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LONDON — Frankie Dettori, one of the most successful jockeys in horse racing history, has announced he will file for bankruptcy to resolve a dispute with British tax authorities. The 54-year-old Italian is now based in the United States and still racing. He has been involved in a legal dispute with HM Revenue and Customs, which denied some tax deductions that he had claimed. In a statement widely reported by British media Thursday, he says "Regretfully, I will be filing for bankruptcy. I am saddened and embarrassed by this outcome." Dettori has ridden more than 3,350 winners.
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FILE - Jockey Frankie Dettori talks to horse connections during the morning track work at the Meydan racecourse training track in Dubai, United Arab Emirates, Friday, March 24, 2023. - AP Photo/Martin Dokoupil, File