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Racehorse TALK
Racehorse TALK » Breeding & Bloodstock » Topic: The Million Dollar yearlings
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Author Topic: The Million Dollar yearlings  (Read 1355 times)
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El Dufus
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Original Post 2011-Apr-12, 09:01 AM

The following list consists of a selection of sires whose yearlings have sold for $1 million or more at the major Australian sales, and the prizemoney returned:
Sire                            No          Aggregate sales       Prizemoney
Encosta de Lago           17           $26,850,000            $2,059,457
Redoute's Choice           56          $83,675,000            $5,634,215
Flying Spur                   1           $ 1,000,000                      Nil
More Than ready           2           $ 2,800,000             $     80,000
Lonhro                         1           $ 1,050,000             $      1,780
Exceed & Excel              1           $ 1,200,000             $     38,017
Hussonet                      1           $ 1,200,000             $   214,200
Rock of Gibraltar            3            $ 5,325,000            $   208,595

Total                                      $123,100,000           $ 8,236,264

List compiled manually from stallions.com.au, so some transposition errors may have occurred.

Yearlings sold for $1 million+ and exported overseas have been ignored.

2011 sales have not been included.

ED

       
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El Dufus
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2011-Apr-15, 10:00 PM

Pickle,

It was his first season at stud, so his commercial success is a long way away from being decided.

Over the next few months, the stud returns will show how many live foals, slipped, missed, and his fertility rate.

But I reckon it will take at least three seasons before any judgements as to his success as a sire can be made.

ED
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pickle
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2011-Apr-15, 10:51 PM

Pickle,

It was his first season at stud, so his commercial success is a long way away from being decided.

Over the next few months, the stud returns will show how many live foals, slipped, missed, and his fertility rate.

But I reckon it will take at least three seasons before any judgements as to his success as a sire can be made.

ED


ED,

My post was more of a generic answer for any stallion. Taking figures alone from the Studbook and multiplying that by the service fee, is very far removed from reality.

For example, and not going into specifics, one stallion covered close to 90 mare's last year. Of those, 80 were either owned by the syndicate or the stud, so what the stallion made in actual fee's after they then had to discount his fee, wouldn't have covered his agistment for 12 months.

At a glance it might have looked like a financial success, but the truth is far from that.
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El Dufus
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2011-Apr-16, 11:46 AM

G'day again Pickle,

In a round about way, we are actually agreeing.

There are quite a few sires where the progeny do not make it to the sales, and are either retained by the breeders/studs for their own interests (racing/future breeding/private sale).

I don't think many people (other than the stud itself) will ever know how commercially successful a sire is, as you have rightly pointed out that many coverings are probably "in-house" and free.

In my original post, I wanted to show how "successful" the million dollar babies have been in their racing careers to date, and it seemed clear that unless buyers were paying for future stud careers, the financial return to the buyers was poor.

I acknowledge that some of the purchases have not raced yet, so the figures could change, but from past experience, not by much.

In the weeks to come, I will put up some more breeding facts and figures for forum members to digest.

ED
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