Monarchos will stand at Claiborne for $25,000

LEXINGTON, Ky. - Claiborne Farm and John Oxley have completed a deal to stand 2001 Kentucky Derby winner Monarchos at the famed Paris, Ky., stud farm for a $25,000 fee, according to a report in the Louisville Courier-Journal.

A representative for Oxley, who owns the Maria's Mon colt with his wife Debby, had said Friday that the Oxleys were not planning to make an announcement regarding Monarchos's plans until Monday. But according to the report published Saturday, Claiborne president Seth Hancock confirmed that the colt would stand for $25,000 in 2002, with Oxley retaining a 50 percent interest in the horse and syndicating the rest.

Neither Hancock nor Oxley could be reached Saturday for comment regarding the report.

Monarchos, bred in Kentucky by Jim Squires, is out of the Dixieland Band mare Regal Band. Now 4, Monarchos won 4 of 10 starts, including the Kentucky Derby and the Grade 1 Florida Derby. Trained by John Ward, Monarchos retired on Jan. 28 due to an injury to his left front ankle. He ended his career with a record of 10-4-1-3 and career earnings of $1,720,830.