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.
