King Charles III is auctioning off 14 racehorses left to him by his mother, the queen.

The horses are part of Tattersalls’ autumn dressage sale this week, which is the biggest sale of its kind in the world.

About 1,500 horses are on display at the week-long auction.

Spokesman Jimmy George said: “There is nothing unusual about this. Every year they sell horses.

“The queen had her own breeding mares, she bred them and sold them. You can’t keep them all.’

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Mr George said the sale did not mark the end of the royal family’s association with racing.

“Every year the owners sell shares. His Majesty is just doing what the owners do,” he added.

Queen Elizabeth II with her racing manager John Warren at Ascot in 2013

The Queen’s love of horses and riding was a passion she shared with her mother and is believed to have started with her first riding lesson.

Her Majesty has been involved in breeding and horse racing for over 60 years.

The thoroughbred, owned by the late monarch, won four of the five classic races on the flat – the 1,000 Guineas and 2,000 Guineas, the Oaks and the St Leger – and only the Derby was missed.