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Selkirk & Notnowcato 2009 Stud Fees Cut

Monday, 20th October 2008

The syndicates behind UK-based stallions Selkirk (Sharpen Up-Annie Edge, by Nebbiolo) & Notnowcato (Inchinor-Rambling Rose, by Cadeaux Genereux) "have reacted to external economic & bloodstock sales downturns by announcing reduced fees for 2009," reported racingpost.co.uk. Selkirk will stand for £25,000 (A$52,500) at Lanwades Stud next year, which is £10,000 (A$21,000) less than in 2008; while Notnowcato will stand at Stanley House Stud for £6,000 (A$12,600), which is £2,000 (A$4,200) less than in 2008. Both stallions are managed by James Wigan's London Thoroughbred Services, who said he "hoped other studs would also reduce fees" noting: "The sales are down by 25% this year & breeders are having a tough time. Both horses are owned by syndicates of breeders, who all felt it was appropriate that fees should go down, even if it was against their own financial interests. Selkirk is always in demand & 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 & 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 80-90 mares next year.

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