Duke Of Marmalade is the most expensive Irish-based Coolmore stallion with an advertised fee. Galileo's, Montjeu's and Danehill Dancer's fees are listed as privatePICTURE: Edward Whitaker
Duke of Marmalade to stand at €40,000
COOLMORE has cut the fees of most of its Irish stallions and introduced Duke Of Marmalade at €40,000. His initial fee makes the four-year-old son of Danehill, who gained a Group 1 victory every month from April this year through August for John Magnier's outfit, the most expensive stallion with an advertised fee at Coolmore's base in County Tipperary.
Three stallions will stand for private fees - Danehill Dancer, whose fee for the last two seasons has been €115,000; Montjeu, whose fee over the same period was €125,000; and Galileo, whose fee became private last season after soaring to €150,000 for 2007. A Coolmore spokesman indicated Galileo's fee has not been reduced, and he is presumbably now Europe's most expensive stallion.
In addition, two sires have been dropped from the roster, including Night Shift, who was the last son of Northern Dancer left at the stud after the retirement of Sadler's Wells in spring. Night Shift, who will be 29 next year, has been retired after 23 years of duty at Coolmore.
Hawk Wing, a son of Woodman whose first three-year-olds ran this year, and who stood for a fee of €15,000 last season.
The remaining 17 stallions have had their fees reduced by up to 44 per cent, with two of the more senior sires, Peintre Celebre and Rock Of Gibraltar, receiving the shallowest cuts of around 20 per cent each. Peintre Celebre's fee will be €20,000, down from €25,000, while the fee for ‘The Rock' has been set at €27,500, down from €35,000.
"In light of the current economic climate, we have significantly reduced our fees across the board," said spokesman Christy Grassick, in reference to the stallions with advertised fees. "Coolmore has always endeavoured to stand the best horses and to offer breeders the best deals in the business."