Spendthrift Australia Pays Respects to Founder

Following the overnight passing of its founder and principal in the United States, the Garry Cuddy-managed Spendthrift Australia has released a statement, which follows: “It is with a heavy heart we report that our founder, B. Wayne Hughes has died peacefully in his home today at Spendthrift Farm, Kentucky, at the age of 87. A longtime horse racing visionary and leader, Hughes had been one of the sport’s most influential figures of the 21st century, with wide-ranging contributions that will forever impact Thoroughbred breeding and racing.He purchased Spendthrift Farm in 2004, quickly restoring the historic brand. Operating under a motto ‘Breeders are the backbone of our industry’, he implemented the revolutionary Share The Upside and Breed Secure programs. In early 2015, Hughes travelled to Australia and purchased a 600-acre property in Victoria’s Macedon Ranges. The property, Spendthrift Australia, became the home of Spendthrift’s first, and only international base, and operates with the same ‘Breeders’ Farm’ philosophy. Hughes will be sorely missed by all who knew him but his legacy lives on. May he Rest In Peace." Read more on his wonderful life here.

Hughes purchased a property in the Macedon ranges (pic: spendthrift.com.au)