Value Sires Part 6: Proven Sires

As breeding sheds prepare to swing open their doors in the coming weeks, we bring you the final installment of our 2021 Value Sires series. Gone are the days of dissecting sales averages and speculating on the comments of the judges; these elder statesmen have proven their mettle on the racecourse, and a few of them are even available at their lowest ever fees.

While value exists in all price brackets and for all budgets, we have chosen to limit the scope of this analysis to stallions standing in Europe for £/€20,000 and below, selecting two sires apiece that stand between 15,000 and 20,000; 10,00 and 12,500 and below 10,000. As we have covered in depth the sire crops up to those which have first-crop 3-year-olds this year, stallions highlighted here will be those with at least two crops of racing age fully behind them.

Selecting the final six was far from an easy exercise. There were many worthy candidates, and in addition to the raw data likes percentages of winners and stakes winners and overall career performances, other factors taken into consideration included price point and the current trajectory of the horse's career.

15,000 to 20,000

This price bracket must be one of the most intriguing of them all: it includes not only the ever-reliable Iffraaj (GB) and Nathaniel (Ire) at a career-low fees, but also the incredibly popular Dandy Man (Ire) and the rising talent Make Believe (GB). But two stallions stand out in this price range on both percent of stakes winners to runners and winners to runners: Oasis Dream (GB) (£20,000) and Mastercraftsman (Ire) (€15,000).

One would be hard-pressed to nominate a sire in this price range that has compiled a body of work over a career that compares with Oasis Dream's. The 21-year-old former G1 July Cup winner was fast out of the gate with his first crop and soon established himself as a world-class sire, with the likes of Midday (GB), Muhaarar (GB) and Power (GB) among his 17 Group 1 winners. The dark bay stood for up to £85,000 at Juddmonte's Banstead Manor Stud, and is this year down to a career-low £20,000. His 9.5% rate of stakes winners to runners puts Oasis Dream in a class with sires that stand for many multiples of his fee, and he likewise gets 66% winners/runners. The dip in his fee goes hand-in-hand with the reality that his numbers of stakes winners have leveled off in recent seasons, but an average of seven per season since 2016 is still nothing to scoff at, and he is still turning out Group 1 winners, with three of his 17 having come since 2016: Muarrab (GB) won the G1 Dubai Golden Shaheen as a 7-year-old in 2016 while  Pretty Pollyanna (GB) and Polydream (Ire) won the G1 Prix Morny and G1 Prix Maurice de Gheest, respectively, in 2018. Oasis Dream has sired 122 stakes winners and his daughters have produced 58 stakes winners and five Group 1 winners. He had a remarkable year in 2020 alone as a broodmare sire, with G1 Irish 2000 Guineas winner Siskin, G1 Melbourne Cup winner Twilight Payment (Ire), G1 Cox Plate scorer Sir Dragonet (Ire) and G1 Prix Saint-Alary victress Tawkeel (GB) on his honor roll in addition to standout juveniles Miss Amulet (Ire) and Chindit (Ire). A mark of his consistent brilliance is that Oasis Dream is still well-supported in the sales ring, too: his 29 yearlings sold in 2020 averaged €86,669/£76,604. It's hard to imagine a horse in Oasis Dream's price range with a better chance to get a breeder anything from a sales horse to a potential broodmare or a top-class runner.

The six years younger Mastercraftsman (Ire) is following a similar trajectory; in fact, he has an average of 9.6 stakes winners per crop, versus 8.7 for Oasis Dream. From eight crops of racing age, the grey has supplied 77 stakes winners (6.3% of starters) and he gets winners at a rate of 62.3% (of starters). Mastercraftsman has 15 Group 1 winners, just two off Oasis Dream, and he likewise gets them at the highest level: Alpha Centauri (Ire) was champion 3-year-old filly and won the Coronation S., Falmouth S., Irish 1000 Guineas and Prix Jacques le Marois; The Grey Gatsby (Ire) took the G1 Prix du Jockey Club and G1 Irish Champion S., and Amazing Maria (Ire) and A Raving Beauty (Ger) each won a pair of Grade/Group 1s apiece. Mastercraftsman's 2021 fee of €15,000 is his lowest since 2013, and his crop bred off the back of Alpha Centauri's championship season will be 3-year-olds when his 2022 crop are going to the yearling sales.

