BRITISH EBF REVIEW 2017 1/28 British EFB Review 2017 3/12

“WE ARE WELL AWARE OF THE IMPORTANT ROLE THAT SPONSORS PLAY WITHIN THE RACING INDUSTRY AND WE WOULD LIKE TO TAKE THIS OPPORTUNITY TO EXPRESS OUR APPRECIATION OF YOUR SUPPORT.”

“THIS SPONSORSHIP HELPS US ALL TO HAVE THE CONFIDENCE TO BUY AND OWN YEARLINGS. PASSION IS NEEDED BUT GOOD PRIZE MONEY IS ALSO VERY IMPORTANT.”

“THE EBF IS, WITHOUT DOUBT, THE MOST IMPORTANT SPONSOR OF ALL CHAIRMAN’S The British EBF has been part of the The work that the British EBF does is fabric of horseracing in Great Britain extremely important to the health of TO US, AS I HAVE COUNTED NO LESS INTRODUCTION since 1983 when a small group of our racing and despite its heritage, it is forward thinking and industrious sometimes misunderstood or overlooked THAN TWENTY EBF SPONSORED RACES breeders and stallion owners set about by the racing industry. As a result, the formulating an industry self-help trustees of the BEBF have encouraged the WON THIS YEAR BY OUR HORSES! mechanism in a response to dwindling production of an annual review to inform WHAT A STATISTIC THAT IS.” prize money. the industry and to provide a greater level of transparency to our benefactors whose Over 30 years later the organisation is as generosity facilitates one of racing’s most relevant today as it was at its inception; essential avenues of support. the British EBF works to promote races which are of benefit to the Thoroughbred and protect those races that are integral PHILIP MITCHELL “IT IS FANTASTIC FOR to the diversity of the race program but Chairman, British EBF SMALL OWNERS TO HAVE that might otherwise fall foul of fashion and attractiveness as a betting product. THE OPPORTUNITY, WITH The remit of the British EBF is specific, A GOOD HORSE, TO WIN with the majority of the income to the fund being reinvested directly in to SUCH SUBSTANTIAL prize money via the BHA Claim System. PRIZE MONEY.” This means our money does not go into the profit and loss of a racecourse’s sponsorship budget but rather to where it is needed most – to British based owners.

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SINCE IT’S LAUNCH IN 1983, THE BRITISH EUROPEAN BREEDERS’ FUND HAS ALLOCATED OVER £33,100,000 TO THE BRITISH RACING INDUSTRY

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TRUSTEES OF THE BRITISH EBF 2017

