The most valuable asset in the Breeding cycle is that of a successful stallion.
The well known Frankel has a stud fee, the cost for the stallion to impregnate the mare, of £175,000 which equates to almost £16m of earnings per annum.
Success on the racecourse, by the stallions foals, is the only way to protect the value of the stallion owners investments.
This is best achieved by ensuring the foals pedigree gives the best chance of success. There is, therefore, a high demand for quality female horses older than 4 to become broodmares, those used for mating.
Such success led to an increase in Frankel’s stud fee from £125,000 to £175,000.
The investment needed to own the stallion or good broodmares is significant and prohibitive for most investors.
The foals born at the beginning of any one year are usually entered into sale in November and December of each year so are anything from 6-11 months old.
The buyer of the foal may look to keep the racehorse until they are eligible to race once they turn 2 years old or he may look to sell the racehorse as a yearling, i.e. when the horse is 18-23 months old.
The latter is the process called Pinhooking and is the least labour or capital intensive way to access the revenue options and is therefore, the initial focus of the company.
Jan – April | Foals Born |
Nov – Dec | Foal Sales |
Jan | Foals » Yearlings |
Oct – Dec | Yearling Sales |
Jan | Yearlings » 2 year olds |
March onward | Racing careers start |