ENGLISH TEXTS
THEY MADE
THE NEWS
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They are breeders , owners , trainers , jockeys , or thoroughbred horses , and they have made the news this season . We will therefore give a voice to each of them . Every month in our upcoming editions , we will introduce you to our lucky winners .
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OWNER
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KIARASH JOORABCHIAN AT FULL SPEED IN NEWMARKET
Owner Kiarash Joorabchian made a splash at the recent Newmarket yearling sales . Under the purple and white banner of his AMO Racing operation , the British businessman acquired 25 foals for a total of £ 22.94 million , or € 27.54 million . Often accompanied by other young British fortunes and representatives of various Qatari stables , “ Kia “ Joorabchian set the Tattersalls yearling sales alight this October . He largely contributed to the 29 % increase in turnover at this extraordinary sale , which saw the £ 200 million (€ 240 million ) barrier broken for the first time in its long history .
In an interview with ITV Racing during the broadcast of the Newmarket races on October 11 th , “ Kia ,“ who has been making headlines in British racing since the inception of his silks in 2003 under the Karmaa Racing banner , detailed the reasons for this buying spree ...
“ We knew that we had to overpay this week . We are competing against people who have been established for many , many years . And a lot of the horses we bought , like our Wootton Bassetts and stuff , they were out of foal sharing . We were facing people who were bidding at 50 cents to the dollar . And we knew that we had to go for it because the only way for us to compete is to get those high pedigree horses . And we just don ’ t have that level at the moment (...)“
“ It ’ s great for racing , and I hope we ’ ve managed to trigger something that will allow us to compete with the big guys . I think it ’ s great for other people in racing . They will go , wow , we can do that too and come in and expand . Because I think it ’ s a shame just to have two or three people always at the top for the industry , for the sport , much more than for us . I hope that we have managed to lift it . For the vendors , we ’ ve spent a lot of hard time . You know , those vendors really struggled sometimes to get there . And I ’ m glad that we managed to boost it for the whole market .”
Kia Joorabchian ’ s intervention is a strong signal for the racing world . His willingness to invest heavily and compete with established giants could reshuffle the deck . It will be interesting to follow the evolution of his strategy and its impact on the horse racing industry in the months and years to come .
GODOLPHIN REMAINS IN THE LEAD
The extraordinary raid by AMO Racing and various Qatari entities did not prevent Sheikh Mohammed from remaining king of the show at Tattersalls , through his Godolphin stable . When the last of the 351 yearlings was sold in Book 1 of the sale , which has four catalogues , the blue silks of the ruler of Dubai had filled 18 slips for a total of £ 22.02m , while his challenger peaked at £ 19.575m with 17 lots purchased . However , if we add the 7 purchases of Al Shaqab associated with AMO Racing , we get a total of £ 22.14m , a difference of £ 120,000 . That ’ s the price of an Aston Martin Vantage , the entry-level model from the winged emblem firm .
Quartile Table Illustration The Top End Makes the Market . This interesting statistic shows the evolution of the four quartiles of the catalogue , from the most expensive to the least expensive . The average price of the more modest quartiles changes little . On the other hand , there is a great volatility in the extreme market , which varies from less than an £ 300,000 average to more than £ 450,000 over three years , i . e . almost 50 %... Conversely , the last quartile has marginally decreased since 2022 . Remember that each quartile includes a similar number of foals entered , i . e . consignors .
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