How Saudi Cup 2021 will race to new highs despite Covid restrictions


Alice Haine
  • English
  • Arabic

The second edition of the Saudi Cup may only be weeks away but there will be a marked contrast at the 2021 event next month to Saudi Arabia’s debut on to the international racing scene last year.

Despite the Covid-19 pandemic forcing several global events to be cancelled or postponed, the kingdom’s two-day racing festival will go ahead at the King Abdulaziz Racecourse in Riyadh on February 19-20, with some of the world’s leading racehorses and jockeys in attendance.

However, Covid-19 restrictions mean there will be no spectators at this year’s event, with attendance limited to the media and groups linked to the horses competing.

“The media and TV coverage is really important this year because of the low attendance,” said Prince Bandar Bin Khalid Al Faisal, chairman of both the Equestrian High Commission and the Jockey Club of Saudi Arabia (JCSA).

“Only the horses and the horse connections, and perhaps a limited number of guests with the owners, will be allowed to attend while maintaining the Ministry of Health's strict requirements in terms of masks and social distancing.”

Prince Bandar Bin Khalid Al Faisal, chairman of both the Equestrian High Commission and the JCSA. JCSA Martin Dokoupil
Prince Bandar Bin Khalid Al Faisal, chairman of both the Equestrian High Commission and the JCSA. JCSA Martin Dokoupil

Despite the challenges, the allure of the world’s richest horse race has not gone unnoticed on the world stage, with the event attracting more than a 600 per cent surge in sponsorship this year compared to last.

Prince Bandar said he can only compare the “huge jump” in interest to the inaugural event last year, “so without coronavirus, who’s to say whether it might have been even larger”.

“Last year we weren't sure what to expect. Very few sponsors came in but there's definitely a much bigger interest domestically here in the kingdom, for sponsorship, and we're very excited about that prospect," he said.

“Most sponsors are there for the TV and media as opposed to attendees at the event itself – that’s where the value comes in."

Sponsorship from domestic telecom companies, as well as international players, such as the Swiss watch brand Longines, is exactly the positive business measure the JCSA needs when it reports back to the government on how the event contributes to the country’s economic growth and the creation of new jobs.

Like other major sporting events, such as the Dakar Rally and the upcoming Formula One Grand Prix in Jeddah in November, the Saudi Cup must not only promote the country at an international level but also act as a marker of its transformational journey.

Saudi Arabia has undergone an aggressive economic diversification drive in recent years, as part of its Vision 2030 objective, as it looks to diversify away from a reliance on oil by attracting investment into its tourism, technology, sport and entertainment sectors.

Saudi Arabia's non-oil private sector economy expanded for a third straight month in November to 54.7, according to the seasonally adjusted IHS Markit Saudi Arabia Purchasing Managers' Index, the kingdom's highest reading in 10 months, with the kingdom pledging to continue spending on major projects and programmes.

“One of the key indicators we are required to report to the government annually is how are we creating an industry,” Prince Bandar said.

“The JCSA is transforming this from a purely sport-oriented activity to an industry and the government is very keen on how many jobs we're creating for Saudis and how many Saudis" are entering the sector.

The government also assesses the impact on the wider economy, such as transportation, hospitality, and in a post-Covid world, the effect the event has on tourism.

Saudi Arabia is keen to boost its tourism industry since opening its borders to international visitors, with key heritage sites now open year-round and a number of ‘giga-projects’ under construction to attract visitors, including the futuristic city of Neom.

"Nothing would give me more pleasure if we, as the Saudi cup, contribute tens of thousands of people on an annual basis," Prince Bandar said.

To have the Saudi Cup's business model measured as part of that vision is a big achievement for Prince Bandar, who was asked to join the JCSA four years ago, and has since gone on to become instrumental in the growth of the sport on the international stage.

At the time, he said the kingdom was “very aggressive” in terms of opening up to sports events, making him realise there was an opportunity for the country to host an international horse racing event.

“We pitched the idea, and they liked it but said if you're going to do this, we want to be one of the top five races. Globally, we don't want anything, halfway,” Prince Bandar said.

The JCSA spent the next few months consulting the industry’s top owners and trainers, before coming up with the concept of the Saudi Cup, adding the additional attraction of the largest prize purse in the world.

