Although King Charles III will formally inherit the Sandringham stables and Ascot racecourse, it is expected that his wife Camilla, known for her love of horses and racing, will take care of the royal horses, The Times reported.
The horses will not change the colors in which they race. According to the newspaper, despite the fact that Charles III has his own colors, the horses will keep colors owned by Elizabeth II and her father before her - a purple body with gold braid, scarlet sleeves, and a black velvet cap with gold trim.
UK media have also speculated on the fate of Elizabeth II's corgi dogs. On Sunday, Evening Standard reported that a spokesperson for Prince Andrew, who was previously accused of rape and stripped of a number of titles, confirmed that he would take care of the dogs.
On September 8, Elizabeth II, who ruled the kingdom and 14 Commonwealth realms for over 70 years, died at the age of 96. Her eldest son, Charles III, was officially proclaimed the new UK king on Saturday.