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Originally Posted by Danzig
but with coolmore being world wide, and having so much success still overseas, does the loss of potential customers over here level their playing field? just seems you see a lot of articles lately talking about godolphin staggering along, while coolmore continues to win the big ones.
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The way i see it is that Coolmore see the American market as the least of their worries. I wouldn't like to say why, but they have always been more interested in the european market.
Darley and Godolphin are staggering along, you only have to see the stallion stats to notice that. So many Coolmore stallions from around the world in the top half of the list, but only a couple of Darley stallions.
Many mare owners will look at this list first, and the psychological impact it has to see Coolmore have so many stallions in the top bracket is usually enough to sway their decision over many other stud organisations. Why do you constantly see Darley advertising almost everyday of the week all through the year? Because their outside 'sales' are low. Coolmore don't really need to market that much, the stats give them as much free marketing as they need.
Someone was saying it isn't a good ploy for Coolmore to buy yearlings by their stallions?????? Porbably the most absurd argument i have seen. 1. By buying a lot of their stallion's yearlings it shows they trust the stallions they have, they are backing up their own business (which any business in any sector would do). 2. By paying the amount they can for them, the average price for the sire's yearlings goes up each year..... something else that looks very good on them. People don't look who buys these yearlings, they just look at the prices and average prices in recent years. Nothing wrong with it, they are playing the game, as i said, it has seemingly worked thus far and it will continue to work.
Tony Morris, who is the best bloodstock writer in the world described Darley/Godolphin's decision to stop buying offspring by Coolmore's sires as nothing short of "stupid". Sure it might 'hurt' Coolmore a bit, but with the amount of money this industry is worth, it is a tiny percentage. Their stallions do the talking, not their buyers.
Sure, the American stallions aren't the best at the moment, Giant's Causeway has dipped, but as IC just said, once the big sales come around again, there is every chance the prices of his yearlings will rise sharply again. You seem to forget that the stallions in Ireland contain the best stallions in the world and continues to thrive in europe and around the world.
Coolmore can't be doing a lot wrong with how they add an extra chunk onto their lead over Godolphin each year, and it doesn't look like it will stop anytime soon.
Godolphin seem to panic buy, without much success. If they want to close the gap of Coolmore they should concentrate on their own racing and breeding operation..... not other peoples.