MONTJEU.COM

An Independent View of the Bloodstock World

Category: Stallion Reviews

  • 2013 stud fees- some overpriced examples

    Beauty is in the eye of the beholder and defining value is a very subjective measure. Looking at the published fees for 2013 there were a few fees that took my eye as representing particularly poor value.  I wouldn’t have time to list all the overpriced first season sires, so I’m restricting myself to those sires with runners……

    Poor Value Sires

    1. High Chaparral (1999 Sadler’s Wells ex Kasora by Darshaan) 2013 fee €25,000

    I could just cut and paste my comments from last year regarding High Chaparral- yes he was a great racehorse, yes he has done very well in Australia/New Zealand but there is no way his European results merit a €25000 fee.  It is extraordinary to think that he has yet to sire a European Group 1 winner from his huge number of European conceived progeny. His sales returns have been good for the past two years but  sooner rather than later European breeders will wake up to the fact that he is only managing 3% stakes winners and is due a significant cut in fee. By way of comparison for the same fee you could access Dalakhani who has 5% stakes winners and has sired 5 individual European Group 1 winners.

    2. Footstepsinthesand (2002 Giant’s Causeway ex Glatisant by Rainbow Quest) 2013 fee €10000

    Not as egregiously bad value as his stud mate but nonetheless I think Footsteps has been a disappointment and is now overpriced.  He has managed only 2% stakes winners and if you take into account that his stud fee was over 20k for his first three years at stud, his record is not going to improve in the coming years. His median for the past two years has hovered around his stud fee so the commercial market is hardly in love with him. Interestingly he is the last and only Storm Cat line horse now in Coolmore Ireland but I’m sure if a suitable offer came from overseas, Coolmore would be happy to offload him and that particular experiment would come to an end without too many tears being shed by Ireland’s breeders. By way of comparison you could use Azamour for the same fee and he has 4% stakes winners.

    3. Elusive City (2000 Elusive Quality ex Star of Paris by Dayjur) 2013 fee €12,500

    I wrote about Elusive City last year when he was France’s most expensive stallion at €15000. He no longer holds this particular title but he still remains a sire who manages only 2% stakes winners and he remains considerably overpriced. You could pick 20 stallions who represent better value but two similarly priced Mr Prospector line stallions that are far better sires (albeit standing in the UK) are Medicean and Zamindar.

    4. Teofilo (2004 Galileo ex Speirbhean by Danehill ) 2013 fee €35,000

    I might be eating my words on this one, given that he produced three very nice two year old colts last year in Loch Garman, Havana Gold and Trading Leather. However I’m not arguing that Teofilo isn’t capable of producing high class horses but to me he didn’t do enough last year to justify a hike from €25000 to €35000. This is particularly the case when I felt that his three year olds were somewhat disappointing although admittedly the absence of his first crop star Parish Hall had a big impact on this.  His stud fee owes a lot to the growing belief in Galileo as a sire of sires and the fact that he shares the Galileo/Danehill cross with Frankel probably helps along with some strong Autumn sales results. People are taking a punt of fashion and on potential and  although he is an interesting sire his fee should have stayed at its 2012 level until he truly delivered on that potential.  By way of comparison at the exact same fee, his stud mate Cape Cross has demonstrated his ability to produce the goods and I would rather the proven over the possible any day.

  • the opposite of nostalgia

    So now its official- Frankel is the top rated horse since the beginning of the international rankings.  So how did he achieve this feat? Well his stunning performances in the Queen Anne and Juddmonte International certainly played a part, but they were not in themselves sufficient to garner him that accolade.  The fact that the handicappers strangely rated his 11 length Queen Anne victory as being akin to 12.5 lengths and his 7 length Juddmonte victory as being akin to 9.25 lengths also helped, but was still not enough to give him the top honours. No he achieved the top spot by virtue of the handicappers rewriting history.

