Yarraman Park have announced their 2020 service fees, I Am Invincible will stand at a fee of $190,000 (plus GST), a reduction of $35,000 from last season.
His recent accomplishments include beating the record of stakes winners in a season held by Snitzel and Danehill (26) with 28 stakes winners.
On the back of that he has had a very good season with 13 stakes winners - highlighted by his dual Group 1 winning daughter Loving Gaby.
“We have reduced his fee due to the uncertainty of the economy and the impact of the coronavirus across the globe,” said Arthur Mitchell.
“I Am Invincible has been the dominant sales stallion in Australia for the past few years and his progeny have continued to perform at the top level week in week out.
“I Am Invincible has covered a fabulous book of mares in the past two seasons and his career can only continue to improve.”
He topped off the 2018/19 season as Champion 2YO sire by earnings, winners and stakes-winners, another accolade to a stallion career that just keeps producing great results for the farm and our clients.
Looking back over the past three years it is important to note that I Am Invincible has sired 44 stakes winners, 7 individual Group 1 winners, 6 sons and 1 grandson go to stud and prizemoney earnings of over 54 million.
Nothing short of impressive!
Demand for progeny by I Am Invincible has been extremely strong. At the 2020 Magic Millions Sale I Am Invincible averaged $482,000 which gave him the honours as top grossing stallion - grossing over $20 million.
At the 2020 Easter Yearling Sale I Am Invincible was responsible for over 20% of the entire gross of the sale averaging $524,000 and producing the second top priced lot which sold for $1.4 million - in a testing market.
His average yearling price was $460,281 from a service fee of $110,000 (inc GST) giving breeders an average return of 4 x the service fee, a great achievement with 102 yearlings offered this year.
Standing alongside I Am Invincible will be his explosive G1 winning son - Hellbent, whose fee will be $20,000 (plus GST) for the 2020 season.
“Hellbent’s first foals are outstanding. We have been to various farms around NSW and have seen some very nice colts and fillies, this gives us great hope for the success of Hellbent going forward,” said Harry Mitchell.
“They have very similar attributes to the I Am Invincible foals. They are well balanced, athletic and have great temperaments. Hellbent has and will continue to have great support from Yarraman and a strong syndicate of breeders. The mares he covered would be stronger than any stallion of his service fee. Due to the current economic climate we have reduced his fee to $22,000 including GST for the 2020 breeding season.”
2020 Yarraman Park Stud fees (inc GST)
I Am Invincible $209,000 - 15% (2019 fee $247,500)
Hellbent $22,000 – 20% (2019 fee $27,500)
