Derby winner Authorized has been purchased by Sheikh Mohammed's Darley Stud operation.
The three-year-old was an impressive five-length winner of the Epsom Classic last week and Darley have been quick to snap up the Montjeu colt for an undisclosed sum. "Authorized has been bought by Darley as a future stallion," read a statement on www.darley.co.uk.
"The horse has been leased back to the current owners Saleh Al Homaizi and Imad Al Sagar.
"He will continue to be trained by Peter Chapple-Hyam and managed for the owners by Mr Tony Nerses."
Authorized has won three of his four career starts and is now set to step back in trip to 10 furlongs for his next outing.
"The intention is that the horse will target the Coral-Eclipse Stakes on July 7th," the statement added.
Wake Up Maggie, an impressive winner of a Lingfield Group Three on her last start, is likely to bypass Royal Ascot in favour of the Brownstown Stakes at Leopardstown on July 4th.