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 establishment in 1682 of a race by Lord Kildare, with a plate of 40 pounds to the winner. In a correspondence to King Charles II in 1673, Sir William Temple stated "Horses in Ireland are a drug... we see horses bred of excellent shape, and vigour, and size, so as to reach great prices at home, and encourage strangers to find the market here." Racing became more competitive with the introduction, in 1666, under King Charles II, of the King's Plate Races, designed so as to favour a fast yet strong horse, capable of winning a 4-mile race with a