Racetree sells Innisplain stud

Racetree managing director Kevin Dixon has announced its Innisplain based property will be sold.  He will develop new arrangements with other stud operators in Queensland and the Hunter Valley.

“After eight years of developing the farm, my other activities and interests don’t allow the time necessary to take the farm to the next level,” Dixon said in press release.  “I have already established ongoing business in the Hunter with Henry Field at Newgate Farm.”

Under this new plan, Racetree will maintain its interests in its current stallions, as well as retain select breeding stock which will be divided between Queensland and the Hunter Valley.  The Innisplain property will be offered for sale by Tender.

Dixon will seek expressions of interest from the other Queensland studs should the property’s purchaser not wish to enter ongoing business arrangements regarding Racetree’s Queensland based stallions, mares and their offspring.

Racetree’s roster comprises Greenwood Lake (Meadowlake), Hotel Grand (Grand Lodge) and Monashee Mountain (Danzig).

There will be a reduction of some breeding stock at the Magic Millions National Sale in June but the of Dixon’s racing interests will be unaffected by the changes.

Dixon is chairman of Brisbane Racing Club and the club is currently involved in a bitter fight with Queensland Racing over on-going funding issues for the industry.