Treve© Photo Healy Racing
Retirement now beckons for Treve after her unsuccessful attempt to make history at Longchamp.
Criquette Head-Maarek's brilliant mare was bidding to become the first horse to win three Prix de l'Arc de Triomphes but could manage only fourth behind Golden Horn.
"There is no disgrace in being beaten by Golden Horn. He was the Derby winner and there are no excuses," said Head-Maarek.
"Before the race I was scared of Golden Horn, New Bay and Flintshire and they have filled the frame. In racing there are some you win and some in which you get beat, that's the game we are in.
"She didn't stride with the fluency she displayed in the Vermeille and maybe she had a harder race in the trial than I thought.
"We have to take it on the chin and move on, but to try to blame it on the ground is wrong because it is not that hard.
"Maybe sometimes with fillies they have a day off - maybe she had a day off."
Harry Herbert, racing manager to Treve's owner Sheikh Joaan, confirmed Treve has likely run her last race.
He said: "She's run a great race. Thierry Jarnet is so disappointed as I think she was a bit free early. He just pointed at the ground. He was gutted - he could hardly speak.
"He just said it was too quick for her, but personally I think she was just a little bit keen and a little bit fresh and was never quite in the right spot.
"She had every chance. The winner is awesome. Golden Horn is a worthy champion.
"I don't think she's lost anything in defeat. It's great to have a go and wonderful for Sheikh Joaan to give it a go.
"She's given everyone a huge thrill, but hats off to Golden Horn, John Gosden, Frankie (Dettori) and the Oppenheimers. It's a wonderful achievement.
"She is the legacy. You always hope there's another one going to come along like that. That's going to be tough to replicate.
"I think when you taste the buzz and fun and all the ups and downs, mainly ups, that this filly has brought Sheikh Joaan and his family, it's absolutely awesome.
"I think Sheikh Joaan would say it's such a privilege to have owned her and she'll go on now to the stud and hopefully be a wonderful broodmare.
"I can say that's definitely it now, but that's up to Sheikh Joaan. We'll let the dust settle, but I'm sure she's done her stuff.
"An exciting career at stud lies ahead of her."