“The mandate from the government was to make sure we were in the top five, and then the question was asked ‘why aren't you number one?’. We said, ‘well, races take years to establish a reputation and become very much part of the global racing calendar’,” Prince Bandar said.

The “obvious” way to become number one from year one was through prize money, “so we came up with the richest race in the world and it grabbed a lot of attention”, he said.

Jockey Luis Saez rides his horse Maximum Security across the finish line in the $20m final of the Saudi Cup last year. AFP PHOTO / SAUDI ROYAL PALACE / BANDAR AL-JALOUD
Jockey Luis Saez rides his horse Maximum Security across the finish line in the $20m final of the Saudi Cup last year. AFP PHOTO / SAUDI ROYAL PALACE / BANDAR AL-JALOUD

The 2020 Saudi Cup surpassed the Dubai World Cup as the richest in racing, with 64 international runners representing 10 countries, including Saudi Arabia, competing for a total prize pot of $29.2 million, with the $20m Saudi Cup race the highlight.

While last year's Saudi Cup winner, Maximum Security, made history on February 29, when it became the first to cross the finish line, the JCSA withheld the prize-money after its former trainer Jason Servis faced federal charges in the US as part of an alleged widespread doping scheme.

"It reflects the seriousness we have here in the Jockey Club of Saudi Arabia, on how we view performance enhancement drugs of any kind," Prince Bandar said.

"Once the resolution comes out that prize money will be directed either to the connections of Maximum Security ... or if there's any kind of incriminating evidence, then unfortunately, the horse will be disqualified and there will be a redistribution of the prize money."

The year’s prize purse for the 16-race event has been extended to $30.5 million with competitors from 19 countries, thanks to a boost to the prize money of three dirt races.

The event will also see seven female and seven male jockeys compete in the International Jockeys Challenge, following on from last year when New Zealander Lisa Allpress became the first woman to win a race in the country.

It is among a number of firsts for the country, which had never held an international racing event before last February. But Prince Bandar said once he had the approval of the government, the process was relatively quick because the infrastructure, owners and trainers were already there.

"We already had a dirt track that I would argue is the top one in the world in terms of the quality of the track and the size of it," he said.

"The challenge was to come up with a turf track with international specifications that would accommodate some of the best horses in the world. It was such a relief when we tested the track and it lived up to our expectations."

Prince Bandar promises this year’s line-up will be even more impressive than last year’s, after owners "unfamiliar with this part of the world" were persuaded by trainers and jockeys to take part.

“This year, there's no question about that,” he said.

What will be under question is how many people will attend, as Covid restrictions are tightened across the globe to counter the rising number of cases.

Prince Bandar said the event will adhere to a system already in place for major sporting events, such as the Dakar Rally, with a Covid test for jockeys and their parties within 72 hours of arrival and a short quarantine.

"We might get an exemption when it comes to owners, if they go to a specific area," he said.

"We have prepared areas that are adjacent to the track with very luxurious accommodation covering all levels from the owners to the grooms, and we have some accommodation in the club," he said.

"Oddly enough, because of these restrictions, we might have the best organised event so far. The people are limited, the places are available, and we can keep them within the track area.”

Looking ahead, Prince Bandar said the Saudi Cup has already achieved its aim to become a horse racing event "second to none" in terms of prize money, experience, sponsorship and attracting the international racing community.

His next aim is to increase Saudi participation and achievement in international racing and to streamline the racing calendar, with the UAE and Bahrain helping to grow the region's racing industry on the global stage. He also wants to lengthen the region's racing season by capitalising on the races in Saudi Arabia's cooler regions.

"It's really an untapped market and I don't think it's unreasonable to say that within the next five years, we will have a year-long season in the GCC as the GCC opens up to each other, where owners and trainers can really pick and choose where they want to run a race," he said.

"This will go a long way in providing a much more interesting a proposition for trainers, specifically around the Gulf area, and then we will no longer look at the states as separate. It will be more like the European environment where horses can move within Europe or within the US as they move from state to state."

