Star race horse Kingman now commands a hefty $192,000 a time for breeders looking to mate their mares, twice as much as his debut fee after a prolific start to stud life.
In his racing career, Kingman won a host of big titles including the Irish 2000 Guineas as well as being the world’s top-rated three-year-old colt in 2014.
But after winning just under $1 million on the track, it is his potential as a stallion which has prompted his Banstead Manor Stud owner Juddmonte to slap the bumper price tag on his conjugal services.
Like father, like son
Kingman, whose father was leading Irish sire Invincible Spirit, is now second in the Juddmonte stud line-up to wonder horse Frankel, whose fee remains at about $225,000 for 2020, making him the sixth most expensive stallion in the world.
Frankel, the most notable of Galileo’s many offspring, won 14 straight races in a blistering career under the tutelage of trainer Henry Cecil. In his four years as a stallion, Frankel has sired 10 Group 1 victors with five in 2019, including Classic winners in Anapurna and Logician.
At October’s Tattersalls sales, his yearlings averaged $560,000 for 37 sold, including a record $3.8 million for one of his colts.
“Frankel offers breeders the greatest chance of producing a Group winner of any other sire in the Northern Hemisphere,” added Simon Mockridge, stud director of Juddmonte, the breeding operation of Saudi royal Khalid bin Abdullah.
“He is second only to his own sire Galileo in terms of Group winners from crops foaled between 2014 and 2017, and is Galileo’s most successful son despite only having four crops of racing age.”
Alongside Frankel and Galileo, who won the Epsom Derby in 2001 and stands at stud for Coolmore in Ireland, is the third member of Europe’s “big three” sires — Dubawi.
Based at Darley’s Banstead Manor Stud for Dubai ruler Sheikh Mohammed, Dubawi commands a stud fee of $320,000 with the aim to get about 140 mares in foal a year. The maths is eye-watering.
Godolphin also splashed out $4.1 million on a son of Frankel and a half-brother to Golden Horn, which won the Derby and the Prix de l’Arc de Triomphe in 2015.
“It is great theater,” marketing manager Jimmy George said of the Tattersalls sales last month.
“There are times when it is so extraordinarily compelling in the ring and you can’t help but watch it all unfold. That’s the beauty of Tattersalls and this sale. It’s a little bit special.”
Nice work if you can get it.