Cheveley Park Stud is the latest stallion operation to announce it has reduced fees for its stallion roster.

The Newmarket operation has five stallions on its books including the outstanding Pivotal, who will stand his 25th covering season at a private fee.

He stands alongside dual Group 1 winner Ulysses, who will be represented by his first crop of two-year-olds in 2021 and will stand for £10,000 next year, down from £15,000 in 2020.

Twilight Son will command a reduced fee of £5,000 (from £7,000) while Mayson, sire of this year’s July Cup winner Oxted, has had his price cut from £5,000 to £4,000. Completing the roster is Dutch Art who remains at a private fee.

The operation also owns Unfortunately who will stand the 2021 season at Springfield House Stud in Ireland at a fee of €4,500.

Chris Richardson, Managing Director of Cheveley Park Stud, said: “In what are undoubtedly unprecedented times, and in light of recent sales returns, we feel a significant reduction in all our stallion fees is fair and necessary in order to help valued clients and breeders alike during this financially turbulent period.

“The roster offers outstanding value and quality, with both Mayson and Twilight Son providing proven options, with the former siring his first Group 1 winner, and latter being a leading British-based first-season sire this year.

“With Ulysses we look forward to the future full of enthusiasm, as his first runners hit the track next year, following impressive results at the yearling sales this autumn. As ever, we invite and encourage breeders to contact us directly to discuss their mating plans for 2021.”