Dubai World Cup Purse Remains at US$12M

Dubai Racing Club announced that the Dubai World Cup purse–sponsored by Emirates Airline–has been retained at US$12Million and that the deadline for free nominations to the 25th renewal of the race will be extended through Jan. 20, 2021. Hosted at Meydan Racecourse, the 2000-meter event, which will be run Mar. 27, 2021, includes six Group 1 and three Group 2 races. Last year a total of 1,774 nominations were accepted from 902 horses trained in 21 countries.

Purses for the remaining eight races are slightly reduced from prior renewals, however, purse structure will be modified to allow for payment all the way down an 8th-place finish in all races on the night.

 

Dubai World Cup — Revised Prize Money

G1 (Arabian) 2000m Dubai Kahayla Classic Sponsored by Mubadala – US$750,000.

G2 1600m (Dirt) Godolphin Mile – US$ 750,000.

G2 3200m (Turf) Dubai Gold Cup Sponsored by Al Tayer Motors – US$ 750,000

G1 1200m (Turf) Al Quoz Sprint Sponsored by Azizi Developments – US$ 1M

G2 1900m (Dirt) UAE Derby Sponsored by Emirates NBD – US$750,000

G1 1200m (Dirt) Dubai Golden Shaheen Sponsored by Gulf News – US$ 1,5M

G1 1800m (Turf) Dubai Turf Sponsored DP World – US$$4M

G1 2410m (Turf) Longines Dubai Sheema Classic – US$5M

G1 2000m (Dirt) Dubai World Cup Sponsored by Emirates Airline – US$ 12M

The first supplementary stage for all Dubai World Cup day races will close Wednesday, Feb. 10, when connections can nominate their horse for 0.1% of the prize money of the targeted race. The second supplementary stage is Monday,

Mar. 8, when horses can be supplemented for 1% of the prize money. The third and final supplementary stage takes place Sunday, Mar. 21, when horses can be supplemented for 10% of the prize money. Entry/declaration takes place Monday, Mar. 22.

For more information on DWC nominations, click here.

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Op/Ed: Owning Horses and ‘Buying’ a Dream

Sam Hoskins, an owner, breeder, syndicate manager and ROA board member, gives us his view of how the reduced prize-money will impact racing in Britain

From where we were back in the spring, to get racing back on was an incredible achievement and obviously everyone understood then that prize-money was going to be hit. Horsemen accepted that up to the point when it became clear that, despite media rights flowing, there was going to be largely no executive contribution from the majority of racecourses. The call for transparency over media rights payments has been around for a while now and it has become more widespread and vocal lately as horsemen have rightly sought to establish the full, if bleak, picture of this main source of industry funding–one that should be co-owned by racecourses and horsemen in my view. For a while now, the ROA board has been aware of the figures cited in Project Enable which points to an unaccounted sum of over £100m between the gross total media rights and the amount paid to racecourses. Hopefully this all becomes clearer in due course.

It has obviously been great to get a few owners back on track slowly but surely. Some racecourses have made a fantastic effort but there are others who’ve done the bare minimum and, frustratingly from my perspective, haven’t shown sufficient flexibility regarding badge allocation. I run two syndicates, Kennet Valley Thoroughbreds and Hot To Trot Racing, and the key to success isn’t always about winners–it is about giving everyone the best time possible and making it fun. The problem to date this summer, despite some wonderful television coverage by ITV and RTV/SSR, there has been little fun to savour on the racecourse. While we’ve done our best to convey that excitement via new communication platforms, ultimately mornings on the gallops and days at the races form a huge huge part of racehorse ownership, and indeed being part of a syndicate. At the moment, as well as running for peanuts, syndicates are being vastly restricted in terms of numbers being allowed on track while all owners are finding it tough to accept an owner’s experience with such limited interaction with trainer and jockey. Many are choosing to stay at home and watch it on TV, which is fine but a bit sad I feel. People do understand the restrictions have been imposed by government but with so many mixed messages it is getting harder to understand why racing, which is fundamentally an outdoor sport, has taken so long to welcome back crowds, even if they have to be reduced in number in the short term. I feel perception is winning the battle over common sense right now.

