Veteran V8 Supercars driver Paul Weel and his wife Emma have bought in the NSW Southern Highlands.
It is a 4ha equestrian estate at Burradoo which cost $7.2m after being marketed by Ray White as “the definition of decadence”.
It has tree-lined laneways leading to the home which boasts an impressive drive-through portico using original beams from a Circular Quay demolition.
The property has world-class dressage facilities with four barns which include stables with wash bays, shelters and a tack room, plus an Olympic-sized Otto dressage arena with auto irrigation.
It was sold by Samantha Sidwell and Chris Dyer.
The last Burradoo equestrian estate to sell was when the 4.4ha Old Bong Bong Farm fetched $7.95m last November.
The Weels sold their main river home at Carrara on the Gold Coast for $10.9m last year, and bought on Mermaid Beach for $15.85m earlier this year. They also retain their Gold Coast hinterland equestrian dressage estate which cost $7m in 2020 at Gilston.
The family are training a horse which they hope will make it to the Olympics.
They also have a Wade equine transportation coach from Equitana, which the family dubbed “The Weelmobile”.
It has four padded bays for horse transportation.
It was 1997 when Paul, then a Gold Coast teenager, won his inaugural feature race in the premier sports truck class.
Weel had earlier retired from supercross in 1995 after breaking both wrists in a crash, having previously finished second in the Australian 125cc junior motocross championship.