Legendary Jockey Frankie Dettori Announces Bankruptcy Filing Over Tax Dispute

The 54-year-old Italian jockey cites a prolonged battle with UK tax authorities as the reason for his financial decision.

Frankie Dettori, one of horse racing's most celebrated figures, revealed plans to file for bankruptcy after a protracted dispute with HM Revenue and Customs (HMRC).
The legal battle stems from HMRC's challenge to a tax structure Dettori's former advisers claimed was approved, which has since been denied.
Dettori expressed sadness and embarrassment over the outcome, advising others to take greater control of their financial affairs.
The jockey, who has amassed over 3,350 career victories and significant earnings, continues to compete internationally despite his financial challenges.
This announcement follows a court decision to lift Dettori's anonymity in the case, highlighting his involvement in a tax scheme linked to a discredited promoter.