Calumet Farm
 |
Lucille Parker Wright Markey (owner 1950–1982) (owners 1982–1992) J. T. Lundy, president (1982–1992) owner (1992–2003) (owner 2003–2012) owner 2012–present |
| Honors |
|---|
| Eclipse Award for Outstanding Breeder (1990) |
Calumet Farm is a 762-acre (3.08 km2) Thoroughbred breeding and training farm established in 1924 in Lexington, Kentucky, United States by William Monroe Wright, founding owner of the Calumet Baking Powder Company. Calumet is located in the heart of the Bluegrass, a well-known horse breeding region. Calumet Farm has a record history of Kentucky Derby and Triple Crown winners and 11 horses in the National Museum of Racing and Hall of Fame.
History
Founded in
After Wright died in 1932, his son
A key move was acquiring part ownership in Blenheim, a stallion imported from England, and its foundation sire, Bull Lea.
Calumet Farm has produced ten
Under Warren Wright, Sr. and his wife Lucille Parker Wright ,who inherited the property on his death in 1950, Calumet was the top money-earning farm in racing for 12 years.
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Calumet Farm's winners of the
Eleven of the farm's horses have been inducted into the National Museum of Racing and Hall of Fame.[8]
Other well-known horses include
.In 1969, the Keeneland Association honored Calumet Farm with its
Lucille Wright died in 1982 and according to the terms of her first husband's will, the farm went to the heirs of their only child, Warren Wright, Jr. (1920–1978). John Thomas "J.T." Lundy, who married Lucille "Cindy" Wright, took over as head of operations and president.[4]
Calumet Farm won the 1990 Eclipse Award for Outstanding Breeder. In November of that year, details surrounding the death of 15-year-old Alydar—America's leading sire of the time—and the collection of a $36 million insurance policy—brought a cloud of suspicion over the business. Under Lundy, mismanagement and fraud had left the farm with significant debt that led Calumet Farm to file for bankruptcy protection in 1991 as they were losing $1 million a month.[10] After years of legal proceedings, in 2000, Lundy along with Gary Matthews, the farm's former attorney and chief financial officer, were convicted of fraud and bribery and sent to prison.[11]
In 1992, a trust established by Henryk de Kwiatkowski, a Polish-born Canadian, purchased Calumet Farm, saving it from possible liquidation. Since 1992, the farm has been fully restored to its former beauty.
In 2012, the Calumet Investment Group bought Calumet Farm from the de Kwiatkowski Trust for more than $36 million. Calumet Investment Group in turn leased it to Brad M. Kelley,[12] believed to be a member of the investment group.[13][14] Kelley's horses race under the name of Calumet Farm, but they carry Kelley's black and gold racing colors, as the original "Devil's Red and Blue" silks of Calumet had been sold to a Brazilian investment group.[15] The win of Oxbow in the 2013 Preakness Stakes marked the return of Calumet to the winner's circle of a Triple Crown race for the first time since 1968.[16]
References
- ^ "Our History".
- ^ http://www2.kyeb.uscourts.gov/opin/leeopin/Wright,%20Bertha%2093-5050%201-23-95.html
- ^ William F. Reed (1991-09-02). "The Bluegrass breeding ground of nine Kentucky Derby - 09.02.91 - SI Vault". Sportsillustrated.cnn.com. Retrieved 2013-05-31.
- ^ a b Anne Hagedorn Auerbach. "Wild Ride | Anne Hagedorn Auerbach | Macmillan". Us.macmillan.com. Archived from the original on 2014-01-10. Retrieved 2013-05-31.
- ^ June 27, 1948 Milwaukee Journal article on Calumet Farm[permanent dead link]
- ^ McQueen, Maddie (8 May 2022). "Rich Strike, 10th Kentucky Derby winner bred at Calumet Farm". ABC 36 News. Retrieved 9 May 2022.
- ^ "Champions: America's Greatest Thoroughbreds | Daily Racing Form". Drf.com. 2013-05-20. Retrieved 2013-05-31.
- ^ "National Museum of Racing, Hall of Fame, Thoroughbred Horses". Racingmuseum.org. Retrieved 2013-05-31.
- ^ "Mark of Distinction" (PDF). Keeneland. 2013-03-20. Retrieved 2021-01-06.
- ^ William Nack; Lester Munson (November 16, 1992). "Questions About Alydar". Sports Illustrated. Retrieved January 5, 2013.
- ^ June 2001 Texas Monthly article titled The Killing of Alydar by Skip Hollandsworth
- ^ Patton, Janet (May 3, 2012). "Calumet Farm sold for over $36 million". Lexington Herald-Leader. Retrieved October 27, 2012.
- ^ Clay, John (May 19, 2013). "Calumet's return to racing prominence is a welcome one | Horse Racing". Lexington Herald-Leader. Retrieved 2013-05-31.
- ^ "Lucas and Kelley to bring Calumet Farm back to Oaklawn Park | Kentucky Derby Tickets & Tours". Kentuckyderbytours.com. 2013-02-07. Archived from the original on 2013-06-15. Retrieved 2013-05-31.
- ^ Genaro, Teresa (April 18, 2013). "Can Brad Kelley Bring Calumet Farm Back To The Kentucky Derby Winner's Circle?". Forbes. Retrieved 2013-05-19.
- The Courier-Journal. Retrieved 2013-05-31.
Further reading
- Auerbach, Ann Hagedorn (1994). Wild Ride: The Rise and Tragic Fall of Calumet Farm, Inc., America's Premier Racing Dynasty. New York: ISBN 0-8050-2003-9.
