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Sir Alex Ferguson Starts New Business Venture – And Man Utd Icon Could Rake in Millions from His Hemel Hempstead Base

Legendary Man Utd Boss Dives into Racing

Sir Alex Ferguson, the legendary former manager of Manchester United, has embarked on a new business venture at the age of 81. Known for his love of horse racing, he has revealed that his father was the one who introduced him to the sport. Now, he has taken the next step and set up his own stud in Hemel Hempstead. With 32 horses under his ownership, Sir Alex is looking to make a mark on the racecourse.

From Racing Fanatic to Stud Owner

Sir Alex Ferguson's Upperwood Farm Stud in Hemel Hempstead could be the breeding ground for future racing champions. One of the most promising horses to come out of the stud is Spirit Dancer, a six-year-old gelding and son of the legendary racehorse Frankel. With a potential victory in Bahrain, Spirit Dancer could earn Sir Alex over half a million pounds.

Real Money in Stud Fees

While the track offers riches, Sir Alex knows that the real money is made off it. Breeding giants like Coolmore, Juddmonte, and Godolphin rake in hundreds of millions of pounds each year in stud fees. For example, Frankel, owned by Juddmonte, made £67 million in one mating year alone. Charging £350,000 to cover one mare, Frankel has produced numerous winners worldwide. With these figures in mind, it's no surprise that Sir Alex wants to get a slice of the action.

Sir Alex's New Venture

Speaking in Bahrain, Sir Alex Ferguson opened up about his new venture and how he finds racing different from football. He explained that he has started a stud in Hemel Hempstead and has already seen success with horses like Spirit Dancer. He also mentioned that his competitive element remains in football, and he enjoys being involved in racing without the pressure of being a critical figure.

Previous Controversy and Moving Forward

While horse ownership has been a contentious issue for Sir Alex in the past, particularly with former Man Utd owner John Magnier, he is now focused on his new stud and the potential it holds. The disagreement over breeding rights ultimately led to a split at the top of the club, with the Glazer family taking charge. Sir Alex is now looking ahead to the future and the joy that racing brings him.

Remember to gamble responsibly.