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King Charles to Sell Queens’ Racehorses
King Charles Set to Sell 12 of Queens’ Racehorses in Scaling Back' of Tradition
King Charles III is taking a different route after inheriting Queen Elizabeth II's top racehorses, as while he will "continue with the traditions and connections" his mother had, it will not be "on the same scale"
Daily Mirror UK 17 OCT 2022
Queen Elizabeth II on horse back taking the salute during the Trooping of the Colour ceremony in June 1981
Queen Elizabeth II and Prince Philip visit a farm on the Balmoral estate in Scotland, during their Silver Wedding anniversary year, September 1972
King Charles III is set to sell all of the best-performing racehorses he has inherited from his mother, Queen Elizabeth II, when she died last month
Reportedly, Gulf State yards are eager to buy some horses from Charles
The source said: "The Royal stud could be a museum in three years. It would be a real shame."
The treasured 12 racehorses the new monarch assumed are set to be actioned at Newmarket’s Tattersalls.
The long-reigning monarch had a whopping 37 horses in races this year, of which a third have been given to Charles. In 1952, after the death of her father King George VI, Elizabeth was given her father's breeding and racing stock - which ignited a life-long love for the sport.
As is tradition, the new king has assumed some of his mother's racehorses
While the Queen incurred a hefty running cost for her hobby from her private purse – as it did not always turn a profit - last year was her best in racing. She saw 36 of her horses be crowned winners, and earned a staggering £590,000 in prize money.
Among the horses to be sold is Just Fine - who was trained by Sir Michael Stoute - and was the first horse to win for the new king. Love Affairs will also be put up for sale, despite being the Queen’s last winner at Goodwood just two days before she passed, report The Mail on Sunday.
A royal source, who is close to the Royal Sandringham stud in Norfolk, has said that there are whispers of breeding operation 'winding down' over the next three years. This will happen until it ceases to be a commercial operation.
Charles - who has 60 racehorses and 38 brood mares in Sandringham - is expected to start reducing the numbers soon. The 30 foals that are expected in the new year are also likely to be sold for high prices, just like the Queen's last breed.
Meanwhile, a racing source said that the Gulf State yards are especially eager to buy from the new monarch and claim a connection to the Queen.
A royal source confirmed that Charles will reduce the number of horses he has, but also 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 Queen's passion for horses saw her rake in around £10 million in prize money over her lifespan
Queen Elizabeth II, accompanied by her Stud Groom Terry Pendry, seen horse riding in the grounds of Windsor Castle on June 2, 2006
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