Enable Returns to Dubawi as Juddmonte Outline 2024 Matings

Enable (GB) (Nathaniel {Ire}) is set to visit Dubawi (Ire) for the third year in a row,  according to plans released by Juddmonte for its European broodmare band. The 11-time Group 1 winner's dam Concentric (GB) (Sadler's Wells) will be covered by Frankel (GB) after foaling to Dubawi.

Enable's first foal, the two-year-old colt by Kingman (GB) named Encompass (GB), will be trained by John and Thady Gosden at Clarehaven Stables, the former home of both his sire and dam. Enable's two-year-old full-brother Concert Tour (GB) has not yet been allocated to a trainer. 

Juddmonte's champion sire Frankel (GB) can naturally rely on plenty of support from his home camp, with 27 of the operation's stakes winners and/or producers on his book for 2024. These include the Group 1 winners Announce (GB) (Selkirk), Emollient (Empire Maker), who is the dam of Frankel's stakes-winning daughters Raclette (GB) and Ardent, Juliet Foxtrot (GB) (Dansili {GB}), Midday (GB) (Oasis Dream {GB}), Proviso (GB) (Dansili {GB}), Viadera (GB) (Bated Breath {GB}), and Special Duty (GB) (Hennessy), whose Frankel colt Task Force (GB), trained by Ralph Beckett, is a potential Classic campaigner for this season. Juddmonte purchased Teona (Ire) (Sea the Stars {Ire}) at Tattersalls in December for 4.5 million gns when carrying to Frankel and she will return to him this year. 

Bird Flown (GB) (Oasis Dream {GB}), the dam of Irish 2,000 Guineas winner Siskin (First Defence), is another on the list for Frankel along  with Portodora (Kingmambo), the dam of GI Arlington Million winner Set Piece (GB) (Dansili {GB}), and Repose (Quiet American), who has produced the treble Group 1 winner State Of Rest (Ire) (Starspangledbanner {Aus}).

Frankel's winning full-sister Chiasma (Ire) (Galileo {Ire) returns to Dubawi, and his Listed-winning half-sister Joyeuse (GB) (Oasis Dream {GB}) heads to Ireland to be covered by Wootton Bassett (GB) at Coolmore. She is the dam of the 2023 G2 Mill Reef S. winner Array (Ire) (No Nay Never), who is trained by Andrew Balding and is her fourth black-type performer. 

Strong Book for Kingman

Kingman's intended mates for 2024 will include return visitor Helleborine (GB) (Observatory), who has already produced the G2 Coventry S. winner and sire Calyx (GB) and Listed winner Coppice (GB) from previous matings with him.

The Group 1 winner and Group producers African Rose (a sister to Helleborine) and Passage Of Time (GB) (Dansili {GB}) are also booked to Kingman, along with Scuffle (GB) (Daylami {Ire}) and Nimble Thimble (Mizzen Mast), the dams of Group 1 winners Logician (GB) and Quadrilateral (GB) respectively. 

Group winners Brostaigh (Ire) (Footstepsinthesand {GB}), Dandhu (Ire) (Dandy Man {Ire}), Fount (GB) (Frankel {GB}) and  Pocket Square (GB) (Night Of Thunder {Ire}) are also on the list along with Midday's Group 3-winning half-sister Sun Maiden (GB) (Frankel {GB}).  Trojan Queen (Empire Maker) is another returning to Kingman having producing the Group 3 and dual Listed winner Sangarius (GB) to him.

Seventeen for Chaldean

Banstead Manor Stud's new recruit to the stallion ranks, Frankel's 2,000 Guineas-winning son Chaldean (GB), will receive 17 mares from the Juddmonte broodmare band. Twelve of these are black-type performers or producers, while the other five are either half-sisters to Group 1 winners or daughters of Group 1 winners. 

Exemplify (GB) (Dansili {GB}), the dam of the GI Breeders' Cup Mile winner Expert Eye (GB), will visit Chaldean, along with proven producer Deliberate (GB) (King's Best), whose five black-type performers include the Group 2 winners Projected (GB) and Headman (GB), and Shared Account (GB) (Dansili {GB}), the dam of dual Group 3 winner Pocket Square. 

