"Gingernuts is undoubtedly the most popular horse we have had at Te Akau," principal David Ellis said.
"He captured hearts and imaginations and has a huge following. We were stunned by the outpouring of concern when he suffered his life-threatening injury in Melbourne.
"It has almost been a year since his injury and during that time, Jerry has had the best veterinary care possible.
"Three separate specialists have now thoroughly re-examined and again x-rayed him and he is retired.
"The bottom line is that the veterinary surgeons advise against racing him again. They state that there is a strong possibility that the damage to his injured leg is such, that he would likely favour the injured leg and that is a risk that we are absolutely not prepared to take.
"Gingernuts is such a special horse - we would never compromise his health and well-being being. His owners are also adamant that their boy comes first, so he will now spend the rest of his days as promised at Te Akau Stud."
With a 42-strong team of owners, Gingernuts attracted strong support on raceday, with the majority decked out in fluorescent G-Nuts caps.
"We have already been contacted by racing clubs who are keen to have Gingernuts lead out fields for their group one races or be paraded at their major days - this is a possibility for sure," Ellis said. "It would be wonderful to see Jerry become a true ambassador for thoroughbred racing in New Zealand."
Purchased by Ellis for $42,500 from the New Zealand Bloodstock Ready to Run Sale, Gingernuts amassed $1.27 million in prize-money from his 12 starts.
He won six races, including three at group one level - the New Zealand Derby (2400m), Rosehill Guineas (2000m) and Windsor Park Plate (1600m).
- NZ Racing Desk