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
        a sire. 
        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
        colt today. 
        PIC - Quentin
        Lang.  |