Flare Of Firelight (Birdstone), the dam of G2 Gimcrack S. winner Threat (Ire), is also in his first book along with Group winners Timepiece (GB) (Zamindar), Hot Snap (GB) (Pivotal {GB}) and Modern Look (Zamindar), who is already the dam of Group 3 winner Grand Jete (GB).

Venturing Farther Afield 

A hallmark of Juddmonte's matings, and indeed its success over the years, has been the operation's strong support of its own roster of stallions, which also includes Oasis Dream and Bated Breath. A selection of the Juddmonte mares to be venturing outside the fold this year includes Emulous (GB) (Dansili {GB}), who visits Camelot (GB) to replicate the mating that produced the G1 Irish Oaks runner-up Bluestocking (GB). Grade I winner daughter Capla Temptress (GB) (Lope De Vega {Ire}) visits Dark Angel (Ire), and Frankel's G1 Fillies' Mile winner Quadrilateral will be going to Wootton Bassett.

Romantica (GB) (Galileo {Ire}), a Group 1-winning daughter of Banks Hill (GB), will visit Zarak (Fr) at the Aga Khan Studs, where the G3 Aston Park S. winner Haskoy (GB) (Golden Horn {GB}) and her dam Natavia (GB) (Nathaniel {Ire}) are both set to be covered by Siyouni (Fr). 

Sacred Shield (GB) (Beat Hollow {GB}), the dam of GI Matriarch S. winner Viadera, will become the first Juddmonte mare to visit Whitsbury Manor Stud's Havana Grey (GB). Group 3 winner Juliet Sierra (GB) (Bated Breath {GB}) heads to Darley's Too Darn Hot (GB) while multiple Group winner Zarinsk (GB) (Kodiac {GB}) will be covered for the first time at Coolmore by No Nay Never.

 

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Chaldean Ushers in a New Age at Juddmonte

Outside the boxes of the foaling unit at Banstead Manor Stud are Juddmonte's versions of the blue plaques one sees across Britain on the former homes of famous people. Here, of course, the plaques are a subtle green, but when it comes to equine celebrities there can be no bigger name than Frankel (GB). 

He was born in one of the old brick boxes which should be granted special sporting heritage status on February 11, 2008. It is hard to believe that his 16th birthday is looming. Backing on to his foaling box is the one where Kingman (GB) entered the world, also in the month of February but three years later, and along the row is the birthplace of Dansili (GB), whose extraordinary mother Hasili (GB) is commemorated in bronze close to that illustrious foaling wing.

In almost every instance, the Juddmonte stallions go and then they come back to live across the vast expanse of lawn from where their lives began in the lavish yard that was built 100 years ago initially to house the 2,000 Guineas and Derby winner Manna (GB).

An outlier in this regard is this year's new recruit, another winner of the 2,000 Guineas, Chaldean (GB). Laying down an important marker as the first son of Frankel to retire to Banstead Manor, Chaldean was the result of a foal-share by Juddmonte with his breeders, the Harper family of Whitsbury Manor Stud. 

When the chestnut colt appeared at the December Foal Sale of 2020, the Juddmonte inspection team liked what they saw, so much so that Simon Mockridge duly bid 550,000gns to buy out the Harpers. It was a sound decision. 

Chaldean was still four days shy of his third birthday when he became a Classic winner. Still technically three, he now strides across the stallion yard like he owns the place: a proud, strong and correct young stallion. To the manner born, if not at the manor born.

As he struts his stuff before posing without the hint of a fidget, Chaldean already has the professionalism of a stallion who has been putting on such a show for years rather than months. He certainly looks the part, but then the big, bay head of his father appears over the door of his stable as if to remind us that so far the bragging rights are all his. 

One of the plaques at Banstead Manor Stud's foaling unit | Emma Berry

Frankel became the champion sire of Britain and Ireland for the second time in 2023. The Andrew Balding-trained Chaldean, who had also won the previous year's G1 Dewhurst S., just as his sire had done, was one of his 11 Group 1 winners. That list includes the Oaks winner Soul Sister (GB), Nashwa (GB), a Classic heroine herself a year earlier, and the brilliant six-time Group 1 winner Inspiral (GB). Remarkably, all three of those fillies reside in John and Thady Gosden's stable and have remained in training for the coming year.

