Queen Elizabeth's race horses net British monarch millions in prize money

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Race horses owned by Queen Elizabeth have won over 8.8 million U.S. dollars in prize money, a report revealed Tuesday.

Last year alone, the Queen's horses won prize money of 735,000 U.S. dollars, the Daily telegraph reported.

The report said the Queen has recorded 451 race wins with a win percentage of 15.9 percent, over 30 years. netting that prize purse heading towards 9 million U.S. dollars if her winning streak continues.

So far this year the Queen's horses have recorded 20 wins, three down on last year. She is currently in 11th place in the Owners' Flat Championship table, the report adds.

The Telegraph report claimed the Queen reads the daily journal Racing Post over her breakfast every day, adding "her Majesty has a long-standing interest in horse breeding".

The Telegraph said it was understood that the majority of the Queen's prize money went to the trainers of her horses, but Buckingham Palace said the matter was "private" and declined to provide a breakdown of where it goes.

Her most successful horse is Merlin trained by Michael Bell, who has won 3 out of 8 races, but the Queen's most successful horse based on winning percentage is Elector, which has had a 100 percent race win record. The horse, a Bay Colt, is due to rise next June at the Epsom Derby

The Bay Colt is next due to run at the Epsom Investec Derby on the 2nd of June in 2018, one to watch for those who like a wager, says the Telegraph.

Heading to the Royal Epsom meeting to watch the Derby each June, described as the greatest flat race in the world, is one of the highlight's of the Queen's social calendar every year.

The report adds that the 91-years-old British monarch makes regular visits to observe and assess her animals first hand from birth and beyond. Her horses are foaled at the Royal Stud on her Sandringham Estate in Norfolk, England. Once the Queen's horses retire from racing they remain in her care into retirement.

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