Top operation Godolphin cancels sponsorships
Godolphin tightens purse strings which could affect racing jobs around the world
The equine flu epidemic in the UK is racing’s biggest headache at present, but not far away are the rumours that all is not well with the worldwide Godolphin operation. From its home in Dubai, Godolphin has major involvement on four continents with horses in training in Europe, the US, Australia and Japan. Two racecourses — York and the Curragh — have already been advised that Godolphin are pulling out of sponsorships they have been involved with for years. The races affected are the Yorkshire and Irish Oaks. In addition, Godolphin will no longer back the Prix Morny Jean Romanet in France. The head of the Godolphin empire is Sheik Mohammed whom Forbes list as having a net worth of $18bn. Despite this there is evidence of a tightening of their expenses which could affect racing jobs around the world. This development comes at a time when the army of Godolphin horses are doing well around the globe. In Dubai last Thursday, the famous blue Godolphin colours were carried to victory by f...
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