Mehmas tops the charts in Weatherbys 'profitability' index

The book provides a complete analysis of European bloodstock sales in 2022 for all foals, yearlings and older horses in Britain, Ireland, France, Germany and Italy. It also includes foals and yearlings either foaled in Europe or by European-based sires at the major auctions in North America and Japan.

Furthermore, the Bloodstock Sales Review features comprehensive overviews of the trading year for Tattersalls, Goffs, Tattersalls Ireland and Arqana, as well as tables of the leading sires of 2022 by yearling average, lists of the year’s dearest yearlings and foals, and a roll of top historical auction prices.

To mark the publication of the book, Weatherbys have compiled a top ten of the most profitable British and Irish-based yearling sires of last year.

We have worked out each sires’ profitability index by dividing their 2022 yearling average by their covering fee of 2020, when the offspring in question were conceived.

10thStarspangledbanner 2022 yearling ave: 96,625gns/€120,733 2020 covering fee: €22,500 Profitability index: 5.37

Starspangledbanner has long been known as a reliable source of high-class two-year-olds and sprinters but in 2022 he revealed a new aspect to his abilities, with Aristia, Rhea Moon and State Of Rest winning top-level races over ten furlongs and California Spangle becoming a star of the Hong Kong racing scene.

Consequently there was strong competition to buy his yearlings, with 72 lots bred off a fee of €22,500 selling for an average of 96,625gns/€120,733. A high of 600,000gns was bid by Richard Knight for a colt out of Lily Agnes Stakes winner Great Dame.

9thKessaar 2022 yearling ave: 27,214gns/€34,004 2020 covering fee: €6,000 Profitability index: 5.67

Kessaar made a promising start with his first-crop of two-year-olds in 2022, supplying 25 winners at a strike-rate of 45 per cent, including black type-placed Bolt Action and Ipanema Princess.

Buyers evidently liked what they saw, as they spent an average of 27,214gns/€34,004 on the son of Kodiac’s 25 yearlings who sold at auction last year, in spite of them having been conceived at a fee of just €6,000. Pick of the bunch was the three-parts sister to Listed winner Geocentric bought by Durcan Bloodstock for 155,000gns.

8thNew Bay 2022 yearling ave: 70,655gns/€88,284 2020 covering fee: €15,000 Profitability index: 5.89

New Bay showed considerable promise as a sire from the moment his first two-year-olds raced in 2020, and he took his place at the top table last year when Bay Bridge and Bayside Boy notched a memorable Group 1 double for him on QIPCO British Champions Day at Ascot and Saffron Beach added the Prix Rothschild at Deauville to her CV.

The son of Dubawi’s rise through the ranks was reflected at the yearling sales, where he was represented by 60 lots who had been bred off a fee of just €15,000 but changed hands for an average price of 70,655gns/€88,284. Richard Knight bid 475,000gns for the most expensive of all, a half-brother to Group 2-placed The Acropolis.

7thFarhh 2022 yearling ave: 96,768gns/€120,911 2020 covering fee: £12,000 Profitability index: 8.06

Farhh has compiled an impressive progeny record in spite of being subfertile, with 23 black-type performers to his name from his six small crops of racing age. Last season’s Sun Chariot Stakes heroine Fonteyn and Poule d’Essai des Poulains third Tribalist are the latest stars to show him in a good light.

The son of Pivotal had only 12 yearlings offered for sale last year, and due to their scarcity value they all found new homes for an excellent average price of 96,768gns/€120,911, with a high of 400,000gns paid by Kevin Ryan for a half-brother to Listed scorer Guilded. Fine results indeed, seeing as those lots were bred off a fee of £12,000.

6thHavana Grey 2022 yearling ave: 53,196gns/€66,468 2020 covering fee: £6,500 Profitability index: 8.18

Havana Grey took the breeding world by storm last year, with his first crop of two-year-olds yielding 42 winners at a strike-rate of 49 per cent, as well as no fewer than 13 black-type performers, headed by Group 3 scorers Eddie’s Boy, Lady Hollywood and Rumstar.

