King Charles is preparing to sell the late Queen’s beloved race horses as he begins “winding down” his mother’s racing operation.
At Newmarket’s Tattersalls this month, a third of the top racehorses he inherited will be sold, and top of the list is Just Fine – the first horse to win for the new monarch. A trusted source close to the Royal Sandringham stud in Norfolk, claimed there are talks of “winding down” Queen Elizabeth II’s breeding operation consisting of 37 horses.
“The Royal stud could be a museum in three years.” the source stated. ‘Love Affairs’, the Queen’s horse who won at Goodwood only two days before her death, is also up for sale.
King Charles to maintain connections with horse racing industry
A royal source said that King Charles will still maintain connections between the racing industry and the Royal Family despite the anticipated sale.
“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 said.
Although it is usual to sell several horses as part of running the collection, Queen Elizabeth II only averaged seven per year. Currently, King Charles has 60 racehorses and 38 brood mares at Sandringham and expects 30 new foals next year.
King Charles to make a fortune in horse racing
Upon inheriting his mother’s massive stable, King Charles is set to make a fortune in racing in 2023.
Queen Elizabeth II may have amassed a whopping £2.2million or 2.3 million euros in earnings over the past five years from her horses. Her biggest and best moment arguably came when her horse Estimate won the Ascot Gold Cup in 2013. By then, Victory was worth just shy of £200,000, the equivalent of 230,000 euros. Yet when Pyledriver won the same race this year, its value was £709,000 or 818,240 euros.
Actually, the horse’s recent triumph has generated some tempting odds about King Charles landing some big slots next year. The monarch is 7-2 to celebrate a winner from the royal box at Royal Ascot in 2023.
The sale of the horses comes after King Charles announced the departure of John Warren from his Racing managerial role. This, despite the fact that he was a close, trusted friend of his late mother. Warren oversaw the Queen’s racing and horse breeding interests for more than 13 years. Even now, he is still in charge of horses running in the Royal colors. However, he may now fall victim to a Royal shake-up in racing.
Queen’s race horses manager to move to Bahraini royal circles
According to racing insiders, Mr. Warren will not oversee the British royal racing for much longer. Instead, he intends to now move in Bahraini royal circles. Recently, he took on an advisory role for Commissioning’s owner Isa Salman and Abdulla Al Khalifa.
In his role as one of the most respected figures in the racing world, Warren was with Her Majesty talking horses just before her death at Balmoral last month.
Warren said, “We sat there for hours strategizing and making plans going forward, I think the nicest thing for me is to know that she was surrounded by her family members.
“She really loved having them right there with her and being able to talk about her horses and her love for her horses right to the very end,” he added.