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Late Queen’s £8.7m wins – and how a humble victory brought true joy

Late Queen’s £8.7m wins – and how a humble victory brought true joy,

It’s that time of year when the bookies fill up with hopeful punters and racing enthusiasts dust off their grandest hats for Ascot. 

While lucky bettors could win part of a record £17.75million prize money this week, there was one member of the Royal Family who was overjoyed to leave the races with a modest £15. 

The late Queen’s love of both horses and racing is well-documented. At the time of her death, she reportedly won 566 of her 3,441 races as an owner, and it is thought she made £8.7million from her hobby since 1988.

But in 1991, the Queen, in her 60s, was joined by the Queen Mother at Epsom for the Derby, taking part in the grand racing tradition of a low-money sweepstakes.

A clip from this event appeared in the 1992 BBC documentary Elizabeth R, which was produced to mark the Queen’s Ruby Jubilee and gave viewers a unique, behind-the-scenes perspective on the monarchy.

Dressed in a bright purple ensemble, the Queen began to watch the race on a screen before running through the room with binoculars in hand to watch the three-year-old stallion get over the line from the balcony, which is opposite the finishing post.

She is so excited that she stands in front of the Queen Mother and blocks her view. 

‘That’s my horse, isn’t it? That’s my horse!’ the Queen said while turning to her mother as she looked at the horse, Generous.

In 1991 the Queen, in her 60s, was joined by the Queen Mother at Epsom for the Derby, taking part in the grand racing tradition of a low-money sweepstakes

A clip from this event appeared in the 1992 BBC documentary Elizabeth R, which was produced to mark the Queen's Ruby Jubilee and gave viewers a unique, behind-the-scenes perspective on the monarchy

Queen Elizabeth ll is filmed for a BBC television programme as she watches racing at the Epsom Derby

‘Oh my god, Mother! We won!’

She was then given her winnings from the sweepstake: ‘What do I get?’ she asked an aide.

‘Well, you get 16, Ma’am,’ he answered. 

‘Sixteen pounds! Oh!’ said the Queen, smiling broadly to the camera. 

It was as if the Queen were a child who had won a prize at the arcade. 

‘How kind of you,’ she exclaimed.

Earlier in the programme, there was another heartwarming scene in which the Monarch tells her mother it is nice to be on-course to watch the racing, rather than staring at a television.

‘Do you know I’ve not watched with a pair of binoculars for ages, look at it pouring with tears, I always watch on the television,’ said the Queen.

Dressed in the a bright purple ensemble, the Queen had begun to watch the race of a screen before running through the room with binoculars in hand to watch the three-year-old stallion get over the line from the balcony

'That's my horse, isn't it? That's my horse!' the Queen said while turning to her mother as she looks at Generous

'Sixteen pounds! Oh!' said the Queen, smiling broadly to the camera

Many have remarked over the years that the Queen was happiest and most relaxed when she was talking about horses.

Biographer Ben Pimlott quoted a horse-world confidante in his book, The Queen, when he described her passion for the animals and the sport.

‘She is very interested in stable management — and happiest with the minutiae of the feed, the quality of the wood chipping and so forth,’ he wrote.

Top trainer Richard Hannon Senior said Her Majesty’s horse knowledge put many highly credentialed trainers to shame.

‘I always had to do my homework when I ran one of Her Majesty’s horses or when she came to visit our stables,’ he said.

‘She knows all the pedigrees of her horses inside out. There’s no small talk when discussing her horses. She knows all the bloodlines going back decades.

‘She also used to say to me after a stable tour, “It’s nice to come to a place that doesn’t smell of fresh paint”.’

It was a view shared by her racing adviser John Warren.

Queen Elizabeth II, wearing a hat by milliner Frederick Fox, at the Derby meeting, at Epsom racecourse in Epsom in June 1991

Photographer Tim Graham is photographed taking a picture of the Queen at the 1991 Derby

Princess Margaret, Princess Elizabeth and Group Captain Peter Townsend in the Royal Box at Ascot in June 1951

Queen Elizabeth II, accompanied by her racing manager John Warren, watches the racing as she attends at Derby Day of the 2008 Derby Festival at Epsom Racecourse

‘If the Queen wasn’t the Queen, she would have made a wonderful trainer. She has such an affinity with her horses and is so perceptive,’ Warren once said.

The British Horseracing Authority paid tribute to the much-loved monarch as it suspended race meetings when news of her death broke.

This comes as Tuesday kicked off the first day of Royal Ascot.

The King, whose only Ascot win was Desert Hero in 2023, is set to attend every day of the five-day festival after it was reported he was surprised at how much he enjoyed the occasion. 

For the 200th anniversary of the Royal Procession, Charles and Camilla arrived in a carriage with Saudi Arabia’s Prince Faisal bin Salman Al Saud and Lady Sarah Keswick, one of the Queen’s official companions. 

On day one, Charles’s hopes for his horse were dashed as the favourite failed to dazzle in the sun and finished ninth.

Reaching High had been hotly tipped by bookies at 11-4 before the Ascot Stakes, but he flopped in front of the expectant monarch.

'If the Queen wasn't the Queen, she would have made a wonderful trainer. She has such an affinity with her horses and is so perceptive,' Warren once said. The two are pictured at Ascot in 2013

The King, whose only Ascot win was Desert Hero in 2023, is set to attend every day of the five-day festival after it was reported he was surprised at how much he enjoyed the occasion

Charles¿s hopes for his horse at were dashed as the favourite failed to dazzle in the sun and finished ninth

Charles, 76, and Queen Camilla, 77, had been cheering from the Royal Box but were seen leaving shortly after the loss, even with two more races to go. 

He had taken over his mother’s stable of horses. The late Queen had more than 20 Royal Ascot winners during her 70-year reign.

Earlier, Charles had written in the official racecard: ‘Having experienced the thrill of victory at Royal Ascot ourselves in 2023, we can only wish all those competing this week the very best of luck and that everyone watching has a most enjoyable five days.’

What is Royal Ascot?

One of Britain’s most well-known racecourses, Ascot holds a special week of races in June each year called Royal Ascot, attended by The King and Queen, who has had an interest in horses since childhood. 

King Charles III and Queen Camilla attend day one of Royal Ascot at Ascot Racecourse on June 17, 2025

This week has become Britain’s most popular race meeting, welcoming around 300,000 visitors over five days, all dressed up in their finest clothes and hats. 

What do The King and Queen do at Ascot? 

Each day of the week begins with the Royal Procession, when The King, The Queen and accompanying Members of the Royal Family arrive along the track in horse-drawn landaus. They then spend the day watching the races from the Royal Enclosure. 

In 2006, Queen Elizabeth II opened the redeveloped Ascot Racecourse by thanking all who had been involved.

In 2021, The Queen, as The Duchess of Cornwall, sat down with Oli Bell to discuss the passion for horse racing throughout the Royal Family, and her hope for it to continue with the next generation.

Why are The King and Queen involved at Ascot? 

Ascot Racecourse was founded by Queen Anne in 1711, and has since received the support of a further twelve monarchs. The Ascot summer race meeting officially became a Royal week in 1911. 

The King and Queen are owner and breeder of many thoroughbred horses and share an interest in horses with many members of the family.

The names of the week’s races have a Royal theme, such as ‘King George V Stakes’, ‘Diamond Jubilee Stakes’ and ‘Windsor Castle Stakes’.

Source: Royal.uk

In 1991 the late Queen, in her 60s, was joined by the Queen Mother at Epsom for the 1991 Derby, taking part in the grand racing tradition of a low-money sweepstakes.

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