Tag Archive for: Qatar Racing

A Study of Owners in UK Flat Racing, Part 2

This is the second of a two part series looking at some owner data for UK flat horse racing, writes Dave Renham. The period of study covers 1st January 2019 to 8th September 2024. Profit and loss figures have been calculated to Industry Starting Price (ISP), but I will quote Betfair SP (BSP) when appropriate.

In the first piece I shared data for the major owners who had the top 25 strike rates during this time frame and drilled into three - the Godolphin operation, Shadwell Estate and Cheveley Park Stud. To begin with in this piece, I will review the man with the second-best strike rate overall.

Mark Chan

Backing Marc Chan-owned horses in Britain during the study period has returned a tidy profit to SP of £34.12 (ROI +20.1%) with a strike rate close to one win in every four. Chan, a Hong Kong businessman, has a small but select group of horses that race in the UK. Initially, he owned and raced horses solely in Hong Kong, however in more recent years he has spread his wings. Saturday August 26th 2023 is a date that will be etched in his memory forever, as he landed an impressive treble that day with Angel Bleu winning the Group 2 Celebration Mile at Goodwood, Kinross the City of York Group 2 contest at York just 20 minutes later and then, 55 minutes after that, Lezoo prevailed in the Listed Hopeful Stakes at Newmarket. Three Class 1 wins at three different courses in just 1 hour and 15 minutes.

Most of Chan's horses are trained by Ralph Beckett and their record together reads: 38 wins from 144 starts (SR 26.4%) for a profit of £27.37 (ROI +19%). To BSP this improves to £44.34 (ROI +30.8%). Chan also has a couple of horses in training with John and Thady Gosden. Currently the Chan/Gosden combination has seen 4 wins from 11 starts.

Mark Chan Runners by Gender

One stat that stands out with Chan’s horses is the difference in success between his male runners and his females. Let’s look at the strike rates first:

 

 

Male horses have been 1.8 times more successful in terms of winning races than female horses. There have been more male runners, but still a fairly even split (94 male; 76 female). In terms of returns to SP there is a considerable difference:

 

 

That disparity equates to around 63p in the £ between the SP returns for male horses compared to female ones.

Other Mark Chan Runner Stats

There are three further subsets of stats I’d like to share:

1. Chan’s runners performed well when priced 6/1 or shorter. This group of runners secured 36 wins from 96 (SR 37.5%) for a profit of £35.62 (ROI +37.1%); A/E index 1.31.

2. Focusing on the Grade 1 tracks (Ascot, Doncaster, Epsom, Goodwood, Newbury, Newmarket, Sandown, York), Chan secured a 21.5% strike rate (20 from 93) for an SP profit of £13.60 (ROI +14.6%); A/E index 1.29.

3. Chan-owned two-year-olds have performed extremely well with the benefit of at least one previous run. These juveniles have won 16 of their 43 starts hitting a huge strike rate of over 37%. Returns have been 34p in the £ to SP, 44p to BSP. Compare this to his 2yo debutants who have scored only three times from 21 (SR 14.3%).

As I’m writing this, Kinross has just won for a tenth time (eighth for Chan) winning the Park Stakes (Group 2) at Doncaster.

 

Sheikh Mohammed Obaid Al Maktoum

I want to concentrate on the past three years for this Dubai-based owner as his team has excelled during that timeframe. Sheikh Obaid's prizemoney earnings have exceeded £1.5 million in each of the three years, and each year has seen his strike rate north of 20% (21.4% in 2022, 20.9% in 2023 and an impressive 24.7% so far in 2024). Backing all runners ‘blind’ in the past three years would have seen a £85.28 profit to SP; to BSP it stands at a very healthy +£164.41 (ROI +26.6%). It should also be noted that his figures are not skewed by several big-priced winners.

At the front end of the market, Sheikh Obaid has proved profitable to follow, with his favourites and second favourites having combined to win 92 races from 256 (SR 35.9%) for an SP profit of £18.20 (ROI +7.1%). To BSP this improves to £36.03 (ROI +14.1%).

Sheikh Obaid Runners by Age

Moving onto age of horse now and here are the splits:

 

 

Two-year-olds have an excellent record as have those aged four. What is interesting about the 2yo results is what happens when we compare win strike rates based on number of career starts. Normally 2yo debutants score much less frequently than those that have run before. However...

