Highclere Unveils Fees, Incentives

[Wandering Eyes]

Highclere Stud has announced that its resident stallions Cable Bay (Ire) and Land Force (Ire) will stand for £8,000 and £5,000, respectively, in 2021, and has also unveiled new incentives for breeders alongside its regular Oct. 1 SLF terms.

Highclere’s 50/50 Terms will allow breeders to pay half of the nomination fee on Oct. 1 SLF, with the remaining 50% payable when the progeny reaches its “target price” at public auction as a foal or yearling. The target price for Cable Bay is 24,000 (£/gns) and 15,000 (£/gns) for Land Force. If the breeder places a reserve on the horse in excess of the target price, the

remaining 50% fee would become payable. Should the breeder subsequently decide not to sell the horse at public auction, the remaining 50% fee would also become payable.

Additionally, Highclere’s new Euros4Euros terms will allow breeders from EU countries sending mares to pay the advertised fees in Euros.

“We are offering these simple ideas to give breeders more flexibility within the commercial breeding market in these more challenging times,” said Highclere’s Jake Warren. “Both Cable Bay and Land Force were extremely popular in 2020 covering big books, which now gives breeders excellent crops to follow with both stallions. However, if they do happen to fall short of the target price, using 50/50 will protect their investment. We also hope that launching Euros4Euros for European breeders encourages our valued customers across Europe to travel their mares whilst also simplifying things should they wish to use 50/50 terms as well.”

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