Hopefully the forthcoming racegoer test days will give rise to the above because ultimately we are an entertainment industry. To a certain extent you could say that prize-money doesn’t come into that part of the business, but there are many reasons why prize-money is important. Firstly, having some reward for your investment allows smaller owners and syndicate members to subsidise their reinvestment in the sport year after year. Then of course there is the competition we face from fellow racing nations such as France, Ireland, America, Hong Kong and Australia, where the prize-money pools are far greater. [Editor’s Note: The pilot project for fans at Doncaster’s St Leger meeting was cancelled after Wednesday’s card due to government directives.]

As John Gosden has already warned so eloquently, we run the risk of becoming a nursery for other nations, and it is clear that an increasing number of good horses are being bought to race on overseas. It is vital for Britain’s stature in the racing world that we are able to retain a far greater number of our better horses, not only to put on the best racing, but eventually for the best of them to join the breeding pool. Prize-money is also vital for trainers, jockeys and stable staff and without their percentages, training fees may be forced even higher than they currently are.

Most owners realise that if they have a bad horse they are going to win little or no money, but if you are lucky enough to have a horse rated 90 or 100 on the flat and you are running for £10,000 to the winner, then even if you win you’ve barely paid half of your annual training fees. This is very far from the situation experienced by owners in most other racing nations, where they can at least cover their annual costs with a decent win or two.

If owners felt confident that the racecourses, especially the big racecourse groups, were doing as much as they could to ease the situation then that would be fine, but there’s been a lot of uncertainty surrounding the funding mechanism and size of the growing media rights pot for years, not just since the onset of COVID-19. The lack of transparency over media rights and what the racecourses are actually being paid for owners running their horses at their tracks remains a sticking point. Some independent racecourses have commendably opened their books in recent times but the large racecourse groups continue to frustrate, not least as the business model for some of their tracks (i.e the all-weather tracks) hasn’t actually changed as significantly as it has for the majority who rely so heavily on crowds.

I know racing can be perceived as an elitist sport but we need people to be involved at all levels and for more owners to be brought into racing. For that, we need to support the grassroots of the sport and provide the appropriate aspiration to own horses and ‘buy a dream’. It will be interesting to see how the field sizes hold up this autumn when the fixture list resumes as normal. To be honest, a reduced pool of horses and resulting increased competition for runners going forwards could be a good thing as, while price elasticity isn’t exclusive to racing, it might force some tracks to prioritise executive contribution into prize-money.

From the syndicate members I have been speaking to, there is a concern about coming back in next year, especially if they feel that they will be unable to go to see their horse run, and at the moment, only a handful of syndicate members are granted access to a racecourse even if they have a runner.

I have a few shares in horses myself in France but I could never afford to do that here. In Britain, we are never going to have a Tote monopoly like they do in France, but there are a few things they do there that we could try here. For example, the Quinté + handicap which is run in France every day. I don’t see why that wouldn’t work here, to have a feature handicap that is a daily betting focal point, with a premier race and a secondary race, and guaranteeing 16 runners and good prize-money.

Ultimately, of course, it is so important that horsemen, racecourses and bookmakers all work together. It is very easy to criticise but it’s so much harder to come up with solutions. One point that I feel sure horsemen and racecourses can certainly agree is a push for levy to be collected on a percentage of turnover rather than profits and for levy to apply on overseas horse racing bets. That would make a huge difference, and it would benefit racecourses as well as horsemen.

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QIPCO Announces British Champions Day Prize Money

Total prize money for the 10th QIPCO British Champions Day on Oct. 17 was cut to £2.5 million, QIPCO announced on Thursday. The purse reduction is a result of the coronavirus pandemic, but the raceday remains the richest in Great Britain. The G1 QIPCO Champion S. will be run for £750,000, while the G1 Queen Elizabeth II S. sponsored by QIPCO will be £650,000. Both the G1 QIPCO British Champions Fillies & Mares and the G1 QIPCO British Champions Sprint S. will be conducted at £350,000 and the G2 QIPCO British Champions Long Distance Cup will carry a purse of £300,000. Races will close on Sept. 1.

