USPA SECURES A PERMANENT HOME FOR POLO IN SOUTH FLORIDA WITH AGREEMENT

USPA SECURES A PERMANENT HOME FOR POLO IN SOUTH FLORIDA WITH AGREEMENT TO PURCHASE INTERNATIONAL POLO CLUB PALM BEACH FROM WELLINGTON EQUESTRIAN PARTNERS

Wellington, FL - June 9, 2022 - The United States Polo Association is pleased to announce that it has purchased the core assets of the International Polo Club Palm Beach in Wellington, Florida (“IPC”). The USPA has acquired 161 acres from WEP Polo LLC and WEP Polo Operations LLC, including Fields 1 through 5, the IPC grandstand, the Pavilion, the Mallet Grille, the Seventh Chukker, the USPA Clubhouse shop, the Outback Field, the Outback facility, and the IPC social club and its facilities, including a swimming pool, gym, and tennis courts.

The IPC property will be called “The USPA National Polo Center – Wellington” (“NPC”).

The purchase brings to life the USPA Board of Governors’ vision of a USPA-owned “Sunday Field” that will serve as the permanent center of polo in America and set the standard for excellence in polo. That vision was first articulated by USPA Chairman Stewart Armstrong in an essay called The Sunday Field that appeared in the Spring 2020 issue of Hurlingham Polo Magazine.

Mark Bellissimo, managing partner of Wellington Equestrian Partners (“WEP”), and Wellington’s largest private landowner, commented, “The sale of IPC to the USPA is part our ‘Wellington 3.0’ strategy which is focused on strengthening both the equestrian venues and the core lifestyle elements that are critical for Wellington’s long-term success. We chose the USPA over competing offers and real estate development strategies to ensure that this fundamental pillar of the Wellington equestrian domain will be here for the next 100 years. I was inspired by Stewart Armstrong’s vision and believe the USPA has the commitment and resources to take this venue and the sport of polo to the next level which is a win for all involved.”