10,000 to 12,500

There are plenty of horses in this price range across Britain, Ireland and France that offer eye-catching stats-with Coolmore stalwart Footstepsinthesand (GB) and French up-and-comer Galiway (GB) certainly among them-and once again we landed at Coolmore and Juddmonte for our top two choices: Bated Breath (GB) (£12,500) and Holy Roman Emperor (Ire) (€12,500).

A Group 2-winning sprinter for Roger Charlton who was second in four Group 1s, Bated Breath marked himself out early as a prolific source of high-class winners, his first three crops including the likes of G2 Rockfel S. and G3 Albany S. winner Daahyeh (GB), G2 Railway S. winner Beckford (Ire), G2 Dahlia S. and G3 Prix Minerve S. winner Worth Waiting (GB) and G2 Boomerang S. and G3 Jersey S. scorer Space Traveller (Ire). The bay has continued to build on those results, and in 2020 notched his first Group 1 winner in the GI Matriarch S. victress Viadera (GB). Bated Breath's juveniles had another outstanding year, too, in 2020, highlighted by Makaloun (GB) winning the G3 Prix de Conde and Cairn Gorm (GB) taking the G3 Prix de Conde. His winners to runners ratio is 60.2%, and the crop bred after his first successful season with 3-year-olds are three themselves in 2021. His yearlings are providing a return for their breeders and pinhookers, too: 53 sold at auction last year realized an average of €50,018/£44,162 that was 4.4x their £10,000 covering fee.

The 17-year-old Holy Roman Emperor (Ire) has carved out a truly remarkable stud career that has seen him sire Group 1 winners all across the world and across a great variety of trips. His 13 top-level scorers range from Guineas winners Homecoming Queen (Ire) and Romanised (Ire) to G1 Australian and New Zealand Derby scorer Mongolian Khan (NZ) to G1 Oakleigh Plate victress Sheidel (Aus) and GI Santa Anita Sprint Championship winner Rich Tapestry (Ire). They can be fast and precocious-like he was as a G1 Phoenix S. and G1 Jean-Luc Lagardere S. winner-but also have plenty of scope to train on. Holy Roman Emperor sires stakes winners at a rate of 6.1% of his starters (he averages 8 stakes winners per crop), and winners at 66.2%. He is still producing the goods and is this year available for the second-lowest price he has ever commanded.

Below 10,000

At last we deviate away from the Danzig sireline as we land on Raven's Pass. The G1 Queen Elizabeth II S. and GI Breeders' Cup Classic-winning son of Elusive Quality has long had his books restricted at Kildangan Stud-his crops of racing age average 57 foals apiece–but he will certainly have his admirers; he is currently turning out stakes winners at a rate of 8.3% of his runners, and winners at 62.6%. His 2-year-olds of 2021 were bred off the back of his career-best season in 2017 when he provided 12 stakes winners, four of which were group winners including the G3 Prix Imprudence scorer and G1 Prix Rothschild second Via Ravenna (Ire). The chestnut has supplied three Group 1 winners: the G1 Sprinters S. winner Tower Of London, who was also a Group 2-winning 2-year-old on the competitive JRA circuit; G1 Prix Jean-Luc Lagardere winner Royal Marine (Ire) and in 2020 the G1 Al Maktoum Challenge Round 3 victor Matternhorn (Ire). Raven's Pass is available for four figures for the first time in 2021: he stands at Kildangan Stud for €7,500.

