RMG Renews Media Rights Agreement With British Courses

Racecourse Media Group (RMG) has agreed to five-year licence extensions for audio-visual and data rights for its British racecourses, the company announced on Thursday.  A total of 35 UK racecourses have their LBO rights renewed, and 33 UK racecourses were renewed for all other aspects of their media rights, including streaming (watch & bet), direct to home (DTH), terrestrial TV and international betting and non-betting through Dec. 31, 2028.

Owned in its entirety by racecourse shareholders, RMG pays 100% of operating profit back to racecourses, and as a result, it is the biggest single funder of British horseracing. In RMG's portfolio are events like the Randox Grand National Festival, Cheltenham Festival, Cazoo Derby Festival, Qatar Sussex S. and the Juddmonte International S., all of which will remain there until at least 2029. In addition, RMG added all 26 Irish racecourses to its coverage in 2019, which are brodcast live on RMG's channel, Racing TV. For a full list of courses in RMG's portfolio, please visit www.racecoursemediagroup.com.

Roger Lewis, Chairman of RMG, said, “This is a pivotal moment for British racing. The RMG Racecourses, with a unity of purpose, have created business clarity and confidence for years to come. The RMG Board pays particular tribute to the outstanding leadership of the RMG CEO, Martin Stevenson, who together with his great team of RMG executives navigated this complex and detailed process with rigour, patience and clear focus.”

Added Martin Stevenson, CEO of RMG, “It is a matter of great pride that racecourses have placed their rights in RMG's hands again. RMG has a superb team, who, from the production to the commercial offices, are committed to ensuring first-class output and long-term sustainable growth for our racecourses.

“This will be achieved by continuing to create innovative and different ways of bringing the sport to life and showcasing it to our broad range of audiences. This is also made possible by our much-valued media, technical, broadcast, commercial and bookmaking partners, and, of course, the owners, trainers, breeders, jockeys and stable staff. We look forward to continuing to work with Newbury on the remaining period of their term until 2024 and we wish them well thereafter.”

Nevin Truesdale, Chief Executive of The Jockey Club, which runs 15 UK racecourses, said, “RMG has consistently delivered significant value from media and data rights over a 17-year period and unlocked revenue streams in the betting space far more than any other sport. More recently, the income RMG has delivered to all its shareholder racecourses has been vital through the very difficult pandemic period without spectators and other on-course revenues.”

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July Sale Roars Back To Business

NEWMARKET, UK–Comparisons from year to year can be tricky in an ever-changing sales programme but to put the first day of trade at Park Paddocks into some sort of context, an 11,000gns median bounced back almost to the pre-Covid level of 2019, with the average of 25,114gns surpassing that year's tally.

Fears early in the pandemic that bloodstock sales would suffer have been largely unfounded. It is true that most have suffered from disruption over the last 15 months but not from lack of participation, as a 93% clearance rate on the opening day of the Tattersalls July Sale continued to illustrate. Of 254 horses put through the ring on Wednesday, only 17 left without a buyer, bringing turnover of 5,952,000gns.

Broodmares were the key driver of trade on Wednesday, with a number of Sheikh Mohammed's Godolphin draft populating the leader board. Lot 125, Aureum (Medaglia d'Oro), a winning sister to the G3 City Of York S. winner and G1 Coronation S. runner-up Nemoralia, clinched the top spot when offered in foal for the first time to Invincible Spirit (Ire). The 4-year-old's sole win in five starts for John Gosden came at Chelmsford in March, and she was covered in Ireland a month later before being brought to Tattersalls. 

Tom Goff of Blandford Bloodstock placed the final bid of 220,000gns and, in common with a number of those who signed for the day's leading lots, was unable to divulge for whom the mare had been bought. Bred by Newtown Anner Stud, Aureum had previously been sold at the Keeneland September Yearling Sale for $800,000.

