01/05/2010 12:00AM

Ghostzapper fee dropped to $30K

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Adena Springs in Paris, Ky., has revised 2004 Horse of the Year Ghostzapper's stud fee, cutting it to $30,000 for the upcoming breeding season. The farm originally announced that the Awesome Again horse would stand for $50,000.

Stud fees have faced downward pressure in the last 12 months as the bloodstock market and breeding activity have declined. Ghostzapper is entering his fourth year at stud.