Chaldean's dam Suelita (GB) (Dutch Art {GB}) had already dropped hints that she was something a bit special when her first two foals, The Broghie Man (GB) (Cityscape {GB}) and Gloves Lynch (GB) (Mukhadram {GB}), each earned black type. Her record improved again when her fourth foal became the G2 Mill Reef S. winner Alkumait (GB), by Whitsbury Manor Stud's home stallion Showcasing (GB), who was himself bred by Juddmonte. Alkumait is now at Capital Stud in Ireland.

Then came Alkumait's full-sister Get Ahead (GB), a Listed winner who was runner-up in the G1 Flying Five S. last season before being bought by Tony Bloom and Ian McAleavey for 2.5 million gns at the Tattersalls December Mares Sale. By then of course she was also a half-sister to a Classic winner. The next one to look out for, and once again in the Juddmonte silks, is the mare's two-year-old filly by Kingman (GB), who topped the foal sale of 2022 at a million gns. She has been named Kassaya (GB), after a daughter of Nebuchadnezzar II, one of the rulers of the Chaldean Empire. A classy touch by a classic operation.

Shane Horan, Juddmonte's nominations manager, says of Chaldean, “He put together a very good sequence of wins following his maiden. He won three very prestigious two-year-old races in the Acomb at York, the Champagne Stakes at Doncaster and the Dewhurst Stakes. The Dewhurst is obviously the crowning race of the year for the two-year-old season, and he won that in the second-fastest time ever. And straightaway we knew we had a stallion prospect, even just based on that.

“But then obviously he trained on as a three-year-old and won the 2,000 Guineas. That solidified his stallion career, and then with the credentials of being a son of Frankel out of a very fast mare who's a proven producer of fast two-year-olds and sprinters, we knew we had an exciting package to deal with.”

 

Horan recounts how the interest in Chaldean “snowballed” as breeders came to view him during the December Sales. 

“I think just going back to people remembering what he was like as a foal and the commercial breeders, they're trying to produce foals like that. If he can throw [foals] like himself, there's the precocity on his dam side. She is by Dutch Art out of a Green Desert mare, so there's a lot of speed there,” he says. 

Horan reflects on another stellar year for Chaldean's sire in 2023, which has been followed up at the start of this new year by Inspiral winning the Eclipse Award for the Top Female Turf Horse, and Measured Time (GB) becoming his latest big winner in the G1 Jebel Hatta last Friday.

Frankel's first big son to stud was Cracksman,” Horan says. “And from his first crop, he gets an unbeaten French Derby and an Arc winner in Ace Impact. So that's very encouraging. And then throw in the fact that Chaldean was a very good two-year-old, and that's what people really want. So it is encouraging and fingers crossed.”

However much crossing of fingers takes place, it will all be up to the magic of genetics now. Chaldean will certainly be served up a decent book of mares, even considering the competition he faces for blue-blooded females from within his own stable yard.

He stands now in the box once occupied by Rainbow Quest, and he is the charge of Elliott Body, who proudly shows him off while vouching for how easy he has been to handle since his arrival at the stud late last year. 

Once stabled, Chaldean has to his right his own imposing father and the venerable Oasis Dream (GB), still covering at the age of 24 and with a record as both sire and broodmare sire that deserves plenty of respect. To his left is Bated Breath (GB), in the stable once occupied by his late sire Dansili and with a potentially big year ahead of him, and Kingman (GB), who is swiftly compiling his own solid line-up of sons at stud. 

The competition naturally continues beyond the walls of Banstead Manor, too. In Newmarket alone there are three new Group 1-winning sons of Frankel at stud this year – with Triple Time (GB) having joined Darley and Mostahdaf (Ire) at Shadwell – as well as Onesto (Ire), from one of Juddmonte's top families, in France. Farther afield, Adayar (Ire) and Westover (GB), have joined the stallion ranks in Japan, while Hurricane Lane (Ire) has a jumps berth in Ireland. 

It is too early to be talking about succession when it comes to Frankel: he's still king of the hill and likely to be for years. But often the heir comes from within, and Chaldean has plenty in his favour to give him a chance to succeed.

