1950, Markova and Dolin became the co-founders of the Festival Ballet, a company formed to celebrate the imminent Festival of Britain and backed by the Polish businessman Julian Brunsweg. Dolin was to be the company's first Artistic Director, with Markova as Prima Ballerina. The company was formed to tour ballets to audiences that would otherwise be unable to experience ballet, and went on to tour extensively to less conventional venues both in the United Kingdom and internationally. It also established a number of educational programmes designed to make ballet accessible to new audiences. She remained the Prima ballerina until 1952, after which she continued to appear regularly as a guest dancer until her retirement from professional dancing. In 1960, she collaborated with Indian classical dancer Ram Gopal to create a duet "Radha-Krishna" based on Hindu mythology, in which she danced as Radha, while he danced as Krishna. Today their collaboration is commemorated at the National Portrait Gallery, London where her bronze bust stands next to his portrait. In 1989, the Festival Ballet was renamed English National Ballet to reflect the company's role as Britain's only classical ballet company dedicated to touring ballets nationwide at an affordable price for audiences. Retirement Markova retired from professional dancing in January 1963 at the age of 52. Following her retirement, she continued to play an active role in the ballet and theatre industry as a teacher, director and choreographer. She was responsible for staging a number of ballets that she had performed with the Ballets Russes, also coaching dancers for roles she had created for choreographers such as Sir Frederick Ashton. As a teacher she presented televised master classes and was also appointed Professor of Ballet and Performing Arts at the University of Cincinnati. In her later years, she continued to be a regular member of the teaching faculty for residential ballet courses such as the Yorkshire Ballet Seminars and the Abingdon Ballet Seminars, and was also President and a regular guest teacher at the Arts Educational Schools in London and Tring. She was also a governor and regular guest teacher at the Royal Ballet School. She was the subject of This Is Your Life on two occasions, in January 1960 when she was surprised by Eamonn Andrews at the Royal Festival Hall, and in October 1995, when Michael Aspel surprised her at London's Royal Opera House. Markova was Patron/President of numerous dance organisations,