And they’re off… King Charles to sell 12 of the late Queen’s treasured racehorses as he cuts racing operation
- The king will sell 12 of the horses he inherited from his mother Queen Elizabeth II
- A third of the Queen’s horses will be auctioned at Newmarket’s Tattersalls
- Just Fine and Love Affairs are among the horses being auctioned off by the king
The king will this month sell 12 of the treasured top racehorses he inherited from his mother as he starts to cut her racing operation.
They will be auctioned at Newmarket’s Tattersalls auctions – and further sales will follow.
The Queen had 37 horses in races this year, so Charles is offloading nearly a third.
On the list is Just Fine, trained by Sir Michael Stoute, the first horse to win for the new King.
The king will this month sell 12 of the treasured top racehorses he inherited from his mother as he starts to cut her racing operation
The Queen had 37 horses in races this year, so Charles is offloading nearly a third
Also for sale is Love Affairs, the Queen’s last winner at Goodwood two days before her death.
A source close to the Royal Sandringham stud in Norfolk said there is talk of ‘winding down’ the breeding operation over three years, until it ceases to be a commercial operation. The source said: ‘The Royal stud could be a museum in three years. It would be a real shame.’
Charles has 60 racehorses and 38 brood mares at Sandringham.
The 30 foals expected in the new year will fetch high prices as the last bred by the Queen. A racing source said Gulf State yards are especially keen to buy and claim a connection to the Queen.
A Royal source confirmed Charles will reduce the number of horses but added: ‘The connection between the family and the horse racing industry will continue.
‘The desire is to continue with the traditions and connections with Royal Ascot but not on the same scale as Her Majesty because she had a passion.’
The source added that some horses have already been sold as part of the ‘natural churn’ of buying and selling that comes with running the collection.
The Queen usually sold around seven horses a year, so this month’s planned sale represents a big increase.
Yesterday, the Queen Consort was at Ascot presenting an award at the Queen Elizabeth Stakes, and watched the Royal race horse King’s Lynn ride in the Group 1 QIPCO British Champions sprint stakes, with odds of 33/1.
It has reportedly fallen to the Queen Consort to get a handle on the vast array of Royal race horses which are peppered all over the country.
The Queen subsidised the hefty running costs of her hobby from her private purse – as it did not always turn a profit.
Last year was her best in racing, with 36 winners earning £590,000 in prize money.
She also kept around 30 show horses and earlier this month she posthumously won a top prize at Horse of the Year show, dubbed ‘Crufts for horses’.
The prize, which always eluded her in life, was given to her retrained racehorse First Receiver.
It is thought she made around £10 million in prize money over her lifespan while her operation started with just two trainers and 20 horses in the 1950s.
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