12:59pm

Fri May 4, 2012
Lexington/Richmond

Historic Farm Sold for Over $36 Million

Historic Calumet Farm has sold for $36 million to $40 million to a new trust, the Calumet Investment Group, which will lease it to Thoroughbred horseman Brad Kelley, whose Optimizer is running in the Kentucky Derby on Saturday. The farm, one of the most storied in Thoroughbred racing and breeding history with eight Kentucky Derby winners and two Triple Crown winners, is located on Lexington's Versailles Road between New Circle Road and Keeneland.