Álfur from Selfoss, one of Iceland’s most valuable and sought-after stallions, was sold to Norway this week. Álfur’s value is estimated at approximately ISK 150 million (USD 1.2 million, EUR 950,000) and it garnered some ISK 30 million (USD 238,000, EUR 183,000) for its previous owner annually for fertilizing mares.
The red-and-white skewbald has fathered 417 foals in Iceland and more than 100 are expected. It is the only winner of the Sleipnir Cup—the highest recognition a horse breeder can hope for—that has been exported, Stöð 2 reports. Álfur is the offspring of Orri from Þúfa, one of Iceland’s most famous stallions.
Around 70 horses were exported on Monday and approximately 1,000 have left the country to join foreign owners so far this year. Horse export is picking up again after a temporary low following the horse flu in 2010.
Horse exports delivers about ISK 1 billion (USD 7.9 million, EUR 6.1 million) to the national economy every year.
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