Author: Victor Sheahan
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Vincent O’Brien’s Guide to Conformation…
A lovely old video in which Vincent O’Brien discusses conformation in a yearling… -
Galileo, Groupthink, National Hunt Breeding And A New Heresy….
Back in 1633, Galileo was convicted of heresy for his espousal of the heliocentric view of the universe. He was sentenced to house arrest which lasted until his death in 1642.
Sadler’s Wells transformed National Hunt breeding, so breeders seem to assume that Galileo will do the same. Here is my heresy; when it comes to National Hunt breeding, I don’t believe in Galileo… The Catholic Church admitted it was wrong in 1992. I wonder if it will take as long to admit to a mistake by National Hunt breeders?
Grounds for Concern:
1. Sadler’s Wells was a great sire of jumpers, Galileo isn’t.
Looking at Racing Post Ratings, from 294 runners over jumps, Galileo has sired just two runners rated over 155, Celestial Halo on 167 and Supasundae on 165 . In contrast from 362 runners, Sadler’s Wells has 11 runners including the imperious Istabraq on 181, Synchronized on 171, Pridwell on 169, Essex on 165 and Theatreworld on 164 .
Galileo also suffers in comparison with Montjeu. Montjeu had fewer National Hunt runners at 249, but has sired 8 horses rated 155 or above, headlined by Hurricane Fly on 173. To date sire sons of Montjeu have also achieved more than sons of Galileo in the National Hunt realm(eg Douvan, Min, Tiger Roll, Might Bite aka Does Bite) but that’s a discussion for another day. The fact that Galileo hasn’t sired good jumpers doesn’t mean that his sons won’t succeed, but it does create a doubt. Where there is doubt, you would expect caution but instead we have a reckless herd mentality on an almost unprecedented scale.
2. Galileo’s National Hunt Stallion Sons are unproven
Galileo has no proven, established National Hunt stallion sons. Mahler has made a good start (eg Chris’s Dream, Ornua) but not enough to warrant 227 mares in 2019. Soldier of Fortune attracted 275 mares in 2019 and 290 in 2018. That is a lot of faith to put in a stallion who still has to deliver a really top horse but who at least has Busted and Lord Gayle as his dams grand-sires.
Displaying even more faith, but without a comparable female line or any racecourse evidence, were the 275 breeders who used Order of St George, the 225 who went to Idaho and the 190 mares who went to Telescope. That is around 1200 mares from those 5 sons of Galileo. Am I the only person who thinks this might be insane?
3. The sheer scale of the problem
Next season those five stallions will be joined by Leger winners Capri and Flag of Honour, who can both expect significant books. There are a host of others including Finsceal Fior, Imperial Monarch, Proconsul, Vendangeur, Sans Frontieres, Shantaram also in the marketplace. The total foal crop in the UK (4655) and Ireland (8788) in 2019 was 13,443 foals. In Britain it is estimated that 23% of the foal crop is intended as NH or dual purpose and in Ireland it is 48%. This would equate to 5,288 national hunt or dual purpose foals. We could be looking at over 1,700 or around one third of the National Hunt crop being by sons of Galileo.
Conclusion:
I’m sure that there will be many good horses sired by the sons of Galileo. The sheer weight of numbers make that almost inevitable. However, the percentages may be less than expected.
No one is asking about the implications of having so many foals from the same sire line. Half of the foals will be fillies so we are the changing the National Hunt breed forever.
French National Hunt breeding has outperformed the UK and Irish sectors over the past two decades. There are a lot of factors at play, but a willingness to embrace diversity in sire lines and smaller books that allow more stallions a chance have an impact. Irish breeders acting individually think they are being rational but the cumulative effect of their group-think could damage everyone in the National Hunt sector…
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Ballylinch Stud’s 2020 fees reviewed
An impartial review of their 2020 Stud Fees These are good times for Ballylinch Stud. Owned by American billionaire John Malone, the stud has assembled a small but select stallion roster. Lope de Vega’s reputation continues to climb and he is joined by some interesting younger prospects. They have secured a top class Arc winner in Waldgeist and they provide two nice Dubawi line stallions in Make Believe and New Bay. They provide some welcome competition in Ireland to the Coolmore and Darley mega-rosters.
