(Photo : Daily Record)
Galileo (Ire) - Kind (Ire)
The long-awaited announcement of Frankel’s stud fee has been made. Those who follow these columns will recall our prediction that it would come in at around $200,000 - $250,000, and that wasn’t far off the mark at £125,000. If they book take 150 mares, that equates to somewhere between $25-30million a year, placing a value on him in the region of $150-200million. Last Tuesday, the son of Galileo was named “Cartier Horse Of The Year” for the second time, and while he has a little way to go before he matches his father’s fee of €300,000, he is by some stretch the second-most expensive stallion in Europe.
Philip Mitchell, general manager at Frankel’s new home, Juddmonte’s Banstead Manor Farm, said “We believe our stallion roster is the best we have been able to offer breeders, and we are very excited with both of our new arrivals. The fee for Frankel reflects his merits as perhaps the greatest racehorse we have ever witnessed. He is by Galileo, who is now recognised as the best sire in the world, out of Kind, a winner of six races, and herself a daughter of one of the most influential stallions in the history of thoroughbred breeding, Danehill.”
Frankel stands this year alongside two other extremely popular sires in Oasis Dream and Dansili, both of whom are advertised at £80,000. Don’t even begin to convert those numbers into Rand; the depreciation in our currency in recent months, just puts these horses further beyond reach.