Shergar in fourth, and the Aga Khan took the decision to retire him to stud in Ireland. After Shergar's Epsom Derby win, the Aga Khan sold 40 shares in the horse, valuing it at £10 million. Retaining six shares, he created an owner's syndicate with the remaining 34 members. Shergar was stolen from the Aga Khan's stud farm by an armed gang on 8 February 1983. Negotiations were conducted with the thieves, but the gang broke off all communication after four days when the syndicate did not accept as true the proof provided that the horse was still alive. In 1999
Woodburn Stud Alexander bred Preakness who would be purchased by Milton H. Sanford and for whom the Preakness Stakes is named. The American Classic Race winners bred by the Alexanders' Woodburn Stud are: Today the Woodburn name is long gone but the horse breeding business was revived in 1972 as Airdrie Stud Inc. which now operates on , much of which is part of the original Woodburn Stud lands. Airdrie Stud, Inc. is owned by former Kentucky Governor Brereton Jones and his wife Libby. Mrs. Jones is a descendant of the Alexander family. In 2000, the Airdrie-bred filly Caressing won the Breeders'