Fascinating Rock €7,000 (7,500) (2011 Fastnet Rock ex Miss Polaris by Polar Falcon
Verdict (overpriced)
Fascinating Rock has his first runners in 2020, so anyone using him this season is taking a gamble. There is no arguing with his ability as a racehorse, as he was high class at four and five winning a Champion Stakes and Tattersalls Gold Cup. Although not precocious, he won a couple of early season Derby trials at three. He was the first son of Fastnet Rock at stud in Europe. He has since been joined at stud by Merchant Navy at Coolmore and Fas in France. Both of these were sprinters but there are some stamina influences in Fascinating Rock including his grandam being by Ela Mana Mou. This might explain how his half brother Quick Jack (by Footstepsinthesand) won a Galway Hurdle. Overall, Fascinating Rock comes from an ordinary female line. He had a yearling median of 12,000 guineas in 2019 so the market is already circumspect about his prospects. I would have expected more of a fee reduction to entice breeders. He was well supported by his breeder Newtown Anner Stud but still ‘only’ had books of 62 and 64 mares in the past two years. I don’t see that number increasing in 2020.
Lope de Vega €100,000 (80,000) (2007 Shamardal ex Lady Vettori by Vettori
Verdict Good Value
Lope de Vega has risen rapidly through the ranks. He stood for €15,000 in his first two seasons before dropping to €12,500 in 2013 and 2014 . He then went to €40,000 in 2015 and his fee has risen every subsequent season. 2019 saw him sire a major classic winner in Phoenix of Spain and there were Group 1’s for Zabeel Prince in France and Santa Ana Lane in Australia. Four stakes winning two year olds also contributed to a good season. The only real disappointment was the failure of juvenile superstar Newspaperofrecord to train on. Lope De Vega has credible percentages with 50 Black Type Winners from 645 foals of racing age in the Northern Hemisphere (8%) and this should improve, as more of his 2016 and 2017 crop win Stakes races. His sales record showed a median of 120,000 guineas for his yearlings last year (they were conceived off a €50,000 cover) and I expect his averages to continue to rise. He may not get the prettiest sales horses but purchasers now presumably realise that handsome is as handsome does. He is a versatile sire who gets two year olds , sprinters, milers and middle distance horses and to me his fee has a bit more to go before he is fully priced.
Make Believe €12,000 (12,000) (2012 Makfi ex Rosie’s Posy by Suave Dancer
Verdict Fairly Priced
Make Believe won both his races at two before annexing the French Guineas and Prix de la Foret at three. He was a son of Guineas winner Makfi, who enjoyed only modest success in Europe. Make Believe comes from a good female line featuring names like Irish Guineas third My Branch and Tante Rose. Make Believe’s had 16, two year old winners from 51 runners out of a total crop size of 89 (a very high percentage of runners to foals). Encouragingly, those winners included Group 3 winners, Rose of Kildare and Ocean Fantasy and Listed winner Tammani. With so many two year old runners, trainers obviously viewed them as early types but I would expect them to improve with age.
Despite the three stakes winners, he didn’t however prove popular at the yearling sales with a 2019 median of 19,500 Guineas (only 10,000 guineas for fillies). There is a great line in Blackadder where mad Captain Rum says ‘opinion is divided on the subject…. all the other captains say it is, I say it isn’t’ 🙂 In the case of Make Believe, I may be in a minority (and hopefully not mad), but I think the market has underestimated him and he is due a reassessment. If you are buying his offspring, there is value to be had…
New Bay €15,000 (15,000) (2012 Dubawi ex Cinnamon Bay by Zamindar
Verdict Overpriced (slightly)
New Bay was high class from 8-12 furlongs. He won the Prix de Jockey Club, was runner up to Make Believe in the French Guineas and was a close third in the Arc to Golden Horn. As a son of Dubawi, improvement would have been expected in his four year old season, but instead he only added a weak Group 3 to his record. We were starting to wonder about stallion sons of Dubawi after relative disappointments such as Makfi, Poets Voice and Worthadd but now Night of Thunder looks like he could be the real deal. New Bay’s dam was a stakes winner and she is from one of the top Juddmonte family’s descending from Bahamian. This brings in names such as Oasis Dream, Zenda (who won the French 1000 Guineas and is the dam of Kingman) and Beat Hollow. New Bay’s yearlings had a median of 28,000 guineas last year but they were conceived off a €20,000 initial fee. He has 72 two year olds running for him this season but although he doesn’t appeal as a two year old sire, he is a very interesting prospect.
In defence of his 2020 fee, New Bay is by a top sire, he is from a high class female line and he demonstrated top class form from a mile to a mile and half. He should suit most of the mares in the Irish population with no Danzig in his pedigree and Sadler’s Wells in the third generation. He may well prove to be a great bargain like Night of Thunder but I thought they might have dropped him to €12,500 in this risky season for breeders.
