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Second Derby favorite ruled out of race in move that could cost owner £850,000

The second favorite for the Epsom Derby has been ruled out of the race in a move that could cost his owner £850,000.

William Haggas confirmed that Economy, Dante’s impressive winner, who had gone just 7-4 in the world’s most famous Flat contest, will not be performing on Saturday week.

Economy trainer William Haggas has confirmed that the superstar colt will not run in the Derby.Credit: PA

Haggas took Economics out of the Derby days before his victory in the key test at York.

And Bahraini owner Sheikh Isa would have had to shell out £75,000 to supplement his income.

But the decision was made not to run him at all, meaning Aidan O’Brien’s City Of Troy is cementing himself as the 7-4 favorite in the race worth just under £1m to the winner.

Haggas said: “Following discussions with his owner, His Highness Sheikh Isa, we have decided that Economía will not compete in either the English Derby or the French Derby next weekend.

“We believe the change is very tight for both races and we feel it is still maturing.

“As such, we will give him more time and prepare him for an exciting ten-furlong summer campaign.

“At this point, we think it’s unlikely he’ll run more than a mile and a half this year.”

Economy was a favorite for a Newbury maiden in April and won well with Tom Marquand.

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Charlie Appleby’s Ancient Wisdom was sent off 7-4 as the Dante favourite, but was beaten six lengths by Economics, who then bled a nose.

Haggas’ wife Maureen said after that victory that she had reservations about Epsom adapting to the economy.

She said: “In my opinion, Economy has the capability and capacity to be that class, but Epsom is a very complicated track and it is a very big horse.

“You have to be on to tour Epsom.

“It’s a big ask for any horse and it’s a big, inexperienced baby.”

Some punters were left baffled that Economy had folded, with big question marks surrounding City Of Troy.

Aidan O’Brien’s best three-year-old colt failed completely at Guinea 2000 when he was sent off at long odds.

One punter said: “Bad decision as the Derby is bad this year and he would get in no problem.”

While another wrote: “What a shame.”

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