“We are pleased to be able to stage a card worth £2.5 million on QIPCO British Champions Day despite our income streams being so negatively affected and the enormous challenges facing the sport currently,” said British Champions Series Chief Executive Rod Street. “QIPCO British Champions Day has seen some superlative performances over the past decade and it is hugely important to us that we continue to make running a horse on the day as attractive as possible. We are very grateful for QIPCO’s long-standing partnership of British Champions Series and British Champions Day which has enabled us to make this early commitment.”

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The Weekly Wrap: Time For British Racing To Heed Warnings

If we can view Europe’s largest training centre of Newmarket as a microcosm of the wider racing world, then events in the last week give a pretty concerning snapshot of the future of the sport.

On the positive front, there was a first winner for the town’s newest trainer, Terry Kent, who, at 53, is also one of the longest-serving members of its workforce, having previously been a jockey and worked for trainers Michael Jarvis, Julie Cecil, Saeed Bin Suroor and Roger Varian. Another recent recruit to the training ranks, George Boughey, continued to show his aptitude for the job when Songkran (Ire) (Slade Power {Ire}) completed a hat-trick from just four runs for his stable. We’ll hear more about Boughey in a TDN feature later in the week.

Along with the good news came the sad announcement that Ed Vaughan, an extremely popular member of the racing community in Newmarket and beyond, is to relinquish his licence at the end of the season. This news came barely a week after Vaughan had celebrated the biggest win of his career with Dame Malliot (GB) (Champs Elysees {GB}) in the G2 Princess Of Wales’s S. and just a day after Miss Chess (Ire) (Zoffany {Ire}), a juvenile half-sister to the G1 Prix de Diane winner Fancy Blue (Ire) (Deep Impact {Jpn}), had made an extremely promising debut for him at Yarmouth. Then on the day of the announcement Magic J (Scat Daddy) underlined Vaughan’s capabilities by pushing his rating into the 90s with victory in a decent Sandown handicap.

Here we have a trainer with decent horses for major owners deciding that training racehorses is no longer a viable business. Vaughan isn’t the first to have come to this conclusion and he won’t be the last, certainly not in this awful year. But the plight of British racing, and its stakeholders’ apparent inability to hold racecourses to account regarding what many of those providing the show believe to be a fair return, is now desperate enough for the cracks to be showing vividly through the paper.

The National Trainers Federation (NTF) was moved to release its own statement later that day which acknowledged Vaughan’s success in selling horses on to race abroad in Hong Kong and Australia and calling for a reform to the funding of the sport. It read, “It is all the more sad that such a trainer is being forced to relinquish his licence due to the inadequate levels of prize-money in British racing and the resulting economic pressure on his business. While a successful record of capitalising on the value of British-raced horses in the overseas market is admirable, this should not be a prerequisite for running a sustainable training business in the most highly regarded horseracing industry in the world.

“The funding model of our sport requires two reforms: an improved return on betting turnover; at 0.6% this is by far the lowest of our international competitors. And a revenue sharing agreement with the media rights holders to ensure a fair distribution of the commercial revenue that is jointly created by horsemen and racecourses.”

Ralph Beckett, who is currently president of the NTF, added his personal thoughts on the situation via his website, on which he stated, “I hope that those who are in a position to do something about it, i.e. the racecourses (who receive £1,000 per runner from media rights) and bookmakers, are proud of what they haven’t achieved.

“Don’t forget Ed made this announcement one week after the biggest success of his 16-year training career. This is a man with no dependants, training successfully for owners who pay their bills on time, who owes no one, and cannot make it pay. He is the proverbial canary in a coalmine.

“One of the things that used to attract people to racing is that no one knew where a good horse would come from. Nowadays, the best horses are in fewer and fewer hands and it is damaging irreparably the sport as a spectacle.”

