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Goodwood announce Qatar sponsorship
22 Dec 2014 12:12
Goodwood racecourse has announced a new 10-year partnership with Qatar, which is the single biggest sponsorship deal in British racing.
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Over £2million will be invested into the prize money for eight key races at the Qatar Goodwood Festival, with a commitment to increase prize money year-on-year.
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Races to benefit from the influx of cash include the Qatar Sussex Stakes which will have a total prize fund of £1million and the Qatar Nassau Stakes which will be worth £600,000, as well as the feature races for juveniles, the Qatar Richmond Stakes and the Qatar Vintage Stakes.
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The inaugural Qatar Goodwood Festival, formerly known as Glorious Goodwood, will take place from Tuesday, 28 July to Saturday, August 1.
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There will be no race run at the meeting worth less than £20,000 while the Qatar Stewards' Cup reverts to its former name, with prize money now totalling £250,000.
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Lord March, owner of Goodwood, said: "I am delighted that Qatar have decided to play a significant part in Goodwood's position as one of the finest racing experiences in the world.
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"Goodwood has, for more than 200 years, been about the best racing in the most English of settings, accessible to everyone. Our partnership with Qatar will make an enormous contribution to horseracing in the UK.
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"I would also like to take this opportunity to thank Qipco for their continued support through our key races in the Qipco British Champions series. This remains important to me and to the success of racing at Goodwood."
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Hamad Al Attiyah, president of the Qatar Equestrian Federation, said: "Thanks to the wise guidance of His Highness The Emir Sheikh Tamim bin Hamad Al Thani, Qatar supports sport all over the world.
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"Goodwood is already one of the most iconic sporting festivals of the British summer season and we are delighted to be the title sponsor over the five days.
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"The sponsorship demonstrates Qatar's further commitment to British racing and, with such huge prize-money on offer, we hope it will help to attract international runners from all over the world as well as continuing to see the best in Britain, France and Ireland.
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"We look forward to working with Lord March and the team at Goodwood and taking the racing festival to a world class racing platform."
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