National Stud reports €1.8m loss as star stallion Invincible Spirit retires

Revenue from top horse was worth 70% of company's entire income eight years ago

Invincible Spirit, who has been retired by the National Stud, was once worth 70% of the company's income.

The Irish National Stud last year recorded pre-tax losses of €1.8m as it continued to count the cost of declining income generated by star horse, Invincible Spirit.

New accounts show that revenues at Irish National Stud DAC last year remained static at €7m. The pre-tax losses of €1.8m last year followed €1.82m pre-tax losses in 2023.