As they say, money talks. Exciting times for prestigious racing investment fund Phoenix Thoroughbreds Limited.
Race fans have seen a number of their exciting race horses in the last couple of years including Jeremy Noseda's Gronkowski, who went close to landing a big pot when runner-up in the Belmont Stakes Grade 1 back in June.
Recent purchase, Advertise, trained by Martyn Meade, formerly in the ownership of Manton Estate Racing, proved a wise acquisition when taking the Phoenix Stakes (Group 1) on Sunday in a small field populated by Aiden O'Brien. He beat So Perfect by half a length. Advertise has proven to be a great investment for his original owners who paid just £60,000 at Goffs UK Premier Yearling Sale 2017. He is earmarked for the Dewhurst Stake (Group 1) at Newmarket later this year.
Formed in 2017, Phoenix Thoroughbred Racing has invested more than $25 million while establishing stables in United States, Australia, Europe & United Arab Emirates. The investment fund was founded by Dubai-based businessman and racing fan Amer Abdulaziz.
In the UK we are beginning to witness the influence of this powerful owner but in the United States a number of exceptional talents have hit the headlines including the Bob Baffert-trained Dream Tree, who won at Grade 1.
This season, Karl Burke, among other trainers, has received a number of potentially smart two-year-olds. Mistress Of Love makes her debut today (1:35 Ayr) in the British Stallions EBF Fillies' Novice Stakes (Plus 10) (Class 4) (2yo) over 7f (50y) on good going. This daughter of Scat Daddy cost $1000,000 when purchased at the Keeneland 2017 September Yearling Sale by Kerri Radcliffe Bloodstock. The mare, Beloved, raced three times but her offspring fetch good money at the sales. A couple sired by Tapit (USA) have sales tags of ($420,000 & $500,000). Mistress Of Love has an entry for the Debutante Stakes (Group 2) in the Curragh (26th August). She is priced 1/2f to taste success today at Ayr.
Note: Disappointed in 5th place.
Interesting to note that Burke has another two-year-old in the same ownership called Kadar who cost 700,000 euros at the breeze-up sales. He was entered to run at the weekend but withdrawn with a vet's certificate. This son of Scat Daddy is highly regarded and holds a few lofty entries including the Futurity Stakes (Group 2) at the Curragh, Champagne Stakes (Group 2) & National Stakes (Group 1). By all accounts a smart colt who should go well on debut.
Advertise Wins The Phoenix Stakes (Group 1)
Advertise wins the G1 @keeneland Phoenix Stakes for @MMeadeRacing & @FrankieDettori. A first Bristish trained winner of this Group 1 contest since 1997! pic.twitter.com/Ok9sJIsNWh— Curragh Racecourse (@curraghrace) August 12, 2018
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