ELARQAM wins British EBF Maiden, York

PHILIP MITCHELL JULIAN RICHMOND WATSON JAMES MCHALE SIMON MOCKRIDGE SAM BULLARD CHRIS RICHARDSON CHAIRMAN TBA CHAIRMAN JUDDMONTE FARMS DARLEY STALLIONS CHEVELEY PARK STUD Formerly General Manager of Juddmonte Julian currently serves as Chairman James was appointed as head of In 1981 Simon was initially employed Sam is Director of Darley Stallions Chris has been Managing Director of Farms; Philip chairs both the board of of The Thoroughbred Breeders’ Weatherbys Bloodstock in December to work at Prince Khalid’s foundation for Godolphin Management Co Ltd the Thompson’s Cheveley Park Stud trustees and the British EBF flat race Association. His previous roles include 2016. He was founder, and director, of farm Wargrave (formerly and now having joined the company in 2001. since 1987 following work in France planning committee. Philip is also a Chairman of Newmarket Racecourses, Progeny Stallions Ltd, and has held a known as Cayton Park Stud). In 1987 Sam’s career in the thoroughbred and the USA, including for the Niarchos board member and consultant to the Senior Steward of The , number of senior management positions Simon relocated to Newmarket and was industry started as an assistant trainer family at the Haras de Fresnay Le Buffard National Stud in Newmarket. Chairman of BHB Race Planning working with high profile clients promoted to Stud Manager, to help set in Newmarket after four years in the in France, where he looked after the Committee, Member of the BHB Board, within the industry. He has extensive up the newly purchased Banstead Manor Household Cavalry. He gained further stallions including the great NUREYEV. Chairman of the Epsom Race Committee, bloodstock knowledge, gaming and Stud. In 2016 Simon was appointed experience in Kentucky and Santa Chris then managed Spring Oak Farm Director of United Racecourses, and betting industry experience, was the top Stud Director of Juddmonte’s UK farms. Anita, California before returning in Lexington Kentucky for 6 years, Non-Executive Director of Pure Gym ranked management trainee in 2009 on Simon holds board roles with the to work in the UK at The National before returning to England to join Ltd. Richmond-Watson owns a stud the Darley Flying Start Programme and Newmarket Stud Farmers Association Stud. Sam has run his own successful Cheveley Park Stud. farm in Northamptonshire and has bred Assistant Trainer to Ian Williams. (NSFA) and Thoroughbred Breeders’ bloodstock consultancy and been a a number of winners including LOOK Association (TBA) Veterinary Committee. keen amateur jockey with 40 winners HERE, the 2008 Epsom Oaks winner. in point to points and under rules. SIMON SWEETING OVERBURY STUD PETER MENDHAM In addition to his responsibilities at Simon took up the lease on Overbury TBA TRUSTEE Darley Stallions and the British EBF, Stud in 2000 which coincided with Peter is a member of the Board of the he is past Chairman and remains on the opportunity to stand KAYF TARA Thoroughbred Breeders‘ Association and the Board of and and the launch of Overbury Stallions is a TBA nominated trustee. He is a tax the Thoroughbred Breeders’ Association Ltd. In the early 1990s he spent four specialist with many years of experience and is a trustee of World Horse Welfare. seasons at Warren Place as Assistant to working in the bloodstock industry. On a Sir Henry Cecil – years that included personal level he has at various times an BOSRA SHAM’S 1,000 Guineas win. owner, breeder and pin-hooker. This was followed by a year in New York overseeing Bobby Frankel’s string and a further three years with Luca Cumani.

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FOUNDING Under the guidance of Our income streams: HOW IS THE PRINCIPLES the EBF Co-Ordinating BRITISH EBF Committee, the British EBF mandate is to: FUNDED? 1 78% is currently from • Support & protect races of contributions from British Stallion • Provide financial support for value to the Thoroughbred equine research beneficial to the owners nominating their horses Thoroughbred horse • Implement new races for (and therefore the resulting the benefit of the breed • Ensure a minimum of 70% of 2yo progeny) in to the scheme. maiden/novice races in GB are • Promote and support organisations confined to EBF eligible runners whose purposes include assisting and improving the breeding Farms register their stallions in of Thoroughbred horses June and pay the balance of the contribution (calculated from the number of mares covered in the preceding covering season) in December the same year.

2 18% of the revenue is generated from international stallion owner contributions. These are farms outside of the EBF member area (for example the USA and Japan) that wish the progeny of their stallions to be eligible to run in EBF races in Europe.

3 The remaining 4% comes from owners and purchasers paying to opt individual horses in to the scheme that are not the progeny of EBF nominated stallions.

FLEUR FORSYTE wins EBF Galtres Listed Stakes, York 8 9 BRITISH EFBBritish REVIEW EFB Review 2017 2017

HOW DOES The size of the investable fund each year is TEN THINGS THE BRITISH dictated by the strength and diversity of the 1 2 TO KNOW stallion population. In 2017, this translated in We are Great Britain’s third EBF investment accounts EBF INVEST to £1.6million for flat racing and £125,000 largest sponsor by the number for 24% of the prize money ABOUT of races covered and total available across the races THE FUND? for . prize fund we support THE EBF

1. Flat Prize Money 3. NH Prize Money £1.52million of the fund is put Approximately £125,000 a year is directly in to boosting the prize invested in National Hunt prize money of a wide range of flat money and supporting the breeding races across the programme. of National Hunt young stock. 3 4