 

 

...as can be seen here, Sheikh Obaid-owned juveniles on debut have won more often than any other subset and, at a ridiculously high 29.9% strike rate for 2yo debutants. The average strike rate for all 2yo debutants in the past three years stands at just 8.4%. Here are the full figures for these 2yos on debut:

 

 

To BSP these figures improve further to  profit of £99.37 (ROI +129.1%). Backing Sheikh Obaid-owned debutants has been a license to print money in the past three seasons.

Sheikh Obaid Runners by Trainer

It’s trainer time next and here are the stats for all runners from any stable that has saddled more than 40 runners for Sheikh Obaid:

 

 

Karl Burke looks the stand-out performer and, if ignoring his bigger-priced runners (14/1 or more), the overall profit improves by £26 to £87.08. His 2yos have been exceptional winning over 36% of the time (16/44) and returning 42p in the £ to SP, 60p to BSP.

Kevin Ryan has a good record in novice events for the Sheikh, scoring ten wins from 36 (SR 27.8%) for a tidy profit of £19.40 (ROI +53.9%). To BSP the profit stands at £30.46 (ROI +84.6%). Sticking with Ryan, when his runners have been in the top three in the betting they have won over 30% of the time (17 wins from 56) returning 39p in the £ to SP, 56p to BSP.

Roger Varian also has a couple of positive stats to feedback to you. Firstly, when Jack Mitchell has ridden their record reads 12 wins from 40 (SR 30%) for a profit of £10.83 (ROI +27.1%). To BSP that improves by a further 9p in the £. In Class 5 events Varian has a 35.7% strike rate thanks to ten wins from 28. Returns to SP stand at 18p in the £, 31p in the £ to BSP.

Unfortunately for Varian, and to a lesser degree for us punters, Sheikh Obaid removed all of his horses from Varian's Carlburg Stables last month.

Sheikh Obaid Runners by Race Class

There has been excellent consistency over the last three years from the runners of Sheikh Obaid which is highlighted nicely by an analysis of race class. His runners have produced profit to SP in every single class of race as the graph below shows:

 

 

Obviously, to BSP these figures improve still further. Sheikh Mohammed Obaid Al Maktoum is by all accounts a demanding owner, but he does seem to be one to keep a close eye on at present.

 

Amo Racing Limited

Amo Racing Limited was founded by football agent Kia Joorabchian and they have had over 200 winners in the past six seasons. However, this year has not gone so well hitting a strike rate of below 10% compared with over 16% when combining the years 2019 to 2023. There have been plenty of ups and downs already with horses being taken away from trainers and jockey Kevin Stott being sacked after eight months of an initial one-year contract; Joorabchian certainly seems to do things his way.

To date he has one Group 1 success courtesy of King of Steel in the 2023 Qipco Champion Stakes. However, it was his 150-1 winner, Valiant Force, at Royal Ascot in the same year that perhaps he is best known for.

Amo Racing by Trainer

In terms of trainers both George Boughey and Alice Haynes boast a 20%+ win strike rate, although this year, as with all his trainers, this figure has dropped.

Perhaps the most potent stat is for favourites: jollies wearing the distinctive purple and white livery have won 103 of their 249 starts (SR 41.4%) for a profit to SP of £28.59 (ROI +11.5%). To BSP this stands at +£44.60 (ROI +17.9%). For the record Amo-owned favourites have edged into profit to BSP even during this poor year of 2024.

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Trainer Performance by Price Movement

In some other recent articles I have written about price movement, so I thought I would check for any owners who have fared particularly well with horses that have shortened in price from Early Morning Odds (around 9am in the morning) to final Starting Price. The idea was to try and establish which owners may be worth 'following in' if you see a horse of theirs being backed.

Positive Price Movement

There are six owners who have achieved an A/E index of over 1.00 with at least 75 horses that have shortened in price during this time frame. They are shown in the graph below:

 

 

Two owners that I have discussed earlier, Marc Chan and Sheikh Mohammed Obaid, both appear in this list of six. All six from the chart above - the others being David Armstrong, Valmont Racing, Qatar Racing and Paul & Clare Rooney - have been profitable to SP as well as BSP, impressive considering all the horses shortened in price during the day. Hence, a positive market move for any of these owners should be seen as material.

Negative Price Movement

It is interesting when looking at the A/E index of Paul & Clare Rooney with horses that do the reverse and drift from Early Odds to SP. When this has happened their A/E index was way down at 0.59. Such runners showed hefty losses to SP standing at over 55p in the £. But when their horses have been backed, they have produced a return to SP over nearly 7p in the £, with an A/E index of 1.01 (as can be seen in the graph). The strike rates between the two groups vary massively, too, going from 18.9% for horses that shorten to 6.7% for horses that drifted in price.

