Frank Stronach's state-of-the-art Adena Springs Farm, located near Paris, Ky., will be sold, according to Dallas real estate firm Icon Global. Stronach purchased the land that makes up the 2,300-acre property in 2005 and built the facility from scratch, opening it in 2007. It is capable of handling over 1,000 horses and Stronach has stood a number of prominent stallions there, including homebreds Awesome Again and Ghostzapper. Although Adena Springs in Kentucky has been Stronach's main breeding hub, he currently retains farms in both Florida and Ontario and has an active racing operation. He has won multiple Eclipse Awards and Sovereign Awards as both breeder and owner.
Stronach and his former The Stronach Group (TSG) have had a long reach in North America for the last few decades with a large portfolio of prominent racetracks, farms, and breeding/racing operations. In 2020, Stronach and his daughter, Belinda, ended a battle for control of TSG that had led to lawsuits. Under the agreement, Belinda got control of TSG's Thoroughbred racing and gaming businesses, while Stronach took over operation of the family's racing and breeding arms. Stronach is 89 years old.
“The Adena Springs contributions, records, awards, and innovations to the Thoroughbred racing industry internationally are incredible and, in some cases, unsurpassed in the annuals of modern racing history,” said Bernard Uechtritz of Icon Global. “This farm is one of the two largest of its kind under one fence in the Lexington Bluegrass.”
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