Cigar Sold To Irish Group

Allen Paulson has sold 75 percent of his superstar racehorse Cigar to Coolmore Farms of Ireland in a deal valued at about $25 million.

Cigar, who retired after he finished third in the Breeders’ Cup Classic last month, will stand at Ashford Stud, Coolmore’s American division and adjacent to Paulson’s Brookside Farm in Versailles.

The deal, contingent on Cigar passing a veterinary examination, is yet to be signed.