|Newlands Thoroughbreds have paid $800,000 for the
full brother of promising Group One winning three-year-old Viking Ruler, the highest price
on the final day of the New Zealand Premier Yearling Sale at Karaka today.
Walteri Alteri, who owns Newlands with his wife Kathy, indicated the colt
would ultimately be Newlands first stallion, on a property which until now had not housed
Bidding for the colt began at $200,000 and the hammer fell
when Alteri held the bid of $800,000.
The Danehill colt from the Group One winning mare Tristalove
was offered by Sir Patrick Hogan's Cambridge Stud and Hogan was forced to drop his
original reserve which was reported to be $1 million.
Hogan said after the sale he dropped the reserve to $800,000
when he discovered that some of the "big gun buyers" were not there to buy the
PIC - Quentin