He is on a farewell tour that’s taking him to all sorts of places, with it all set to end in Brazil in Febuary.
It’s a tour that is no doubt generating much needed cash for Frankie Dettori who is still battling the tax man over his bankruptcy.
According to reports, Dettori still owes the tax office £750,000 [more than $1.5 million AUD], and creditors are set to receive no return from the liquidation of two companies linked to 55 year old.
New documents show that both Frankie Dettori Limited and Newmarket Activities Limited have no assets available to repay debts, and as of October 20 last year, Dettori’s companies owed the tax office, a car leasing firm and liquidator fees totalling a whopping £888,799 [1,787,245.91 AUD].
The six‑time British champion jockey revealed in March last year that he had been made bankrupt by HMRC over tax issues linked to a now‑discredited avoidance scheme, blaming poor financial advice. Dettori initially sought to keep his identity confidential in the bankruptcy.
Dettori said at the time he was “saddened and embarrassed” by the outcome, and that bankruptcy would continue to affect him “for many years.”
Dettori is winding down a legendary riding career, picking up wins in Argentina and Uruguay during a farewell tour in South America and will ride for the final time in Brazil next month, when he will then take up a full‑time role as global brand ambassador for Amo Racing.
Dettori’s automatic discharge from bankruptcy is scheduled for March 17, 2026.
