HORSE RACING - Sports Illustrated Vault | SI.com
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HORSE RACING

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A SWEET 16 races make up the Royal Ascot, Britain's most prestigious horse racing event. But the real competition is in the stands, where last Thursday fans kept the Ladies' Day tradition of pairing formal wear with loopy headgear. For the record, Yeats won the Gold Cup, the signature race, and the Queen's hat—yes, you could wager on its color—was cream.

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TOBY MELVILLE/REUTERS (HORSE HATS)

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TOBY MELVILLE/REUTERS (CIGARETTE HAT)

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DAVID DAVIES/PA/AP (HEART HAT)

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DAVID DAVIES/PA/AP (JOCKEY CELEBRATING)

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DAVID DAVIES/PA/AP (RACE)

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ALASTAIR GRANT/AP (PRINCE CHARLES AND HIS WIFE)

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CHRIS JACKSON/GETTY IMAGES (UNION JACK HAT)