By Andy Sambidge
Prince Khalid Abdullah's Juddmonte Farms seen making £12m in horse's first year
Saudi Prince Khalid Abdullah's Juddmonte Farms has set a stud fee of £125,000 for its unbeaten racehorse Frankel.
The four-year-old, who was trained by Sir Henry Cecil and retired unbeaten last month after winning 14 races, is due to begin breeding duties at the Banstead Manor Stud next year.
Juddmonte Farms said in a statement that Frankel, named the Cartier Horse of the Year for the second successive season earlier this week, will stand at a fee of £125,000.
Philip Mitchell, Juddmonte Farms’ general manager, said: “We believe our stallion roster is the best we have been able to offer breeders – and we are very excited with both of our new arrivals.
“The fee for Frankel reflects his merits as being perhaps the greatest racehorse we have ever witnessed."
The fee of £125,000 is the charge for each owner whose mare breeds with the stallion, and is on a no-foal, no-fee basis.
With an expected annual roster of 100 mares, Frankel could generate more than £12m in his first year and well over £100m overall during his stud career.
The colt, son of 2001 Epsom Derby winner Galileo and grandson of champion stallion Sadler's Wells, was retired from racing after winning the Champion Stakes at Ascot in October.
Frankel's popularity led to a range of merchandise - including T-shirts, mugs, caps and badges - launched in his honour, with profits going to charity.