The National Stud is a United Kingdom Thoroughbred horse breeding farm located two miles from Newmarket. The Stud originated in 1916 as a result of a gift by William Hall Walker (later Lord Wavertree) of the entire bloodstock of his stud farm in Tully, Kildare town in County Kildare, Ireland. As part of the arrangement, the British government acquired the Irish property along with Walker's training stables in England. In 1943, the Irish Government took over the Tully property and the Irish National Stud Company Ltd. was formed. The Irish bloodstock was then transferred to the Sandley Stud in Dorset.