Gee's not one positive comment on the sister web site Harnesslink about the announcement of R&R Heavens coming to Australia and his service fee
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Gee's not one positive comment on the sister web site Harnesslink about the announcement of R&R Heavens coming to Australia and his service fee
Hi Nat
Some comments made about Heaven's service fee when in general converstion with a few mate's can not be repeated on this forum. So far not one positive and everyone agree's a 1st season sire should be $8800 max. I suppose when it comes back to it you go to the one you can afford as there's plenty out there to choose from. I think stallion's with a service fee of between $4000-$7000 will get a hammering by the sound of it and looking at the sale results it's probably a smart move.
If R&R Hanover comes out at a reasonable price say somewhere between $12-15,000 it might shake down some of the big boy and their prices.
Hi Nat
$13,200 has been mentioned by alot of people that are up there in the breeding industry. It will be interesting to see if there is a discount structure for multiple mare's served by Hanover, one can only hope. For me personally and thats if Hanover comes out i'd probably lean towards him over Heaven as he is a proven sire that has thrown great progeny, i do agree with everyone else that Heaven was the better racehorse but is a little pricey and even though they say he is 15.2h he looks small and that is a worry when breeding to sell cause if you get a small bay filly you won't even get your service fee back at a sale so to speak.
RNRH will stand at 12500 + GST
Hi Mightymo
Thanks for setting the record straight, what do you think of the price of both Hanover/Heaven and will you be sending mare's to both and do you think there will be any studs lower service fee's on certain stallions.
Something that's worth keeping in mind...the fee that a horse stands for in the US/CAN is largely irrelevant to that which they stand for down here.
Over & above the syndicated sire/resultant yearling sale aspects, the US/CAN fees are directly influenced by the $$$ available in the associated Sires Stakes program, programs financed to a significantly greater degree than anything going down this way. There are anomalies of course, M3 for example and in reverse, Artiscape...but generally speaking the Yearling Sales $$$ and the $$$ that's available to race for down here versus that which is on offer up there in both categories, cannot be reasonably compared.
While everyone's banging on about the top end of the market and how that relates to yearling sale returns....to put it in some perspective the fact is such a discussion ecompasses a small percentage of that which is already representative of a minority of all foals produced annually here in Oz. It means something to most of us here but overall, like it or not, better than 75% of all Breeders in this country couldn't give a Fat Rat's Arse.
At the top end of the market we have SBSW, RNR Hanover, Art Major, Mach Three, Bettors Delight, RNR Heaven, and at the next level down Mister Big, Sportswriter, Jereme's Jet, Four Starzzz Shark, American Ideal, Grinfromeartoear, Shadow Play, Real Desire, Modern Art, McArdle, CUF and probably quite a few others that I haven't thought of.
There has been some big money paid for some of these stallions and competition for mares will be intense. I am sure that some service fees will be reduced and there will be a lot of discounting.
Hi Eliteblood
Wecome to the forum , first of all i will agree with you that big money has been paid for stallions and people will continue to do so. Now i noticed you put Heaven in the top end of the market which as a racehorse and on breeding he probably deserves to be, now SBSW is the fastest 3yr old ever and equal fastest horse in a race and with 20 wins and a place from 21 starts and you have included him. Now for me SBSW service fee at $13,200 out here is right on the money as he was a great horse and there won't be many on the ground so they will sell good even though he is not proven. Now Heaven who will be standing in Australia and is unproven but will be standing at $4,000 more than Art Major and Mach 3 and $3,000 more than Bettor's when they started out here so why the big difference, cause when them stallions come out the Aus $1 was buying at the most 80cent US and now our $1 sits above there's. They tell me breeding's a number's game so more on the ground means more winner's and so on. I'll throw a figure at you for example if Heaven serves 180 at $11,000 the = 1.98mil but if his service fee was $8,800 and i'm sure he would at least get an extra 50 mare's so that means 230 and that = 2mil. So it means they are still getting the same money what ever way you look at it. Back in mid January Mr Bellino made a comment that Heaven would only serve about 150 mare's over there but could serve 300 in the southern hemisphere. So could you please tell us is there a cap on number of mare's that he will serve and explain to myself and other forum members why the price difference compared to some of the other stallions Art Major, M3 and Bettor's. Or is the reason having his fee at that price mean that he will get the better mare's and that the market won't be flooded with them (yearling sale's).
Hi Mango,
The moneys paid to buy the SH breeding rights to RHR Hanover and RNR Heaven were much much more then for Art Major and Bettors Delight, despite the exchange rate movement.
The service fee however is not necessarily a function of how much the stallion cost but rather how much the broodmare owners are prepared to pay.
In setting the fee at $11000 Pepper Tree Farm obviously believe they can attract a full book at that price. Time will tell if they are right but I personally think both RNRH's will find it tough at their stated fees.
The point of my post was that there are many good stallion choices out there all competing for the higher end of the market. I expect that competition to result in service fee reductions, discounts, deals, etc. Those that get the fee wrong will not have a good year.