Woodside Park's Written Tycoon has been topping all the sire profitability tables this year and soared to new heights at Inglis Easter with his first $1million yearling…. conceived from a fee of $13,750!
His three yearlings sold averaged $610,000 to return a staggering 44.8 times service fee and $576,250 in profit for their breeders.
Written Tycoon has had a fee increase this year from $49,500 to $88,000 putting him right up there with the elite stallions, but his path to success has been far from textbook.
He started at Eliza Park International in Victoria at a fee of $8,250 in 2007 and promptly found success on the track taking Champion First Season honours in 2010/2011 in a year that was hardly vintage.
That success lead to a slight increase in fee to $11,000 after having served two seasons at the bargain basement fee of $6,600.
He was sent to Queensland in 2012 and priced at $15,400, a decision which proved a pivotal one for Written Tycoon as that crop of foals included his Golden Slipper winner Capitalist, star sprinter Winning Rupert, NZ Group I winner Luna Rossa and Tasmanian wonder filly Hot Dipped.
The two following years before the power of this foal crop was unleashed, Written Tycoon stood for just $13,750 and in the second of those years, 2014, which is when our current yearlings were conceived he covered 177 mares.
These are the breeders laughing all the way to the bank!
Now back in Victoria at Woodside Park, Written Tycoon stood at $19,800 in 2015 covering 184 mares and then last year covered 224 mares at $49,500 including plenty of the best mares in the country.
Completely free of Danzig blood, Written Tycoon is the outcross sire that works and his profile as a talented Group II winner that never quite delivered at Group I level is what gives hope to every stud master starting off such a stallion this spring.
The next two stallions on the sire profitability table fit the same profile in Not a Single Doubt and I Am Invincible, both hugely successful stallions that started at a lower base, the former at $13,750 and the latter at $11,000.
Arrowfield have priced Not a Single Doubt at $88,000 this year and Yarraman Park have set I Am Invincible at $110,000.
These stallions have delivered huge profits to their supporters over the last few years as their stars have risen and will continue to do so, but the free ride is over!
The trick is finding the next modestly priced sire ready to follow in their footsteps.
Tomorrow we will look at Sire Profitablity by straight profit.
Tomorrow we will look at Sire Profitablity by straight profit.