Talented colt Prince Hareem has been purchased by overseas interests.
The sale of the Iffraaj three-year-old has been confirmed by Cambridge trainer Stephen Marsh, who was also involved in the ownership of the horse.
"It's very hard to win the sort of money that was on offer," he said. "He's an extremely talented horse and he's still very much untapped."
A half-brother to the Group Three winner Valpolicella, Prince Hareem finished runner-up in his first two appearances before he won consecutive races at Hawke's Bay and at Te Rapa.
"He's been vetted and he's in quarantine for Hong Kong where he'll be trained by John Moore," Marsh said.
The deal was brokered by Greg Zarra, of the Australasian Bloodstock Agency.
A $70,000 Karaka purchase in 2015, Prince Hareem was raced by Lincoln Farms, Dennis James, Ian Middleton and Marsh.