Shergar in fourth, and the Aga Khan took the decision to retire him to stud in Ireland. After Shergar's Epsom Derby win, the Aga Khan sold 40 shares in the horse, valuing it at £10 million. Retaining six shares, he created an owner's syndicate with the remaining 34 members. Shergar was stolen from the Aga Khan's stud farm by an armed gang on 8 February 1983. Negotiations were conducted with the thieves, but the gang broke off all communication after four days when the syndicate did not accept as true the proof provided that the horse was still alive. In 1999
Horse racing in Ireland following complaints concerning the oat intake of Thoroughbreds. The ban led to public outcry, especially in Ireland where some 20,000 people were believed to be employed in the embattled racing industry. Fearing further unrest, the British government gave a concession to allow the Curragh festival of the 8–10 May, finally relenting on the 20th June. In 1915, the British National Stud was based in the Curragh, becoming the Irish National Stud after independence. In the post-independence period, many efforts were made to regulate and support the horse racing industry in Ireland, and a greater effort was made to promote Irish