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King Charles makes more than £50,000 in a month from the late Queen’s horses but still plans to sell her beloved runners

, King Charles makes more than £50,000 in a month from the late Queen’s horses but still plans to sell her beloved runners

KING Charles has made more than £50,000 in less than a month since inheriting the late Queen’s stable of horses.

But still the new monarch, 73, is reportedly determined to sell 12 of his mother’s most beloved runners.

The King will have some 12 of his mother’s most beloved thoroughbreds auctioned later this month

The King – whose wife Queen Consort Camilla was at Ascot last Saturday – is due to auction 12 thoroughbreds at Newmarket’s exclusive Tattersalls sales later this month.

One of those includes Just Fine, the Sir Michael Stoute-trained four-year-old who earlier this month became the King’s first winner since taking over the multi-million pound racing empire.

Another is Love Affairs, the Clive Cox-trained two-year-old who was the late Queen’s last winner before she died.

Tactical, a four-year-old trained by Amazon Prime doc Horsepower star Andrew Balding, is also up for sale despite winning more than £100,000 in 17 races.

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The move shows clear intent from the new King to scale down the operation that gave his mum such pride and joy – and also proved financially lucrative.

Although huge sums go into maintaining a breeding operation like the Queen had, owners can win back a fair bit on the track.

King Charles won £28,000 in one go when Perfect Alibi won a Listed contest at Yarmouth a little under a fortnight ago.

And since his first runner in the famous gold, purple and red Royal silks on September 29, he has won £50,700 in all.

Still, the Mail quote a source close to the Royal Sandringham stud in Norfolk as saying: “The Royal stud could be a museum in three years.

“It would be a real shame.”

Sun Racing already told you how sources claimed King Charles was looking to remove the role of John Warren.

The late Queen’s racing manager was one of her closest friends and rumoured to be just one of two people with a direct line to her.

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Warren, who is now moving in Bahraini royal circles, famously celebrated with Elizabeth II when he horse Estimate won the Ascot Gold Cup in 2013.

And he was talking horses with her just before her death at Balmoral last month.

Newmarket’s sales are famed throughout the world for offering some of the finest horses on offer.

Just two weeks ago the most expensive yearling sold anywhere this year was snapped up by Sheikh Mohammed, the ruler of Dubai, for £2.8million.

Sales in Book 1 – where the top prospects from the finest pedigrees are on offer – totalled just under £127m.

The Queen usually sold around seven horses so the 12 planned to go under the hammer represents a big increase.

Last year was her late majesty’s best in terms of winnings, as she pocketed £590,000 in prize money.

She is thought to have won around £10m in all since starting in the 1950s.

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The Royal source 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.”

Her late Majesty had some of her greatest days on the racecourse and is seen here celebrating alongside loyal racing manager Warren



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