    At the end of his three year old career, Frankel was rated 136, a long way short of Dancing Brave’s 141. At the time Phil Smith, the British Horseracing Authority’s senior handicapper was quoted as saying “I don’t believe that Dancing Brave would get that rating now, but it’s in the book and that’s what [Frankel] has got to aim for, because we are not going to rewrite history.” Fast forward twelve months and rewriting history is exactly what Phil and his colleagues have done. I can’t find a suitable antonym for nostalgia but it is clear that the handicappers don’t think much of the greats of the past and  they don’t trust their predecessors. When Phil Smith explained that Shergar’s rating was a retirement ‘gift’ to a former handicapper it hardly counted as an endorsement of his predecessors and somewhat undermined a statement in their explanatory piece see link that “the purpose of this paper is absolutely NOT to say that the current Handicappers are right and those who compiled the ratings between 1977 and 1991 were wrong”. Some of the other arguments in their justification are also odd as for instance “Much easier travel coupled with an increase in valuable International races enabled connections of the better horses to avoid each other” could just as easily be an argument supporting the thesis that we have more competition not less between the best horses of the world. Also the statement that “The ownership of so many of the top horses in just a few hands meant competition and higher ratings suffered.” is as valid now as ever before. The statement that ” The extension of the Classification to 115 and above in 1985, to 112 and above in 1989 and to 110 in 1990 had a depressant effect as there was now a safety net in which to include the type of horse that had been overly promoted in the past”, again seems to imply that past handicappers were assigning ratings for reasons other than merit. Finally I’m not sure there is a solid basis to the statement that the increase in the number of handicappers means “It is much more likely that horses will be downgraded with a larger Committee” unless larger groups are somehow assumed to be more negative in mindset, and a strong voice is somehow incapable of swaying a committee.

    In Orwell’s 1984, the Ministry for Truth was responsible for updating records to ensure that the recorded ‘facts’ of history matched the current needs of the regime. History was rewritten on a daily basis and documentation was destroyed or updated as required. To be fair to the handicappers they probably won’t resort to destroying my books containing old ratings.  There were three slogans outside the Ministry for Truth namely “WAR IS PEACE,” “FREEDOM IS SLAVERY,” “IGNORANCE IS STRENGTH”, perhaps if there was a section dealing with sport, a fourth slogan “FRANKEL IS THE GREATEST” would have been included?

  • Camelot- a new legend?

    Camelot has delivered Montjeu, his first Guineas winner. His success didn’t look likely until inside the final furlong, but in the end he was probably worth a little bit more than his official margin of a neck.  His success confirms the greatness of both Montjeu and Aidan O’Brien.

    Aidan O’Brien

    Camelot was Aidan O’Brien’s sixth 2000 Guineas winner, following King of Kings, Rock of Gibraltar, Footstepsinthesand, George Washington and Henrythenavigator. All of them were making their seasonal debuts and to me the ability to get a horse fully fit on the gallops is one of the hallmarks of a top trainer. The ability to learn from past mistakes and the knowledge that comes from training a lot of the members of the same family or offspring of the same sire can give trainers that extra edge. Aidan has trained more Montjeu’s than anybody else and he was quick to acknowledge that he made mistakes in prepping a previous Racing Post Trophy winner St Nicholas Abbey for the Guineas and he clearly didn’t repeat those mistakes with Camelot.

    Camelot’s pedigree

    Camelot cost 525,000 guineas at the 2010 Tattersalls October sales which made him the highest priced yearling by Montjeu sold that year.  For that sort of money you would expect him to be both handsome and especially well bred. His pedigree is undoubtedly high class although in truth it has lacked a superstar until Camelot, so we can assume he was a very taking physical specimen.

    Tarfah

    Camelot’s dam Tarfah was unraced at two, won three of her 4 starts including a listed handicap at Ascot as a three year old and then continued the good work by winning the listed Snowdrop stakes and the Group 3 Dahlia stakes in her first two runs at four. She failed to trouble the judge in the Windsor Forest run at York that year when Ascot was being redeveloped and was last seen disappointing in the Princess Elizabeth Stakes at Epsom in June 2006. She was reported as having burst a blood vessel that day and was not seen again on the track but retired with a very creditable record of 5 wins from 8 starts. Tarfah’s first foal was a filly by Galileo who cost 240,000 Guineas and named Ideal.  Trained by David Wachman, from her seven starts to date she won a 10 furlong maiden at Clonmel but is clearly a long way short of top class.

    Fickle

    Tarfah’s dam Fickle was trained by Michael Bell and ran five times as a three year old. She won her maiden at Brighton on her third start and won a listed race on her final start at Newcastle when she got the run of the race and sprung a surprise when winning at 20-1. With the black type secured it was presumably decided to retire her to the paddocks.  At stud Tarfah was by a long way her best offspring with her only other winner being the very modest Sistine who is closely related to Tarfah being by Dubai Destination (a son of Kingmambo).

