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Legendary Jockey Frankie Dettori Files For Bankruptcy Thursday, March 13, 2025 at 11:57 am | Back to: Europe, Shared News Europe Updated: March 13, 2025 at 11:58 am Frankie Dettori | Getty Images Frankie Dettori has been forced to file for bankruptcy after failing to reach an agreement with HMRC over a long-running tax avoidance case. The Italian released a statement to confirm this latest development on Thursday. “For the last six-months, my advisors have been working with HMRC in an attempt to find a solution to my financial situation,” the statement read. “Regretfully, I will be filing for bankruptcy. “I am saddened and embarrassed by this outcome and would advise others to take a stronger rein over their financial matters. Bankruptcy is a major decision and its consequences will affect me for many years. “I am relieved to be drawing a line on this long-term matter, which enables me to reset and focus on my international riding career.” Dettori's name first came up in a legal battle with HMRC over his anonymity after using a “tax avoidance scheme” in December of 2024. His career voluntarily ended in Britain in October of 2023 and, instead of retiring, he moved to California to continue riding. A three-time champion jockey in Britain, he was ranked 13th by earnings in the U.S. in 2024, with 18 graded stakes wins highlighted by the victories of Beaute Cachee (Fr) (Literato {Fr}) in the GI Jenny Wiley Stakes, Newgate (Into Mischief) in the GI Santa Anita Handicap, and Raging Torrent (Maximus Mischief) in the GI Malibu Stakes. This term, he's already won a brace of Grade IIIs. -
By Wandering Eyes · Posted
A New York-bred filly by Quality Road (hip 636) became the fourth juvenile–and second from the Wavertree Stables consignment–to reach seven figures at the OBS March sale when selling for $1.05 million to the bid of Amo Racing's Kia Joorabchian. The bay, out of stakes winner and Grade I placed Toasting (Congrats), worked a furlong last week in :9 4/5. She was a $350,000 purchase at last year's Fasig-Tipton Saratoga sale. The post Quality Road Filly Brings $1.05 Million at OBS Thursday appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions. View the full article -
By Wandering Eyes · Posted
Officials at the New York Racing Association (NYRA) have released a 64-strong stakes schedule for the 2025 summer meeting at Saratoga Race Course. The 40-day stand will kick off on Thursday, July 10 and will continue through Labor Day, Sept. 1. Over $20 million in prize money is to be offered across the added-money events, anchored by three seven-figure fixtures, the $1.25-million GI DraftKings Travers Stakes on Aug. 23; the $1-million GI Whitney Stakes on Aug. 2; and the $1-million GI Jockey Club Gold Cup on Aug. 31. The meet's first elite-level events comes on Saturday, July 12, when older females take to the turf for the GI Diana Stakes, and all bar one of the remaining weekends feature at least one Grade I test. Sophomore fillies have two such opportunities at the Spa, the first in the Coaching Club American Oaks over nine furlongs on the main track on Saturday, July 19 which serves as a stepping-stone to the meet's premier main-track race for the 3-year-old fillies, the $600,000 GI Alabama Stakes presented by Keeneland Sales at a mile and a quarter on Saturday, Aug. 16. The $500,000 GII Jim Dandy Stakes is the featured event on the only Saratoga weekend void of Grade I action on Saturday, July 26 and will toss up its fair share of runners for the Travers four weeks down the road. The turf series for 3-year-old fillies gets going on the same program with the running of the GIII Lake George Stakes. The Whitney is one of four elite-level events set for Aug. 2, which also includes the FanDuel Fourstardave Stakes, moved forward by a week; the Test Stakes presented by Ticketmaster; and the Saratoga Derby Invitational Stakes. The program also features the GII Troy Stakes for older turf sprinters and the GII Saratoga Special Stakes for juvenile males. The GI Sword Dancer Stakes, customarily part of Travers Stakes, owns pride of place on the Saturday, Aug. 9 card and is supported by the GII Fasig-Tipton Saratoga Oaks Invitational Stakes. A total of $3.65 million is up for grabs on Travers Day, which also includes the GI H. Allen Jerkens Stakes for 3-year-olds; the GI Resorts World Casino Ballerina Stakes for female sprinters; the male counterpart, the GI Forego Stakes; and the GI Personal Ensign Stakes for older fillies and mares on the main track. The GII Lake Placid Stakes for 3-year-old fillies, also run Aug. 23, has been shortened to a mile and sees its purse doubled to $400,000. The final three Grade Is take place over closing weekend, with the GI Spinaway Stakes on Saturday, Aug. 30; the Gold Cup on the 31st; and the GI Hopeful Stakes on Labor Day, Sept. 1. The stakes schedule also includes eight events restricted to horses bred in the state of New York, while the National Steeplechase Association will stage the $150,000 A.P. Smithwick Memorial Stakes on July 23 and the $150,000 Jonathan Sheppard Memorial Stakes on Aug. 20. Click here for the entire Saratoga stakes schedule. The post Travers, Whitney Among 18 Grade I Events To Be Contested at Saratoga appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions. View the full article -
By Wandering Eyes · Posted
Japan's Forever Young (Jpn) (Real Steel {Jpn}) anchors the first edition of the Longines World's Best Racehorse Rankings with a mark of 128. The Yoshito Yahagi trainee closed to take the G1 Saudi Cup by a neck over the 127-rated Romantic Warrior (Ire) (Acclamation {GB}). The latter had earlier won the G1 Jebel Hatta this year. Continuing the Hong Kong theme, star sprinter Ka Ying Rising (NZ) (Shamexpress {NZ}) is a co-third in the rankings alongside GI Pegasus World Cup Invitational Stakes winner White Abarrio (Race Day), as both are at 124. Both the G1 Centenary Sprint Cup and G1 Queen's Silver Jubilee Cup have gone to the Kiwi-bred speedster. Next on rankings at 123 is GI Santa Anita Handicap hero Locked (Gun Runner), who was second to White Abarrio in the Pegasus. For the full rankings, please visit the IFHA website. The post Forever Young Leads Longines WBRR, After Saudi Cup Tally appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions. View the full article -
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