Stud determined to offer breeders best possible value

4 min read
Waikato Stud has signalled its intent to meet the current market with service fee revisions announced for 2019. The Matamata farm is preserving the longevity of multiple champion stallion Savabeel by closely managing the number of mares he will serve.

Ocean Park (NZ), Sacred Falls (NZ) and Rock ‘n’ Pop have new prices announced for the 2019 season while Tivaci’s fee will remain unchanged.

“The revision of our stallion fees for 2019 is partly market-driven, but a significant driving factor behind the decision is Waikato Stud’s determination to offer breeders the opportunity to breed the best racehorses possible at great value,” principal Mark Chittick said.

Champion sire Savabeel heads the stud’s stallion roster and a closed book approach has been taken with the influential sire.

Waikato Stud's Mark Chittick

“Waikato Stud is renowned for giving our stallions the highest quality of life on our farm, so they have every chance of success,” Chittick said.

“We are looking forward to another busy breeding season and invite inspections at any stage.”

“We are looking forward to another busy breeding season and invite inspections at any stage.” – Mark Chittick.

The past season has been another successful one for Savabeel with the former G1 Cox Plate winner producing 18 individual stakes winners so far and achieving his highest-priced yearling at Karaka when Te Akau supremo David Ellis went to NZ$1.4 million for Waikato Stud’s colt out of Make A Wish (NZ) (Pins).

Savabeel has now sired 18 individual Group 1 winners and has a current stakes winners to runners strike rate of 10.8 per cent. His elite level winners this season include Shillelagh (NZ), Nicoletta (NZ) and Savvy Coup (NZ).

His yearling sale average across all Australasian yearling sales this year has been NZ$305,000 from 55 sold, his highest average ever reached.

Savabeel

“We are absolutely thrilled with Savabeel, who has had one of his most successful seasons to date,” Chittick said.

“However, as he enters the twilight years of his stud career he will cover a lesser number of mares this season and we will be making a conscious effort to manage him carefully.”

“We are absolutely thrilled with Savabeel, who has had one of his most successful seasons to date.” - Mark Chittick

Four-time Group 1 winner Sacred Falls’ 2019 service fee will be NZ$20,000 + GST.

He achieved outstanding sale results again this year with his second crop of yearlings selling at an average price of NZ$107,250 and up to NZ$380,000 at Karaka.

Sacred Falls was the leading first-season sire at both the 2018 New Zealand Bloodstock National Yearling Sale and the NZB Ready to Run Sale.

Sacred Falls

Ocean Park's fee has been announced at NZ$15,000 + GST in 2019.

Ocean Park has sired 84 winners and 10 stakes performers, including Ocean Jewel and Group 1 placed gallopers Arrogant (NZ), Rondinella (NZ), Another Dollar (NZ) and Mongolianconqueror (NZ).

“We hope that the revision of his service fee makes Ocean Park more accessible for breeders.” – Mark Chittick.

The leading New Zealand based second-season sire in Australia last season, Ocean Park has successfully nicked with mares by Pins, O’Reilly (NZ), Danasinga and when put over mares by Danehill (USA) the cross has produced a stakes winners-to-runners rate of 33 per cent.

Ocean Park’s Book 1 yearlings have sold up to NZ$220,000 and at an average price of NZ$90,000 this year at Karaka.

“Ocean Park continues to impress us with his immense success and consistent results, particularly in Australia,” Chittick said.

“We hope that the revision of his service fee makes Ocean Park more accessible for breeders.”

Ocean Park

Rock ‘n’ Pop’s service fee has been set at $7000 + GST in 2019. He has sired 29 winners and five stakes performers to date in four countries.

Among his flagship performers is son Surely Sacred (NZ), winner of the G2 Auckland Guineas and the G2 Avondale Guineas and placing in the G1 Rosehill Guineas and the G1 Australian Derby.

“All indications are pointing toward Tivaci having a very exciting career as a stallion.” – Mark Chittick.

The service fee for G1 winning sprinter-miler Tivaci will remain at NZ$20,000 + GST.

Chittick said Tivaci has covered two excellent books of mares, including a good number of Group 1 winners and producers. The feedback on his first foals and weanlings has been encouraging.

“Tivaci produced an incredible crop of beautifully put together, athletic foals last year. All indications are pointing toward Tivaci having a very exciting career as a stallion.”