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Historic Hermitage Farm Sold In Kentucky
In the US overnight, Kentucky entrepreneurs & philanthropists Laura Lee Brown & Steve Wilson purchased historic Hermitage Farm from Carl Pollard "who will continue his breeding operation on the property under a leaseback arrangement" reported bloodhorse.com. The purchase price was not disclosed. Brown & Wilson previously purchased 180-acres of unimproved acreage at Hermitage in 1993 & under the latest transaction "are assuming ownership of the remainder of the 700-acres farm". Pollard (chairman of Churchill Downs) has operated the farm for the last 15 years & confirmed he will "continue to do so for at least the term of the lease, which runs through 2013. I'll be 75 when this lease expires, so this arrangement is the perfect way for me to continue to protect the farm & employees & yet free my children of the responsibility of managing such an operation." Pollard purchased Hermitage from the late Warner Jones, who sold a then-world-record yearling for US$13.1 million in 1985; the colt (a half-brother to US Triple Crown winner Seattle Slew) was named Seattle Dancer & became a Gr2-winner. Among the top horses produced by Hermitage were 1953 Gr1 Kentucky Derby winner Dark Star & English classic winner Lomond.