Frankie Dettori, one of the most successful jockeys in horse racing history, has announced he will file for bankruptcy to resolve a dispute with British tax authorities.

Veteran jockey Frankie Dettori says he feels "embarrassed" after he filed for bankruptcy having been unable to reach agreement with His Majesty's Revenue and Customs over a long-running case of tax avoidance.

FRANKIE Dettori will be filing for bankruptcy as he admitted “I am saddened and embarrassed by this outcome”. The legendary jockey, 54, was previously named as the “tax avoidance

Frankie Dettori has released a statement to announce he is filing for bankruptcy with the famous jockey left ‘saddened and embarrassed’. The Italian, 54, based in England for a horse racing career which spanned over 35 years,

Frankie Dettori, the world's most famous jockey, has announced he is filing for bankruptcy. In a shock statement, Dettori revealed he had been unsuccessful in efforts to resolve financial difficulties with HMRC.

LEGENDARY jockey Frankie Dettori has shockingly filed for bankruptcy. The Italian has been involved in a legal battle with HMRC having been caught up in a ‘tax avoidance scheme’. He

Frankie Dettori has been attempting to untangle his tax arrangements in Britain after they were challenged by HMRC.

The legendary jockey was reported in December to be working to "unravel the mess" caused by his previous tax advisors

My advisors have been working with HMRC in an attempt to find a solution to my financial situation. Regretfully, I will be filing for bankruptcy. I am saddened and embarrassed by this outcome

World famous jockey Frankie Dettori lost a court battle in December last year to preserve his anonymity over his tax affairs - and he has now confirmed he is filing for bankruptcy

Saddened and embarrassed’ Frankie Dettori files for bankruptcy - Perhaps the most world’s famous jockey, Dettori has had an ongoing financial dispute with HMRC and has now filed for bankruptcy