There is a similar pattern when comparing ‘shorteners’ and ‘drifters’ for Qatar Racing Limited. Here are their splits:

 

 

There is a noteworthy difference here again, much bigger than the norm. Are certain owners really in the know? It’s obviously difficult to tell, but if I was thinking about backing a horse owned by Qatar Racing, I’d prefer to see it strong in the market than weak.

 

Additional Owner stats

For the final part of this article I'm going to share some individual owner stats that I believe are worth knowing:

1. Opulence Thoroughbreds have an excellent record with their 2yos when racing on the all-weather, scoring over 37% of the time and producing returns to SP of 22p in the £.

2. Kirsten Rausing has a good record with her 2yo runners trained by Andrew Balding. Eight of the 24 runners in the study period have won securing an SP profit in every year from 2020 to 2024.

3. Middleham Park send out on average over 600 runners every year hitting a win strike rate of 12%. They spread their horses across numerous trainers and the stand-out handler for them has been Robert Cowell. Of his 67 runners 17 have won (SR 25.4%) for an SP profit of £48.23 (ROI +72%). No other trainer for Middleham has exceeded an 18% win rate with most of them between 10% and 14%.

4. The Cool Silk Partnership has an overall strike rate of 14% but with runners from the Archie Watson yard this jumps to 20.1% (19 wins from 93). Also keep an eye out for the jockey booking because when Hollie Doyle has taken the ride the stats read nine wins from 27 (SR 33.3%) for an SP profit of £16.26 (ROI +60.2%). To BSP it jumps up to +£22.78 (ROI +84.4%).

5. Sticking with Archie Watson and The Cool Silk Partnership, runners sent off first or second favourite have produced outstanding results: 15 wins from 31 (SR 48.4%) for a profit to SP of £24.15 (ROI +77.9%).

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And that concludes the second of two owner articles. I hope you enjoyed both pieces and have gained some useful insights to help inform your betting where certain owners are concerned.

- DR



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Del Mar mission calling for New Century

Connections of New Century hope the smart two-year-old is the “one they’ll have to beat” in the Breeders’ Cup Juvenile Turf following his top-level success in Canada at the weekend.

Having seen off subsequent Champagne Stakes hero Luther on his penultimate start at Salisbury, Andrew Balding’s youngster journeyed to Woodbine to contest the Grade One Summer Stakes and got the better of a familiar rival in Charlie Appleby’s Al Qudra in the hands of Oisin Murphy.

New Century has not yet made it back to Britain after enduring travel problems, but having seen him provide his 2000 Guineas-winning sire Kameko with a first top-level success, owners Qatar Racing are already looking forward to another trans-Atlantic trip, this time to Del Mar in early November.

“It was an extraordinarily well thought out and executed plan by Andrew Balding’s team to go to Woodbine and a superb ride from Oisin, making him the only Group One-winning two-year-old by a first-season sire in Europe,” said Qatar Racing’s David Redvers.

“The exciting thing is it (Summer Stakes) was a win-and-you’re-in for Del Mar and the only slight issue is it’s been quite tricky getting him home. It wasn’t just a case of getting on a plane and coming back and he’s currently in Churchill Downs awaiting a flight back.

“He had to travel from Woodbine down to Kentucky, but he’s such a professional horse with such an outstanding temperament that he seems to be taking it in his stride.”

David Redvers has high hopes for New Century
David Redvers has high hopes for New Century (Mike Egerton/PA)

While an appearance in the Californian sunshine is very much the focus, Redvers also has his sights on a potential tilt at Classic honours next spring.

He added: “All of his form has looked absolutely rock-solid throughout the season. It’s always lovely when you see those that have finished behind him coming out and franking his form almost every step of the way.

“He’s been rated accordingly – I think he’s the highest-rated turf two-year-old in North America currently and he’s right at the top of the list here as well.

“He is a toughie and Andrew is very much talking about him being a very genuine Guineas prospect for next year, so he seems to be following in his father’s footsteps nicely.

“Del Mar is a different track to Woodbine obviously, but he’ll have had plenty of experience by the time he’s got there and as long as this travelling doesn’t knock him too much, we’d all have to be very hopeful that he’ll be the one they’ll have to beat.”



