Storied Kentucky horse farm Adena Springs to be sold

The Kentucky-based Adena Springs Farm, once a part of the Stronach Group's internationally renowned breeding and training business, has been put up for sale.

Purchased by Frank Stronach in 2005, the 2,300-acre property was developed into a state-of-the-art facility that opened in 2007 and could house more than 1,000 horses.

The property has also stood, and stands, a number of homebred top-class stallions, including Awesome Again and his son Ghostzapper.

Stronach has been a prominent racing figure in North America over the last few decades, although in recent years the Stronach Group company and family has been rocked by a lawsuit involving Stronach and his daughter Belinda.

Adena Springs will be offered by Dallas real estate firm Icon Global.

Icon Global's Bernard Uechtritz said: "We are delighted to make this early campaign announcement on behalf of our client, the Stronach Group, and are truly honoured and privileged to be able to do so at this year's Fasig-Tipton Night of the Stars November Sale event.

Adena Springs Farm has stood and stands homebred stallions such as Awesome Again and GhostzapperCredit: Icon Global

"The Adena Springs contributions, records, awards, and innovations to the thoroughbred racing industry internationally are incredible and, in some cases, unsurpassed in the annals of modern racing history.

"This farm is one of the two largest of its kind under one fence in the Lexington Bluegrass; the other is the renowned Winstar Farm in Versailles."

He continued: "Although the complex was originally built for thoroughbred breeding operations, its world-class infrastructure is multifaceted, versatile, and can easily convert to any equestrian discipline showplace, a horse park or even a co-op operation with central amenities. The farm is also easily subdivided into several smaller tracts for cohesive or separate ownerships along with private access.

"We will be offering the property in several parcel and custom parcel combinations. The market is very strong right now for all sizes of horse farm property, and even as we now prepare the farm for showings, we have early interest as word has gotten out.

"We will soon be announcing our Kentucky representative team as we progress towards making the farm and data room available for qualified buyer viewing and negotiations."

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