03/14/2012 9:46AM

Services for Walter "Buddy" New Friday in Texas

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Funeral services for Walter L. “Buddy” New Jr. are scheduled for Friday in Austin, Tex., at the Weed-Corley-Fish Funeral Home. New, who owned horses for nearly 25 years, died March 8 in La Jolla, Calif., after a long illness. He was 70.

New was a partner in two Kentucky Derby starters, Southern Rhythm (7th in 1994) and Blow Out (7th in 1996), and was the sole owner of Lone Star Sky, 15th in the 2003 Derby. New also campaigned Forty One Carats, a multiple Grade 2 winner whose victories included the Smile, Pegasus, and Indiana Derby.

New raced many of his horses in Texas, where he was a star baseball player at the University of Texas in the early 1960’s and made his primary residence in his later years.

Funeral services are scheduled for Friday in Austin, Tex., at the Weed-Corley-Fish Funeral Home.