The Irish National Stud is under pressure to find a replacement for its prize stallion – the legendary Invincible Spirit. The state-owned stud charges a €120,000 nomination fee for the 22-year-old stallion (the fee paid to get a mare in foal during a single breeding season).
In its most recent annual accounts, chairman Matt Dempsey said the stud had enjoyed strong profitability, which he said was largely attributable to Invincible Spirit. However, Dempsey cautioned that...
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