Sir Patrick Hogan ended speculation around the 2016 stud fee of sire sensation Tavistock by announcing yesterday he will stand at $65,000 in his seventh season at Cambridge Stud.
That is an increase from $15,000 last breeding season, but the dramatic rise is no surprise to anyone who has been paying even the slightest level of attention.
Cannily, Patrick Hogan waited until after last weekend when former New Zealander Werther, Tavistock's son, won the QE11 Cup in Hong Kong after recently winning the Hong Kong Derby, only the fourth horse to complete the coveted double.
Tavistock's glory was already running off the back of the likes of Volkstok'n'barrell, Tarzino, the remarkable Hasselhoof and Australian Derby winner Tavago.
"It's been a very difficult task to settle on this service fee," said Hogan yesterday. "Mind you, this is only one side of the coin, the other is sorting through the hundreds of service applications and deciding who's in and who is not."