Pan Sutong bought Lindsay Park from the legendary Hayes horse racing family and renamed the 505ha breeding and training facility Goldin Farms in 2013.

More recently his business Goldin Financial Holdings was listed in the Hong Kong High Court regarding debt repayments, according to The  South China Morning Post, Asian Racing Report and Forbes.

In 2015, Goldin Group also acquired the Lindsay Park neighbouring property Tarrawatta, in Angaston, and this has since become part of Goldin Wines, overseen by winemaker Nick Radford.

Attempts to contact Radford, the Goldin Group in Hong Kong, and Goldin Farms have received no response.

There has been no response to questions about whether the businesses will be affected by reports that the Hong Kong High Court has ruled in favour of creditors, after Pan Sutong-controlled Goldin Financial allegedly failed to repay a substantial loan.

Pan is the founder of Goldin Group with investments in property, wine and horse racing, and his $5 billion net worth in 2015 saw Bloomberg’s Billionaires Index rank him as Asia’s fourth richest man.

Former Goldin Farms Farm Manager Le-Anne Klemm recently left her role at the Goldin Farm property in Angaston but declined to comment when contacted by InDaily.

However, sources within the industry have reported it was business as usual at the two properties.

Goldin Farms, formerly Lindsay Park Stud, was established in 1965 by legendary Australian trainer Colin Hayes AM OBE, and is described as a world-class breeding and training complex.

Peter Jones, Colin Hayes and Queen Elizabeth with racehorse ‘Without Fear’ at Lindsay Park in 1977. Photo supplied.

Akeed Mofeed, champion of the Hong Kong Derby 2013 and G1 Hong Kong Cup 2013, is listed as the foundation stallion for the Barossa Valley property after he retired from racing in the Summer of 2014.

Viticulturist Nick Radford is general manager of Tarrawatta Barossa, he previously has worked with Penfolds, Hardy’s and Rockford Wines.

Former owners of Lindsay Park and grandson of Colin Hayes, Sam Hayes, owns the racing horse stud Cornerstone across the road from Goldin Farms, but said he was unaware of what was happening at the business.

Hayes has stepped back from day-to-day running at his own Cornerstone farm, instead working on establishing Toop + Toop Rural for the Adelaide real estate company owned by the Toop family.

Cornerstone is now being managed by Sam Pritchard-Gordon, with Hayes saying the property has about 100 mares and two stallions at the farm that focuses on breeding foals for the racing industry.

“A few in the past five to 10 years have gone onto win big group races,” Hayes said.

While the number of studs in South Australia has fallen from around 20 to 30 in the state’s heyday, there were still three large commercial stud farms producing high-quality race horses, including Mill Park operated by the Watson family in Meningie.

Pan established the Tianjin Goldin Metropolitan Polo Club in Hong Kong during 2010, and bought Lindsay Park to continue operating as a stud.

Pan Sutong, chairman of Goldin Financial Holdings Limited, watches a polo match in China in 2013. Photo: Liu dongyue/AP

Lindsay Park has been well known in Australian horse-racing circles for more than 50 years, breeding and stabling a host of champions.

At the heart of the 2,000-acre Goldin Farms is Lindsay House, built in the late 1840s by George Fife Angas, a wealthy British merchant and key figure in the South Australian Company.

When Colin Hayes was in charge of the property he built a world-class training and breeding complex and stabled stallions such as Without Fear, Zabeel, At Talaq and Rory’s Jester, who raced into the record books.

Lindsay Park was a memorable stop on Queen Elizabeth’s tour of Australia in 1977.