11/05/2009 12:00AM

Lane's End cuts A.P. Indy's fee by $100,000


LEXINGTON, Ky. - Lane's End Farm has dropped the stud fees for 14 of the sires on its Kentucky roster, including lowering A.P. Indy from $250,000 to $150,000.

In other notable fee cuts, Lane's End has lowered Smart Strike's fee from $125,000 to $75,000 and Curlin's from $75,000 to $60,000. The Versailles, Ky., nursery has added two stallions for the upcoming season: former Hill 'n' Dale Farm stallion Candy Ride, whose fee climbs from $12,500 to $25,000, and former Hurricane Hall sire English Channel, who keeps his 2009 fee of $25,000.

"In an effort to increase market value for all of our clients, we will continue to closely monitor the size of our stallions' books and will remain sensitive to that issue," said Will Farish, owner of Lane's End, said, touching on breeders' concerns about oversupply during a market downturn.

A.P. Indy is the farm's most expensive stallion by advertised stud fee at $150,000; Kingmambo, who also stood last year for $250,000, has a private fee for 2010. The other stallions taking fee cuts next year are After Market, $12,500, down from $25,000; Aragorn and Belong to Me, $7,500, down from $15,000 and $10,000, respectively; City Zip and Pleasant Tap, $10,000, down from $12,500; Langfuhr, $17,500, from $20,000; Lemon Drop Kid, $35,000, from $50,000; Mineshaft, $20,000, from $30,000; Pleasantly Perfect, $10,000, from $15,000; Rock Hard Ten, $25,000, from $30,000; and War Pass, $20,000, from $30,000.

Dixie Union ($35,000), Mingun ($5,000), Stephen Got Even ($7,500), and Wando ($5,000) will keep their 2009 fees.

All Lane's End fees will be payable when the foal stands and nurses, and breeders who pay the stud fee in full by Nov. 1, 2010, will receive a 10-percent discount.