Outstanding jockey of era ‘saddened and embarrassed’Rider: ‘Consequences will affect me for many years’ Frankie Dettori, one of the most successful and popular racing figures of recent decades, said in a statement on Thursday that he is “saddened and embarrassed” at being forced to file for bankruptcy having failed to resolve a dispute over unpaid tax with HMRC.Dettori was revealed to be in dispute with HMRC over a scheme to reduce his income tax payments in December 2024, when an injunction to prevent him being named was lifted following an application by HMRC and media organisations. Continue reading...
Frankie Dettori announced he is filing for bankruptcy due to an unresolved tax dispute with HMRC. He had been working with advisors to resolve the situation for six months after a scheme to reduce his income tax payments was revealed in December 2024. Dettori expressed sadness and embarrassment over the situation, which he attributes to former advisors.
