Shergar in fourth, and the Aga Khan took the decision to retire him to stud in Ireland. After Shergar's Epsom Derby win, the Aga Khan sold 40 shares in the horse, valuing it at £10 million. Retaining six shares, he created an owner's syndicate with the remaining 34 members. Shergar was stolen from the Aga Khan's stud farm by an armed gang on 8 February 1983. Negotiations were conducted with the thieves, but the gang broke off all communication after four days when the syndicate did not accept as true the proof provided that the horse was still alive. In 1999
Stud (animal) an establishment for selective breeding using stud animals. This results in artificial selection. A stud fee is a price paid by the owner of a female animal, such as a horse or a dog, to the owner of a male animal for the right to breed to it. Service fees can range from a small amount for a local male animal of unknown breeding to several hundred thousand dollars for the right to breed a champion Thoroughbred race horse such as Storm Cat, who has earned stud fees of up to $500,000 USD. Many owners of high-quality stallions also offer