 

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Value Sires Part III: 10,000 to 20,000

Stick or twist? That's the question faced by many breeders this year. Anecdotally, it appears that some will be pulling back and not covering certain mares, which is understandable after a tricky sales season, not to mention the constant reminders from racecourse managers regarding the “significant headwinds” faced by racing.

Unlike America, the foal crop in Britain and Ireland has been gently on the rise in recent years, up to 13,438 in 2023, compared to 12,778 in 2020, though within that combined number for last year, the Irish crop rose by 4% to 9,082 while the British number was down by 4% at 4,356. It will be interesting to see if that trend continues this year.

Those behind the stallions will be all too aware of the dilemma faced by some of their clients. In Monday's TDN, Coolmore's Mark Byrne said, “Now more so than ever breeders will need to steady the ship and use the good stallions that they can afford.” 

As we discussed in Part II of this series, which looked at stallions under the £/€10,000 mark, for those attempting to breed commercially and second-guess which way the winds of fashion and favour will blow, it truly is a game of chance. As we go up another tier in price, we will try to offer some perspective on both up-and-coming and established stallions which could offer value. This will not include any of the stallions standing their first season this year who were dealt with in Part I of the series.

Proven sires

While for many breeders the Juddmonte high-flyers of Frankel (GB) and Kingman (GB) are out of reach, it is hard to look past two stalwarts of the roster in this division. Bated Breath (GB) had a quieter year in 2023 by his own standards but he has the offspring of his strongest crop on paper to run for him this year and he's a stallion we will surely be hearing plenty more from. Having spent a couple of years at £15,000, he is back down to £10,000 and when considering his yearling average in 2023, of £48,300 for 60 sold, this does look a very workable price for a horse who generally gets good-looking sprinter-milers.

Then there is his fellow resident Oasis Dream (GB), who has been a friend to the British breeding industry for 20 years now and last year had a yearling average of just over £55,000. Yes, he's 24, but at his lowest fee of £15,000 (his career high having been £85,000 ten years ago) he's a decent choice to get a young mare off to a good start. We all know what Oasis Dream can do: his best horses among his 18 Group/Grade 1 winners include his champion two-year-old son Native Trail (GB), who has recently retired to Kildangan Stud, the brilliant Midday (GB) and top sprinter Muhaarar (GB). Oasis Dream is versatile as a sire and increasingly influential as a broodmare sire – from brilliant juvenile sprinter Big Evs (Ire) (Blue Point {Ire}) to talented stayer Quickthorn (GB) (Nathaniel {Ire}). 

And that brings us to Nathaniel, who some now seem to consider a National Hunt sire but that's sheer madness. With a Derby winner and an Oaks winner already in his portfolio, Nathaniel added another two Group 1 winners to his list last year in the Champion Fillies and Mares S. winner Poptronic (GB) and the aforementioned Quickthorn. Both of these horses raced for their breeders, and I guess Nathaniel has a proper owner-breeder profile, but look at how the Blunts and the Blyths have been rewarded for their patience: Poptronic was sold for 1.4 million gns after her Champions' Day success, having also racked up racecourse earnings of £459,815, and Quickthorn has earnings knocking on the door of £800,000.

Nathaniel's fee has gone up again a little this year. After spending three years at £15,000, he is now back at £17,500, but he's still worth it. 

Golden Horn (GB) is another with a National Hunt label around his neck since his move to Overbury Stud but again, if you're an owner-breeder with a bit of patience, he really should not be forgotten. Admittedly, it remains a disappointment that from his early expensive books he has still not produced a Group 1 winner. That is surely coming, but it didn't happen soon enough to stop his fee dropping from £60,000 to £10,000 (having been at £8,000 last year when he covered 162 mares). Sure, plenty of breeders have had their fingers burnt, but he is now at a price which is workable. He had nine stakes winners in 2023, including three Group 2 winners, putting him ahead of some fairly big names, and he certainly should not yet be considered solely a jumps sire.

On the rise

Territories (Ire) is quietly compiling a decent record and is one who could easily be overlooked in the rush for the new stallions. He shouldn't be. Haydock Sprint Cup winner Regional (GB) became his second Group 1 winner last year after the Prix de l'Opera heroine Rougir (Fr), and he was represented by another seven stakes winners in Australia, Britain, Italy and Germany last year. His fee has been pretty consistent: £12,000 for his first four years and £10,000 for the next four. Territories is not necessarily flashy but, from the family of Shamardal and Street Cry (Ire), he has a solid feel to him.

