Coolmore Australia Announces Fees

As always, the releasing of Coolmore's stud fees were the most anticipated in Australia. And more so this year as Encosta de Lago held sway as the most expensive stallion in Australia this time last year. At $125,000 (U.S. $97,000) he covered 200 mares in 2004--but that was before Redoute's Choice at rival farm Arrowfield Stud came along.

Redoute's Choice is now Australia's highest priced stallion at $220,000 (U.S. $170,550)--the fifth in the world behind Storm Cat, Sadler's Wells, A.P. Indy, and Gone West.

So everyone wanted to see just what Coolmore would do. It announced the fee for Encosta de Lago would be $132,000.

Two other interesting things to note were that Fusaichi Pegasus  didn't go up, even though his corresponding U.S. fee did and his first Australian crop includes eight individual stakes performers including a group II winner and three runners in the Golden Slipper.

Fusaichi Pegasus  will be stand for $77,000. Fastnet Rock, the boom young Danehill sprinter now headed to Europe, will retire after the Royal Ascot meet and start serving at $55,000 (U.S. $42,600).

Coolmore's full Australian list in Aussie dollars is:

Fee (GST inclusive)
CATCHER IN THE RYE (by Danehill), $5,500
CHOISIR (Danehill Dancer), $30,250
DANEHILL DANCER (Danehill), $35,750
ENCOSTA DE LAGO (Fairy King), $132,000
FASTNET ROCK (Danehill), $55,000
FUSAICHI PEGASUS (Mr. Prospector), $77,000
GALILEO (Sadler's Wells), $35,750
GIANT'S CAUSEWAY (Storm Cat), $77,000
HAWK WING (Woodman), $22,000
HIGH CHAPPARA (Sadler's Wells), $22,000
JOHANNESBURG (Hennessy) $27,500
LION HEART (Tale of the Cat), $22,000
MULL OF KINTYRE (Danzig), $5,500
ROCK OF GIBRALTAR (Danehill), $82,500
ROYAL ACADEMY (Nijinsky), $27,500
SPINNING WORLD (Nureyev), $13,750
TALE OF THE CAT (Storm Cat), $33,000