The colt out of Noelani made €350,000 sold to Willie Browne (a well known breeze up pin hooker) The filly out of Soignee made €450,000 sold to Oceanic Bloodstock The colt out of Straight Lass made €400,000 sold to Peter Doyle/Mayfair Speculators Overall, I'd say decent prices. The best specimens will never see a sale ring so to see them all making a decent profit on the stud fee so far will be reassuring for Juddmonte.
I'll keep a total of prices for each sale then once October Book 1 is over I'll convert everything into sterling to give a better idea of prices compared to stud fee.
Press Release from Juddmonte: There was great excitement in Deauville ahead of the first FRANKEL yearlings to sell over the weekend, and they did not disappoint, with all six lots selling for an average of €566,667 (over £402,000). The top priced yearling was lot 127, a filly out of Platonic and half-sister to Gr.3 winner Pacifique. Consigned by Ecurie des Monceaux, she became the top priced filly of the session when selling to Charlie Gordon Watson for €1.15 million. “This is one of the most active families in the catalogue,” commented Gordon Watson. “She is for a new client of mine and she will go into training with Ed Dunlop.” Ecurie des Monceaux also consigned lot 125, a colt from the family of Sagamix, Sageburg and Sagacity, who was bought by Tony Nerses for €750,000. Nerses said: “This is a lovely looking son of FRANKEL. I have seen many of his progeny and he produces different types of horses. I liked everything about this colt; the family, his attitude and his physique. I have bought him for Saleh Al Homaizi and Imad Al Sagar, the owners of Authorized, and for the moment we will take him home before making any plans for his future.” The third and final FRANKEL from Monceaux was lot 117, a colt out of Group 3 winner Noelani who sold to Willie Browne for €350,000. Henri Bozo of Ecurie des Monceaux commented: “I think the FRANKELs have a good mind and strength behind and also great walks, so [the prices] are what we were hoping to get and I’m happy with the results and I really hope they’ll be good performers.” Lot 159, a filly out of Soignee and half-sister to multiple Grade/Group 1 winner Stacelita consigned by Haras des Capucines, sold to Oceanic Bloodstock on behalf of Andreas Putsch for €450,000. Lot 165, a colt out of Straight Lass and half-brother to two-year-old Gr.1 winner Naaqoos consigned by Haras du Mezeray, was purchased by South Africa’s Mayfair Speculators and agent Peter Doyle for €400,000. Lot 41, a colt out of Gr.2 winner Danceabout, was bought by Peter and Ross Doyle Bloodstock for Al Shaqab Racing for €300,000.
Have there been any whispers as to their talent/movement Princess? Would love to know if any have inherited that monstrous stride.
A lot of people seem to be saying they're good walkers with strong hindquarters. Generally if a horse walks well they will gallop well as both gaits are 4-beat movements (ie each foot hits the ground independently of the others).
I believe the colt out of REACHING (lot 548) has been withdrawn from Keeneland and will take up his engagement at Tattersalls, though the Keeneland website does not currently show him as withdrawn.
To update with Keeneland September, the yearlings will sell as follows: Lot 183 sells today Lot 332 sells tomorrow Lot 548 is withdrawn Lot 571 sells on Wednesday Lot 698 sells on Wednesday
He was bought by agent Hugo Merry on behalf of Nawara Stud so odds are he will be coming back to race in Europe.
I read an interesting article the other day that many consignors use a figure of "3 x the stud fee" as a benchmark for whether a yearling sells well or not. That's quite a bit more than I had expected. I know the rough cost of getting a horse from foal to yearling is estimated at about £10,000 (that covers feed, farrier, insurance, sales entry fees, transport costs, cost of staff needed to exercise the horse, etc) so you could argue that "stud fee plus £15,000" is technically a profit. If we apply the "3 times" rule to Frankel's stud fee, then people are looking for: £375,000 €510,000 $577,000
I guess it was fanciful to expect Frankel's early foals to fetch ridiculous prices - like any other young horses they will be judged on looks and physique and there is clearly no guarantee here. Thanks for posting these updates Princess, very interesting and nice of you to take the time
The very cream of the crop will never see a sale ring so in some respects we'll never know much they could make. Could you imagine the fireworks if, say, the filly out of Midday was offered I think the closest we'll get is the colt out of Dar Re Mi, she's had a decent start as a broodmare and if the colt is a good physical specimen he could make a big price.
Meant to say, thanks for the comment Oddy. I like doing stuff like this but it's nice to know folk find it interesting all the same.
It's understandable that the cream won't see the sales ring. On a much smaller scale we have a couple that we would never let go because we want them for our breeding line. Is that you in your avatar Princess? If so I don't suppose that would be Haafhd?
That is me Ron yes, I had my picture taken with Frankel when I visited a few months ago. It's not the best picture in the world so next time I'll be getting another one taken! Juddmonte are so relaxed about it, they invite people to stand with him, pat him - Rob even let me feed him a carrot! He really is very laid back, he walks out of his box like an old schoolmaster, rather than on his toes like the other stallions. He's a real credit to the team.
