Old Friends, a racehorse retirement farm located near Georgetown, Ky., has opened its first satellite for retired Thoroughbreds. Cabin Creek, a 40-acre farm just outside Saratoga Springs, N.Y., will begin receiving horses immediately. An official opening and celebration is planned for July 22, 2010.

The auxiliary space will be named in honor of trainer Bobby Frankel, who died Nov. 16 after a battle with leukemia. A native New Yorker, Frankel was a long supporter of the Old Friends mission. The farm will formally be known as Old Friends at Cabin Creek: The Bobby Frankel Division.

Owned by Joann and Mark Pepper, Cabin Creek features 12 stalls, two round pens, five finished paddocks, and has undeveloped space available for growth. The first resident, Moonshadow Gold, a 10-year-old New York-bred gelding acquired through the efforts of several equine-welfare advocates, will arrive later this week.

The property will be leased by Old Friends, a non-profit organization, which will continue to control all acquisitions and financials