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Zoustar to Widden for $15m |
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Lordy
Champion Joined: 22 May 2010 Location: Sunshine State Status: Offline Points: 13887 |
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Posted: 31 Oct 2013 at 1:54pm |
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Widden Stud Wins The Race For ZoustarAfter long negotiations with several studs the Zoustar syndicate headed by Sherrif Iskander accepted an offer from Widden believed to be worth more than $15 million. Zoustar will race for the first time in Widden ownership and racing colours in Saturday’s $1 million Coolmore Stud Stakes at Flemington. Stud farms in NSW and Victoria began bidding for Zoustar after the three-year-old by the recently deceased stallion Northern Meteor from a daughter of champion sire Redoute’s Choice won the G1 Golden Rose at Rosehill last month. Widden Stud, who lost Northern Meteor in July after a sensational start to his stud career made him Australia’s champion first season sire in 2012-13, were intent on securing Zoustar as his replacement. However Victoria’s Woodside Park Stud was also in the race for the colt with bidding between the two studs intensifying over the last week and pushing his value well past $10 million. Zoustar was syndicated by Iskander after he purchased the colt as a yearling for $85,000 from the 2012 Magbic Milions sale at the Gold Coast where he was offered by KUlani Park Stud. He followed up his Golden Rose victory with a runaway win in the G2 Roman Consul Stakes at Randwick, taking his career record to five wins from seven starts and $1,104,180 prizemoney for the Iskander syndicate. His stud career is expected to begin at Widden in the spring of 2014, giving him a window to contest Australia’s major autumn sprints and then go after the big sprint races in the UK in June and July. Part-owner Suman Hedge confirmed that an interim agreement had been struck for his sale subject to the colt passing the standard vet examination. “The contract will be issued and subject to that being in order then the deal is done," Hedge said. |
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Lordy
Champion Joined: 22 May 2010 Location: Sunshine State Status: Offline Points: 13887 |
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Far be it for me to value stallions but $15m looks like overs. I'd expect a bit more depth in the female line to command that sort of money. Think the jury is still out on the quality of the Golden Rose too.
Would they be paying anything close to this figure if they didn't lose Northern Meteor?
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djebel
Premium Joined: 07 Mar 2007 Status: Offline Points: 53960 |
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reductio ad absurdum
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djebel
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Its great to see a pedigree with Heroic and Magpie in it.
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reductio ad absurdum
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furious
Champion Joined: 19 Feb 2007 Status: Offline Points: 25165 |
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Even greater to see one from the Lady Chester female line. She was the dam of one of the early great sires in Australia Chester. He was also a great racehorse winner the AJC Sires' Produce S, Champagne S as a 2yo year old and going on to win the Victoria Derby and Melbourne Cup. And to add to the greats in his pedigree you find Encosta De Lago (Champion sire), Redoute's Choice (Champion sire), Danehill (Champion sire), Bletchingly (Champion sire), Biscay (Champion two year old sire), Wilkes (double dose)(Champion sire), Star Kingdom (double dose),(Champion sire), Magic Symbol (dam of Star of Heaven and Biscay), Talking (very good sire and a Champion 3yo winning the AJC and VRC Derby's while his best progeny was Amana winner of the WS Cox P, Caulfield S, LKS Mackinnon S etc), Wallace (Champion sire), Carbine (multiples) (Champion), Robinson Crusoe (Champion), Goldsbrough (Champion sire), Musket (multiples)(Champion sire), Heroic (Champion sire), Magpie (double dose)(Champion sire), Valais (Champion sire), Chelandry (Champion broodmare), Juliet (favourite mare), Lochiel (Champion sire) and lots more and that's just the Australian side of things.
The two weak links in the sires Star Shower and Blockbuster have back up blood for other better sires in the pedigree. Star Shower (the Biscay blood in Redoute's and an extra line of Wilkes) and Blockbuster the 1-n Chelandry blood in Heroic. more in a minute |
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furious
Champion Joined: 19 Feb 2007 Status: Offline Points: 25165 |
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Then look at the prepotency of the USA blood in Northern Meteor. Yet another Australian sire who has that inbreeding to a female in Rough Shod the dam of Ridan (Florida Derby, Blue Grass S, Arlington C, Arlington Futurity, Washington park Futurity ect).
