Shadwell to Undergo Business Review

[Wandering Eyes]

Shadwell, which was the international racing and breeding empire of His Highness Sheikh Hamdan bin Rashid Al Maktoum who passed away in March, will undergo a full business review. The company's operations in the UK, Ireland and the USA will contract, with the key focus being on quality and competition at the highest level of the sport with horses of the calibre of Group/Grade 1 winners Baaeed (GB) (Sea The Stars {Ire}) and Malathaat (Curlin). As a result, a number of horses-in-training and homebred yearlings will be sold this autumn, and its broodmare band will be will be further reduced through dispersals in the next few months.

The family of the late sheikh wish to stress that they remain extremely passionate about the sport and through the chairmanship of Sheikha Hissa, are committed to ensuring that their father's legacy endures. Shadwell intends to retain a significant number of homebred foals and will continue its global stallion operations.

Chris Kennard, the UK director of Shadwell Estate Company Ltd, said, “As part of a long-term plan for Shadwell to operate on a sustainable footing, a recent decision has been made to contract the size of the global business. This will involve the imminent sale of a substantial number of horses–including yearlings, horses in training and breeding stock, and in due course, a reorganisation of each of the worldwide operations.”

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