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Newgate Sets Australia-High Fee for Extreme Choice
Henry Field founded Newgate 15 years ago and now it is one of Australia's leading stallion operations with Extreme Choice the farm's ring leader again this year with a service fee increase to AU$385,000 (US$273,831, AU$1=US$0.71), from AU$330,000 in 2025.
Newgate announced its 2026 service fees April 15 with Extreme Choice leading a powerful and diverse roster of 15 stallions standing on 1,700 acres in the Hunter Valley. Extreme Choice needs no introduction to breeders and he's been priced accordingly.
He's expensive, but the returns can be rewarding at places such as Riverside Stables earlier this month when an Extreme Choice colt made AU$3 million to Coolmore and a filly AU$1.8 million to Clinton McDonald. They averaged AU$1.56 million at the Inglis Australian Easter Yearling Sale and AU$822,000 at the Magic Million Gold Coast Yearling Sale.
Newgate's director of stallions Bruce Slade has assured broodmare owners wanting to use Extreme Choice that it's still possible they could be a part of his limited book this year.
"He's striking better than ever and it's a credit to Jim Carey and the team," Slade told ANZ. "He covers one mare a day and, just to be safe, I would suggest breeders have…
Newgate stud invests in star colts ahead of million-dollar pay day
This was published 5 years ago
January 31, 2021 — 4:10pm
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Newgate Farm has taken a different approach to finding its next stallion by buying into two of the most exciting racing prospects in the country, Profiteer and North Pacific, which are likely to start favourites in million-dollar races on Inglis Millennium day at Randwick on Saturday.
Newgate managing director Henry Field finalised the deal to buy a controlling interest in two-year-old colt Profiteer from Roll The Dice syndication on the weekend. Profiteer is the early favourite for the $2million Inglis Millennium.
Newgate Farm has purchased a controlling share in Inglis Millennium favourite Profiteer believing he has group 1 potential. Racing Photos“He was raised on our farm and is a son of Capitalist, and our form expert Daniel O’Sullivan identified him as a two-year-old with a similar profile to Extreme Choice at the same point of his career,” Field said.
“We bought him for about the same price…