Ashford Stud is raising the stud fees on two if its high profile stallions, freshman sires Giant's Causeway and Fusaichi Pegasus.
The farm near Versailles, Ky., a division of John Mangier and partners Coolmore Stud in Ireland, will stand Giant's Causeway for $135,000 and Fusaichi Pegasus for $100,000.
Both stallions entered stud in 2001, Giant's Causeway for $122,000 and Fusaichi Pegasus for $150,000. Giant's Causeway commanded a fee of $135,000 in 2002, $125,000 in 2003, and was dropped to $75,000 this year. Fusaichi Pegasus stood for $135,000 in 2002, $125,000 in 2003, and $85,000 this breeding season.
Both stallions are off to excellent starts at stud with their first crops this year. Giant's Causeway, by Storm Cat
, is represented by four stakes winners in Europe, three of them group winners including the top colt Shamardal. Fusaichi Pegasus, by Mr. Prospector, has five stakes winners in his first crop including top U.S. colt Roman Ruler.
"Both horses had excellent yearling sale results this year, and more importantly both have really impressed with their first starters. Giant's Causeway is Europe's leading freshman sire, he's currently second here in the U.S. and remember his best son Shamardal destroyed Wilko in the Vintage Stakes (Eng-II) before winning the Dewhurst (Eng-I)," Ashford's director of sales Aisling Duignan said. "Fusaichi Pegasus already has four stakes winners to his credit, including Roman Ruler and Killenaule, along with some very high class debut winners like Saywaan. His stakes winners/runners percentage is remarkable for a young classic-type sire."
Giant's Causeway has had 27 yearlings sold this year for an average of $361,473. Fusaichi Pegasus has had 35 yearlings sold for an average of $274,719.
There are four first-crop sires in the U.S. with earnings of more than $1 million, and Giant's Causeway is second on the list and Fusaichi Pegasus is third. The list is led by Yes It'sTrue
, with Successful Appeal
Giant's Causeway covered 130 mares this year, and Fusaichi Pegasus covered 193.
Ashford announced its other fees for 2005 as well: Black Minnaloushe, $7,500; Chapel Royal, $10,000; Grand Slam, $85,000; Hennessy, $35,000; High Yield, $15,000; Hold That Tiger, $15,000; Honour and Glory, $15,000; Johannesburg, $30,000; Lion Heart, $30,000; Monashee Mountain, $10,000; Royal Academy, $17,500; Stravinsky, $25,000; Tale of the Cat, $65,000; Thunder Gulch, $40,000; Van Nistelrooy, $7,500; and Woodman, $20,000.