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Selkirk's fee
is slashed

THE syndicates behind Selkirk and Notnowcato have reacted to external economic and bloodstock sales downturns by announcing reduced fees for 2009.

Selkirk will stand for £25,000 at Lanwades Stud next year, £10,000 less than in 2008, while Notnowcato's fee will stand at Stanley House Stud for £6,000, £2,000 less than in 2008.

Both stallions are managed by James Wigan's London Thoroughbred Services and he said yesterday that he hoped other studs would also reduce fees.

"The sales are down by 25 per cent this year and breeders are having a tough time," said Wigan. "Both horses are owned by syndicates of breeders who all felt that it was appropriate that fees should go down, even if it was against their own financial interests. Selkirk is always in demand and I'm sure would have had the same number of mares even if his fee had not changed.

"It's important to be aware of the situation outside and adjust perhaps in a way other industries haven't and we hope a lot of other stallions will follow suit."
Both sires are expected to cover books between 80 and 90 mares next year.

"We don't impose a definite limit, you have to see how the season is going, but that would be a sensible number for the pair of them," added Wigan. "Selkirk is very fertile but one wants to respect him because of his age while it is the policy of Notnowcato's syndicate to cover about that number."

 

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