Fairy King (brother to Sadler's Wells and an outstanding sire in his own right), Northern Dancer (Champion all rounder), Mr Prospector (double) (Champion sire). And some pretty special mares starting with Special, Lalun, Fairy Bridge, Rolls, Moccasin, Rough Shod, Natalma, Selene etc. If you took out two generations (Star Shower and Blockbuster) the sires of the dams would read Redoute's Choice, Wilkes, Talking, Heroic in a row. Fastnet Rock reads - Royal Academy, Marauding, Twig Moss, Better Honey, Chatsworth, Fair's Fair etc. Need I point out who were the Champion sires and who weren't. All pedigrees have good and bad points. Even the great pedigrees have lesser points. He is a lovely young stallion who has a better chance than most at making it at stud. |
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Ticino
Champion Joined: 20 Oct 2008 Location: Germany Status: Offline Points: 4445 |
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Hello,
may I point out, Star Showers Damsire is Novalis from the the Nella da Gubbio - Catnip branch, the succussful German strain, see Neckar/Naxos, Nebos, Novellist
regards, Ticino
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furious
Champion Joined: 19 Feb 2007 Status: Offline Points: 25165 |
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Thanks Ticino we've obviously had a bit of German blood here for a while
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Nobody
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Congrats to a couple of forum members who are involved with Zoustar.
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brogers
Champion Joined: 20 Feb 2007 Location: Lexington, KY Status: Offline Points: 1106 |
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Like Festival Hall or HenrytheNavigator? |
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Abel Tasman...Keen Ice...Divisidero....Verrazano...Catchy...Carrick...Ivictory...
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furious
Champion Joined: 19 Feb 2007 Status: Offline Points: 25165 |
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No like Valais (Feronia), Heroic (Illuminata), Star Kingdom (Canterbury Pilgrim), Midstream (Quiver), Alcimedes (Serenissima), Agrigcola (Canterbury Pilgrim), Persian Book (Canterbury Pilgrim), Oncidium (Malva), Showdown (Scapa Flow), Century (Mumtaz Mahal), Sir Tristram (Lavendula & Selene), Matrice (Scapa Flow, Gondolette), Danehill (Natalma) etc.
Lots don't have it and there are more than just Festival Hall (Thong) and HenrytheNavigator (Special) who haven't made it. But as Northern Meteor has been the find of this season and he is siring top young horses his best son does have a chance. |
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djebel
Premium Joined: 07 Mar 2007 Status: Offline Points: 53960 |
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reductio ad absurdum
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Nocturnal
Champion Joined: 26 Sep 2008 Location: at the 800 Status: Offline Points: 13667 |
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July foal , looks weak behind. No substance to my eye
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The only problem with backing winners ? You never have enough on....
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Ticino
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Hello,
The Zoustar/It's All for You Show a triple Damary Linbreeding Fairy King/Scuff Sadlers Wells (Winged Love. It''s Allfor you traces back to Alveole (Galileo, Alchimist, Arjaman, Tertullian, Adlerflug), she is 3x4 Surumu and has a three times linebreeding to Kaiserwürde (Königsstuhl/Kronzeuge/Kaiseradler). Ankerkette in her damline is one of the rare Nearco daughters in Germany. Shirocco carries the Minstrel, the 3/4 brother of Nijinsky (Redoute's Choice) Winged Love/Fappiano are descents of Plucky Liege via her daughters Marguerite de Valois/Noor Jahan Sometimes you find the same damlines in peds you never expect, see for example Zoustar - Pantheon - Granddam Rose of Ayrshire (btw 3x4 Feronia/Violet like Robert Le Diable) Monsun - Konigsstuhl - Tiepoletto - Tornado - Rose of Ayrshire regards, Ticino
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Gay3
Moderator Group Joined: 19 Feb 2007 Location: Miners Rest Status: Offline Points: 51994 |
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Amazing how small the world of TB breeding has become, thanks Ticino
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Wisdom has been chasing me but I've always outrun it!
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Majestic
Champion Joined: 23 Mar 2013 Location: NSW Status: Offline Points: 1303 |
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JMO shoulder set weak. I wouldn't discount on physical appearance. Yearling prep has a lot to do with that and may not have had the ideal prep. Also X-rays and scope may not have been ideal.
