Frankie Dettori: Legendary Jockey, Lavish Lifestyle & a Financial Fall

Lanfranco “Frankie” Dettori has long been a household name in the world of horse racing. With a dazzling career, over 3,000 victories, and unforgettable wins at the Prix de l’Arc de Triomphe and Royal Ascot, he carved out a legacy that few jockeys can rival. Yet, 2025 brought an unexpected turn in his story, as headlines shifted from racecourse triumphs to a very public financial downfall. Here’s everything you need to know about Frankie Dettori’s journey in 2025—from global fame to filing for bankruptcy.

Who is Frankie Dettori?

Born on December 15, 1970, in Milan, Italy, Frankie Dettori was born into the racing world. His father, Gianfranco Dettori, was a renowned jockey in Italy, and it was clear early on that Frankie had inherited the same passion and talent.

He rode his first winner at just 16 years old at Goodwood in 1987, and from there, the wins came fast and furious. He went on to become one of the most celebrated jockeys in racing history, known not only for his skill on the saddle but for his signature flying dismounts and charismatic showmanship.

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Frankie Dettori’s Career Highlights

• Over 3,000 career wins
• Multiple Prix de l’Arc de Triomphe titles
• Famous “Magnificent Seven” at Ascot in 1996, where he won all seven races in one day
• Champion Jockey awards and global acclaim

He was regularly ranked among the highest-paid jockeys in the world, earning millions in prize money and endorsements throughout his career.

Why Did Frankie Dettori File for Bankruptcy in 2025?

Despite his enormous success, Frankie revealed on March 13, 2025, that he had filed for bankruptcy, following a prolonged and difficult financial dispute with HMRC, the UK’s tax authority.

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“I am saddened and embarrassed by this outcome,” he said in a statement, “and would advise others to take a stronger rein over their financial matters.”

According to reports, Frankie and his advisors had been negotiating with HMRC for several months to resolve his outstanding liabilities. Unfortunately, a settlement couldn’t be reached, and Dettori was officially named in court documents in 2024, after legal efforts to remain anonymous fell short.

What Does Frankie Dettori Do for a Living Now?

Frankie Dettori is still a professional jockey, having relocated to the United States in 2024 to continue racing internationally.

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Despite previously announcing retirement in 2023, Dettori surprised fans by deciding to extend his career and race in the U.S., where he found renewed energy and adoration from American audiences.

In his own words:

“I feel like Tom Cruise walking down the streets… Everyone is calling my name. I love it here.”

He continues to compete in major races and is focused on reclaiming control over his life and career following the bankruptcy.

How Did Frankie’s Lifestyle Influence His Financial Situation?

For years, Dettori was known for his lavish lifestyle. Whether attending exclusive galas, traveling in private jets, or living like royalty in the U.S., the expenses piled up—perhaps faster than the wins could cover.

While he never explicitly blamed his lifestyle for the financial fallout, observers speculate that the combination of high spending, tax complications, and perhaps mismanagement contributed to the crisis. The jockey himself admits the experience was humbling and hopes others will learn from his mistakes.

Frankie’s Public Spotlight and Reality TV Appearance

In an unexpected twist, Frankie also joined the cast of I’m a Celebrity… Get Me Out of Here! shortly after relocating to America. Though he was eliminated after just two weeks, the appearance added another layer to his already multifaceted public persona—one that spans racing, reality TV, and now financial redemption.

Will Frankie Return to the UK Racing Scene?

As of 2025, Dettori has not confirmed whether he plans to race in the UK again. His absence from the Cheltenham Festival 2025, which took place from March 11 to 14—coinciding with the timing of his bankruptcy news—raised questions about his future in British racing.

For now, he appears fully focused on the U.S. racing circuit, where he’s rediscovering both joy and purpose in the sport that made him a legend.

Where Does Frankie Dettori Stand Today?

Despite the setback, Frankie Dettori remains a force in horse racing. He has openly embraced the chance to “reset” his career and life. His story in 2025 is one of resilience—a reminder that even the most decorated stars can face hard falls, but true champions always find a way to ride again.