Veteran jockey Frankie Dettori says he feels “embarrassed” after he filed for bankruptcy having been unable to reach agreement with His Majesty’s Revenue and Customs over a long-running case of tax avoidance.
The 54-year-old Italian, a mainstay of the British and European flat-racing scene for 37 years, has ridden more than 3,300 winners during his career.
Dettori’s financial situation became public knowledge in December last year when his plea for anonymity lodged in November was rejected by a High Court judge.
The case was brought against Dettori after he had employed professional specialist tax advisers to oversee his and his family’s financial affairs.
Dettori, who was awarded an MBE in 2001, terminated relations with those advisers…
