Three Chimneys Adds to Acreage; Buys Big Sink
Updated: Tuesday, October 2, 2001 7:43 AM
By Kristin J. Ingwell
Posted: Tuesday, October 2, 2001 7:43 AM
and Evan I. Hammonds
Robert and Blythe Clay have again added to their Three Chimneys Farm with the recent acquisition of Big Sink Farm, which will house yearlings.
The Clays paid $4.2 million for four tracts of land totaling just over 326 acres. Yoshiki Akazawa purchased the property from Bertram and Diana Firestone for $5 million in 1990. Both farms are located near Midway, Ky. In 1998, Three Chimneys purchased nearby King Ranch's Kentucky division, a 670-acre property.
Akazawa had horses on the property, but has moved them elsewhere. Two famous mares are buried at Big Sink: Fanfreluche, the 1970 Canadian Horse of the Year and 1978 Kentucky Broodmare of the Year, and Optimistic Gal, a winner of six grade I races and the 1976 Kentucky Oaks (gr. II). Both were owned by the Firestones but remained on the farm when Akazawa acquired the property.
In another Bluegrass real estate transaction, Charles Aker, vice president of Graham J. Beck's Gainesway Farm near Lexington since 1989, purchased 58 acres at the property for $1.050 million. Aker said the Beck family wanted him to continue living on the farm, and due to Fayette County zoning regulations, he could not purchase less than 40 acres. Aker's house occupies about one acre, and the remaining land is leased back to Gainesway
FREE! E-Newsletters from The Blood-Horse!...
Follow the top stories of major racing events, racing previews and results with FREE e-newsletters from bloodhorse.com. As news develops, we'll deliver updates to your inbox. Follow important events moment by moment, step by step!