Shergar quickly'"; another shareholder, Lord Derby, disagreed and said "if ransom money is paid for this horse, then there is a danger of other horses being kidnapped in the years to come – and that simply cannot be tolerated". The first phone call from the thieves was on the night Shergar was stolen; Fitzgerald was not back at Ballymany by that time, and had not had the chance to tell the news of the theft to anyone. The call was to Jeremy Maxwell, a horse trainer based in Northern Ireland. The caller demanded £40,000, although this figure was later raised to
Moyglare Stud Stakes Moyglare Stud Stakes The Moyglare Stud Stakes is a Group 1 flat horse race in Ireland open to two-year-old thoroughbred fillies. It is run at the Curragh over a distance of 7 furlongs (1,408 metres), and it is scheduled to take place each year in late August or early September. The event is named after its long-term sponsor, Moyglare Stud. It was formerly contested over 6 furlongs, and for a period it held Group 3 status. It was promoted to Group 2 level in 1979, and to Group 1 in 1983. Its distance was extended to 7 furlongs in 1992.