    Fade

    Camelot’s third dam Fade was unraced but she proved a useful producer, leaving 8 winners from 8 runners including 3 other stakes performers besides Fickle in Faru (by Mtoto) , Birdie (by Alhaarth) and Fading Light (by King’s Best).

    One over Parr

    Camelot’s fourth dam One Over Parr (by Reform out of Seventh Bride) was very useful .  She won the Cheshire Oaks and the Lancashire Oaks, both Group 3’s and was a full sister to an Epsom Oaks winner in the 1974 winner Polygamy who gave Pat Eddery his first English Classic on the day that I was born ! As for the name One Over Parr history buffs might recall that Henry VIII’s sixth wife was called Catherine Parr hence with a dam of Seventh Bride, the name One Over Parr was very clever.

    Kincsem

    For those who really, really like to delve into a pedigree (and my thanks to the poster who notified me), Camelots 17th dam is no less than the Hungarian supermare Kincsem! Kincsem retired with a record of 54 wins from 54 starts and was dominant on the continent before crossing the Channel and claiming the Goodwood Cup in 1878. For a detailed account of her racing and broodmare career click here

    Nicks

    Tarfah is a daughter of Kingmambo and he has combined very well with daughters of  Montjeu’s sire Sadler’s Wells.  Kingmambo has sired Henrythenavigator, El Condor Pasa and Divine Proportions on this cross and his son King’s Best has produced Workforce out of a Sadler’s Wells mare.

    Conclusion

    Camelot is an unbeaten Group 1 winner at two and now a Guineas winner at three. The next logical target is the Derby and he is already an odds on shot in most books for the Epsom showpiece.  The assumption is that being by Montjeu he should have no difficulty in staying 12 furlongs and the triple crown is also now being talked about.  However before getting carried away with the hype, it is worth remembering that neither Tarfah nor Fickle were ever asked to race beyond 10 furlongs and as racehorses themselves the sires in the lower half of the pedigree were all sprinters or milers with the exception of Persepolis who won the Prix Lupin over 10 furlongs. The slight concern is that winning a Guineas shows Camelot to be an atypical Montjeu and perhaps he will also not stay as well as the other high class Montjeu colts.  I certainly wouldn’t be rushing to back him at odds on  for the Derby, however for the sake of racing I fervently hope that he goes on to claim the holy grail that is the triple crown, and for which we have been waiting 42 years to find a successor to Nijinsky.

    CAMELOT (GB) 2009 c b
    Montjeu
    (IRE) 1996    		 Sadler’s
    Wells (USA) 1981    		 Northern
    Dancer (CAN) 1961    		 Nearctic
    (USA) 1954
    Natalma
    (USA) 1957
    Fairy
    Bridge (USA) 1975    		 Bold
    Reason (USA) 1968
    Special
    (USA) 1969
    Floripedes
    (FR) 1985    		 Top
    Ville (IRE) 1976    		 High
    Top (IRE) 1969
    Sega
    Ville (USA) 1968
    Toute
    Cy (FR) 1979    		 Tennyson
    (FR) 1970
    Adele
    Toumignon (IRE) 1971
    Tarfah
    (USA) 2001    		 Kingmambo
    (USA) 1990    		 Mr
    Prospector (USA) 1970    		 Raise
    A Native (USA) 1961
    Gold
    Digger (USA) 1962
    Miesque
    (USA) 1984    		 Nureyev
    (USA) 1977
    Pasadoble
    (USA) 1979
    Fickle
    (GB) 1996    		 Danehill
    (USA) 1986    		 Danzig
    (USA) 1977
    Razyana
    (USA) 1981
    Fade
    (GB) 1988    		 Persepolis
    (FR) 1979
    One
    Over Parr (GB) 1972

  • Montjeu RIP

    We all know that death is inevitable, yet we are still surprised when it happens. Montjeu was only 16 when he died today from complications related to septicaemia. He leaves behind an outstanding legacy with too many big winners to name, but even looking at his classic winners gives a sense of his achievements.