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Queen aiming to uphold family Pride in Yorkshire Oaks

Queen Of The Pride will look to emulate her illustrious parents by securing Group One success in the Pertemps Network Yorkshire Oaks on Thursday.

The Qatar Racing homebred has plenty to live up to as a daughter of two top-level performers for Sheikh Fahad al Thani’s operation in Roaring Lion and Simple Verse.

Roaring Lion, who like Queen Of The Pride was trained by John Gosden, won four Group Ones during a memorable campaign in 2018, including a brilliant victory in the Juddmonte International at York.

Three years earlier, the Ralph Beckett-trained Simple Verse won twice in elite company, claiming Classic glory in the St Leger before following up on Champions Day at Ascot, and now her daughter gets the chance for a Group One breakthrough on the Knavesmire.

David Redvers, racing manager for Qatar Racing, said: “It’s everything we hope for in an organisation like this; to breed, raise and race horses at the highest level.

“This filly is the culmination of quite a few years’ work and it’s hugely exciting for all the team.”

Unraced at two, Queen Of The Pride rounded off her three-year-old season with a low-key win at Leicester and has taken her game to another level this term – finishing second on her Goodwood comeback before landing the Group Three Pinnacle Stakes and the Group Two Lancashire Oaks at Haydock.

Redvers acknowledges she has even more on her plate at York, but feels she merits her chance, adding: “Now is the moment, so we will see.

“There’s no such thing as an easy Group One and this is a million miles from an easy Group One, but it’s great to have her in there with a proper fighting chance and the betting public have taken a view that she has as good a chance as anything else in the race.

“We’re looking forward to seeing her in action.”

Oisin Murphy and Queen Of The Pride after winning the Lancashire Oaks
Oisin Murphy and Queen Of The Pride after winning the Lancashire Oaks (Ian Hodgson/The Jockey Club)

Queen Of The Pride’s jockey Oisin Murphy said: “I was lucky enough to win on both her mother and her father and she’s a very important filly for Sheikh Fahad and Qatar Racing.

“She’s obviously stepping up in class again, but she’s been really good since Haydock and she deserves her chance in a Group One.

“I sat out the back that day (in the Lancashire Oaks) and we went around the bend very steadily, but she won well and has an upward profile.”

John and Thady Gosden will also saddle proven top-notcher Emily Upjohn, who needs to bounce back from a disappointing effort as a hot favourite for Goodwood’s Nassau Stakes three weeks ago.

The two leading three-year-olds in the race appear to be Beckett’s You Got To Me and Aidan O’Brien’s Content, who finished first and second in the Irish Oaks last month.

Of his runner, Beckett told Tattersalls: “She is very well, and we’ve been very happy with her recent work. She did a nice bit on the grass on Saturday just gone, that went as well or better than expected, so we think she might have come forward.

“I think York is set up really well for her as a track, the timescale is good as well. She is a filly who needs to be kept on the go, she’s not one that you can be hanging on to for targets later down the line, you have to keep rolling with her.

“I was concerned immediately after the Oaks that I wasn’t going to get her to put back on what she’d lost that quickly. As it turned out, I was wrong about that, you’ve just got to get your timings right.

“She’s on good terms with herself, that much is obvious.”

Sea Theme (left) winning at York last year
Sea Theme (left) winning at York last year (Mike Egerton/PA)

Content was supplemented having run two barnstormers in her last two Group Ones and Ryan Moore feels she is still improving.

He told Betfair: “It was a good run from her in the Pretty Polly when third to Bluestocking and Emily Upjohn and she stepped up on that when an unlucky second to You Got To Me in the Irish Oaks.

“She has progressed with every run and you can say the same about Queen Of The Pride, who has gone through the grades and steps into Group One company here for the first time. I think York will suit my filly though and I’m looking forward to her.”

Port Fairy (O’Brien), Mistral Star (Hughie Morrison), Lava Stream (David O’Meara) and Sea Theme (William Haggas) complete the field.

The latter won the Galtres Stakes over this course and distance 12 months ago and returns off the back of an impressive Listed success in France.

The four-year-old will be ridden by Tom Marquand, who said: “It was a busy day at home and so I didn’t ride her when she won in France, but I’ve ridden her in most of her other races, including when she won the Galtres over the Yorkshire Oaks course and distance a year ago and again on that horrendous day at Haydock when it was so slippy (sixth in Lancashire Oaks).

“She’s a lovely filly who has done well physically and looked great when I saw her the other morning. She’s going into deeper waters than ever before, but she’s definitely going in the right direction and is well worth her chance here.”



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