Our second selection in this price bracket also resides in Co. Kildare: Rathasker Stud's elder statesman Clodovil (Ire). The 21-year-old Clodovil is the sire of 25 stakes winners and, remarkably, had one of his finest years yet in 2021 with six black-type winners headed by his third Group 1 winner, the G1 Prix Marcel Boussac and Prix Francois Boutin victress Tiger Tanaka (Ire). In fact, 2020 was a notable year for Clodovil's juveniles, he having also sired the G3 Molecomb S. winner Steel Bull (Ire). Clodovil is siring black-type winners/runners at a rate of 4.6%, and winners at a rate of 65.2%; those are pretty attractive numbers for a €5,000 fee-like Raven's Pass, Clodovil is at his lowest-ever fee. It is worth noting that Clodovil's triple group-winning son Gregorian (Ire) is also available at Rathasker at the same fee, and he has gotten off to a promising start with five stakes winners from his first three crops to race, including last year's G2 Criterium de Maisons-Laffitte winner Plainchant (Fr) and G3 Summer Fillies' S. victress Queen Jo Jo (GB).

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Juddmonte Farms Announces 2021 Mating Plans For European Broodmare Band

Juddmonte is pleased to announce the 2021 mating plans for some of its high-profile horses.

In 2020, Frankel became the fastest European stallion ever to reach 40 group winners and finished the year on a high with the track record-breaking Group 1 success of 2-year-old Grenadier Guards.

He will receive another exciting book of 24 Juddmonte mares this season, including multiple G1 winner Ventura (already dam of G3 winner Fount by Frankel), G1 winner Emulous, Bird Flown (dam of G1 Irish 2000 Guineas winner Siskin), Nimble Thimble (dam of Frankel's G1 winning 2-year-old Quadrilateral), G2 winners Soffia and Modern Look, G3 winners Big Break, Dandhu and Visit, Flare Of Firelight (dam of G2 winning 2-year-old Threat), Ruscombe (whose first foal by Frankel, Petricor, won her only start as a 2-year-old in 2020, earning 'TDN Rising Star' status), Sleep Walk (a half-sister to Frankel's track record-breaking classic winner Logician), Atone (a sister to Midday), Tendu (sister to Showcasing), Tiadargent (sister to Restiadargent), Very Good News (a daughter of Hasili and dam of Frankel's classic-placed son Weekender as well as promising Frankel 3-year-old Media Stream), and two half-sisters to Kingman in Panzanella and Present Tense.

Kingman sired three G1 winners in 2020, included Timeform's top-rated 3-year-old Palace Pier. The son of Invincible Spirit is set to cover 20 Juddmonte mares, including champion 11-time G1 winner Enable and Frankel's dam Kind, G1 winners Capla Temptress, Passage Of Time, Romantica, Samba Inc and Special Duty, G2 winners Lucky Kristale (a half-sister to Love) and Riposte, G3 winners Hot Snap and Sun Maiden, Helleborine (dam of Kingman's G2 winning 2-year-old Calyx), and Scuffle (dam of G1 winner Logician) and her daughter Battlement.

Expert Eye is the only G1-winning miler by Acclamation, and he retired to stud with a higher Timeform rating than both his sire and his successful stallion sons Dark Angel and Mehmas. Expert Eye covered 50 stakes winners in his first two books of mares, welcoming his first crop of foals in 2020. Among his Juddmonte mares for 2021 are multiple listed winner and G1-placed Principal Role, listed winners Scottish Jig and Swiss Range, Kilo Alpha (dam of G3 winner and G1-placed Juliet Foxtrot), Photographic (dam of G3 winner Shutter Speed, herself out of the legendary Juddmonte mare Prophecy), Palmette (a sister to Showcasing) and Strelka (a Kingman half-sister to Workforce).

Bated Breath enjoyed another great season as the best-value sire of black type performers in Europe in 2020, capped by the G1 win of Juddmonte homebred Viadera in December, who remains in training this year. Bated Breath is also the sire of leading 2021 French Derby hope Makaloun, an Aga Khan homebred who was a Group winning 2-year-old and placed in the G1 Criterium de Saint-Cloud. Juddmonte mares set to visit the son of Dansili include Viadera's dam Sacred Shield, as well as G1 winner Proportional, G3 winner Tested, listed winners Alocasia and Rostova, and Meridiana (an unraced daughter of Galileo and Midday).