There's a lot of love for Kodi Bear (Ire), particularly in our house, because he is from the family of Roy Rocket (Fr). But that pointless fact aside, he made a decent start with his first crop which included the Group 2 winner Go Bears Go (Ire) and Oaks runner up Mystery Angel (Ire). He needs to build on that, but he has some bigger and more expensive crops on the way through following his early success. This season's two-year-olds were conceived from his lowest fee of €6,000. He's been at €15,000 for the last two seasons and remains at that figure in 2024. Crucially, the market seems to retain faith in his stock.

Phoenix Of Spain (Ire) caught a few people by surprise with the early results of his first two-year-olds, his 18 winners including the G2 Vintage S. winner Haatem (Ire) and giving him a 36% winners to runners strike-rate. His fee for 2024 has been reduced by a third from his opening price of €15,000, and €10,000 seems a reasonable level for this good-moving Classic winner.

Heading into the second season

In France, Sealiway (Fr) was the busiest new stallion of 2023 and, a good juvenile himself, it would be no surprise to see him make a reasonably fast start with his runners. That won't be until 2026, but considering the leap his own increasingly popular sire Galiway (GB) has made, from €3,000 to €30,000, Sealiway's fee of €12,000 may look reasonable in years to come, and he has certainly been lent some support to get his career off to a decent start.

For his personalised breeder bonus scheme alone, which returns for his second year at stud, it is worth taking a chance on Stradivarius (Ire), who covered 120 mares in his first year and remains at £10,000. He's unlikely to get you the Brocklesby winner but if he sires horses in a similar mould to himself, there could be plenty of fun and rewards to be had down the line.

TDN Value Podium

Bronze: Gleneagles (Ire), Coolmore, €17,500

From a top-drawer family, Gleneagles had weighty expectations on his shoulders from the start. While he may not have quite lived up to that level, and his fee has come down accordingly, he has steadily proved himself to be more than useful and was represented by nine group winners last year, while his daughter One Look (Ire) was the easy winner of the Goffs Million on debut, having been picked up for €65,000 as a yearling. In the last two years another three of his daughters have sold for in excess of 500,000gns at the December Mares Sale.

Silver: Ardad (Ire), Overbury Stud, £12,500

Ardad could have a big year in store. From being the leading first-season sire in Britain in 2021, when his son Perfect Power (Ire) won the G2 Norfolk S., G1 Prix Morny and G1 Middle Park S., his numbers dropped off keenly to just 18 foals in his third crop, but the success of his first runners meant that his book soared to three figures, and he has 101 two-year-olds in 2024, with 144 yearlings to follow those. From a lowest fee of £4,000 in 2021, he has since then stood at £12,500, which keeps him in a commercial bracket, with a yearling average last year of almost seven times his fee.

Gold: Study Of Man (Ire), Lanwades, £12,500

One of the best-bred stallions in Europe, this son of Deep Impact (Jpn) made a really promising start with his first two-year-olds last year and is another who could be set for a big season. His most obvious Classic prospect from his nine winners at a strike-rate of 35% is Deepone (Ire), winner of the G2 Beresford S., a race whose previous winners include Sea The Stars (Ire), Saxon Warrior (Jpn), and Luxembourg (Ire). But there are others who could well step up on impressive performances last season, including the French-trained Birthe (Ire) and Newmarket winner Sons And Lovers (GB). One would expect his stock to be progressive and there's a number of well-bred youngsters yet to make an appearance, not least a half-brother to the Derby winner Desert Crown (GB).

Breeder's perspective: Tom Whelan, Church View Stables

Gold: Kodi Bear (Ire)

Silver: Supremacy (Ire)

Bronze: Space Blues (Ire)

Breeder and pinhooker Tom Whelan says, “I've had great luck with Kodi Bear so I'd have to put him forward as being the best-value stallion in this bracket. He gets great-looking horses and they all have a great attitude and lovely size for a son of Kodiac (GB). He's just very hard to knock. I'm a huge fan.  