Waldgeist €17,500 (n/a) (2014 Galileo ex Waldlerche by Monsun
Verdict Overpriced (but only because the market is irrational)
It’s a strange world, when a well bred Arc winner, by the dominant sire of our era, retires at a stud fee less than that of Calyx- a horse who never won a Group 1 and only ran four times. Waldgeist showed top class form over four seasons. He was a Group 1 winner at two, he was just touched off in the Prix de Jockey Club at three, he won a Grand Prix de Saint Cloud at four and a Prix Ganay and Arc at five. He comes from a high class German ‘W’ family. His dam won the Prix Penelope, his grand dam produced St Leger winner Masked Marvel and his third dam produced German Derby winner Waldpark. It’s not Waldgeist’s fault that stamina influences such as Monsun are deemed undesirable, nor that there is suspicion about horses who seemingly improved with age (even if he was a Group 1 winner at two and all horses physically peak at four or five). I think Waldgeist is an attractive package, but I don’t think he will find favour in our speed and precocity obsessed markets. He might be an interesting option for those breeding to race but commercial breeders might need a little convincing at that fee. An interesting comparison might be with Decorated Knight, who also won two Group 1’s at five. Decorated Knight wasn’t quite as good a racehorse as Waldgeist but he comes from a superior female family and stands for just €9,000.
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When is a stallion past their prime?
Older Sires are treated with suspicion Ageism : noun “prejudice or discrimination on the basis of age”
In the bloodstock world, there is often a suspicion of any stallion out of their teens. Supporting this theory, a friend recently mentioned that even Sadler’s Wells had no Group 1 winner from his last three crops. Is this just coincidence (and a very small sample size) or are older sires less effective? A quick internet search, didn’t reveal any serious research on the subject (please let me know if I missed something). Without proper data, we are in the realms of speculation but I am happy to speculate….
My own thoughts are as follows:
- Perceptions matter and if people doubt older stallions, then it could become a self-fulfilling prophecy. Owners of high quality mares may be wary of visiting older stallions and this well lead to weaker crops, reduced success and ‘prove’ the theory.
- Owners of high quality mares may be wary of visiting older stallions if their fertility is lower. Their is a natural decline in fertility as stallions age, so it could be a legitimate risk aversion to ensure the best chance of getting their mares in foal. However again the behaviour of the mare owners will end up ‘proving’ the theory.
- Owners of high quality mares may be wary of visiting older stallions not because they doubt them but because they worry that many buyers have that bias against older sires. Breeders can’t ignore the marketplace. Again a weaker book will lead to less success on the track.
- If the market does reduce the value of the offspring of older sires then those offspring will tend to go to fewer top end trainers. This could reduce the actual level of success.
- Older stallions are probably covering a number of older mares who are trying to replicate a previously successful mating with that stallion. We do know that the progeny of older mares (specifically mares who have had more foals) are less successful than younger mares (albeit not as much of a difference as some people think). If a stallion covered the same 100 mares for ten consecutive years, I would expect a decrease in the number of stakes performers in the later crops due to the ageing of the mares, not the ageing of the stallion.
- Later crops by stallions are competing against grandchildren of the same stallion. This years St Leger was a good example as Galileo’s best finisher was the third place horse, Nayef Road. The first two places were filled by his grandsons in Logician (by Frankel) and Sir Ron Priestley (by Australia). Similarly, when Galileo sired the first three home in the 2006 St Leger (Sixties Icon, The Last Drop and Red Rocks) the next two home were sons of Sadler’s Wells in Ask and Tusculum).
- As for Sadler’s Wells last few crops, it is true that his success dimmed near the end. However, it is also worth remembering that Sadler’s Wells himself was part of a crop of 31 foals by Northern Dancer in 1981- so Northern Dancer was 20 when they were born. From those 31 foals there was Sadler’s Wells, El Gran Senor, Secreto and Northern Trick so not bad for an old sire! Mr Prospector also did well in his latter years- his only Kentucky Derby winner, Fusaichi Pegasus, was born when Mr Prospector was 27.
Conclusion: Without proper data, it’s hard to be dogmatic on the subject. A simple crop by crop analysis with the percentage of black type winners in each crop isn’t sufficient. The quality and age of the mares in each crop would also have to be included in calculations. In humans, research on the children of older fathers shows some negative correlations so it is plausible that this would apply in horses also. If there is a negative correlation in horses, I think it would be slight and might perhaps be overestimated by the market. If that is the case, there could be some value to be had at the sales. One man’s prejudice, can be another man’s opportunity…….