Oasis Dream remains a proven source of G1 speed and reached a landmark 200 stakes performers in 2020. He is also making a significant impact as a broodmare sire, with four G1 winners to his name in the last year alone. In 2021 he will cover the Juddmonte mares Bonne Idee (a winning daughter of Frankel and half-sister to Oasis Dream's G2 winner Imaging), Its A Given (a winning daughter of Bated Breath), Occurrence (an unraced daughter of Frankel out of Hasili's G1 producing sister Arrive) and Shared Account (dam of Oasis Dream's Group performing daughter Sand Share as well as G3-winning 2-year-old Pocket Square).

Juddmonte mares visiting outside stallions include G1 winners African Rose (visiting Dark Angel), Announce (visiting Pinatubo), Midday (visiting No Nay Never), Promising Lead (visiting Calyx), Proviso (visiting Wootton Bassett), Quadrilateral (visiting Dubawi along with Goldika, a daughter of Goldikova, and Listed winner Franconia), Timepiece (visiting Night Of Thunder) and Winsili (visiting Golden Horn).

Enable's dam Concentric will return to Nathaniel and Enable's Group-placed half-sister Entitle will visit Sea The Stars. Frankel's G2-winning daughter Obligate will visit Siyouni, along with Headman's dam Deliberate and Midday's listed-winning daughter Mori.

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Big Books and Breaking Records

The setting of new sire records in the modern era tends more than not to be a direct consequence of ever-greater book sizes. But they must still be acknowledged as legitimate breeding benchmarks as they will inevitably feature some outstanding performances. Just look at Mehmas (Ire)‘s tally of first-crop 2-year-old winners this term. Currently on 56 winners, he is already 17 clear of Iffraaj’s old record and in normal circumstances we might be entitled to expect his record to stand for many years. It may well do, but his strike rate of 53% winners to runners, achieved by quite a few other freshman sires down the years, suggests that the big total of winners is just as much a function of a big crop of runners. So, we cannot rule out another Mehmas-like total in the near future.

We could say the same about black-type records. Larger numbers of runners tend to be the reason why these records fall, but it’s not always so. Take the case of Frankel (GB), the sire who has posted the highest number of stakes winners (56) and group winners (41) of any European sire in the first five years of his career. Frankel has already eclipsed the previous records set by Dubawi after his first five years, which stood at 53 stakes winners and 35 group winners. Dubawi, in turn, took the record away from Galileo (Ire), who had amassed 51 stakes winners and 30 group winners after his first five years.

No one could accuse Frankel of relying on sheer numbers of runners to outpace Dubawi and Galileo. In fact, he has set the new standards with fewer runners than either of his major rivals. Hence he has posted superior strike rates–14.2% stakes and 10.4% group winners–than Dubawi and Galileo had at the same point in their careers. But Frankel really did get a head start on all his rivals by covering Europe’s best mares from the outset of his career, unlike either Galileo or Dubawi. As many as 62% of the mares that have produced Frankel’s runners so far can be classed as elite, which is in stark contrast to the corresponding percentages for the early runners by Dubawi (30%) and Galileo (35%). What’s certain is that Frankel will need to have very long innings at his current strike rate to overhaul Dubawi’s current mark of 171 stakes winners and, by my calculations, another 20-plus years to reach his sire’s tally of 298. It’s a sure sign of the times that Frankel not only has more group winners than Galileo after five years but also has nearly double the number of his grandsire Sadler’s Wells and has over three times what the great Northern Dancer had in their first five years.

Remarkably, there is yet another sire that can boast an even higher number of group winners in his first five years. Shadai’s Deep Impact (Jpn), the very definition of a big fish in a small pond, sired 47 group winners in his first five years with runners. The lack of serious competition among Japan’s stallion ranks possibly casts a shadow over such an achievement, as does the fact that Deep Impact’s percentage of group winners (7.4%) is not quite as good as the percentages posted by Frankel, Galileo or Dubawi all of whom average above 10% group winners to runners. To counter that argument, though, it must also be recognized that Japan has far fewer group races per head of population than Europe does. So, 47 group winners in five years is still a formidable achievement.

