Calumet Farm has a record history of Kentucky Derby and Triple Crown winners and 11 horses in the National Museum of Racing and Hall of Fame.

[5] Other well-known horses include Nellie Flag, Armed, Two Lea, Mar-Kell, A Gleam, Twilight Tear, Mark-Ye-Well, A Glitter, Bewitch, Coaltown, Real Delight, Bardstown, Our Mims, Davona Dale, Alydar, and Before Dawn.

His acquisition of quality breeding stock saw Calumet Farm develop into one of North America's most successful stables in Thoroughbred racing history.

[8] A key move was acquiring part ownership in Blenheim, a stallion imported from England, and its foundation sire, Bull Lea.

[10] After years of legal proceedings, in 2000, Lundy along with Gary Matthews, the farm's former attorney and chief financial officer, were convicted of fraud and bribery and sent to prison.

[15] The win of Oxbow in the 2013 Preakness Stakes marked the return of Calumet to the winner's circle of a Triple Crown race for the first time since 1968.