To further emphasise this point, on Monday morning it transpired that only two stables would be represented through eight potential runners in Saturday’s G1 King George VI and Queen Elizabeth S. The fact that Enable (GB) (Nathaniel {Ire}) and Magical (Ire) (Galileo {Ire}) are entered guarantees a thrilling contest if both mares stand their ground, and they of course represent the two most powerful stables in Britain and Ireland respectively. But how have we reached a situation where only two stables in the British Isles contain a horse good enough to contest our premier weight-for-age race?

Courses Must Help The Cause
While one does not begrudge the success of the big stables it is hard not to view the growing void between 200-horse yards and smaller outfits, which seem to be ever contracting, as similar to supermarkets and corner shops. Sooner or later the former push the latter out of business. Owners of course have the right to send their horses wherever they wish, and the rise of the ‘super yard’ in turn provides an awful lot more business for pre-training yards, some of which charge a higher daily rate than many small trainers.

But Beckett’s comments about damaging the sport as a spectacle are accurate, and this is why so many people revelled in the July Cup victory of Oxted (GB) (Mayson {GB}) for Roger Teal. It was simply refreshing to be hearing about some different names for a change.

We have come a long way from racing being the ‘Sport of Kings’ to one of greater inclusivity for a wider range of owners through syndicates. Current COVID-19 restrictions are in the process of being eased further to allow a greater number of racegoers to be in attendance, but the utmost priority must be given to ensuring that all owners can attend with a horse if they wish to do so and, taking sensible precautions, be allowed to convene on course with their trainer and jockey.

This year has been testing but racecourse bosses need to take a longer-term view. Prize-money was already poor before the pandemic and, while many will accept a short-term cut in levels while tracks get back up and running, this cannot be sustained. Owners and smaller breeders leaving the sport—which they will if the situation doesn’t improve rapidly—will inevitably lead to smaller race fields and a decline in media rights income for the racecourses.

Calls for unity between the Horsemen’s Group and the RCA are well meaning, and of course the united front presented in order for racing to resume ahead of any other sport in Britain shows what can be done, but this must not come at the continuing detriment to the people whose support is at the root of the industry: the owners.

Red In The Black
Four years apart by birth, Red Evie (Ire) and Snow Fairy (Ire) were the standout performers for their sire Intikhab, who died shortly after his retirement at Derrinstown Stud in 2016. The influence of both mares has been felt this season, with Snow Fairy’s second foal, Virgin Snow (GB) (Gleneagles {Ire}), winning a fillies’ handicap before gaining black type when second in the G3 Hoppings S.

Red Evie had a head start on Snow Fairy and has been mated exclusively with Galileo (Ire). The outstanding Found (Ire), winner of the Arc among her three top-level victories, is the highest achiever of Red Evie’s six winners. Found it turn has made a promising start to her own stud career as the dam of this year’s Chesham S. winner Battleground (War Front).

With a proliferation of Galileo mares at its disposal, the Coolmore team has made good use of the American-based War Front to provide a successful blend, and another cross with the very best Japan had to offer, Deep Impact (Jpn), also proved fruitful up until his death last year.

Saxon Warrior (Jpn) is the flagbearer for this particular cross but Sunday’s Curragh maiden winner Snowfall (Jpn) looks like another we’ll be hearing plenty about in future. The 2-year-old filly is the first foal of Found’s sister Best In The World (Ire), and if the mare didn’t quite live up to her portentous name she was certainly more than useful and posted a listed win at two followed by a Group 3 victory at three.

Snowfall wasn’t the only good winner over the weekend to represent the Deep Impact-Galileo cross as Harajuku (Ire) earned herself a TDN Rising Star for her debut success at Chantilly. The Andre Fabre trainee represents the Niarchos family, who were among the first European breeders to patronise Deep Impact and were rewarded for this with the G1 Prix du Jockey Club winner Study Of Man (Ire).

