Home › Forums › Horse Racing › Makfi sold for £12 million?!
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September 9, 2010 at 19:54 #16174
Oh dear,the London Evening Standard Business pages report that the Qatari Al Thani (as in Harrods etc)have bought Makfi for a rumoured £12 million.
Shame on whoever saw them coming because surely by any reckoning he’s surely not worth anything near that…. is he?
I hope I am wrong but they look to have been seriously badly advised regardless of how much money they’ve got.
Bad business all round.
September 9, 2010 at 20:11 #316752Well sold at that price.
September 9, 2010 at 20:16 #316755Hmmm
12 Million is a expensive purchase but its all has to be put in perspective.
Makfi is a Top Class Miler from the First Crop of the Worlds most exciting young sire. Hmmm….i seen plenty worse buys
September 9, 2010 at 20:28 #316760AnonymousInactive- Total Posts 17716
Expensive yes, but he’s won the Guineas and beat Goldikova and Paco in the Jacques La Marois. If he stays in training he could be clearing up everywhere and will make his money back easy either way.
£11,974,000 profit. Not bad for less than a year!
September 9, 2010 at 20:34 #316764Could take a few years and a lot of mares to recoup that sort of money, even if he wins a big race at the Breeders’ or Dubai meetings.
September 9, 2010 at 20:39 #316767He command 30k for his first season and say cover..120 mares earning around 3.5 Million.
Say he covers maybe 15 season at a average of 30k makes around 54 Million for a average career at stud.
September 9, 2010 at 20:44 #316771120 first year is a big book especially at that price. If he has no decent 2/3 year olds, he won’t keep commanding those numbers, if he lives that long as well, and his fertility lasts. Lot of variables.
September 9, 2010 at 20:49 #316774Lots of variables but for a 2000 Guineas Winner and Beating Goldi in France he be in Huge Demand for first few season’s no matter if those Babies can even run
September 9, 2010 at 21:04 #316782AnonymousInactive- Total Posts 17716
Won’t race again at that pricetag for sure, has all the form in the book so why risk it?.
September 9, 2010 at 21:09 #316783Oh it think he will Mr Wilson.
Nothing to lose now IMO. Deal stuck and 2 Group 1’s either side of the channel. Now the pressure is off. Time to enjoy this beast for the new owners me thinks
September 9, 2010 at 21:21 #316791One consequence of the Mafki and Music Show debacles are that Darley are now completely paranoid and are consigning hardly anything this year. Bit of a daft response really.
September 10, 2010 at 06:23 #316835Darley bringing the cliche to life – shutting the stable door after Makfi has bolted!
Interesting to consider whether Makfi would have been as successful if he’d remained with Tregoning anyway. The stable has hardly been firing this summer and it’s hard to imagine that Makfi would have been prepared for the Guineas – not exactly his style to rush a 3-y-old from AW maiden to classic status over the winter.
At a guess, he would have won his maiden mid summer and would now be a dark horse for the Cambridgeshire.
AP
September 10, 2010 at 07:16 #316838AnonymousInactive- Total Posts 17716
Yikes 12M !!!!
If he hadn’t gone it would be very much a case of 2 fools. The one who ofered the money and the one who didn’t take it.
It’s kinda like sticking a more realistic price of 4 million on a 2/1 shot and hope he wins.
To justify that price he’s going to have to beat Goldikova and Rip Van Winkle in the Breeders mile or something like that.
If he does then they have bought well but that is one big gamble to be taking but for them it’s probably spare change.
September 10, 2010 at 11:56 #316878AnonymousInactive- Total Posts 17716
I’ve seen hundreds of deals worse than this one. Some folks seem to have a poor grip on commercial reality. What do you all expect the best bred of top 3yo milers to go for?
There’s been no rush from major commercial studs for the likes of Dick Turpin and Canford Cliffs. You couldn’t sell either pedigree at a decent pricetag and both have little commercial appeal to breeders downunder for the shuttle season.
Makfi by the best son of Dubai Millennium from a female family choc full of top class horses is an easy sell. The purchase certainly makes long term commercial sense. He can easily serve 200 mares a year in the first three seasons at stud at an average of 25,000 Euros. €15 million returned in three years minus expenses. The sky’s the limit after that. With decent levels of success the horse could be standing at 60K+ in a couple of seasons.
The way some of you react to top end bloodstock deals you’d never run a viable commercial stud because you’d never have a quality stallion to stand. If you want the best you have to pay. That’s reality.
September 10, 2010 at 16:14 #316938There’s been no rush from major commercial studs for the likes of Dick Turpin and Canford Cliffs.
Coolmore have reached agrrement for CC to stand in Tipperary from 2012.
He races on next season.
Will be fascinating how he does at stud. He is relatively unfashionable , being bought at auction for 50000 euros. He is a son of Tagula (that sire’s only G1 winner I believe) out of an unraced mare.
October 5, 2010 at 14:58 #321032AnonymousInactive- Total Posts 17716
I knew he would be retired was written all over it.
MAKFI, the only horse to finish ahead of Goldikova this season when a hugely impressive winner of the Prix Jacques le Marois, will not be seen on a racecourse again after being retired.
The 2,000 Guineas winner, trained by Mikel Delzangles, will not take up possible engagements in either the Champion Stakes or the Breeders’ Cup Mile.
Makfi will stand at Tweenhills Stud in Gloucestershire with a covering fee of £25,000.
David Redvers, owner of Tweenhills, said of the Dubawi colt: "His owners wanted to see him race again, but he has been on the go non-stop for more than a year, and it’s been a long season competing in top-class races. He had his first race this year in April before he won the Guineas.
"He now has a dose of ringworm, and while it will clear up quickly there is no guarantee he will be 100 per cent for his next race. At that level you have to be at the top of your game.
"The form of his Prix Jacques Le Marois victory, when he beat Goldikova and Paco Boy, was brilliantly upheld in the Qatar Prix de la Foret on Sunday. On balance this was the right time to retire him – he will arrive at Tweenhills Stud in November."
Redvers added: "We have been besieged with applications by mare owners who want to use him next year, and it is likely his book will be closed by the final day of the December Sales [December 3]."
Owner Mathieu Offenstadt said: "He’s been the horse of a lifetime – a dream come true. He had everything a champion needs, including pedigree, a turn of foot and personality. Now I want to find him a wonderful mare, well-bred and beautiful, so I can breed my own Makfi’s and continue the story."
Trainer Delzangles added: "Being involved with Makfi has been a great pleasure, and wonderful for a young trainer. He was very easy for a jockey in races, because he could go any pace, and he has everything a horse needs to be a top stallion.
"He has a fine physique, good temperament, a great pedigree and he was a top-class racehorse. It will be sad to say goodbye to him, but he has an exciting future."
October 5, 2010 at 18:57 #321062I’d be dubious that Makfi would fill a book of 200 at 25,000 a pop.
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