“I have been very taken by some of the progeny of Supremacy. He looks to have a real chance. Another one who had his first foals last year was Space Blues and, while I might be a bit biased here because I got decent money for one, I'd be happy to use him going forward. I better give a mention to two others, Phoenix Of Spain and Lucky Vega (Ire), as they are producing the goods at this level as well.”

 

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Stallions Fees: That Was The Week That Was

Our man in Ireland, Brian Sheerin, timed his run to the altar to perfection, leaving his colleagues to sort through and try not to miss any of the plentiful stallion fee announcements over the last week or so. He's now back from his Tuscan honeymoon and has been banned from getting married again.

In case any of you were similarly distracted by nuptials, holidays, or binge-watching The Dry, here's a handy TDN overview as to who's up, who's down, and who's new on the stallion scene. (And a tip to those of you entrusted with sending out press releases: try to send them well before 6pm. Certain members of the European desk get a little tetchy if the pouring of the first gin is delayed.)

The Big Boys

Some things in life remain reassuringly expensive, and that can certainly be said for the top stallions in Europe. In this elite sector, it is not usually a case of finding enough breeders to stump up the money, more a worry for the stallion owner as to how not to offend those who won't make the cut for said horse. 

Dubawi (Ire) became the most expensive stallion in the world earlier this year when his fee was raised to £350,000, and he remains at that level for 2024. He is now joined by Frankel (GB), who has gone up from £275,000 and is about to wrestle the champion sire trophy back from his Newmarket neighbour. 

While the rock-solid trio of Wootton Bassett (GB), Sea The Stars (Ire) and Siyouni {Fr) have all had their fees increased after yet more notable results on the track this season, some of the others in this higher bracket have been held at 2023 prices. 

We're including Invincible Spirit (Ire) in this section. He was at his highest price of €120,000 between 2016 and 2019 and dropped to €60,000 in 2022. He has been listed as private since this start of the 2023 covering season, but by dint of seniority (he will turn 27 in January) and influence, he deserves to be included here.

Dubawi £350,000 (-)
Frankel £350,000 (+ £75,000)
Wootton Bassett €200,000 (+ €50,000)
Sea The Stars €200,000 (+ €20,000)
Siyouni €200,000 (+ €50,000)
No Nay Never €150,000 (- €25,000)
Kingman £125,000 (-)
Lope De Vega €125,000 (-)
Night Of Thunder €100,000 (-)
Baaeed £80,000 (-)
New Bay €75,000 (-)
Invincible Spirit PRIVATE (-)

The Middle Ground

Those on the rise in this sector include this season's three 'buzz' sires, the freshmen Too Darn Hot (GB) and Blue Point (Ire), each of whom has been represented by at least one Group 1 winner, and leading second-season sire Havana Grey (GB), who shows no signs of stopping after his breakthrough season in 2022.

We also have the three most expensive new arrivals, led by the four-time Group 1 winner Paddington (GB).

Various press releases from studs last week referred to the challenging yearling sales in 2023 when announcing reduced fees. Often the top end of the market is immune to this, but that wasn't the case this year and there were retractions in most sales sectors, though it has to be said that these came after a frankly extraordinary 2022, the first fully normal season post-pandemic. 

There have been some notable reductions in fees at most levels of the market, and the results of the foal sales will no doubt determine how many deals there are to be done.

Too Darn Hot £65,000 (+ £25,000)
Havana Grey £55,000 (+ £36,500)
Blue Point €60,000 (+ €25,000)
Dark Angel €60,000 (-)
Zarak €60,000 (-)
Paddington €55,000 NEW
Camelot €50,000 (- €10,000)
Mehmas €50,000 (- €10,000)
St Mark's Basilica €50,000 (- €15,000)
Palace Pier  £45,000 (- £5,000)
Showcasing £45,000 (-)
Starspangledbanner €45,000 (- €5,000)
Ace Impact €40,000 NEW
Pinatubo £35,000 (-)
Sea The Moon £32,500 (+ £7,500)
Kodiac   €35,000 (- €5,000)
Modern Games £30,000 NEW
Churchill €30,000 (-)
Galiway €30,000 (-)
Teofilo €30,000 (-)

Twenty-Somethings

Sioux Nation is a big climber in this bracket but he too has had some fine representatives in his second season with runners. Congratulations are due to Caroline Hanly and Sean Ronan for breeding a horse as tough as his son Brave Emperor (Ire), whose 15 outings in two seasons have resulted in nine wins, including four group wins.

