Industry News
Strong interest lodged already for lock, stock and barrel Spendthrift Australia deal
Seven separate parties have already expressed their interest in buying Spendthrift Australia’s breeding operation since its US owner made the shock decision to offload the lavish Victorian stud and its breeding stock in a deal they hope can be structured on a walk-in, walk-out basis. Donovan and Co’s Clint Donovan and Magic Millions have been... Read More
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Nominations open for Godolphin Stud and Stable Staff Awards
The nominations for the Godolphin Stud and Stable Staff Awards (GSSSA) were opened yesterday. First established in 2015, the GSSSA is run in partnership with Racing Australia and Thoroughbred Breeders Australia. The aim of the awards night is to show the dedication that the stud and stable staff have for the thoroughbred and to demonstrate... Read More
Portelli calls on prized series for retired thoroughbreds
Golden Slipper (Gr 1, 1200m)-winning trainer Gary Portelli has been inspired to call on Racing NSW to develop an annual competition series for retired thoroughbreds rich in prize-money after his experience as an official judge at the Thoroughbred Spring Fair held at Hawkesbury Showground last weekend. A Royal Show level rider himself growing up, Portelli... Read More
Interest ramps up in Spendthrift Farm as all-encompassing deal sought to sell property and bloodstock
Spendthrift Farm general manager Ned Toffey has told ANZ Bloodstock News that initial conversations have been held over an all-encompassing deal to sell the 600-acre property and large bloodstock portfolio, which includes four colonial stallions on their roster. After last week’s bombshell decision from the US operation to leave the Australian industry after five years... Read More
Spendthrift Farm to end Australian operation
Leading US-based stud Spendthrift Farm have announced the ‘difficult decision’ to disband its Australian operation in Victoria and sell their 600-acre Romsey property, just over six years after purchasing the stud. The move to withdraw their operations from Australia comes little more than four months since the death of Spendthrift Farm’s founder, B. Wayne Hughes,... Read More
Australia provides incredible value, Aushorse Investors’ Guide shows
Aushorse, the Australian breeding industry’s global marketing arm, believes there is no better place to race a horse in the world than Down Under and the figures don’t lie. The 2022 edition of the annual Aushorse Investors’ Guide, released yesterday, detailed the surging prize-money levels available in Australia and that an additional 73 horses took... Read More