breednet.com.au

Capitalist Earns his Fee Increase

Tara Madgwick - Tuesday April 27

Newgate Farm’s Golden Slipper winning sire Capitalist has achieved great things so far this season and a Group I winner last Saturday in Captivant put the icing on the cake to justify a fee increase from $44,000 to $99,000.

Capitalist

Capitalist stood for his first three seasons at a fee of $55,000 covering 200 plus books in each of those seasons and was only adjusted down last season in response to the COVID pandemic.

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He now leads not only the super competitive first crop sires table, but also the overall general 2YO sires list, a feat not achieved by a first season sire since Stratum did it in the 2009/2010 season after siring Crystal Lily to win the Golden Slipper.

Stratum was standing at $33,000 and had his fee increased to $60,500.

Going back in time, champion sire More Than Ready (USA) was a dominant Champion First Season Sire and like Capitalist got his first Group I winner in the Champagne Stakes winning it with the filly Carry on Cutie.

His fee rose from $16,500 to $44,000.

The biggest fee increase from season to season occurred back in 2005 when Arrowfield Stud lifted the fee for Redoute’s Choice from $44,000 to $220,000 on the back of a stellar second crop season highlighted by Golden Slipper winner Stratum, Blue Diamond winner Undoubtedly and Sires Produce Stakes winner Fashions Afield.

That second crop also included Group I winning 3YO’s Snitzel and God’s Own.




 

 

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