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The racing industry is saddened to learn of yesterday’s passing of Mr George Altomonte, one of the country’s most respected racehorse breeders.

“George Altomonte was an outstanding businessman and great breeder who possessed incredible foresight,” said Racing NSW’s Chief Executive, Mr Peter V’landys AM.

“Among the list of George’s wonderful achievements in racing was breeding two Golden Slipper winners with Sebring and Overreach.

The late Mr George Altomonte

“He was also an astute businessman creating the Alto Group motoring company but more importantly, George was a truly great man, and a thorough gentleman who was extremely well liked in the wider racing community.

“We pass on our sincere condolences to George’s vast family and friends on his passing.”

Mr Altomonte, 89, has been a key breeder for well over four decades after establishing Corumbene Stud near Dunedoo in 1980.

The Stud enjoyed considerable great success from a relatively small band of broodmares.

Two of George’s best galloper were Stakes winners Menari (2017 Group 2-Run to the Rose and Group 3-Rosebud) and Standout (2020 Group 2-Expressway Stakes).

Late last year Mr Altomonte relocated his beloved Corumbene Stud to the Hunter Valley after purchasing a 381-hectare farm.

George’s son Anthony and grandson Tommy have been putting the final touches on the Scone property.

Tommy said: “Horse racing has been such a huge part of our family for so long and it’s not something that you can teach. This will remain in our family for future generations.”

Mr Altomonte was the inaugural President of the MTAA (Motor Traders Association of Australia) and was honoured in 2004 with a Lifetime Achievement Award for his leadership and service to the motor industry.