Trainer Mick Price is confident Lankan Rupee can still win Saturday week’s $1 million Lexus Newmarket Handicap (1200m) following the release of the weights on Tuesday, reports Racing Victoria.

The world’s equal-highest-rated sprinter, who resumed with a stunning victory in the$500,000 Black Caviar Lightning (1000m), was allocated the top weight of 58.5kg.

It means the five-year-old will meet the two horses that finished ahead of him in the $1 million Darley Sprint Classic (1200m) in November - Terravista and Chautauqua - 2kg and 3kg worse off respectively.

Though he was happy with the weight, Price said Black Caviar Lightning runner-upBrazen Beau, who will meet Lankan Rupee 3.5kg better off for a 2.8-length defeat, was a serious threat with just 52kg.

“58.5 is more or less what I expected on a 50kg minimum and I think he deserves that weight,” Price said.

“I’m not making excuses saying the weight is going to stop him, it gives the lightweights a chance to tackle him and that’s what handicaps are all about.

“I think as a Group 1 winner Brazen Beau is very well weighted in the race based on his run in the Lightning, his win in the Coolmore and the fact there’s still in improvement left in him.“I also think that given Chautauqua and Terravista have beaten him at weight for age so it’s difficult to make a case based on the Darley Classic that they are poorly weighted against him.”

Price said even though the son of Redoute’s Choice meets Chautauqua and Terravista worse at the weights for his Darley Classic defeat, he was far from conceding defeat.

“I think the difference in managing the sectionals with him might be the difference in winning and losing,” he said.

“Whilst we may have Chautauqua and Terravista sitting off us, it’s a different race to the Darley Classic where we were disadvantaged by Buffering and were left a sitting shot.”

Price said Lankan Rupee had come through his first-up win well and that his work on the course proper at Caulfield on Tuesday had impressed regular track work rider Dale Smith.

“Dale Smith said he was humming,” he said.  “My regular work rider Lachlan, who rides the horse every day, said ‘they’re going to need wings (to beat him) boss’.”

Lankan Rupee is currently rated the $3.50 second favourite in the Newmarket Handicap with TAB, which has Chautauqua the $3.20 favourite and both Brazen Beau and Terravista at $6.