Leading stallion Exceed And Excel tops Darley Australia’s roster after the operation revealed the champion sire will stand at a fee of A$132,000 (£67,573) in 2020.

His progeny have performed with distinction on the track once again this season with the likes of Microphone taking the Group 1 Inglis Sires’ Produce Stakes and Bivouac capturing the Group 1 Newmarket Handicap.

Godolphin Australia’s Managing Director Vin Cox said: “Exceed And Excel’s momentum on the racetrack – and in the sales ring – this season has been enormous. His progeny are winning serious races that add value with the likes of the Group 1 Sires’ Produce, the Group 1 Coolmore Stud Stakes and the Group 1 Newmarket Handicap.”

Exceed And Excel will be joined at Darley’s Kelvinside base in New South Wales by Microphone, who has had his debut fee set at A$38,500 (£19,709).

Kelvinside will also welcome three-time Group 1 winner Too Darn Hot for his first southern hemisphere breeding season and Lord and Lady Lloyd-Webber’s homebred has been introduced to Australian breeders at a fee of A$44,000 (£22,524).

Lonhro will stand at a reduced fee of A$66,000 (£33,788), down from A$77,000, and his sons Exosphere and Impending will stand at A$16,500 (£8,447) and A$19,8000 (£10,136) respectively. Sprinter Harry Angel along with Territories, Holler and Kermadec have all had their fees reduced.

Brazen Beau, who is currently leading second-season sire by stakes winners, will stand at an unchanged fee of A$49,500 (£25,341) at Northwood Park in Victoria and will stand alongside Street Boss, whose fee has been frozen at A$27,500 (£14,078) for the second year in succession.

Cox said: “If you look at proven sires at the same stage in their careers, Brazen Beau has two more than his own sire I Am Invincible and three more than Lonhro.

“Street Boss’s best books are coming through now and we’re seeing that with the likes of Hanseatic and Valaquenta. Trainers, agents and owners have recognised this and paid significant sums for his yearlings.”

Northwood Park will welcome the services of outstanding sprinter Blue Point to their base later this year and the multiple Group 1 winner, who is by the late Shamardal, will command a fee of A$44,000 (£22,524).

Darley unveiled its 2020 stallion fees, designed to acknowledge the challenges the industry is currently facing due to the coronavirus pandemic.

Cox added: “We’ve been supportive in our approach to service fees for 2020 and we hope breeders can appreciate that and take advantage of a roster that has value, variety and quality.

“We have a great bunch of stallions for 2020 and we continue to offer the most generous nomination fee terms in the business. The success of the breeders and buyers who support our stallions is our end goal.”