Darley's new stallion New Approach rounds off his season in style by winning the Champion Stakes. He is to stand at Dalham Hall for £30,000PICTURE: Edward Whitaker
Darley reduces fees for most of its stallions
DARLEY has reduced the fees for most of its European stallions and introduced five-time Group 1 winner New Approach at £30,000 in what John Ferguson, Sheikh Mohammed's bloodstock adviser, describes as a bid to help breeders in the difficult economy.
"With prize-money the way it is and training fees the way they are, the product that we are producing is too expensive, and everyone has got to be aware of the costs of production," he said, speaking from Kentucky. "Sheikh Mohammed is leading the way by reducing fees across Europe."
He added: "New Approach is the highest-rated three-year-old for ten years, and a Derby and Champion Stakes winner. He looks great value at £30,000."
The son of Galileo, who also won the Irish Champion Stakes this year and two additional Group 1s, the Dewhurst Stakes and National Stakes as a two-year-old, will be the most expensive Darley stallion in Europe next year, as Cape Cross has had his fee at Kildangan Stud reduced to €35,000 - about £28,000 at the present exchange rate. Cape Cross's fee has been €50,000 for the last four seasons.
Other significant developments among the Darley roster include the move of Authorized from Dalham Hall Stud in Newmarket, where he stood his first season for £25,000, to Kildangan, where his fee will be€25,000, and the reverse switch of Dubawi and Manduro to Britain from Ireland, where they both stood for €40,000. Manduro's fee has been reduced to £20,000 and Dubawi's to £15,000.
Shamardal and Shirocco have both been swapped from Dalham Hall to Kildangan, while Bertolini has left Kildangan for Simon Sweeting's Overbury Stud, where he began his career under Darley's banner. King's Best has been moved from Ireland to France, where he will stand at Haras du Logis for €15,000, the same fee he had last season.
"Following the success of Creachodoir, Proclamation and Ancien Regime, among others, King's Best will stand in France, where his father raced and where he was sold as a yearling," said Ferguson.
Veteran shuttle sire Red Ransom is likely to stay at Vinery in Australia, where he is serving the southern hemisphere season, rather than return to Dalham Hall. "He has got to the age now where his health comes first," said Ferguson of the 21-year-old son of Roberto.