This money goes direct to In addition, ring-fenced funds are Over 99.3% of 2yos racing In agreement with the BHA, owners through the BHA used for: in Great Britain were EBF we do not support Group races prize money system and is qualified in 2017 in GB so as not to restrict the not intended as commercial 4. Veterinary Research possibility of visiting international income for racecourses. £20,000 per year. We are currently horses running at flagship meetings part funding a project in to parasite 2. British EBF Development Fund resistance research at the University £80,000 is set aside annually of Cambridge in conjunction with and courses are encouraged to the HBLB (Levy board) and the TBA apply for investment to either (Thoroughbred Breeders’ Association). enhance or initiate flat races that fit the EBF mandate to 5. UK Emergency Disease improve the breed. Outbreak Fund 5 6 £50,000. In the event of an equine We sponsor Europe’s most 78% of our annual investment disease outbreak in the Thoroughbred valuable 2yo Maiden race – the comes directly from the population, this money may be British Stallion Studs EBF Convivial income from stallions based accessed to affect emergency help. Maiden at York, worth £70,000 in Great Britain

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The Bloodstock industry Independently owned (British EBF, Stallion Studs & racecourses receive a larger TBA) is GB racing’s second proportion of the British EBF largest sponsor fund than either of the two large racecourse groups

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We are a major contributor to The British EBF is part of a the All-Weather Championships cooperative of six countries (Fillies’ and Mares Division) which have invested well including several of the Fast over €100,000,000 to Track Qualifiers strategically improve prize money across Europe 10 11 BRITISH EFB REVIEW 2017

BRITISH EBF FINANCIAL SUMMARY

12 13 SUMMARY HISTORICAL OF 2017 INVESTMENT FLAT SEASON IN FLAT INVESTMENT PRIZE MONEY 2013 - 2017 £995,500 £1,0 67,50 0 £1,309,000 £1,600,000 £1,600,000

2013 2014 2015 2016 2017

3YO/3YO+ DEVELOPMENT 2YO RACES MAIDEN, NOVICE & FUND £530,0000 636 CONDITIONS RACES £80,0000 £160,0000 RACES OVER 36 RACECOURSES

5% 10% £1.6 M 33% £ 7.91M INVESTED DIRECTLY IN TO 20% THE TOTAL PRIZE VALUE PRIZE MONEY, SUPPORTING OF BRITISH EBF CONFINED RACES WORTH A TOTAL OF RACES IN 2018 WILL £6,713,900 IN 2017 EXCEED £7.9M

32%

3YO/3YO 3YO/3YO + LISTED RACES +RACES 14 £320,000 £510,000 15 BRITISH EFB REVIEW 2017

2016/17 2017/18 BRITISH EBF PROJECTED NATIONAL HUNT BRITISH EBF SUPPORT NATIONAL HUNT SUPPORT 84 81

RACES OVER 41 RACECOURSES RACES OVER 40 RACECOURSES £125,000 £125,000

INVESTED DIRECTLY INTO TOTAL PRIZE VALUE OF EBF NH PRIZE MONEY IN 2016/17 CONFINED NATIONAL HUNT SEASON, SUPPORTING RACES RACES IN 2017/18 WILL WORTH A TOTAL OF £652,000 EXCEED £798,500

CONTINUED SUPPORT SUPPORT OF NH FOAL SHOW OF NH FOAL SHOW AND AND STALLION PARADE EBF Mares’ NH Novice Hurdle Finale, STALLION SHOWCASE 2018

EBF NH RACES by Category EBF NH RACES by Category 2016 - 2017 Season 2017 - 2018 Season

RACE TYPE SERIES TPF NO OF RACES %AGE RACE TYPE SERIES TPF NO OF RACES %AGE

EBF Novice Hurdle Qualifiers 2016/17 £249,000 41 38.2 EBF Novice Hurdle Qualifiers 2016/17 £374,900 40 47.5

EBF Mares’ Novice Hurdle Series 2016/17 £132,000 14 20.3 EBF Mares’ Novice Hurdle Series 2016/17 £147,000 16 18.6

EBF/TBA Mares Novice Chase Series 2016/17 £155,500 12 23.9 EBF/TBA Mares Novice Chase Series 2016/17 £161,300 12 19.9

EBF Standard Open NH Flat Races 2016/17 £84,900 15 13.0 EBF Standard Open NH Flat Races 2016/17 £88,900 11 10.0

EBF NH Feature Races 2016/17 £26,500 2 4.0 EBF NH Feature Races 2016/17 £26,500 2 3.4

Support for TBA National Hunt Foal Show £4,000 -- 0.6 Support for TBA National Hunt Foal Show £4,000 -- 0.5

