By Mint Julep


Spendthrift Farm Owner: One Kentucky Derby Winner

kentucky derby winner 2020 authentic

Key Takeaways

  • Rich History: Spendthrift Farm has a fascinating past that goes way back to the 1960s. Some famous horses like Majestic Prince and Seattle Slew are part of its legacy.
  • Significant Resting Place: The farm is where respected racehorses such as Nashua, Raise A Native, and Majestic Prince have been laid to rest. This adds to its importance in the racing world’s history.
  • Famous Stallions: Right now, Spendthrift Farm is home to top-notch stallions like Authentic, Into Mischief, and Bolt d’Oro, among others. Each of these horses comes with different stud fees based on their family background and racing successes.

Spendthrift Farm History

In the heart of Kentucky’s bluegrass region, Spendthrift Farm shines as a top-notch hub for thoroughbred breeding. Starting small and now iconic, this farm has raised champions who have made a lasting impact on horse racing history. The legacy of Spendthrift is tied to legendary names like Majestic Prince and Seattle Slew, horses that raced their way to greatness through sheer determination.

Spendthrift’s lineage boasts generations of stars lighting up racetracks worldwide. Beholder, Lord Nelson, Court Vision – these aren’t just names but symbols of unmatched skill and athleticism refined at this esteemed establishment. Every hoofbeat tells tales from past glories to future dreams – evidence of the unwavering pursuit of excellence defining Spendthrift Farm.

Visitors can walk through lush paddocks or look out over fields where champions once roamed freely, feeling a deep respect for the rich history ingrained in every blade of grass. Bolt d’Oro’s powerful strides mix with Tamara’s graceful canter – combining strength and elegance that capture the spirit of Spendthrift Farm perfectly. Tradition meets innovation here as fresh chapters are added to an enduring story unfolding across decades – a narrative where aspirations soar on four sturdy legs towards victory under Lexington’s open skies.

Ownership Changes and Bankruptcy

Throughout its history, Spendthrift Farm has changed ownership multiple times. It became a public company in 1983 but faced bankruptcy in 1988. Later on, Terry McBrayer, Curtis C. Green, Henry “Cap” Hershey, and William du Pont III took over the farm.

MetLife purchased Spendthrift Farm in 1993 before Ted Taylor bought it in 1994.

In 2004, B. Wayne Hughes, who founded Public Storage, acquired Spendthrift Farm.

The Pros & Cons of Racing Legacy Success


  1. Gain respect and admiration from fellow racers
  2. Have the chance to secure profitable sponsorship agreements and endorsements
  3. Carry forward a family heritage with pride
  4. Utilize top-notch trainers, facilities, and resources


  1. Feeling the need to match or surpass previous accomplishments
  2. Having little free time because of intense training schedules
  3. Facing the possibility of injuries for both the horse and jockey
  4. Dealing with high hopes from fans, media, and stakeholders

Leading Owner Recognition

In 2020, Spendthrift Farm dominated as the top owner for North American earnings, proving their dominance in horse racing. Their partnership with MyRaceHorse Stable, Madaket Stables, and Starlight Racing led to Authentic’s outstanding performance that secured this prestigious title. This victory wasn’t just about numbers; it showcased their dedication, strategic alliances, and unwavering passion for breeding elite racehorses.

The collaboration between Spendthrift Farm and other key stables highlights the teamwork essential in horse racing—a sport where partnerships can make a significant impact. By combining resources, knowledge, and skills, these groups utilized each other’s strengths to reach new heights in the competitive world of thoroughbred ownership. Such cooperative efforts often result in remarkable outcomes on racetracks worldwide.

This recognition isn’t just a win for Spendthrift Farm—it represents a legacy built on generations of excellence in horsemanship. Established over fifty years ago by Leslie Combs II with an enduring focus on quality breeding practices and nurturing equine talent from birth has distinguished Spendthrift as an institution dedicated not only to winning races but also preserving bloodlines synonymous with greatness in pedigrees.

With numerous achievements earned through hard work and determination under their belt—the team at Spendthrift Farm continues its mission of producing champions who captivate audiences globally while honoring traditions rooted in history yet pushing boundaries towards future successes. The acknowledgment as leading owner validates past efforts and serves as inspiration driving forthcoming victories—an emblematic moment celebrating collective triumphs within an industry known for its ups and downs.

Burial Site Significance

Spendthrift Farm in Lexington, Kentucky is a renowned landmark in the world of horse racing. The farm sits nestled within rolling hills, boasting an acclaimed breeding program and serving as the final resting place for legendary racehorses. Tombstones here mark the victories and challenges faced by champions like Nashua, Raise A Native, Gallant Man, and Majestic Prince.

