Wednesday, May 23, 2012

Secretariat's Birthplace is Sold at Auction

Virginia's famous site (the birthplace of the famous racehorse Secretariat) was sold at auction yesterday as part of the liquidation process of the bankrupt Virginia State Fair.  The site, which includes the foaling barn where Secretariat was born in 1970 and a yearling barn, went for $5.35 million and was purchased by Mark Lovell of the Cordova, TN-based Universal Fairs.

The State Fair of Virginia acquired the Meadow Farm property in 2003 for $5.3 million and hosted the annual fair there just north of Richmond, in Doswell, VA.  The fair had been held in Richmond since 1854. The non-profit defaulted on about $80 million in financing from creditors.

(photo above by Coady Photography, from "The Blood Horse")

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