Support for TBA National Hunt Stallion Showcase £1,500 -- 0.2 Support for TBA National Hunt Stallion Showcase £1,500 -- 0.2

£653,400 £804,100

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BRITISH EBF LONGINES WORLD’S BEST RACEHORSE GRADUATES RANKINGS: EUROPE’S THIRD HIGHEST 2017 RATED 2YO ROARING LION (KITTEN’S JOY), WAS A TWO TIME BRITISH EBF GRADUATE OF 2017 HORSE GRADUATED VIA: 2017 GROUP RACE(S)

BARRAQUERO Won: Daily Racing Specials Won: Qatar Richmond Stakes (GR.2) (Zebedee) At 188Bet/EBF Stallions Novice Stakes (Chepstow)

CARDSHARP Won: EBF Novice Median Won: Arqana July Stakes Gr.2 (Lonhro) Auction Stakes (Brighton) Third: Juddmonte Middle Park Stakes

HEARTACHE Won: EBF Stallions Fillies’ Novice Won: Queen Mary Stakes (Gr.2) (Kyllachy) Stakes (Plus 10 Race) (Div II) (Bath) Won: Flying Childers Stakes (Gr.2)

JAMES GARFIELD Placed: British Stallion Studs EBF Won: Dubai Duty Free (Exceed And Excel) Maiden Stakes (Div II) (Leicester) Stakes (Gr.2)

SANDS OF MALI Won: myracing.com EBF Novice Won: Gimcrack Stakes (Gr.2) (Panis) Stakes (Nottingham)

KHALIDI Won: EBF Stallions Cocked Hat Second: King Edward VII Stakes (Gr.2) (High Chaparral) Stakes (Listed) (Goodwood)

INVINCIBLE ARMY Placed: Matchbook Betting Exchange Second: Gimcrack Stakes (Gr.2) (Invincible Spirit) EBF Novice Stakes (Goodwood) Second: DDF Mill Reef Stakes (Gr.2)

HEADWAY Placed: Dreweatts Newcomers’ EBF Second: Coventry Stakes (Gr.2) (Havana Gold) Stallions Maiden Stakes (Newbury) Third: Gimcrack Stakes (Gr.2) Won: British Stallion Studs EBF Maiden (Chester)

MADELINE Won: Basketmakers Company Second: Lowther Stakes (Gr.2) (Kodiac) Celebration EBF Fillies’ Novice Third: Cheveley Park Stakes (Gr.1) Stakes (Goodwood)

SANTRY Won: British Stallion Studs EBF Novice Second: Norfolk Stakes (Gr.2) (Harbour Watch) Stakes (York)

ZAMAN Won: British Stallion Studs EBF Second: Qatar Vintage Stakes (Gr.2) (Dutch Art) Spindrifter Conditions Stakes (Pontefract)

LANSKY Won: EBF Novice Stakes (Windsor) Third: Acomb Stakes (Gr.3) (Dark Angel)

MILDENBERGER Won: EBF Novice Stakes (Div I) Third: Juddmonte Royal Lodge (Teofilo) (Newbury) Stakes (Gr.2) Third: Qatar Vintage Stakes (Gr.2)

TAKE ME WITH YOU Placed: Margaret Giffen Memorial EBF Third: Albany Stakes (Gr.3) (Scat Daddy) Novice Stakes (Plus 10 Race) (Div I) (Newmarket)

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BRITISH EBF As part of the British EBF’s continuing support INITIATIVES of the staying programme, a series of two-year- old maiden/novice races for progeny of staying SIRE/DAM RESTRICTED stallions was instigated in 2015 and developed MAIDEN RACES between the BHA and British EBF.

The races are split in to two • The number of races was increased categories: one for progeny of to 12, from 10 in 2016 and four in stallions or mares that won over the first year of the initiative. 10f or more and a stouter one for • The average field size has improved progeny of those that won over 12f from 6.6 in 2016 to 7.7 in 2017 or more. They offer opportunities (BHA statistics). later in the season for 2yos who may • All races are run with a minimum be campaigned in staying races later total prize fund of £10,000, with in their careers. They were created some being worth up to £25,000. in 2015 in response to a review by the BHA Flat Racing Committee HERCULEAN (Frankel) and ELARQAM highlighting a lack of opportunities (Frankel), both won EBF Sire/Dam for juvenile staying types and to help Restricted Maiden races in 2017 and meet a goal of further enhancing the hold entries for runs in the Gr.1 Two stayers programme. Thousand Guineas in 2018.