The peaceful pastures at Spendthrift Farm not only house future champions but also hold stories from days gone by when greatness roamed these grounds. Horses such as Caro and Valdez find eternal peace alongside their former rivals turned companions forever. Visitors walking among these gravesites can’t help but feel deep respect for the rich history that fills this prestigious estate.

For those familiar with thoroughbred racing’s intricate history woven through generations, Spendthrift Farm’s burial site is more than just a collection of headstones; it represents resilience, excellence, and unwavering spirit defining this sport. These final resting places honor careers cut short by time while immortalizing collective memories etched into racing folklore—a reminder that legacy surpasses lifetimes.

By honoring fallen heroes at Spendthrift Farm’s sacred grounds lies an unspoken promise: to preserve legacies beyond mere wins or losses; it’s about embracing courage in competition, grace under pressure and unwavering determination they exemplified. Every hoofbeat echoes through time – reminding us even amidst stillness there exists vibrancy—an essence inspiring all who wander on this consecrated soil long after dusk falls over Bluegrass State.

Elite Equine Enterprises: Leaders in Thoroughbred Racing

Company Type Industry Headquarters Key People Website
Horse breeding stud farm and Thoroughbred horse racing 884 Iron Works Pike, Lexington, Leslie Combs II (founding owner)
Thoroughbred racing stable Kentucky B. Wayne Hughes (owner, 2004–2021)
Eric & Tammy Gustavson (current owner)

Stallion Roster Overview

Spendthrift Farm boasts an impressive lineup of stallions that showcase their dedication to breeding top-quality thoroughbreds. The roster includes famous names like Authentic, Bolt d’Oro, Into Mischief, Omaha Beach, and Vino Rosso, all with their own stories of triumph on the racetrack. These horses range from Kentucky Derby winners to talented racehorses with strong pedigrees, creating a diverse tapestry of racing history.

The stud fees at Spendthrift Farm vary from $20-250,000 per breeding session based on each horse’s bloodline and performance record. Leading the pack is Into Mischief with a stud fee of $250,000 due to his exceptional success both as a racer and sire producing top-notch offspring. On the other end of the spectrum is Vino Rosso offering breeders quality genetics at a more affordable price point starting at $20-000 per mating.

Authentic stands out both for his racing prowess and current role as a sire available for breeding services at Spendthrift Farm for $50-000 per session. Similarly, Bolt d’Oro’s speed and stamina come at a premium cost of $60-000 reflecting his potential impact on future generations in horse racing. These stallions are not just horses; they embody legacies while setting new paths for upcoming champions.

Omaha Beach represents resilience and determination vital in both racing and breeding circles with a stud fee set at $40-000 per session. Each stride tells tales of past victories resonating through generations yet unborn—the carefully selected roster showcases promise and possibility waiting its turn under the spotlight once again amidst thundering hooves across continents far beyond Lexington’s rolling bluegrass hills.

Legal Case – Plaut V. Spendthrift Farm

Plaut v. Spendthrift Farm was a case heard by the United States Supreme Court that stemmed from a lawsuit about securities fraud linked to the farm’s stock offering in 1983. The legal battle shed light on the obstacles faced by Spendthrift over time, revealing the complexities and risks involved in financial transactions within the horse racing industry. It showcased a chapter where legal disputes became intertwined with equestrian pursuits.

Founded back in 1937 by Leslie Combs II, Spendthrift Farm has navigated numerous challenges throughout its long history. From breeding champions like Nashua and Raise a Native to dealing with legal battles such as those seen in Plaut v. Spendthrift Farm, this iconic establishment symbolizes resilience in face of adversity.

Despite facing legal issues similar to those highlighted during Plaut v. Spendthrift Farm, this esteemed Kentucky institution’s legacy lives on through generations. Its story stands as proof not only of victories on the track but also of conflicts fought out in courtrooms – blending turf battles both on grassy ovals and stark judicial arenas that have molded Spendthrift’s narrative into one marked by determination and persistence against all odds.

Legendary tales of a Derby champion’s legacy

  1. The legendary story of a Derby champion’s impact:
  2. Leslie Combs II, the owner of Spendthrift Farm, bred and owned the iconic Kentucky Derby winner Seattle Slew.
  3. In 1977, Seattle Slew made history by winning the Triple Crown without a single defeat, triumphing in the Kentucky Derby, Preakness Stakes, and Belmont Stakes.
  4. Acquiring Spendthrift Farm back in 1939, Leslie Combs II turned it into a prestigious Thoroughbred breeding hub that produced numerous champions.
  5. Seattle Slew didn’t just excel on the racetrack; he also became an incredibly successful sire who passed down his exceptional genes to future generations of racehorses.
  6. The dynamic duo of Seattle Slew’s racing prowess and Spendthrift Farm’s breeding expertise firmly established their legacy in horse racing lore – leaving behind an enduring influence that continues to captivate fans and breeders alike today.

