Ann Kitchel's 3-year old Oldenburg stallion Statesman sold for a record price of 400,000 euro at the 2008 Vechta October Elite Auction in Germany. The dark bay licensed stallion (by Stedinger x Donnerschwee) finished third at the 2008 Bundeschampionate and was the most desired horse of the auction collection. A syndicate from Luxembourg paid 400,000 euro for him, the highest knock down price ever achieved in Vechta so far.
With their purchase the Luxembourg association LUX-dressage, including Christoph Umbach, Michel Waehnert and Sascha Schulz, broke the record price of 667,000 Deutsch mark (341,000 euro) which Sissy Max-Theurer paid for August der Starke several years ago.
The dream no breeder ever dares to dream was realized for Kitchel of Huntington Farm in Vermont. Statesman is by Stedinger out of the State Premium Mare Weissendra (by Donnerschwee). Kitchel bought Weissendra from breeder Clemens von Merveldt at the Vechta Auction in 2001 and Statesman was born and raised at Von Merveldt's stable in Vechta, Germany. The dark bay stallion finished third at this year's Bundeschampionate under Heiko Klausing. He was also the second stallion to be licensed this year bred by Ann Kitchel.
"Twelve years ago Ann bought a young mare at an auction almost on a whim, and decided to keep her with her breeder, the Graf von Merveldt, to see how breeding horses in Germany would go," the American Oldenburg society wrote, adding, "that mare had a foal 3 years ago that took everyone's breath away. At the incredible young age of 3 years old, this stallion impressed everyone at the Bundeschampionate winning the bronze medal, and then throughout the auction training sessions he just seemed to get better and stronger."
Sixty-nine Oldenburg sport horses were sold at the 2008 Vechta October Elite Auction and they achieved an average price of 35,058 euro.