King River

King River (Image: Racing Photos)

River to run up price tag at The Valley

Should King River contest Saturday's Silver Thomas Hanley Plate at The Valley, he will be racing for more than just a share of the $60,000 in prizemoney.

The Bob Peters-owned six-year-old will also be racing to add a few extra dollars to his price tag.

The John Price-trained gelding is the subject of a live auction on gavelhouse.com.

Bidding started at $10,000, but the $200,000-earner can be expected to have fetched much more than that by the time bidding closes at 7pm on Monday.

The son of Haradasun, who is a half-brother to Golden Slipper placegetter Elite Falls, demonstrated his class with a last-start win at Caulfield, but no longer fits the Peters regime.

"Bob's got a lot of youngsters coming through and he is six going on seven and needs a wet track because of his feet," Price said.

"Bob gets 20 or 30 horses each year, which means he's probably got to get rid of 25 or 30 each year.

"That's his system and how he does it, which works, so you certainly don't want to question him."

WATCH: King River's last-start win

Price is well-placed to speak on tried horses from the Peters group, having experienced success in the past.

"He (Peters) had a horse called Local Legend who won on a Saturday and I bought him for $70,000 later that night," Price recalled.

"He won a Group 3 race the following weekend, so we got our money back seven days later."

The Cranbourne trainer will not yet commit to a start in Saturday's 1200m event with the predicted rain in the days leading up to the race required for him to take his place.

He has been kept away from tracks without give in recent months, with his only start since early February his win at Caulfield on April 14, when a mid-meeting downpour had the track rated a Soft 6 by the time of his race.

"He's got to have conditions to suit, otherwise he won't run," Price said.

"Hopefully the rain's about to start. If he gets his conditions, he'll be there and he'll run well."

King River drew barrier three in the 13-horse field, but will start from two if second emergency Zamperini fails to gain a start, and will carry 58.5kg after the claim for Fred Kersley.