After announcing his retirement in 1946, Astaire concentrated on his horse-racing interests and in 1947 founded the Fred Astaire Dance Studios, which he subsequently sold in 1966.
Nakon filma "Plavo nebo" Astaire je objavio svoju mirovinu i usredotočio se na svoje zanimanje za konjske utrke, a zatim (1947.) osnovao "Fred Astaire Dance Studios" – koji je prodao 1966.