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Spendthrift Farm is a thoroughbred race horse breeding farm and burial site in Lexington, Kentucky, currently owned by Eric & Tammy Gustavson. [1] It was founded by Leslie Combs II and named for the great stallion Spendthrift, who was owned by Combs' ancestor, Daniel Swigert of Elmendorf Farm. Spendthrift was the great-grandfather of Man o' War.
On 7 August 2022 that Cyberknife's breeding rights had been acquired by Spendthrift Farm. Owner Gold commented "I'm excited about teaming with Spendthrift on Cyberknife, and I look forward to watching him have a productive stallion career." [21] In 2023 Cyberknife would stand for a fee of $30,000. [22]
White Abarrio is a gray stallion bred by Spendthrift Farm out of the Into Mischief mare Catching Diamonds. White Abarrio was sold as a yearling at the 2020 OBS Winter Mixed Sale for $7,500 to Jose Ordonez from Summerfield's consignment.
Spendthrift (foaled 1876 in Kentucky – 21 October 1900) was a successful American Thoroughbred racehorse who fathered a large and successful dynasty of racehorses. Breeding [ edit ]
In addition, the track record of a race horse may influence its future value as a breeding animal. Stud fees for stallions that enter breeding can range from $2,500 to $300,000 per mare in the United States, [9] and from £2000 pounds [10] to £75,000 or more in Britain. [11]
Into Mischief was retired to stud at Spendthrift Farm for a fee of $12,500 for the 2009 season. [15] In order to build support, Hughes offered a lifetime breeding right to breeders who completed "stands and nurses" contracts in each of his first two years at stud. Interest in him was moderate, and his stud fee dropped to $7,500 by 2012. [19] [20]
The equine industry in Kentucky is a major part of the state's agribusiness, including sectors involved in horse breeding and rearing, racing, buying and selling, and tourism. According to a study by the University of Kentucky, the equine industry contributed $3 billion to the state economy in 2012 and generated 40,665 jobs. [ 1 ]
Stallions in other disciplines often have stud fees that begin in the range of $1,000 to $3,000, with top contenders who produce champions in certain disciplines able to command as much as $20,000 for one breeding. The lowest stud fees to breed to a grade horse or an animal of low-quality pedigree may only be $100–$200, but there are trade ...