Sire Profitability at Magic Millions 2020

Tara Madgwick - Sunday January 19

Magic Millions 2020 has been well covered but we always find it interesting to take a look at the sires that returned the most profit for their supporters in terms of multiple of fee and straight profit.

Below is the Sire Profitability List Top 20  sorted by multiple of fee – this one highlights cheaper sires that delivered a good return.


Turning 20 this year, Rosemont Stud’s Starcraft topped the list by multiple of fee which is really not that surprising.

Starcraft is a great value sire that can still get a good result in the sale ringFor a stallion of his quality that can get a Group I winner and seriously good types for the sale ring, Starcraft  is priced well below what he should actually be worth if fees were set on merit rather than often fickle market forces.

His three yearlings sold were all colts and his result was flattered by the inclusion of the full brother to his champion son Star Witness that made $320,000, but how good a result was that for B2B Thoroughbreds who bred and sold this cracking colt from Leone Chiara.

Leone Chiara has been to loads of expensive stallions during her stud career – Elusive Quality ($137,500), Bernardini (USA) ($55,000) , Medaglia D’Oro (USA) (twice for $88,000 and $77,000), Sepoy (twice for $66,000) and Sebring (twice for $60,500 and $66,000), but in returning to the bargain priced sire that made her a success in the first place has hit a home run in the sale ring.

For the record she has a filly to follow by Starcraft and was covered by him again last spring.

No Nay Never is an interesting one as he’s now one of Europe’s most exciting young sires and priced at Coolmore Ireland at a fee of 175,000 euros, but back in 2017 when these yearlings were conceived you could go to him here for just $11,000.

Off that fee and given what he’s done so far it would be almost impossible not to make money on No Nay Never in the sale ring this year, although that will change if his success is not replicated in Australia in the next 12 months.

No Nay Never

No Nay Never was the leading European First Season Sire of 2018 so is entitled to get two year-old winners and if there’s nothing of note here for him come the end of July, we may not see him come back here given the disparity in fee between Northern and Southern Hemisphere ($44,000 in 2019).

Below is the Sire Profitability List Top 20 sorted by straight profit– this one highlights expensive sires that were worth the big investment in fee. It should be noted Fastnet Rock stood for a private fee in 2017 so is not taken into calculation.


Yarraman Park’s I Am Invincible started his stud career topping the previous list above as a cheap sire punching above his weight, but he’s now moved across to be the best of the expensive stallions in delivering plenty of bang for buck.

I Am Invincible was the leading sire at MM 2020  by average and also in terms of straight profit from feeFor those breeders who paid $247,500 to visit I Am Invincible in 2019, they will be hoping it’s onwards and upwards, but the reality does not always unfold quite that like that.

The mighty Redoute’s Choice had a service fee peak of $330,000 in the years of 2006 and 2007, so yearlings conceived from those record fee years hit sale rings in 2009 and 2010.

For those of us who remember what the world was like post GFC, 2009 was the year the Inglis Easter average dropped from $285,637 to $177,710 and dropped again the next year to $161,150.

Redoute’s Choice was still the leading sire by average in both of those pain filled years and did produce 10 individual million dollar plus yearlings during this time at Inglis and MM combined, but his average dropped sharply leaving many vendors barely covering costs with many forced to sell for a fraction of fee just to survive.

But enough of that depressing history lesson, 2020 has started well and there is nothing not to like about what we’ve seen so far!

 

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