Renowned Adena Springs Farm to be offered for sale at $55 million
Property built in 2007 and has stood top-class stallions such as Awesome Again
The internationally renowned Adena Springs Farm, once part of the Stronach Group's breeding and training empire but now for sale, has been priced up at $55 million.
Based between Lexington and Paris in Kentucky, the famous 2,300-acre farm opened in 2007 and can house more than 1,000 horses.
The property, which has 20 barns and 250-plus stables, stands - and has stood - homebred top-class stallions, including Awesome Again and his son Ghostzapper, and Mucho Macho Man.
The estate is being sold against the backdrop of the Stronach Group company and family being embroiled in an ongoing lawsuit which involves Frank Stronach and his daughter Belinda.
Bernard Uechtritz of Icon Global, which produces marketing and sales campaigns for high-end properties, said: "Although Frank Stronach no longer retains any ownership interest in the farm, the well-earned reputation, and imprints of the Stronach legacy, is reflected throughout Adena Springs Farm in design, materials and construction, as well as in the attention to detail regarding efficiencies of essential farm operation and management.
"Interest in the property has been consistent and global in nature since our initial announcement for a variety of end users. We have canvassed the spectrum of equestrian industry disciplines since announcing the intent to sell and as a result we are engaged in various discussions with prospects regarding new ownership.
"However, my mandate is to first explore and exhaust all interest and opportunities from global racing entities and identities in selecting the next steward."
Icon Global has appointed luxury experts Mr Bill Justice and Miss Bill Bell of Lexington's Justice Real Estate as sales representatives.
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