PEACH MELBA wins EBF Breeders’ Series and TBA bonus, Newmarket 2017

After its successful launch in 2016, the British European BRITISH EBF BREEDERS’ FILLIES’ Breeders’ Fund (BEBF) and the Thoroughbred Breeders’ SERIES OF HANDICAPS Association (TBA) again joined forces on the renewal of the British EBF Breeders’ Fillies’ Series.

The 20-race programme has a total The culmination of the programme prize fund of £625,000, made up of was a flagship day of finals at British EBF contributions of £305,000, Newmarket’s Rowley Mile on match funded or better by participating Saturday 7th October, where each racecourses. of four finals were worth £50,000.

There are 4 qualifiers and a finale for The one-mile “British Stallion Studs each distance category: 6f, 8f, 10f and EBF Breeders’ Fillies’ Series Handicap 12f with the ultimate aim of the series Stakes” was won by Lowther Racing being to provide viable developmental homebred PEACH MELBA (Dream racing prospects for 3yo+ fillies which Ahead ex Nellie Melba); one of three compete just under stakes level. runners across the card who was eligible for a £25,000 bonus which took the form of a stallion nomination voucher, generously contributed by the Thoroughbred Breeders’ Association (TBA). HERCULEAN wins British EBF Sire/Dam Restricted Maiden, Ascot 2017 20 21 BRITISH EFB REVIEW 2017

NATIONAL The majority of the annual EBF contribution to HUNT RACING National Hunt racing is focused on supporting the aims of the British Horseracing Authority (BHA) and PROJECTS Thoroughbred Breeders’ Association (TBA) in their PRIZE MONEY SUPPORT aims to create a coherent race programme for mares, in turn encouraging owners and trainers to race their mares more often and ultimately test them on the race track to support future breeding decisions.

The support is split in to three at Listed class or above. In addition, categories: Mares’ Novice Chase the EBF run a very successful open (co-supported by the TBA); Mares’ Novice Hurdle series which covers Novice Hurdle and a Mares’ 40 qualifiers and culminates in a National Hunt Flat races; each £75,000 final at Sandown Park. carrying a valuable spring final

TBA Stars of Tomorrow NH Foal Show 2017

NATIONAL HUNT STALLION BREEDERS’ SUPPORT PARADES/

SHOWCASES TBA STARS OF TOMORROW NATIONAL HUNT FOAL SHOW The British EBF contribute annually to both the National Hunt Stallion Showcase (Doncaster) and the The British EBF are substantial Flat Stallion Parade at Tattersalls supporters of the TBA Stars of (Newmarket) and send representatives Tomorrow National Hunt Foal Show, to both events. held each year at Bangor on Dee Racecourse. The show gives breeders an opportunity to showcase their young stock to a high-profile panel of experts; the British EBF sponsor the hospitality, hosting up to 200 National Hunt owners, breeders and stallion masters.

DREAM TODAY wins Europe’s most valuable Maiden Race, the British EBF Convivial Maiden, York 22 23 BRITISH EBF The trustees of the British EBF would like to thank the following CONTRIBUTING STUDS British stallion studs whose generous contributions have enabled our record breaking investment in GB racing during 2017

BATSFORD STUD LONGDON STUD BEARSTONE STUD MICKLEY STUD

BEECH TREE STUD MOOR END STUD BEECHWOOD GRANGE STUD NATIONAL STUD BUCKLANDS FARM & STUD NEWSELLS PARK STUD BWLARTH FARM NORMAN COURT STUD CHEVELEY PARK STUD NORTON GROVE STUD COLMER STUD NUNSTAINTON STUD DARLEY OAKGROVE STUD DONCASTER RACING TEAM/HOME FARM OVERBURY STUD EAST LYNCH STUD PETCHES FARM EISENFARN STUD PITCHALL FARM ELUSIVE BLOODSTOCK ROYAL STUDS GAZELEY STUD SCARROW HILL STUD GIRSONFIELD STUD SHADE OAK STUD GROVECOURT STUD SHADWELL ESTATE COMPANY LTD HAWSON STABLES SIDEHOUSE STUD HEDGEHOLME STUD STONEHOUSES HIGHCLERE STUD THROCKMORTON COURT STUD JUDDMONTE FARMS TWEENHILLS FARM & STUD KINGFISHER STALLIONS VAUTERHILL STUD LANWADES STUD WHITSBURY MANOR STUD LLETY FARM WITHYSLADE LODGE FARM YORTON FARM

