On July 2, a British Horseracing Authority panel announced a suspension and record fine for Nicky Henderson, trainer of the thoroughbred owned by The Queen which tested

positive for an illegal substance in February of this year.

Henderson had previously been found guilty of administering the prohibited anti-bleeding drug tranexamic acid to Moonlit Path before the mare finished sixth in a race at Huntingdon.

The panel's decision yesterday states that Henderson will be fined a record £40,000 and suspended from racing horses for three months. Henderson did face the possibility of being suspended five years for the infraction.

According to a report by the BBC, the panel concluded that a total ban was not warranted - but also that a fine was not enough.

Henderson had admitted to three of the four charges he faced, but denied any wrongdoing in relation to the British Horseracing Authority's Rule 200, which governs administrating or attempting to administrate a positive substance.

Henderson has always maintained the medication was used "in the interests of the horse's welfare" and not to improve performance.

Click here to the read the article in its entirety.

(With files from BBC)

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