Music mogul and former X Factor judge Simon Cowell has become a racehorse owner.

Simon, famed for his straight talking assessments on reality talent shows, has invested in a two-year-old thoroughbred.

And the co-owners are none other than fellow prime-time TV presenters Ant and Dec.

The trio are now the proud owners of the colt who is in training with James Fanshawe in Newmarket.

The horse, which is reportedly called It’s A Yes From Me, was bought 35,000 guineas as a foal at the Tattersalls Sales.

He is by Bahamian Bounty, who is also the sire of Switcharooney — owned by England footballer Wayne Rooney.