STADIUM JUMPING AND WELLINGTON EQUESTRIAN PARTNERS FORM PACT AND HORSE SHOWS STAY AT CURRENT LOCATION

Both Stadium Jumping and Wellington Equestrian Partners will act together as one entity with control over the grounds, dates, management and infrastructure of horse shows. Therefore, Stadium Jumping will not move The National Horse Show or Winter Equestrian Festival to 179 acres in the Wellington Preserve when it’s lease on the current site runs out next year but rather stay at the current location for the foreseeable future. Redesigns and improvements have already been done and more will come. Wellington Equestrian Partners recently purchased 150 acres in and around the current site for $135-MM, including the old Palm Beach Polo Stadium and its surrounding grounds. Now the ability to create a facility that matches European venues like Aachen, Germany, the mecca of horse sports, is possible. It is now named the Palm Beach International Equestrian Center. The National Horse Show is scheduled for December 5-9 and the Winter Equestrian Festival from January 30 to March 23^rd, in Wellington.