Roll the Dice Racing’s owners of Profiteer and Henry Field from Newgate Farm have agreed to sell majority share in a deal that will see the son of Capitalist stand at Newgate Farm when he retires from racing. Profiteer, who is trained by Mick Price and Michael Kent Jnr, has had just one start, an impressive debut win at Flemington over 1100 metres in December, but that and a strong trial performance at Rosehill last Wednesday were enough to convince Newgate to invest in a majority share of the Capitalist colt, with a view to his long-term value of a prospective stallion..
Newgate know the colt very well, having bred and raised him. He is the first foal out of the stakes-placed Athena Lass (Snitzel), the three-quarter sister to Group 3 winner Sweet Redemption and half-sister to Euryale (Lonhro). His third dam is the Group 1 winner Danglissa (Danzero), whose grandson is the 2-year-old stakes winner and now Kingstar Farm stallion Unite And Conquer.
Profiteer was sold by Newgate to Roll The Dice Racing and Rogers Bloodstock at last year’s Inglis Classic Yearling Sale for $165,000 which coincidentally was the exact same price as Capitalist did.
Roll the Dice Racing was delighted to broker a deal with Newgate for Profiteer’s future stud career in a deal structure where both parties can be involved in his future racing career. “We are rapt to be partnering with Newgate in the ownership of Profiteer,” Roll the Dice Racing’s Director Leigh Saville said.
“It’s been a pleasure dealing with Henry Field and the team, and we look forward to growing this relationship. Profiteer was born and raised at Newgate, and it will be great to see him return home to join some of Australia’s best stallions.”
Good luck to all his owners