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 Run over a minimum of 2 miles, National Hunt races require the horses to clear a number of obstacles. There are three types of National Hunt race: Steeplechase and Hurdle races are held each year at 23 courses, of which 3 run exclusively National Hunt races. A number of other types of horse racing take place in Ireland, including Harness racing and Endurance racing. There are 26 major racecourses in Ireland, more per head of population than any other country, with more than 350 race meetings and 2,000 races annually. More than 1.3m people visit Irish racecourses each year, with