Newgate Buy into Exciting Capitalist colt Profiteer

Media Release - Sunday January 31

Newgate and partners have purchased a majority stake in highly rated two-year-old colt Profiteer from leading Victorian syndicators Roll the Dice Racing.

Trained by Mick Price and Michael Kent Jr, the son of Golden Slipper winner Capitalist won on debut at Flemington in December in explosive fashion in a performance that rated through the sky by many of the industry’s leading form analysts.

Profiteer won easily on debut at Flemington - image Racing Photos.

“We have bought into Profiteer on a very similar deal structure to what we did when we purchased a stake in Extreme Choice prior to his Blue Diamond coup.  Leading form analyst Daniel O'Sullivan, who we work very closely with, was the reason we purchased a stake in Extreme Choice at an early stage and he was very encouraging of us to do the same with Profiteer,” said Newgate's Managing Director Henry Field.


"We are currently in the process of syndicating Profiteer amongst many of the country's leading bloodstock investors with a small amount left to place which we will finalise early this week, ” said Henry Field.

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," commented Roll the Dice Racing's Director Leigh Saville.

"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."

Profiteer will race in this coming Saturday's Inglis Millennium where he is the current odds-on favourite before targeting the Group 1 Blue Diamond or Group 1 Golden Slipper.

He trialled brillianty in Sydney on January 27.

 

Advertisment
More Reading...
$1.3million Snitzel Colt Ready to Fire on Debut for Te Akau
Mark Walker and Sam Bergerson are confident they have the young firepower to make an early impression in the first of the black type features at Pukekohe Park on Saturday.
Wings Of Song Makes Stunning Return
A star of the carnivals in Tasmania and South Australia, Wings Of Song made a triumphant return from a 30-week break to capture Saturday’s Rosemont Stud Pendant (1400m) at Cranbourne.
Better Than Ready's Port Lockroy Triumphs in G1 Railway Stakes
Interstate visitors have a poor winning record in the $1,500,000 Group 1 Swan Draught - Railway Stakes, but Port Lockroy played his part in squaring the ledger when choosing the perfect spot to end a run of bad luck in stakes races.
Yes Yes Yes Filly wins $100,000 Crystal Slipper
The $100,000 WATC Magic Millions Crystal Slipper (1100m) at Ascot on Saturday drew a competitive field of 13 and Yes Yes Yes filly Yes Queen produced a brilliant performance to score a dominant debut victory.
Kiwi Bred Comeback King Globe wins Cranbourne Cup
The super-talented Globe put a troubled 14 months behind him with a powerful all-the-way win in Saturday’s A$500,000 Listed Cranbourne Cup (1600m).
Sires With Winners - Saturday November 23
Here is the full list of 117 stallions which had winners throughout Australasia today with winners and result details.
Gringotts Continues Kiwi Winning Run in $1million The Gong
Kiwi bred Gringotts continued his coming-of-age campaign with a powerhouse front-running performance under 60kg to win Saturday’s Group III A$1 million The Illawarra Mercury Gong (1600m) at Kembla Grange.
Cambridge Stud News
It’s been the spring that keeps giving for Cambridge Stud and it’s not over yet.
Storyville Downs the Colts in G2 WA Guineas
The WA Champion Fillies Stakes heroine Storyville earned a shot at the Group 1 Northerly Stakes after she gave the colts a start and beating in Saturday’s $500,000 Group II White Claw - WA Guineas (1600m) at Ascot.
City of Troy Crowned 2024 Cartier European Horse of the Year
Outstanding Justify colt City of Troy was crowned Horse of the Year at the 2024 Cartier awards on Wednesday night in London at a star studded ceremony at the Dorchester Hotel.