Satish Sanan’s Padua Stables in Florida has announced their 2007 stud fees. They are:
- DELAWARE TOWNSHIP — $6,500
- EXCHANGE RATE — $10,000
- PICO CENTRAL — $7,500 (down from $10,000 in 2006)
- PROUD ACCOLADE — $5,000
- SNOW RIDGE — $5,000
You got to give Satish Sanan credit. He poured a ton of money into the industry early on, much of it, by his own admission, based on questionable advice at best. While many before him have left the industry with a sour taste in their mouth, he has persevered and established a very credible stallion operation. Exchange Rate, for example, is off to a great start and commands a $10,000 stud. And, if you calculate the current value of all of his stallions including his holdings in fully booked Kentucky-based Vindication (stud fee $60,000) and Yes It’s True (stud fee $35,000), Sanan may actually ahead of the game, bad advice and all. Go Satish go!