She has been involved with the Australian thoroughbred auction house for over a decade and is a patron of the Magic Millions Racing Women initiative.

The King’s niece said: “I’d love to run another Olympics. But I’m very lucky even if I don’t – I got to ride at my home Olympics.”

Zara and Mike were snapped rubbing shoulders with Prince Harry and Meghan Markle’s pals Delfina Blaquier – another ambassador at the event – and her husband, Nacho Figueras.

The royal talked about her passion for racing and opened up about how it’s down to her mother and grandmother – the late Queen Elizabeth II.

“Racing was a big part of her [Elizabeth’s] life and she absolutely loved the breeding side of it as well,” she said of the late Queen.

“She had a big book of names that she had registered and when a foal was born, she’d go through all the names and pick one out, which gave her hours of delight.”

Zara added: “With my mum and my grandmother, the equestrian side is a huge sort of connection between us.

“It was a special passion that they passed down.”

Regarding her involvement and patronage of the Magic Millions Racing Women initiative, Zara added: “I have a big passion for racing, and being involved and getting more women involved in the racing industry was a great initiative for me to get behind.

“It’s an amazing success story, an initiative which has brought a light to women in racing, but also ownership in racing.

“Along with the love of the horse and being able to watch the horse grow and go to the races, there’s all those other things that ladies like – the fashion, the connection with your friends, going out and meeting other people”.