecting a gold, silver and bronze medallist, as is the norm for this feature, I am opting instead for three stallions across the distance range whom I believe represent value at this early stage of their careers. There are no prizes for guessing that Stradivarius is one, and he is joined by the miler Mohaather and the sprinter Sands Of Mali.

The post Value Sires Part V: Everything to Prove appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.

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