SANDS OF MALI 2017 Gr.2 Gimcrack Stakes winner 24/2824 25 THE EXECUTIVE “THE BRITISH EBF PLAYS AN INCREDIBLY VALUABLE ROLE IN BRITISH RACING. THEIR PRIZE MONEY CONTRIBUTIONS

KERRY MURPHY TO SUPPORT KEY INDUSTRY INITIATIVES, INCLUDING CEO, EUROPEAN BREEDERS’ FUND RACES FOR FILLIES AND MARES, AS WELL AS STAYERS, Kerry joined the EBF in January 2013 having previously run the successful IS OF SIGNIFICANT LONG-TERM BENEFIT TO THE SPORT.” Racing Post Yearling Bonus Scheme. MARTIN CRUDDACE, ARC CHIEF EXECUTIVE

Kerry’s previous industry experience includes 12 years with Juddmonte Farms and 6 with multiple Champion trainer Sir Michael Stoute. Kerry is responsible for the overall running of the European wide cooperative “WE ARE PROUD TO STAGE THE LARGEST NUMBER OF EBF that makes up the EBF. RACES AT THE JOCKEY CLUB’S RACECOURSES AND THUS HELP TO FACILITATE THIS IMPORTANT INITIATIVE FOR CHERYL CAVES OPERATIONS MANAGER, HORSEMEN AND HELP TO SHOWCASE TO THE INDUSTRY BRITISH EBF/EBF WHAT A SIGNIFICANT CONTRIBUTION THE BRITISH EBF Cheryl joined the EBF team in 2002 having previously worked at Godolphin’s IS MAKING TO RACING IN THIS COUNTRY.” Newmarket stud and as a student on ’s Diploma course. She is STEPHEN WALLIS, THE JOCKEY CLUB responsible for the day to day running of the British EBF including handling all British-based stallion registrations, managing meetings of the British Trustees and Race Planning Committee and overseeing the implementation of BEBF policy. “WE WORK WITH THE EBF ACROSS ALL OUR RACECOURSES, EVERY YEAR AND RACHAEL GOWLAND CONTRIBUTORS AND CREDITS MARKETING & COMMUNICATIONS ARE PARTICULARLY GRATEFUL FOR MANAGER, BRITISH EBF Editor Rachael Gowland Design & Print www.studiotangerine.co.uk THEIR SUPPORT OF THE ALL-WEATHER Rachael joined the BEBF in March 2017 Contributor David Letts, Mary-Ann Sandercock after starting her career with Mark Johnston CHAMPIONSHIPS THROUGH THE Racing and Amanda Perrett before Photography Credits completing the National Stud Diploma in Dan Abrahams, racingfotos.com WINTER MONTHS.” Ian Hedington, racingfotos.com Stud Practice and Management. After seven Jeremy Philips JON PULLIN, ARC RACING DIRECTOR years at the National Stud she moved to John Hoy, Hoy Cubed Photography Shadwell Estate Company Ltd to head up the Marketing and Nominations team. Thoroughbred Breeders’ Association Trevor Jones Rachael’s British EBF responsibilities include marketing, PR and communication; liaison Disclaimer with the BHA and racecourses. She is the While every effort is made to ensure the “THE CONTRIBUTION THAT THE EBF British EBF representative at race meetings accuracy of the information contained in this publication, the British EBF accept no MAKES TO THE SPORT THROUGH and industry events. responsibility for any error or omission that may arise. All statistics correct at time of PRIZE MONEY AND SPONSORSHIP going to press. This document may not be reproduced in any form or by any means without the prior written consent of the IS TREMENDOUS.” British EBF. NICK RUST, BHA

26 27/28 For further details, contact: British EBF, 119 High Street, Newmarket, , CB8 9AE T: +44 1638 667960 E: [email protected]

BritishEBF www.ebfstallions.com