Nothing to Lose purchased by Australian interests

Grade 1 winner NOTHING TO LOSE (Sky Classic) has been purchased by Walter Alteri's

Newlands

Thoroughbreds in Australia from Ken and Sarah Ramsey and will begin his stud

career when the

Southern Hemisphere season opens in August.

The six-year-old bay won the Palm

Beach S. (G3) and

the Tropical Park Derby (G3) at three, then added victories in the Shadwell

Turf Mile (G1) and

Fourstardave H. (G2) at four. He had not raced since finishing sixth in the Citation H.

(G1) in November

of 2004.

Nothing to Lose retired with a record of 15-6-3-1 and earnings of $809,210.

"With the ridiculous

prices being paid of late for stallion prospects that haven't won at Grade 1

level, I think we have done very well to obtain a horse of this caliber," Alteri

said. "He is also 16.2

hands high, was a

two-year-old winner and had such a powerful turn of foot, we believe he is a

great choice for

mares in Australia."

A stud fee has not yet been announced.