Queen Elizabeth II Visit

Back in 1984, at Spendthrift Farm in Lexington, Kentucky, something amazing happened when Queen Elizabeth II paid a visit. The queen’s presence brought an air of royalty and excitement to the farm known for breeding exceptional racehorses. Walking through the beautiful paddocks and getting up close with champions like Seattle Slew and Affirmed, it was clear that Spendthrift had won over not just racing fans but also people all around the world.

Spendthrift Farm isn’t just famous for its pretty surroundings or long history; it’s also a place that attracts visitors who are serious about finding top-quality horses. When Queen Elizabeth II showed interest in checking out potential studs for her own stable at such a respected farm, it said a lot about how well-regarded Spendthrift is among elite horse racing groups worldwide. That day showcased the farm’s strong legacy—a real-life story of generations working hard to raise top-notch racehorses celebrated for their speed, strength, and grace on the racetrack.

As hooves pounded across lush pastures under sunny Kentucky skies during Her Majesty’s visit to Spendthrift Farm back in ’84, you could really feel how deeply connected this place was to horse racing history. From Triple Crown winners to young colts playing nearby—the whole scene radiated excellence synonymous with pedigree. The queen’s love for horses matched perfectly with what this farm stood for—where passion met skill and old traditions blended smoothly with new ways of doing things.

Beyond admiring champion horses like Seattle Slew and Affirmed lay a deeper link between royalty and racetracks—a shared appreciation for these majestic animals bringing people together from different parts of the world. Spending time exploring Spendthrift’s special grounds alongside industry experts showing off prized stallions fit for royal stables everywhere marked more than just another stop on Her Majesty’s trip—it added another exciting chapter to equestrian history itself—an ode to timeless beauty set against Kentucky blue skies.

Queen Elizabeth II made quite an impression at Spendthrifit Farm—her visit leaving lasting memories among those lucky enough to witness this historic event firsthand amidst whispers of hoofbeats echoing through green fields long after she had left those legendary lands where great horses roamed free under vast open skies bathed in golden light from setting suns—all while realizing they were standing on soil cherished by horse lovers near and far since ancient times—a tapestry woven from tales spun into threads bound together forever within heartstrings tugged gently yet eagerly toward glory calling ever closer…

Triple Crown Connections

Spendthrift Farm has left a lasting impression on the world of horse racing by producing legendary Triple Crown winners like Majestic Prince, who was born on its prestigious grounds. The farm’s legacy is intertwined with iconic races such as the Kentucky Derby and Belmont Stakes, showcasing a strong commitment to breeding champions that excel on some of the most famous tracks in the world.

Seattle Slew, another well-known name in Triple Crown history, proudly called Spendthrift Farm home until 1987. This shining example further solidifies Spendthrift’s reputation as a beacon for excellence within the industry. By nurturing talents like Seattle Slew and helping them shine on racing’s biggest stages, Spendthrift continues to maintain a tradition of creating legendary horses that capture fans’ hearts worldwide.

The deep connection between Spendthrift Farm and Triple Crown victories highlights a profound relationship with equestrian greatness. From developing young prospects to guiding them towards success at renowned races like the Kentucky Derby and Belmont Stakes, Spendthrift’s influence resonates across generations of racing enthusiasts and professionals alike.

Majestic Prince’s journey from being born at Spendthrift Farm to securing wins in prestigious competitions exemplifies the farm’s unwavering dedication to crafting champions. With each stride taken by these exceptional horses on historic racetracks, Spendthrift’s commitment shines brightly—a testament to their ongoing pursuit of excellence within thoroughbred breeding and racing circles.

By celebrating past triumphs with stars like Majestic Prince and Seattle Slew, Spendthift Farm remains an emblematic figure deeply embedded in Triple Crown heritage. The connections linking these champion racehorses underscore not only their individual brilliance but also affirm how crucial locations such as Lexington serve as hubs for equine greatness—a place where dreams are nurtured into reality under wide blue skies filled with promise.

Mark of Distinction Award

Spendthrift Farm, a renowned name in the horse racing world, recently received the prestigious Mark of Distinction award from the Keeneland Association. This honor recognizes Spendthrift’s unwavering commitment and significant contributions to both Keeneland and the broader Thoroughbred industry. Established in 1937 by Leslie Combs II, Spendthrift has always been associated with breeding and racing excellence, shaping numerous champion racehorses over generations.

