A centuries-old Kentucky horse farm owned by the family of Tony Ryan, a co-founder of Ireland-based discount airline Ryanair, is listing for $57.5 million while simultaneously heading to auction. If it doesn’t sell on the market first, the 951-acre equestrian property in Lexington will be sold at the Keeneland Championship Sale, an invitation-only horse auction set to take place on Oct. 28. The unusual strategy was the brainchild of Tony’s son, Shane Ryan, who has owned the farm since his father’s passing in 2007, said listing agent Ken Donworth of Bluegrass Sotheby’s International Realty. Tony paid $14 million for the…

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