It was no surprise, then, that the son of Havana Gold’s second crop of yearlings were in such strong demand. Some 88 lots – conceived at an advertised fee of just £6,500 – sold for an average of 53,196gns/€66,468, led by a colt out of the winning Swiss Spirit mare Dotted Swiss bought by Karl and Kelly Burke for 325,000gns.

5thKodi Bear 2022 yearling ave: 39,830gns/€49,768 2020 covering fee: €6,000 Profitability index: 8.29

Kodi Bear has won the respect of breeders by siring 12 black-type performers, including top-class sprinter Go Bears Go, from his first three inexpensively bred crops.

His fourth crop of yearlings, whose cost of conception was still a mere €6,000, sold for an average price of 39,830gns/€49,768 with a high of 210,000gns paid by Kevin Ryan for a full-sister to Group 3-placed filly Scarlet Bear.

4thNight Of Thunder 2022 yearling ave: 179,894gns/€224,778 2020 covering fee: €25,000 Profitability index: 8.99

Night Of Thunder was the first-season sire sensation of 2019, supplying 28 winners at an exceptional clip of 58 per cent and matching Fasliyev’s record of seven stakes scorers in a freshman year. He has maintained a steady flow of classy runners since, and was represented last year by the top sprinter Highfield Princess.

The son of Dubawi’s yearlings of 2022, bred at an increased fee of €25,000 in the afterglow of his debut juveniles running, sold for an average of 179,894gns/€224,778. Stonestreet and Coolmore partnered on the dearest of the 96 lots, an 800,000gns half-sister to stakes winners Ross Castle, Snazzy Jazzy and Ten Year Ticket.

3rdCotai Glory 2022 yearling ave: 36,653gns/€45,797 2020 covering fee: €5,000 Profitability index: 9.16

Cotai Glory made a bold show with his first two-year-old runners in 2021, delivering 35 winners at a strike-rate of 40 per cent, led by Prix Robert Papin scorer Atomic Force. The son of Exceed And Excel impressed again in his sophomore season last year, with The Platinum Queen becoming the first two-year-old to win the Prix de l’Abbaye since Sigy in 1978.

Many of his third crop of yearlings, bred off a fee of just €5,000, returned big profits for breeders, as they made an average price of 36,653gns/€45,797 with a high of 350,000gns given by Blandford Bloodstock for a half-sister to 1,000 Guineas heroine Cachet.

2ndArdad 2022 yearling ave: 62,967gns/€78,677 2020 covering fee: £6,500 Profitability index: 9.69

Ardad is a speedily bred son of Kodiac who won the Windsor Castle Stakes and Flying Childers at two, and he has shown with his first two crops of racing age that he is getting precocious and pacey stock in his own image: think dual Group 1-winning two-year-old and Commonwealth Cup hero Perfect Power and other classy juveniles such as Crispy Cat, Eve Lodge and Vintage Clarets.

He was sent 26 mares in his third season at Overbury Stud, and so was represented by only 14 yearlings at the sales in 2022. That meant, though, that they had considerable rarity value and those who kept the faith in him were rewarded with an average price of 62,967gns/€78,677.

1stMehmas 2022 yearling ave: 70,481gns/€88,066 2020 covering fee: €7,500 Profitability index: 11.74

Mehmas has quickly established himself as the go-to sire for fast, early horses with a touch of class, since obliterating the record for number of first-crop two-year-old winners in 2020, when he clocked 56 in total, including unbeaten Middle Park Stakes hero Supremacy and Gimcrack winner Minzaal.

After Minzaal won the Haydock Sprint Cup last year and the likes of Going Global, Lusail, Malavath and Persian Force also flew the flag for him throughout 2022, his yearlings – the last bred at a low fee before his freshman heroics – sold like hot cakes. He had 72 lots make an average of 70,481gns/€88,066, led by a half-sister to Norfolk Stakes runner-up Walbank knocked down to Richard Knight for 450,000gns.

This is the second year that Mehmas has topped this chart, and it will be fascinating to see if he can maintain his position in 2023 with his fifth crop of yearlings conceived at a justifiably much higher price of €25,000.