Not surprisingly, North America’s records for stakes winners and graded winners at the end of five years have also fallen quite recently. The phenomenal Uncle Mo set new standards at the end of 2019 with his 48 stakes winners and 26 graded winners. It’s hard to believe that there are now 19 sires with more stakes winners in their first five years than the great Danzig, but none will ever get close to his 21% strike rate.

Among sires who stood exclusively in America, few would have guessed that it wasn’t Speightstown, nor Distorted Humor, nor Scat Daddy that held the record prior to Uncle Mo, but the one and only Kitten’s Joy, a sire that perhaps still struggles for due recognition.

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Pinhookers’ Paradise As Foal Season Begins

NEWMARKET, UK—The popularity of first-season sires is no new phenomenon but it is a feature of the market which apparently gains more and more traction, and three freshmen were responsible for four of the top ten lots as pinhookers wasted no time in assembling their prospective yearling drafts for next season.

The first session traditionally represents a quieter start to the four-day auction, which builds towards the better pedigrees on Friday. With shorter sessions throughout the sale this year, there were 135 foals sold on Wednesday, compared to 168 on the same day last year, meaning that the aggregate of 1,585,100gns, which was down by just 7%, actually represented an improved performance from 2019. Indeed, both the average and median were up, by 16% and 60% respectively, at 11,741gns and 8,000gns, while the clearance rate of 67% was just one point lower.

Selwood Out In Front
The established names of Iffraaj (GB) and Oasis Dream (GB) led the session when consecutive colts from James Read’s Selwood Bloodstock sold for 57,000gns and 50,000gns respectively.

Anita Wigan bred this year’s G2 Coventry S. winner Nando Parrado (GB) (Kodiac {GB}) and is also responsible for the Iffraaj colt (lot 442), a son of the dual-winning Shamardal mare Soryah (Ire) whom she bought from the Godolphin draft at last year’s December Sale for 18,000gns. The session-topper was bought by Ross Doyle on behalf of the Morrin family’s Pier House Stud.

“He is a good-looking horse out of a Shamardal mare and by a top stallion,” said Doyle, who added that the colt would likely return to neat year’s October Sale.

The next lot into the ring (443) was prepared by Read for his breeder Lady Hardy and is a half-brother to treble winner Stylianekkos (GB) (Kyllachy {GB}). By Oasis Dream, he was the selection of Flash Conroy of Glenvale Stud at 50,000gns.

With three foals sold for an average of 39,000gns, Selwood Bloodstock was the leading consignor on day one.

Iffraaj was also on the list of another accomplished pinhooker, Paul McCartan, who bought the most expensive filly of the session, his daughter out of the unraced Royal Applause (GB) mare Posh Claret (GB).

Among McCartan’s recent foal purchases is the aforementioned Nando Parrado, and the Ballyphilip Stud owner went to 40,000gns for lot 402, whose half-sister, a yearling filly by Ardad (Ire), is heading into training with Archie Watson. 

“I haven’t had many foals by [Iffraaj], but I have a mare by him and she is the dam of Imperial Force, who was third in the Norfolk Stakes. He is a good sire and he gets a good filly,” said McCartan, who is also the breeder of Harry Angel (Ire), whose first foals are selling this week.

Bred by the late Kevin Mercer of Usk Valley Stud, Posh Claret is a daughter of Welsh Anthem (GB) (Singspiel {Ire}), a half-sister to Trans Island (GB) (Selkirk) and to fellow Group winner Welsh Diva (GB) (Selkirk).

National Treasure
No fewer than 24 stallions are represented by members of their first crops at Tattersalls this week and it was the National Stud’s G2 Coventry S. winner Rajasinghe (Ire) who led the way during the opening session. 

A colt bred in Devon by Richard Tucker and offered through the National Stud was the pick of Jimmy Murphy of Redpender Stud, whose final bid brought the hammer down at 46,000gns.

Lot 453 is out of the winning Verglas (Ire) mare Louya (Ire), who was bought by Tucker for €7,000 at Arqana and hails from the family of G2 Royal Lodge S winner Mons (GB) (Deploy {GB}).