Harajuku is herself from a family which has also been in the news this year as her dam Phaenomena (Ire) is a full-sister to Nightime (Ire), the dam of Ghaiyyath (Ire) (Dubawi {Ire}). Furthermore, Harajuku’s 4-year-old half-brother King Of Koji (Jpn), by another Shadai resident, Lord Kanaloa (Jpn), won the G2 Meguro Kinen in Tokyo in May. Their 3-year-old sibling Mystical Land (Jpn) (Heart’s Cry {Jpn}) is also with Fabre and is entered for a Dieppe maiden on Wednesday.

Don’t Stop Believing
Ubettabelieveit (Ire) had originally been entered for the Goffs UK Breeze-up Sale by pinhookers Roger Marley and John Cullinan of Church Farm and Horse Park Stud, who bought the Kodiac (GB) colt for 50,000gns from breeder Ringfort Stud at Book 1 of the Tattersalls October Sale. But in a delayed season the youngster was one of a number of horses sold privately and he notched his first win on his second start on the track adjacent to the Goffs UK sales complex the day before the sale eventually took place. He then stepped up a level to win the listed National S. at Sandown last week, with another colt withdrawn from the breeze-ups, Mcmanaman (Ire) (Dark Angel {Ire}), taking third.

Trained by Nigel Tinkler, Ubettabelieveit continued a fine season for Derek and Gay Veitch’s Ringfort Stud, which has recently been represented in the winner’s enclosure as co-breeders with Paul Hancock of the Cheveley Park Stud-owned Indie Angel (Ire) (Dark Angel {Ire}). The same breeding combination was also responsible for fellow Newmarket July meeting winner, the 2-year-old Youth Spirit (Ire) (Camelot {GB}), while Ringfort alone bred Mayfair Spirit (Ire) (Charm Spirit {Ire}), who won his sixth race on June 28.

Juvenile winner Rebel At Dawn (Ire) (Dandy Man {Ire}) is another winning Ringfort graduate, as is last year’s dual Group 2 winner Threat (Ire) (Footstepsinthesand {GB}), who holds an entry for next week’s G1 Qatar Sussex S. at Glorious Goodwood.

Eagles Has Landed
Steve Parkin’s Clipper Logistics has become a major force in the owners’ ranks and has been represented by 41 runners already this season in Britain. Over the weekend a pair of Group 3 races came Parkin’s way via Eagles By Day (Ire) (Sea The Stars {Ire}) and Queen Jo Jo (GB) (Gregorian (Ire}), whom he owns in partnership with Roger Peel.

Eagles By Day, the first son of Vanessa Hutch’s excellent staying mare Missunited (Ire) (Golan {Ire}), has a somewhat different profile to the earlier, faster type of horse with which one usually associates Parkin’s all-grey silks. His victory in the John Smith’s Silver Cup on his first start for David O’Meara should see him go on to bigger and better things, perhaps even back at Parkin’s local track, York, where he is being aimed at either the Ebor or the Lonsdale Cup.

Queen Jo Jo was the first group winner for the hugely likeable Gregorian, who raced 25 times in his four seasons in training with John Gosden and is now back at his breeder Maurice Burns’s Rathasker Stud.

Joe Foley and Federico Barberini, who regularly work in tandem at the sales on Parkin’s behalf, bought the group-winning duo and it was to Foley’s Ballyhane Stud that one of the most exciting runners in the Clipper Logistics silks, Soldier’s Call (GB), was retired at the end of last year.

The young sprinter has been well supported in his first season and he will do a good job if he can match the popularity of his stud mate Dandy Man (Ire), who is enjoying another good season. The unbeaten dual group winner Dandalla (Ire) is his flagbearer to date, and on Sunday Dandy Man was responsible for the valuable Weatherbys Super Sprint heroine Happy Romance (Ire), who was the first winner for new owners The McMurray Family. Her trainer Richard Hannon is already eyeing another lucrative pot which will entail a trip to Ireland for the new €320,000 Irish EBF Ballyhane Stud S. The race also carries a bonus of €50,000 if the winner is by a Ballyhane stallion. Joe Foley had better start emptying his piggy bank.

 

 

 

 

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