where the horse is always the hero
Article Item
Posted 2024-06-23 11:57:01  

Newmarket's Guineas festival, King George weekend at Ascot, and the British Champions Series will need new sponsors next year, presenting a challenge for British racing. The Qatar Investment and Project Development Holding Company (Qipco) has decided to end its long-term sponsorship of these events but will continue its headline sponsorship of British Champions Day and its partnership with Ascot until 2026.

Qipco has sponsored the 2,000 and 1,000 Guineas for 14 years, with Frankel’s remarkable win marking the inaugural race under their sponsorship. The King George VI and Queen Elizabeth Stakes, sponsored by Qipco since 2014 after Betfair, will have its final running under Qipco on July 27 at Ascot.

Qipco, a private investment company from Doha led by Sheikh Hamad Al Thani, made a significant impact on British racing in 2015 by announcing a multi-million-pound, ten-year investment in the sport through high-profile sponsorships and prize-money boosts.

David Redvers, Qatar Racing’s manager and the sponsor’s representative, stated, “We wish to concentrate our focus on developing British Champions Day and our partnership with Ascot at the royal meeting. We feel we have helped develop the British Champions Series over the last 14 years and are proud of its achievements, including over one million followers on social media and the Hall of Fame and Club 26 initiatives.”

Amy Starkey, managing director at Jockey Club Racecourses, the largest shareholder in British Champions Series Limited, thanked Qipco for their sustained support and passion for the 2,000 and 1,000 Guineas over the past 14 years. She praised Qipco's investment for the growth of the Guineas festival since 2011.

Betfred sponsors the other three British Classics, including the Derby and Oaks until 2026 and the St Leger this year. Qatar Racing also sponsored the Futurity Trophy at Doncaster after Vertem Asset Management went into administration, but this two-year-old contest now requires a new sponsor for this year.

Qipco has been the inaugural sponsor of British Champions Day since 2011, and their new commitment will extend this support to 16 years. Redvers emphasized that Sheikhs Hamad and Fahad al Thani's commitment to promoting top-tier racing remains strong, noting the success of British Champions Day in attracting a younger audience and solidifying its status in the global racing calendar. 

Email link to a friend | Printable Version
  • Britain
    Displaying 10 ResultsSee All
    haydock racecourse sell non core land 19 hours ago

    Jockey Club Racecourses (JCR) has announced the sale of a portion of land at Haydock racecourse for ...

    View | Add Comment
    city of troy miles ahead in cartier standings 3 days ago

    Three-year-olds are leading the Cartier Horse of the Year standings, with City Of Troy and Porta For...

    View | Add Comment
    mill stream wins july cup7 days ago

    William Buick achieved a significant milestone by securing his 100th win at the highest level while ...

    View | Add Comment
    city of troy guts it out in eclipse 2024-07-07

    City of Troy's win in the Coral Eclipse race, following his Derby victory, highlighted the high rega...

    View | Add Comment
    could it be a rare eclipse double for derby winner2024-07-05

    City Of Troy’s excellence could result in a rare Derby and Eclipse double at Sandown on Saturd...

    View | Add Comment
    clash of generations in eclipse2024-07-01

    In anticipation of Saturday's Coral-Eclipse at Sandown, a clash of generations looms large between C...

    View | Add Comment
    commonwealth cup loses favor with punters at royal ascot2024-06-27

    The Commonwealth Cup at Royal Ascot experienced a significant drop in popularity this year, moving f...

    View | Add Comment
    new sponsor for all british classics announced 2024-06-27

    Betfred is announced today as the new sponsor of Newmarket’s 2000 Guineas and 1000 Guineas fro...

    View | Add Comment
    gold cup rematch; city of troy eyes juddmonte2024-06-25

    Ascot Gold Cup top two, Kyprios and Trawlerman, are set for a possible rematch next month, having be...

    View | Add Comment
    bedtime story amazes2024-06-23

    Aidan O'Brien often showcases promising juveniles at Royal Ascot, but Bedtime Story's performance in...

    View | Add Comment