Phoenix Thoroughbred, from Purebred Arabians to the Kentucky Derby

15.03.2018

Phoenix Thoroughbred, from Purebred Arabians to the Kentucky Derby

Dubai Racing have broadcast an interview with Amer Abdulaziz, executive Director of Phoenix Thoroughbred. Information on this investment fund has been short-coming, although they have been the talk of sales rings across the world over the last year. This rising force in the racing industry began with Purebred Arabians. Amer Abdulaziz, the director of Phoenix Thoroughbred, commented: "We started about five years ago, it took a lot of time and a lot of work has been done over the five years to bring together investors (…) Most of our investors are from Europe, American and Australia. We don’t have any investors from the region [editor's note: Gulf counties]. This is why we are racing at Meydan, in order to attract the investors (…) We wanted to compete in Dubai, it’s a short season but the prize money is excellent (…) My passion began with Purebred Arabians. I grew up on a stud farm in Bahrein." Phoenix Thoroughbred has had an impressive start in racing, with the Dream Tree (Uncle Mo), winner of the Starlet Stakes (Gr. I) in December 2017 on the dirt at Los Alamitos.

Huge investments. In 2017, across the world, Phoenix Thoroughbred has spent over 20 million dollars for yearlings at public auction. Kerri Radcliffe signed the docket at 1.4 million Euros on behalf of the company at last year’s Arqana Breeze Up for Walk in the Sun (Street Sense). In January, in Australia, this investment fund partnered with Zuesheng Zhang, from China, Aquis Farm (whose owner is also from China) and Ciaron Maher to buy the full brother to the sprinter Sizzling (Snitzel), winner of the TJ Smith (Gr. I), for 1.6 million Australian dollars (1.05 million Euros). In November 2017, Amer Abdulaziz announced that they had bought a majority share in Aclaim (Acclamation), winner of the Qatar Prix de la Forêt (Gr1), who retired to stud in 2018 to join the stallion ranks at the National Stud in Newmarket.

The Kentucky Derby in his sights. Amer Abdulaziz unveiled his main objective for the season during this interview: to win the Kentucky Derby. Although they did not have a runner in last year’s race, they already have three potential candidates for Churchill Downs: Mourinho (Super Saver), trained by Bob Baffert, but who, since the interview, ran poorly for his seasonal debut, Walk in the Sun, the top price at the Arqana breeze up, will have the UAE Derby as his first target, and finally Gronkowski (Lonhro), who won easily for his seasonal debut at Newcastle… Once again, the thoroughbred racing industry is benefitting from investors who come from the world of Purebred Arabians.