Uthopia will stay with Carl Hester following the horse’s high-profile auction last month after a bankruptcy case.
An unknown buyer bought Uthopia at auction in Ireland on May 27 for £165,000, but following negotiations after that, the horse was bought on Carl Hester’s behalf by a supporter who wishes to remain anonymous.
Hester, who rode Uthopia to dressage team gold at the London 2012 Olympics, was thrilled with the outcome. Hester is among a dozen British dressage riders nominated for Rio 2016.
“I couldn’t have asked for a better early birthday present – this is the best news and the team are all very happy now we know ‘Uti’ is staying at home,” Hester said.
“It’s been a stressful time but I must thank the parties concerned in getting to this outcome, all have been professional and made it exceptionally easy. Those involved wish to remain anonymous and I hope that everyone can respect that but they have my extreme gratitude.
“I must also thank all the supporters of British dressage for their good wishes and encouragement, it’s meant a lot to me and my team. This a happy ending and will make my birthday celebrations this year extra special!”