Juddmonte Farms quash rumours that Frankel is to be sold The intensity of those rumours has forced Juddmonte Farms to issue a statement. "His Highness is going to make some disposals over the next few months, but his interest remains undiminished and he will continue to race," Douglas Erskine-Crum, the chief executive, confirmed. Prince Khalid, a member of the Saudi royal family, is expected to undergo a process in which every major owner and breeder must engage periodically - reducing numbers. Fears that Frankel might change hands have been allayed, as it appears that mares will form the basis of the dispersal. Prince Khalid has had a major impact on the development of the thoroughbred in Europe over the past three decades. With 900 horses, his empire is considered 'boutique" compared to Sheikh Mohammed's Darley, which is estimated to be five times as big. He has had many trainers but his most endearing association has been with Sir Henry Cecil, who trained Frankel. When Cecil's numbers dropped to an all-time low just under a decade ago, Abdulla stood by him and continued to send horses to Warren Place. He owned Danehill but famously sold him to Coolmore prior to the sire becoming the most prolific dual-hemisphere stallion of his time. Prince Khalid's horses have won three Derbys at Epsom and four Arcs. He is understood to have an affinity not only to Frankel, who is valued at around £100 million as a stallion, but also to other Juddmonte sires, Oasis Dream and Dansili.