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djebel
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The battle for ZoustarAndrew Eddy@fastisheddy 2:55pm A good horse. Every owner and every trainer wants one, but it is every new stallion that must have one. This season, Sunlight proved that good horse for her first-season sire Zoustar by winning more than $2.1 million in stakes across three states and displaying the type of brilliance that was the trademark of her father during his rather spectacular time on the turf. Sunlight turned heads as a yearling when commanding a $300,000 price tag but it was her arrival as a juvenile sprinting star that confirmed Zoustar as a big-business stallion. His crowning in a few months as first-season champion stallion will also facilitate a shot at the mother lode - an elite position as a dual hemisphere sire. At his first four seasons at stud, Zoustar served an average of more than 170 mares at a fee of $44,000. Sunlight's blinding zip has forced that to $55,000 - or $60,500 with GST - next spring as breeders clamber for some of that early dash. Zoustar will command that fee at Widden Stud in the NSW Hunter Valley, some 1000 kilometres from where he stood last season at Victoria's Woodside Park Stud near Woodend. This rare collaborative relationship - which saw Zoustar stand at each stud on alternate years - was hailed as a fresh approach to breeding in this country, but one that, four years down the track, has soured immeasurably. So much so that Widden and Woodside will this week in Melbourne face-off in court and will do so again in June on another matter. The common centrepiece in both cases is Zoustar. At just seven years of age, all is good in Zoustar's world as he merrily passes on his racetrack talent to future generations. But just outside his world is a looming and long-simmering battle over his ownership and the validity of deals done within deals when he was being shopped as a new and exciting stallion prospect in the spring of 2013. There are millions of dollars involved and, in an upcoming court action brought by the administrators for Bill Vlahos' failed BC3 Thoroughbreds, a dispute over who legally is among the horse's owners. It is understood that BC3 liquidators will claim BC3 had an agreement in 2013 with Widden Stud to buy 50 per cent of Zoustar at a price that would have valued the horse at between $14 and $18m. The battle is a long way from where it all started for the son of Northern Meteor. Zoustar was sold by Magic Millions twice as a young horse. He was bred by Kevin Dixon's Racetree outside Beaudesert in Queensland and sold to KP Thorougbreds for $85,000 at the 2011 National Weanling Sale. He was then prepared by Chloe Latif and Rhys Smith for their Kulani Park draft and sold to noted horse buyer and syndicator Sheriff Iskander for $140,000 at the 2012 Magic Millions Yearling Sale. Iskander enjoyed a high profile in racing circles at the time but has largely been missing from the Australian racing landscape after his dealings involving Zoustar throughout 2012 and 2013. What should have been a triumphant period for a syndicator was in fact a daily strain as he juggled doing business with studs with the demands of the colt's other shareholders - some of whom were keen and, in some quarters, desperate to cash-in immediately an offer was made. Iskander wound up with Zoustar after he was initially overlooked at the 2012 Magic Millions Yearling sale. He spent $140,000 after being taken by his strength and demeanour. Within two years, the colt's value as a racing and breeding prospect had ballooned to close to $20m. Zoustar announced himself on racing's big stage in the early spring of 2013. He seemingly dropped from nowhere to run away with the group 1 Golden Rose at Rosehill in September and then was sent out a hot favourite in the Coolmore Stud Stakes at Flemington. He won decisively and his future as a stallion was secured. But just who had secured him is a question not yet answered. The Golden Rose win came just two months after Zoustar's sire Northern Meteor's sudden death from colic at Widden Stud. Northern Meteor, a son of Encosta De Lago, was viewed by many in the industry as a future dominant figure and his death as a seven-year-old came as a massive blow to his owners at Widden. It was obvious that Widden would be one of the suitors for Northern Meteor's best-performed son and Iskander opened up dialogue with Widden and also with Victorian-based Woodside Park for the right to stand Zoustar post his racing days. Thus began a bidding duel which Iskander was hopeful would drive the sale price up to unprecedented areas for a non-Golden Slipper Stakes winner. But suddenly, the bidding stopped. Iskander knew that Widden and Woodside were talking and instead of driving up the price by trying to outbid each other, they were joining forces. The offers were getting smaller rather than bigger and some of Zoustar's owners were getting itchy for a deal to be done. The final offer came in at $14m plus a further $4m if he was to win the Coolmore Stud Stakes at Flemington on the opening day of the VRC Spring Carnival. For Iskander, it was a business deal and he had been in the financial business for too long to dwell unnecessarily over such matters. He was trying to get the best price for the syndicators and the studs were trying to snare the colt for as little as they could. But such was the pressure at the time of that year's Coolmore Stud Stakes, Iskander collapsed in the Flemington mounting yard when Zoustar raced clear to post a second Group 1 win. Dealings in the weeks leading up to the stallion-making race had taken a toll. Many of those to take up shares in Zoustar when initially syndicated following his purchase were 'five per-centers' and some of those were keen to grab some of the big figures suggested for the horse. Widden Stud appeared as the sole buyer of Zoustar but it is understood the stud had an agreement with Woodside that they would equally share in the horse. A part of the deal was the condition he would stand alternate years at Widden and Woodside for the first four seasons. As soon as the studs had come to a deal - they both wanted a minimum 25 per cent of the horse each - new owners were sought. Suddenly, the very active (at the time) BC3 Thoroughbreds appeared on the scene with an alleged $9m-plus commitment to buy half of the colt. It will be alleged that an agreement followed but not before a new buyer was entering the scene. Sheikh Fahad Al Thani's Qatar Bloodstock initially asked for a 50 per cent share of Zoustar with Widden and Woodside content with 25 per cent each. Ultimately, Qatar ended up with 33 per cent but it will be alleged that it was not at the $18m the horse had been valued at just weeks earlier. The new value was an estimated $26m and Woodside claim that Qatar paid at that rate for 33 per cent, meaning Widden was left with a sizeable 'upside' on the deal. The court hearing this week is one of two cases involving Zoustar with the second looming as a battle of the states. In June, Woodside take Widden to court to rule over whether the initial agreement to stand the horse in alternate seasons can be continued beyond this spring given the stallion's enormous popularity with Victorian breeders. |
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reductio ad absurdum
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djebel
Premium Joined: 07 Mar 2007 Status: Offline Points: 53960 |
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I suspect this guy could be a super stallion.
