One of Kentucky's foremost thoroughbred breeding operation is selling off it's horses.
Overbrook Farm is one of the great success stories in American sport. Its late owner, William T. Young, first tried to sell a yearling named Storm Cat, retired him from racing at age 4, then gave away stallion shares just to try to create interest among breeders. Storm Cat would go on to become one of the industry's most heralded sires.
Bill Young Jr. tells 27 NEWSFIRST, "My father did everything he could to get offspring from Storm Cat. He gave seasons away, he foal shared, feeling that the key was to get horses out on the ground running. Luckily they started running very well, and the rest is history.
Storm Cat was a once in a lifetime sire."
The 26-year-old legend of the breeding shed will stay where he is until his death, but not so for 3 of the 4 active Overbrook stallions. Only Grindstone, the 1996 Kentucky Derby Winner, will not be sold.
Bill Young Jr. says, "What we would prefer to do is stand him at another farm in Central Kentucky, and then when he stops breeding, to bring him back to Overbrook.
According to Young, there are also no plans to sell off the land for homes to be developed there on Delong Road.
"Our preference would be to lease the property to an ongoing thoroughbred operation. The property is in perfect condition, and I think it would be very attractive to another breeder. Obviously, the farm will be developed at some point in time, but whether that's 10 years from now or 50 years from now, I don't know," Young said.
Bill's son, Chris, will maintain a small racing stable, but about 200 Overbrook horses will pass through the Keeneland sales ring this Fall.
Keeneland President Nick Nicholson says, "It will certainly add an element of specialness and glamor to what is always a leading sale in the world, and the November sale in particular will have brood mares on the market with bloodlines and families that are not usually available.
The Overbrook dispersal will provide one of the melancholy moments that will be thrilling in one aspect but will have an emotional tinge to the other aspects."
Overbrook founder, W.T. Young, died in 2004 at the age of 85.