What to wear to Ascot in February?

I’ve never been to Ascot before and will be going in February, but I’m really unsure what to wear. My style isn’t very formal and I don’t have much budget. For anyone who has been before, what did you wear/see other people wearing? For context I’m 26! Thank you!

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Hey, we wrote an article last year on what to wear to Ascot worth checking out