John Magnier News
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Frankel is one win away from retiring unbeaten to stud, where the champion racehorse may earn as much as 100 million pounds ($161 million) siring new generations of thoroughbreds.
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Frankel is one win away from retiring unbeaten to stud, where the champion racehorse may earn as much as 100 million pounds ($161 million) siring new generations of thoroughbreds.
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Dubai ruler Sheikh Mohammed bin Rashid Al Maktoum and members of the Qatari royal family helped push sales at the annual auction of Europe’s top young racehorses to a record this week.
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Prices for top young race horses at Europe’s biggest auction jumped 30 percent following a slow-down in breeding and increased demand from Sheikh Mohammed bin Rashid Al Maktoum, the ruler of Dubai.
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Record prices for George Stubbs and Thomas Gainsborough last night boosted an $80 million test of the auction market for Old Masters.
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Cradling his iPad, Sheikh Fahad bin Abdullah Al-Thani, a member of Qatar’s royal family, casts his gaze on a bay colt.
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Piedmont Inc., the investment vehicle controlled by Bahamas-based billionaire Joe Lewis, said it hasn’t ruled out raising its offer for Mitchells & Butlers Plc, the U.K. owner of the All Bar One pub chain.
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Highclere Thoroughbred Racing , the syndicate that owned the world’s top-rated horse Harbinger, will sell out all its shares next year, Managing Director Harry Herbert said.
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Sheikh Mohammed bin Rashid Al Maktoum , the ruler of Dubai, remains committed to horse-racing even after slashing his spending on young horses by 60 percent this week at Europe’s largest bloodstock auction, his chief buyer said.
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U.K. stocks closed little changed as gains at Mitchells & Butlers Plc and Resolution Ltd. offset losses in Whitbread Plc.
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