Lucy Gay Bassett, 87, wife of James E. "Ted" Bassett III, died Sunday, May 1, 2016, at her home, Lanark, in Woodford County. Born Aug. 5, 1928, in Lexington, she was the daughter of the late A. B. and Elizabeth Simms Gay of Spring Station. She was an honors graduate of The Madeira School, Madeira, Va., and Smith College, Northampton, Mass., graduating in 1950. She married on Dec. 2, 1950, in Christ Church, Lexington. She was the owner and breeder of Lanark Farm, breeding more than stake winners, including three grade ones, and Adoration, the winner of the 2003 Breeder's Cup Distaff, with earnings over $2.1 million. She also bred 21 horses who won over $100,000. According to The Blood Horse Magazine, Lanark Farm was the leading consignor of stake winners for the period of 1996 to 2000, based on the percentage basis of 13 percent of the 23 offered for sale at the Keeneland September sale. She was an avid and competitive golfer, winning the Idle Hour Country Club Championship three times and was a runner up in the Lexington City championship. She enjoyed playing at different golf courses around the country, particularly Lower Cascades at The Homestead. As a major landowner, she had an intense interest in farmland in Central Kentucky, and in 1975 established the real estate firm of Rogers-Bassett, becoming one of the leading farm real estate brokers during the ensuing 20 years. She was an avid traveler and an ambassador for Thoroughbred racing, accompanying her husband, the former president of Keeneland and Breeder's Ltd., to numerous countries and racing events across the world. In addition to her husband of 65 years, she is survived by a brother, James G. Gay, M.D., his wife, Anne, and their four children, Elizabeth Gay (George) Freeman and their children, Reid, Will and Woods; Dr. Charlotte Gay (John Clay) Stites and their children, Harrison, Elizabeth and Stewart; James Edward "Ted" (Alyson) Gay and their children, James and Eliza; Anne Gay (Richie) Donworth and their children, Margaret and Lucy. A graveside service was conducted Wednesday, May 4, at the Lexington Cemetery. Milward-Broadway, Lexington, was in charge of arrangements. Memorials are suggested to the American Heart Association, the Woodford Humane Society, or the Trixie Foundation.