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Britains First £100 Million Racehorse
The formidable Frankel has become the first racehorse in the world to be given a stud value of a staggering £100million!
The three year old bay colt has won all eight of his flat races since his career began in August 2010 and is the hot favourite for the Queen Elizabeth II Stakes at Ascot on Sautday 15th October.
The incredible valuation, which is said to be 'conservative', takes into account his unrivalled success on the track and the fact his 'covering' fee (the price charged for him to perform his stallion duties with a mare) is, according to 'bloodstock' experts, expected to be an astonishing £100,000-a-time!
Frankel, who can gallop at a mind boggling 40mph at full throttle, has been dubbed the 'Usain Bolt' of the horse racing world.
Nick Attenborough, a spokesperson for lovetheraces.com said: ''The estimate is slightly on the shy side to be fair. At £100k a time and with him covering up to 120 mares in one breeding season it would only take him 8 years to have pocketed his owner £100m, provided his offspring prove as good as he is."
Owned by Prince Khalid Abdullah, a reclusive Saudi Arabian prince and multi-billionaire businessman, security around the colt is so tight his trainer, the highly respected Sir Henry Cecil, sleeps next to a video screen which streams live footage of Frankel in his box.
If anyone wanted to buy him today they would probably have to find in excess of £75m to prise him out of the Prince's hands!
His astronomical value is equal to the price of 500 Ferraris, 600 Lamboughinis, three Gulfstream jets or a couple of Premiership footballers.
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