The unbeaten thoroughbred galloper Frankel, the highest rated racehorse in the world, will command a fee of $240,000 for his stallion services at stud.
Frankel was retired last month after accumulating nearly $6 million from 14 victories.
Frankel's fee is well short of a record - the American stallion Storm Cat commanded a $600,000 fee at the peak of his stud career a decade ago.