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Embattled businessman Nathan Tinkler is reported to be selling his racing and breeding operation, Patinack Farm.

Tinkler established Patinack Farm in 2007, investing millions of dollars buying yearlings, stallions and brood mares for his new thoroughbred venture at Sandy Hollow in the NSW Hunter Valley.

One of his biggest assets, three-year-old colt All Too Hard, a half brother to Black Caviar, was sold last year to Vinery Stud in a package deal estimated at $25 million.

At the time, several staff were sacked while others complained of not being paid.

Tinkler also shut down his stables in Adelaide and Melbourne, retaining a large stable at Randwick in Sydney and another in Queensland.

It is understood Patinack Farm is for sale as one entity with hopes it can be retained as a going concern.

 
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