Spendthrift Australia

Spendthrift Farm will discontinue its operations in Australia and put its property there up for sale, it was announced Wednesday. "This has been a very difficult decision for us," said Eric Gustavson, owner of Spendthrift. "We have a wonderful team in Australia and will be working closely with them to help make this as smooth a transition for them as possible. The Thoroughbred industry in Australia is one of the finest in the world, and we have great respect for the job they've done in building it. We've been fortunate...