There's a number of young stallions here on the verge of being loved or loathed, depending on how their first runners fare. (Mind you, those decisions are now often made as early as the foal sales, with some later having to admit they were wrong to judge so harshly so soon.)

It is good to see the dependable Nathaniel (Ire), who had another Group 1 winner this year in Poptronic (GB), given a little boost, and similar comments apply lower down the fee scale to Golden Horn (GB), who has risen from £8,000 to £10,000. In both cases, however, they have covered plenty of National Hunt mares. 

By the way, Nathaniel and Cracksman are on the list as their sterling-to-euro price conversion elevates them to just beyond the 20,000 mark.

Chaldean £25,000 NEW
Little Big Bear €27,500 NEW
Sioux Nation €27,500 (+ €10,000)
Acclamation €25,000 (- €2,500)
Ghaiyyath €25,000 (-)
Persian King €25,000 (-)
Saxon Warrior €25,000 (- €10,000)
Sottsass €25,000 (-)
Hello Youmzain €22,500 (-)
Blackbeard €20,000 (- €5,000)
State Of Rest €20,000 (- €5,000)
Torquator Tasso €20,000 (-)
Cracksman £17,500 (-)
Nathaniel £17,500 (+ £2,500)

A Bit of Value

We won't name every stallion in the lower fee brackets here as Oliver St Lawrence provides the excellent service of a full list every year and we are reliably informed that his cards are already being printed in time for the sales.

It is worth remembering that bloodstock journalists generally have lemonade pockets, even if they have champagne tastes. In solidarity with small breeders, we are looking here at a selection of stallions whom we consider to offer value for a variety of reasons. 

Vadeni, €18,000 NEW
Let's not forget how brilliant he was at three.

Shaquille, £15,000 NEW
Extremely fast horse who is introduced at a level which is bound to have breeders beating a path to the new Dullingham Park stallion yard. 

Oasis Dream, £15,000
Tremendous value for a horse of this class. Yes, he's rising 24, but it was only two years ago that he was represented by the champion two-year-old Native Trail (GB), who joins Kildangan Stud this year at €17,500.

Mostahdaf, £15,000 NEW
A whole lotta horse who had a humdinger of a season and is rated only one pound behind Equinox (Jpn). And he's by Frankel, no less.

Earthlight, £15,000
Not all sons of Shamardal will take off in the way that Blue Point did with his first runners, but Earthlight's stock have been popular as foals and yearlings, and it's worth sticking with him at this unchanged fee at what could turn out to be his cheapest level.

Study Of Man, £12,500
His fee has also been held at his 2023 price after a year in which a number of people sat up and took notice of his first runners, led by the G2 Beresford S. winner Deepone (Ire). Classily bred, and as a son of Deep Impact (Jpn) his stock should only improve with age.

Erevann, €8,000 NEW
Failed narrowly to notch his Group 1 win, but he was a solid performer. By Dubawi out of Siyouni's first Classic winner Ervedya, Erevann has the pedigree to succeed and is pitched in at a reasonable starting price.

Dream Ahead, £6,500
He remains woefully underrated and should not be overlooked at his lowest price in 12 seasons at stud in three different countries. 

Iquitos, €6,000
A horse that produces two stakes winners from his first crop of only five foals is going to get noticed, and this treble Group 1-winning son of Adlerflug (Ger) has moved from his home farm of Gestut Ammerland to Gestut Graditz and now Gestut Rottgen. His fee is up from €4,000 last year but remains enticing. 

Awtaad, €5,000
The Irish 2,000 Guineas winner remains at the same fee he's been for the last two seasons even after notching two Group/Grade 1 winners this year. Awtaad may not be prolific but he is more than capable of siring a good horse. 

King Of Change, €5,000
He has been clipped in from €6,000 ahead of his first runners hitting the track in 2024. It remains deeply regrettable that his sire Farhh (GB) does not have better fertility because he is plainly a good stallion. Time will tell if King Of Change can pick up the baton but he's a Group 1 winner from a decent enough family and it's worth taking a chance at this price.

 

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