Rajasinghe the subject of new incentive at the National Stud

Phil Cunningham's Rebel Racing team have expressed their confidence in Rajasinghe's future as a stallion, introducing a new scheme to encourage commercial breeders to support him in his first year at the National Stud.

"It's very clear that these are challenging times for both breeders and stallion owners," said Cunningham. "The market is very unforgiving and in order for a commercially priced stallion such as Rajasinghe to succeed, breeders need to be able to breed with confidence.

"The risk of failing to meet production costs is a very frightening prospect to many breeders. This very valid concern is one we completely understand. In light of that we are giving an undertaking to support commercial breeders who send mares to Rajasinghe.

"For those breeding commercially and intending to sell as a foal we will ensure that if the foal fails to realise a price of £15,000, some or all of the £5,000 stud fee is refunded to breeders based on a production cost of £10,000. Similarly for yearling vendors the scheme will refund some or all of the stud fee if a yearling fails to realise £20,000 at the sales, based on a production cost of £15,000.

"This is our way of saying we're all in this together and it clearly demonstrates our confidence in Rajasinghe's future as a stallion."

Cunningham advised interested mare owners to speak to Tim Lane or Joe Callan at the National Stud, or Avenue Bloodstock's Mark McStay.

Rajasinghe, a son of Choisir standing at a £5,000 fee in his first year at stud, broke the two-year-old track record at Ascot when winning the Group 2 Coventry Stakes.

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