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
Tersk Stud Tersk Stud The Tersk Stud was officially established on February 11, 1921, on the orders of Marshal Semyon Budyonny. The breeding farm was used to restore the Russian horse population, which suffered heavy losses during the Russian Revolution. In the 1880s, Count Sergei Aleksandrovich Stroganov and his brother-in-law Prince Aleksandr Grigorievich Shcherbatov found a spot at the foot of Mount Zmeika (“small snake” in Russian) in the Northern Caucasus they felt was ideal for establishing a horse breeding farm. The two traveled to the Middle East in 1889 and purchased several purebred Arabian horses for use in their new breeding