Shadwell Stud announced Thursday that it will disperse some of its stock following the death in March of its founder, Sheikh Hamdan bin Rashid al-Maktoum.
Shadwell, founded in 1980, released a statement on Thursday saying it is “undertaking a full review of all its activities that will result in important changes for the business.”
“As a result,” the statement said, “its operations in the UK, Ireland and the USA will contract, with a focus on quality and competition at the highest level of the sport.”