Rajasinghe’s first foal through the ring had been one of the early leaders of the day when knocked down to agent Larry Stratton at 37,000gns. Sold by Whitwell Bloodstock on behalf of breeder Alice Walton, lot 256 is out of the unraced Lucia De Medici (GB) (Medicean {GB}), herself a daughter of the listed Middleton S. Winner Jalousie (Ire) (Barathea {Ire}).

“Rajasinghe is a horse I have always followed since he won the Coventry Stakes because I bred the runner-up, Headway (GB), in a partnership,” said Stratton. “Rajasinghe’s sire Choisir (Aus) is a good influence. This is a nice colt who has been bought for a partnership and is for resale.”

Rajasinghe stood his first two seasons at £5,000 and has had his fee cut to £3,000 for 2021. He has six foals for sale this week, with the first three sold having returned an average of 30,667gns, making him the leading first-season sire at the sale after the first day.

Expert View
Juddmonte’s GI Breeders’ Cup Mile winner Expert Eye (GB) was also among the leading freshmen when a half-brother to GIII Bewitch S. Winner Cay Dancer (GB) (Danehill Dancer {Ire}) was bought by Michael Fitzpatrick in the name of JC Bloodstock for 41,000gns.

Consigned by Charlie Wyatt’s Dukes Stud and bred in partnership by Wyatt with Simon Sweeting of Overbury Stallions, lot 369 is a son of the George Strawbridge-bred White Cay (GB) (Dalakhani {Ire}), whose three winning offspring include listed Grand Prix de Fontainebleau victrix Dynamic (GB) (Teofilo {Ire}).

Fitzpatrick, an accomplished pinhooker through his Kilminfoyle House Stud, said, “This is a quality, attractive foal. He is from a good breeder, and is one of the few today who is a half-brother to two stakes horses. He has a nice back pedigree, too, and will be back for resale.”

White Cay’s half-sister is the G1 Coronation S winner Balisada (GB) (Kris), while the further family also includes Inchinor (GB), GI EP Taylor S winner Miss Keller (Ire), and the St Leger winner Harbour Law (GB).

Dukes Stud often has a stand-out foal or two during the Saturday session, but Wyatt explained that in this unusual year it was “time to mix it up a little bit”.

He said, “Saturday has always been good to me but I felt it was the year for a change. [The colt] has been a lovely foal throughout. I think he is good representative for the sire, I have seen a few of them, they look nice sorts.”

A Sixties Hit
Standing for just £1,000 in 2021 on pay-up-front terms, Sixties Icon (GB) has to be one of the best-value stallions in Britain and his sole representative in the foal sale, a colt out of the G1 Moyglare Stud S runner-up Silca Chiave (GB) (Pivotal {GB}), hit the first-day leader-board when selling for 42,000gns. 

Offered by Norman Court Stud, which is co-owned by Mick Channon and is also home to Sixties Icon, the colt (472) is a half-brother to the listed-placed Strictly Silca (GB) (Danehill Dancer {Ire}) and was bought by John Troy.  His dam’s illustrious siblings include the full-sisters Golden Silca (GB) (Inchinor {GB}), whose eight victories include the G2 Mill Reef S., and G1 Prix Morny winner Silca’s Sister (GB).

Bearstone Rookie
Terry and Margaret Holdcroft of Bearstone Stud have enjoyed a terrific season on the racecourse with their GI Breeders’ Cup Turf Sprint heroine Glass Slippers (GB) (Dream Ahead) and a colt from her family by the stud’s recent stallion recruit, Washington DC (Ire), featured among the day’s leaders. 

Offered as lot 320, the colt’s dam is the unraced She Mystifies (GB) is a daughter of the stud’s former resident Indesatchel (Ire) and a half-sister to Glass Slippers, who is now a treble Group/Grade 1 winner. Another half-sibling is the listed Radley S. winner Electric Feel (GB), who is also by a former Bearstone stallion, in this case Firebreak (GB).

Sold to Y&R Engineering, whose bids were taken over the phone by Tattersalls’ marketing manager Jason Singh, the colt fetched 35,000gns.

The December Foal Sale continues on Thursday at 10am, an hour earlier than the published time.

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