In early 2025, Teton Ridge announced the closure of its multi-million-dollar equine breeding program, leading to a full liquidation of its horses, including top cutting stallions like Third Edge and Smooth Talkin Style, as well as barrel horses such as Tres Chasin Babes PZ. This marked the end of an era for the renowned breeding operation.

In 2026, Theorem Ranch acquired the TR9 Ranch and Equestrian Facility, a vast and state-of-the-art operation in Texas designed for elite training and large-scale events. Owned by Jason and Kisha Itkin, Theorem Ranch is poised to elevate its presence in the Western industry, bolstered by top trainers like Todd Bergen and the acquisition of the legendary sire Stevie Rey Von. This new chapter signals a significant expansion and renewed ambition for Theorem Ranch in the equine world.