Goff said, “She has been bought for an established owner/breeder client. She has a fantastic page, and she made a lot of money as a yearling. She is a lovely mare, the sister was top-class over here and she is in foal to a great stallion.”

Another of Goff's Godolphin picks was the once-placed Siyouni (Fr) filly French Rose (Fr), who is out of a full-sister to the Jim Bolger-bred G1 Dewhurst S. winner Parish Hall (Ire) (Teofilo {Ire}). The 3-year-old, sold as lot 266, fetched 125,000gns.

The agent also signed for Royal Eloquence (Ire) (Duke Of Marmalade {Ire}), who was consigned as lot 107 by the National Stud for breeder Joseph Tabet with her Night Of Thunder (Ire) colt foal at foot and in foal to Ribchester (Ire). The half-sister to Lordship Stud's good broodmare Swiss Lake (Indian Ridge {Ire}), the dam of stakes winners Swiss Spirit (GB), Swiss Diva (GB) and Swiss Dream (GB), was bought on behalf of an Irish client for 130,000gns. 

International involvement 

Two other members of the Godolphin draft were bought by American and Australian breeders respectively. Matt Houldsworth signed for lot 124, the unraced 4-year-old Birdwatcher, a daughter of Uncle Mo in foal to young Darley stallion Blue Point (Ire). Her own lack of racing prowess was counterbalanced by her pedigree: Birdwatcher's dam Bizzy Caroline (Afleet Alex) was a dual Grade III winner herself and is a half-sister to the top-class racemare Lady Eli (Divine Park). Birdwatcher was another expensive Keeneland September purchase by Godolphin at $1.1 million.

“I thought she was a very good physical and obviously she cost a lot of money as a yearling,” Houldsworth said. “She's got a good covering, too. I'm a big fan of Blue Point, and it's a lovely, deep family. She's heading to America.”

On her way to Highclere Stud is the Teofilo (Ire) mare Subella (Ire) (lot 121) who was bought by Jake Warren for an undisclosed breeder. The unraced 4-year-old is a half-sister to the dam of 1000 Guineas runner-up Cloak Of Spirits (Ire), a daughter of Invincible Spirit, who is also the stallion Subella was covered by on March 28. More pertinently, Subella's dam Suba (Seeking The Gold) is a three-parts-sister to Darley's flagship sire Dubawi (Ire), who is the most illustrious of five black-type performers for grandam Zomaradah (GB) (Deploy {GB}).

After bidding 150,000gns for the young mare, Warren said, “She is for an Australian client. We are thrilled to buy her as she is a beautiful mare, she has a lovely cover and a pedigree that needs no explanation. She will come back to Highclere and we will decide on plans when we get her home and see what the foal is like.”

John Dance also added a Godolphin filly to his broodmare band at Manor House Stud–one of three online purchases by the owner/breeder–when going to 150,000gns for lot 265, Desert Star (GB), a once-raced 3-year-old daughter of Dubawi (Ire) and sister to listed winner Duneflower (Ire).

Mehmas momentum

Breaking up the Godolphin stronghold at the top of the leaderboard was Excellent View (GB), who presented a three-for-one deal as the 10-year-old Shamardal mare (lot 214) was offered alongside her filly foal by one of the hottest young sires of the moment, Mehmas (Ire), and she is back in foal to the same stallion.

Buyer Charlie Gordon-Watson is certainly a fan of the Tally-Ho Stud resident. He said, “She has a very nice foal at foot. I love Mehmas. He can do it anywhere, with any trainer, and he has a couple of really good horses in America at the moment.”

It is of course not just the sire of the foal who appealed to the agent as Excellent View has already produced the black-type performer and four-time winner Mutaraffa (Ire) by Mehmas's sire Acclamation (GB) and, though she was a modest performer herself, her first three dams are all stakes winners. 

