Shergar quickly'"; another shareholder, Lord Derby, disagreed and said "if ransom money is paid for this horse, then there is a danger of other horses being kidnapped in the years to come – and that simply cannot be tolerated". The first phone call from the thieves was on the night Shergar was stolen; Fitzgerald was not back at Ballymany by that time, and had not had the chance to tell the news of the theft to anyone. The call was to Jeremy Maxwell, a horse trainer based in Northern Ireland. The caller demanded £40,000, although this figure was later raised to
Tersk Stud racetrack for another season. Many others will be sold at the age of three. While race records are important to the Tersk breeding program, Dr. Balakshin stated “…good racing results are not the only criterion for selecting young stock for breeding purposes. Excellent runners which deviate from breed type may be used for limited breeding or else they are eliminated from selection.” Any horse used for breeding at Tersk is required to be rated “Elite” or “Grade I” in the Russian Stud Book. Horses that receive lower grades are sent to other studs or sold. The current stud director is