Shadwell Farm to Sell Two Kentucky Divisions

Shadwell Farm, which has been undergoing a business review of operations in the U.S., as well as in Ireland and the UK, since its founder, His Highness Sheikh Hamdan bin Rashid Al Maktoum, died last March, will sell two farms in Central Kentucky. The properties are the 839-acre Shadayid Stud, located on both sides of Leestown Road, and the 525-acre Erhaab Stud, located on Frankfort/Georgetown Road. Both farms feature fields, paddocks, barns, homes, and more. Shadayid Stud is being offered for $17.75 million, while Erhaab Stud is listed for $12 million.

A release about the “auxiliary farms” and restructuring process said, in part: “Both of these farms were meticulously developed by us, are in pristine condition, and have been impeccably maintained. These farms are separate from the original main division where we will continue to raise Thoroughbreds in the finest tradition.”

Justice Real Estate will represent Shadwell as broker.

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Derby Hero Erhaab Dies at 30

Shadwell's Erhaab (Chief's Crown–Histoire {Fr}, by Riverman), who won the G1 Derby at Epsom in 1994, died peacefully this week at Batsford Stud. The 30-year-old, the oldest surviving winner of the Blue Riband, had spent the past decade at the Gloucestershire stud.

Bred by Sheikh Hamdan's operation in Kentucky, the half-brother to Group 2 winner Oumaldaaya (Nureyev) and stakes winner Hispanolia (Fr) (Kris {GB}) was trained by John Dunlop. In five starts as a juvenile, the dark bay won twice and was also third in the G3 Horris Hill S. at Newbury. He made his sophomore bow with a second in the Listed Feilden S. in April. Successful in the G2 Dante S. next out, he ran out a 1 1/4-length victor in the Derby-both of those wins were under Willie Carson. His final placing was a third in the G1 Eclipse S. at Sandown

A damaged suspensory ligament brought about his retirement later that summer with a record of 11-4-2-2 and $905,450 in prizemoney. He stood in Japan, Kentucky, and Shadwell's Beech House Stud, and was later a jumps stallion at Wood Farm Stud and Batsford Stud. As a stallion, he sired a quartet of listed-placed progeny in England and Japan, while his daughters have produced three black-type winners in Japan.

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Shadwell Stud To Conduct Full Review Of Global Operations

The global racing and breeding enterprise – the vision of His Highness Sheikh Hamdan bin Rashid Al Maktoum, who passed away in March this year – announces that it is undertaking a full review of all its activities that will result in important changes for the business.

As a result, its operations in the U.K., Ireland and the U.S. will contract, with a focus on quality and competition at the highest level of the sport with horses of the calibre of Baaeed and Malathaat.

A number of horses in training and homebred yearlings will be sold this autumn, while its broodmare band will be further reduced through dispersals at key auctions over the coming months.

The family wish to stress that they remain extremely passionate about the sport and through the chairmanship of Sheikha Hissa, herself an accomplished horsewoman, are committed to ensuring that their father's legacy endures for many years to come. They intend to retain a significant number of homebred foals and will continue their global stallion operations.

Chris Kennard, the U.K. director of Shadwell Estate Company Ltd, said: “As part of a long-term plan for Shadwell to operate on a sustainable footing, a recent decision has been made to contract the size of the global business. This will involve the imminent sale of a substantial number of horses – including yearlings, horses in training and breeding stock, and in due course, a reorganization of each of the worldwide operations.”

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Shadwell to Undergo Business Review

Shadwell, which was the international racing and breeding empire of His Highness Sheikh Hamdan bin Rashid Al Maktoum who passed away in March, will undergo a full business review. The company's operations in the UK, Ireland and the USA will contract, with the key focus being on quality and competition at the highest level of the sport with horses of the calibre of Group/Grade 1 winners Baaeed (GB) (Sea The Stars {Ire}) and Malathaat (Curlin). As a result, a number of horses-in-training and homebred yearlings will be sold this autumn, and its broodmare band will be will be further reduced through dispersals in the next few months.

The family of the late sheikh wish to stress that they remain extremely passionate about the sport and through the chairmanship of Sheikha Hissa, are committed to ensuring that their father's legacy endures. Shadwell intends to retain a significant number of homebred foals and will continue its global stallion operations.

Chris Kennard, the UK director of Shadwell Estate Company Ltd, said, “As part of a long-term plan for Shadwell to operate on a sustainable footing, a recent decision has been made to contract the size of the global business. This will involve the imminent sale of a substantial number of horses–including yearlings, horses in training and breeding stock, and in due course, a reorganisation of each of the worldwide operations.”

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