“She has been bought for an English owner/breeder and it is good to see that she has produced a foal like that and she is back in foal to the stallion, who looks the real deal,” added Gordon-Watson, who was also the purchaser of Mehmas's dual-winning juvenile Lusail (Ire), who is declared for Thursday's G2 Tattersalls July S.

Two lots earlier (212), Barton Sales had also consigned another mare in foal to Mehmas: Tianadargent (Fr) (Kendargent {Fr}), an unraced sister to Restiadargent (Fr), who chased home Black Caviar (Aus) and Moonlight Cloud (GB) to be a close third in an all-female trifecta in the G1 Diamond Jubilee S. of 2012.

Cormac McCormack was the busiest buyer of the session, signing for seven fillies and mares, including Dubai Fashion (Ire) (lot 42). The daughter of Dubawi (Ire) has the great Shadwell mare Height Of Fashion (Fr) as her great grandam and was sold in foal to Blue Point (Ire) for 140,000gns.

Last orders

As most people's attention had already turned to England's match against Denmark in the semi-final of the European Football Championship, the Group 1-winning sprinter and young stallion Garswood (GB) (Dutch Art {GB}) paraded through the ring as the final lot of the day.

The 11-year-old started his stallion career at Cheveley Park Stud where he was born and has recently stood two seasons at Haras de la Huderie in France. He will continue his stud duties in Saudi Arabia after being bought for 40,000gns by agent Ted Durcan on behalf of Ahmad Alabdullatif.

“He's off to Saudi Arabia and his progeny should be well suited by the racing there,” Durcan said of lot 340. “It's a lovely stud and he will be well looked after.”

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£200,000 in Racing League Prizes Announced

A total of £150,000 will be split amongst the winning team of the Racing League, with an additional £50,000 to be divided between the three jockeys with the most points across the 36-race challenge, the Racing League announced on Wednesday. There was already £1.8 million in guaranteed prize money on offer, bringing the total over £2 million to be decided across six race days and 12 teams this summer. The extra £200,000 will be shared by the winning team and leading jockeys as follows:

  • £60,000 to the trainers
  • £30,000 shared by the trainers' yards' stable staff
  • £30,000 to the owners, whose horses will make up the 30-strong squad
  • £30,000 split equally amongst the three jockeys
  • £25,000 bonus to the jockey that scores the most points
  • £15,000 bonus to the jockey that scored the second most points
  • £10,000 bonus to the jockey that scores the third most points

Jeremy Wray, CEO of Racing League, said, “We are thrilled that Racing League will contribute over £2m of new money in its first year, which we believe will provide an enormous boost for the sport. The winner-takes-all team prize should add real spice to this exciting new competition.”

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Sisters to Expert Eye and Anthony Van Dyck Debut

Observations on the European Racing Scene turns the spotlight on the best European races of the day, highlighting well-pedigreed horses early in their careers, horses of note returning to action and young runners that achieved notable results in the sales ring. Thursday's Observations features full-sisters to Group 1 winners.

1.20 Newmarket, Mdn, £25,000, 2yo, f, 6fT
INVIGILATE (GB) (Acclamation {GB}) is a notable debutante to open Newmarket's July Festival as a full-sister to Juddmonte's GI Breeders' Cup Mile hero Expert Eye (GB). Trained like that past luminary by Sir Michael Stoute, the April-foaled bay faces 11 rivals.

 

4.40 Leopardstown, Mdn, €16,500, 2yo, f, 7fT
TWINKLE (IRE) (Galileo {Ire}) is a full-sister to the G1 Epsom Derby hero Anthony Van Dyck (Ire) and a half to the G1 Railway S. heroine Bounding (Aus) (Lonhro {Aus}) who debuts for Ballydoyle in a hot maiden. Also having her first start against a clutch of experienced fillies is Moyglare Stud's Homeless Songs (Ire) (Frankel {GB}), a Dermot Weld-trained half-sister to the listed-winning and group-placed Reve de Vol (Ire) (Siyouni {Fr}) from an excellent family.

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