    Classic Winners (Northern Hemisphere):

    Hurricane Run (2002 c ex Hold On by Surumu) won Irish Derby

    Motivator (2002 c ex Out West by Gone West) won Epsom Derby

    Scorpion (2002 c ex Ard Melody by Law Society) won St Leger

    Frozen Fire (2005 c ex Flamingo Sea by Woodman) won Irish Derby

    Fame & Glory (2006 c ex Gryada by Shirley Heights)- won Irish Derby

    Authorized (2006 ex Funsie by Saumurez) won Epsom Derby

    Pour Moi (2008 c ex Gwynn by Darshaan)

    Masked Marvel (2008 ex Waldmark by Mark of Esteem) won St Leger

    Additional “Classic Winners” (depending on your definition)

    Montare (2002 f ex Contare by Shirley Heights ) won Prix Royal Oak (French St Leger)

    Jukebox Jury (2006 c ex Mare Aux Fees by Kenmare) won Irish St Leger

    That is a remarkable level of consistency for a sire who has only had 8 crops of three year olds to represent him so far. It also goes without saying that there could be plenty more names added to this list before the final total is known with Camelot (ex Tarfah by Kingmambo) a short priced favourite for this years Derby and Guineas.

    In addition he did very well from his stint down under (although it took some time to recognise this) and he has also enjoyed  major national hunt success including festival winners Hurricane Fly and Noble Prince.

    Legacy

    When Montjeu’s first crop of three year olds hit the track it was a phenomenon. He sired the first two in the Epsom Derby (Motivator and Walk in the Park) and Irish Derby (Hurricane Run and Scorpion). For good measure Scorpion added the St Leger and Hurricane Run the Arc that season. It seemed the true successor to his sire Sadler’s Wells had finally arrived. And then along came Galileo.  Now it seems that Montjeu is always to be compared to his more expensive stud mate and almost invariably unfavourably. “He doesn’t sire milers and he doesn’t sire fillies and they carry their heads a little high” so the cream of the mares go to Galileo, just like their sire Sadler’s Wells kept the best mares from Caerleon. Indeed one wag suggested to me that the cause of his death was a broken heart as he felt like a jilted lover losing so many of his mares to Galileo!

    But the comparison with Sadler’s Wells and Caerleon and the conventional wisdom is unfair. Montjeu is to my mind a better sire than Caerleon and in many respects a better sire than Galileo. The most important stat is usually stakes winners to foals- Galileo has 98 from 1651 foals of racing age (6%), Montjeu is currently 100 from 1318 foals (8%). If we factor in the superior quality of Galileo’s mares then Montjeu’s comparative record is all the more laudable. He also outperformed Galileo from their shuttle crops. As for his supposed failings with fillies and milers, those perceptions could easily change and very rapidly if for instance Camelot won a Guineas and Wading a fillies classic. With further crops to come it is worth waiting to see if his record with fillies and milers will improve in time. Even if they don’t, he has done enough to be regarded as one of the ten greatest sires to ever stand in Ireland. The others probably consist of Sadler’s Wells, Danehill, Habitat, Galileo, Birdcatcher, Gallinule, Blandford, Gallinule and Desmond.

    Sons at Stud

    To date the record of his sons at stud is underwhelming. Motivator seemed afflicted by bad luck suffering injuries and having small resultant crops but he was disappointing. Hurricane Run has got plenty of stakes horses but quickly needs a big name to keep his name in lights. Authorized had a quiet first season last year with his two year olds so he needs them to improve considerably as three year olds. There are still plenty of sons either yet to retire or just retired so there is plenty of time for a successor to emerge and it is worth remembering that Sadler’s Wells had more failures than successes before Montjeu came along.

    Broodmare Sire

    It is also very early to make pronouncements Montjeu as a Broodmare sire.  However last year saw Montjeu as broodmare sire of two of the best two year olds in Europe via Dewhurst winner Parish Hall (2009 c by Teofilo ex Halla Siamsa by Montjeu) and Group 2 winner Restiadargent (Kendargent ex Restia by Montjeu). Given Montjeu’s rivalry with Galileo it is interesting to see them combine in the pedigree of Parish Hall who is by Galileo’s son Teofilo and we can expect to see there names increasingly linked in future pedigrees.

    Final Word

    Montjeu was an outstanding racehorse and his performance in the 2000 King George was as impressive as you could wish for. He had a great turn of foot for a horse who truly stayed 12 furlongs and would have got further. He also had courage as he demonstrated in a tough Arc when El Condor Paso got first run on him in heavy ground. He passed on many of these attributes to his offspring and he is huge loss to the European breeding industry.