With a rich history spanning more than eight decades, Spendthrift Farm has consistently maintained high standards of horsemanship and innovation. Stallions like Into Mischief, who is Beholder’s sire, have contributed to their legacy while producing successful offspring on the racetrack. The farm’s dedication to preserving bloodlines that stand the test of time can be seen in each carefully planned mating decision—a combination of artistry and science aimed at creating future stars who steal hearts on race days.

The Mark of Distinction award not only celebrates Spendthrift Farm’s accomplishments but also acknowledges its profound influence on Kentucky’s esteemed equine heritage. Through strategic partnerships within the industry and a strong focus on quality breeding practices, Spendthrift continues to set high standards for Thoroughbred breeding globally. As fans gather annually during sales seasons or major races like the Breeders’ Cup at Keeneland Racecourse, they witness firsthand how this historic farm remains an enduring symbol of success amidst Kentucky’s picturesque landscape.

By honoring Spendthrift Farm with this distinguished accolade, Keeneland not only applauds past achievements but also recognizes ongoing efforts toward advancing horseracing traditions. The impact left by farms like these isn’t just evident in pedigrees—it weaves through vibrant narratives portraying tales of old triumphs alongside new victories; a living story that emphasizes why places such as Lexington are revered as sacred grounds where champions are born from dreams nurtured amid lush green pastures under expansive Kentucky skies.

Legacy Through Successive Owners

Despite changing hands many times since it was founded, Spendthrift Farm has faced challenges like bankruptcy and auctions. Each new owner brought fresh ideas, mixing tradition with innovation to breathe new life into this historic place.

Throughout its history, Spendthrift Farm’s legacy has been shaped by owners who balanced preserving the past with embracing modern ways in horse racing. From breeding techniques to upgrading facilities, each owner added their own touch while honoring the farm’s rich heritage.

During tough times in the horse industry, Spendthrift Farm showed resilience. Owners came and went but one thing stayed consistent: a dedication to excellence on and off the track. This commitment kept Spendthrift leading in thoroughbred breeding for years.

With every ownership change, Spendthrift Farm evolved without forgetting where it came from. The farm became not just a champion-breeding spot but also an icon known for quality within Kentucky’s racing community—a sign that staying true to your roots can lead to lasting success through changes over time.

Starting from uncertain beginnings marked by money problems to now being a major player in horse racing circles; every part of Spendthrift Farm’s story shows how love for these amazing animals goes beyond just business—turning challenges into opportunities during its impressive journey through history.


1. How has Spendthrift Farm’s recent Kentucky Derby victory impacted the farm’s legacy in the racing industry?

Spendthrift Farm’s recent win at the Kentucky Derby has confirmed its reputation as a top-notch breeding and racing business. It shows that they are still great at producing high-quality racehorses that perform exceptionally well in major horse races.

2. What sets Spendthrift Farm apart from other renowned breeding operations in Kentucky?

Spendthrift Farm is a standout in the world of renowned breeding operations in Kentucky. Its rich history dates back to 1937, showcasing a strong dedication to top-notch bloodlines and a track record of producing champion racehorses that have made their mark on thoroughbred racing worldwide.

3. Can you elaborate on the history of Spendthrift Farm and its significance in American horse racing?

Leslie Combs II founded Spendthrift Farm in Lexington, Kentucky back in 1937. It has a rich history as one of the top thoroughbred breeding operations in American horse racing. The farm has bred many champions and made a big impact on the industry with its creative breeding programs and famous stallions.

4. How does Spendthrift Farm’s breeding program contribute to producing top-tier racehorses for prestigious events like the Kentucky Derby?

Spendthrift Farm carefully breeds champion racehorses by using top bloodlines and expert horsemanship. Their program consistently creates fast, strong, and competitive horses that excel in big races like the Kentucky Derby.

5. What role does the proprietor play in shaping the success and direction of Spendthrift Farm?

The owner of Spendthrift Farm plays a key role in guiding the farm’s success and future by making smart breeding choices, managing operations, and maintaining the farm’s reputation for top-notch thoroughbred breeding and racing.

6. In what ways does Spendthrift Farm continue to influence the future of thoroughbred breeding and racing?

Spendthrift Farm keeps its long-lasting influence in thoroughbred breeding and racing by using creative breeding methods, choosing stallions strategically, and dedicating itself to preserving the sport’s history. This ensures that they have a significant impact on the industry’s future for years to come.