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
Cigar (horse) Mile. The NYRA Mile was the second race in Cigar's winning streak. Cigar was retired to stud at the end of the 1996 racing season. Ceremonies took place during the National Horse Show at Madison Square Garden to honor the horse. Paulson sold 75% of Cigar to Coolmore Stud and Michael Tabor, and this equated to a value of $25 million for him. He was taken to stand at the Ashford Stud, the American division of Coolmore Stud, and began his coverings there in February. An insurance policy on Cigar required that he cover 20 mares twice and get at