Horse Racing
Gully became the landlord of the Plough Tavern in Carey Street, London. He retired from the ring in 1808, and took to horse-racing. In 1827 he lost £40,000 by backing his horse Mameluke (for which he had paid four thousand guineas) for the St. Leger Stakes. In partnership with Robert Ridsdale, in 1832, he made £85,000 by winning the Epsom Derby and St Leger with St. Giles and Margrave.
In 1844 in partnership with John Day, Gully won the 2,000 Guineas with Ugly Buck, and two years later he took the Derby and the Epsom Oaks with Pyrrhus The First and Mendicant. In 1854 he won the Two Thousand Guineas with Hermit, and in the same year, in partnership with Henry Padwick, the Derby with Andover.
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