Widden Bargains Equivalent to Ladies’ Night at the Public
A pandemic affecting humans has produced some bargain rates for Thoroughbred breeders.
Widden Stud, where many top stallions stand, has reduced its fees considerably for Zoustar, Nature Strip sire Nicconi, Trapeze Artist, Star Witness and Written By.
Zoustar is the biggest bargain, causing us to look around to see if there were any mares worthy of his services in our collection. His price has dropped from $154,000 to $121,000.
Unfortunately, our collection of broodmares is and always has been zero.
The reason for the reduction for Zoustar is that he has not produced a Group 1 winner this season, but Widden boss Antony Thompson put a different spin of the spectacular savings.
“In light of the current global situation resulting from the Covid 19 pandemic and ensuing financial downturn, we have taken the decision to reduce our fees by an average 20% in a bid to assist breeders through these unprecedented events,” Thompson said in a statement.
That is a nice gesture on the part of Widden, but this is a classic case of supply versus demand.
Nicconi has been put on sale for $27,500, down from $38,500 and if you compare the racing results of Zoustar and Nicconi, it is an equal contest, mostly. Both were sent to the barn with fewer than 20 races.
Trapeze Artist will be starting his second season of doing that which we all wish we were paid for doing. He was prices at $88,000 for his first season and has been reduced to $77,000.
The question that begs an answer is: If you could afford Trapeze Artist for $88,000 or $77,000, how badly has the pandemic affected your business?
Star Witness and Written By will do the job for $22,000, while freshman Zousain has been set at $19,800.
The savings to breeders will foot the bill for a whole lot of personal protective equipment for the studs and the mares.