French breeders

Champion sprinter Muhaarar (GB) (Oasis Dream {GB}), who has moved to Haras du Petit Tellier for the 2024 breeding season, will stand for €14,000, co-owner Haras des Capucines announced on X. Now owned by Shadwell and a consortium of French breeders including Haras des Capucines, and Haras de Saint-Pair, the bay is managed by Capucines Bloodstock, with Eric Puerari taking point. The 11-year-old's year was highlighted by the victory of his son Marhaba Ya Sanafi (Ire) in the G1 Poule d'Essai des Poulains. That runner would go on to place...

The rate of Value Added Tax (VAT) for Thoroughbred breeding in France has been reduced from 10% to 5.5%, according to a report by Jour de Galop on Tuesday. Furthermore, the tax reduction will be applied retrospectively to Jan. 1, 2023. Loic Malivet, president of the Federation des Eleveurs du Galop (French TBA), said, "This rate of 5.5% is very important because it puts racing back in the agricultural sector, and that's only fair. I thank the minister of Agriculture and the Director of the Horse."