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reductio ad absurdum
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djebel
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reductio ad absurdum
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Speediskey
Champion Joined: 19 Feb 2014 Status: Offline Points: 4116 |
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Obviously he is going extremely well, I bet they regret the small upgrade in fee after the last month he's had. Could serve a full book at 80.
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MichaelM
Champion Joined: 16 Feb 2012 Status: Offline Points: 1758 |
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Nah they're probably just thankful they could raise it at all, considering most stallion's fees drop significantly once they start to have runners.
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acacia alba
Champion Joined: 31 Oct 2010 Location: Hunter Valley Status: Offline Points: 41479 |
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He is to shuttle to the UK, to Tween Hills, for 20 thousand euro and his book will be carefully kept to a limit, so he isnt worked to a nub. Which I find refreshing , to see a stallion looked after and not screwed into the ground.
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animals before people.
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goldey
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Fair effort today in the Coolmore .
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Prince of Penzance
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TRIFECTA for him
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furious
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got to agree. Hard for a stallion to go one two but for the best three across the line!
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Prince of Penzance
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and from his first crop, in a race he won.
Outstanding achievement |
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acacia alba
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Quite an amazing achievement as POP says. Widden would be celebrating tonight
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animals before people.
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Gay3
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Widden Stud cuts Zoustar's stud fee for 2020Widden Stud has decided to drop the service fee for flagship stallion Zoustar by $33,000 for the 2020 breeding season. Zoustar has been without a Group I winner this season but the likes of Mizzy, Zoutori and Sisstar have produced Group winners for the sire during the 2019/20 campaign. Widden announced it had decided to drop Zoustar’s stud fee from $154,000 to $121,000 (including GST) for 2020. Nature Strip’s sire Nicconi will stand at $27,500, down from $38,500 last year while Trapeze Artist’s fee has dropped from $88,000 to $77,000 for his second season. Star Witness and Written By will stand for $22,000 while Widden has set Zousain’s fee at $19,800 for his first season. Widden boss Antony Thompson said the stud has reacted to challenging economic circumstances caused by the Covid-19 outbreak when setting fees for the 2020 season. “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. “We are mindful of doing all we can to support breeders and believe Australia is well placed to go forward as we emerge from this crisis. “We are the only nation to have been able to continue a widespread racing program that has allowed our major autumn carnivals to proceed and achieved a world first in being able to trade our premium yearlings at the Inglis Australian Easter Yearling Sale in a virtual online format. “Our stallions are priced this year to put breeders back on track after a very challenging period for all of us.” |
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Wisdom has been chasing me but I've always outrun it!
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djebel
Premium Joined: 07 Mar 2007 Status: Offline Points: 53960 |
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Zoustar is way over priced.
He is not as good as I thought. They have made some money out of this bloke. |
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reductio ad absurdum
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Second Chance
Champion Joined: 02 Dec 2007 Status: Offline Points: 45716 |
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He's done the job so far at stud:
Champion First Year sire 2017/18 Leading 2nd Season sire 2018/19 Leading 3rd season sire 2019/20 However that said they got extremely greedy last year, raising his stud fee from $55k plus GST to $140k plus GST. That after standing for $40k plus GST in his first seasons. So he's now back to $110k plus GST which is still double his fee two years ago and which I agree is a decent ask. |
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