CHATGPT%20ENTERPRISE%20FEATURES
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Engine: 3.4-litre twin-turbo V6 plus supplementary electric motor

Power: 464hp at 5,200rpm

Torque: 790Nm from 2,000-3,600rpm

Transmission: 10-speed auto

Fuel consumption: 11.7L/100km

On sale: Now

Price: From Dh590,000

RESULTS

5pm: Maiden (PA) Dh80,000 2,200m
Winner: Arjan, Fabrice Veron (jockey), Eric Lemartinel (trainer).

5.30pm: Maiden (PA) Dh80,000 1,400m​​​​​​​
Winner: Jap Nazaa, Royston Ffrench, Irfan Ellahi.

6pm: Al Ruwais Group 3 (PA) Dh300,000 1,200m​​​​​​​
Winner: RB Lam Tara, Fabrice Veron, Eric Lemartinal.

6.30pm: Shadwell Gold Cup Prestige Dh125,000 1,600m​​​​​​​
Winner: AF Sanad, Bernardo Pinheiro, Khalifa Al Neyadi.

7pm: Shadwell Farm Stallions Handicap (PA) Dh70,000 1,600m​​​​​​​
Winner: Jawal Al Reef, Patrick Cosgrave, Abdallah Al Hammadi.

7.30pm: Maiden (TB) Dh80,000 1,600m​​​​​​​
Winner: Dubai Canal, Harry Bentley, Satish Seemar.

Profile of MoneyFellows

Founder: Ahmed Wadi

Launched: 2016

Employees: 76

Financing stage: Series A ($4 million)

Investors: Partech, Sawari Ventures, 500 Startups, Dubai Angel Investors, Phoenician Fund

MATCH INFO

England 19 (Try: Tuilagi; Cons: Farrell; Pens: Ford (4)

New Zealand 7 (Try: Savea; Con: Mo'unga)

Company info

Company name: Entrupy 

Co-founders: Vidyuth Srinivasan, co-founder/chief executive, Ashlesh Sharma, co-founder/chief technology officer, Lakshmi Subramanian, co-founder/chief scientist

Based: New York, New York

Sector/About: Entrupy is a hardware-enabled SaaS company whose mission is to protect businesses, borders and consumers from transactions involving counterfeit goods.  

Initial investment/Investors: Entrupy secured a $2.6m Series A funding round in 2017. The round was led by Tokyo-based Digital Garage and Daiwa Securities Group's jointly established venture arm, DG Lab Fund I Investment Limited Partnership, along with Zach Coelius. 

Total customers: Entrupy’s customers include hundreds of secondary resellers, marketplaces and other retail organisations around the world. They are also testing with shipping companies as well as customs agencies to stop fake items from reaching the market in the first place. 

A new relationship with the old country

Treaty of Friendship between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates

The United kingdom of Great Britain and Northern Ireland and the United Arab Emirates; Considering that the United Arab Emirates has assumed full responsibility as a sovereign and independent State; Determined that the long-standing and traditional relations of close friendship and cooperation between their peoples shall continue; Desiring to give expression to this intention in the form of a Treaty Friendship; Have agreed as follows:

ARTICLE 1 The relations between the United Kingdom of Great Britain and Northern Ireland and the United Arab Emirates shall be governed by a spirit of close friendship. In recognition of this, the Contracting Parties, conscious of their common interest in the peace and stability of the region, shall: (a) consult together on matters of mutual concern in time of need; (b) settle all their disputes by peaceful means in conformity with the provisions of the Charter of the United Nations.

ARTICLE 2 The Contracting Parties shall encourage education, scientific and cultural cooperation between the two States in accordance with arrangements to be agreed. Such arrangements shall cover among other things: (a) the promotion of mutual understanding of their respective cultures, civilisations and languages, the promotion of contacts among professional bodies, universities and cultural institutions; (c) the encouragement of technical, scientific and cultural exchanges.

ARTICLE 3 The Contracting Parties shall maintain the close relationship already existing between them in the field of trade and commerce. Representatives of the Contracting Parties shall meet from time to time to consider means by which such relations can be further developed and strengthened, including the possibility of concluding treaties or agreements on matters of mutual concern.

ARTICLE 4 This Treaty shall enter into force on today’s date and shall remain in force for a period of ten years. Unless twelve months before the expiry of the said period of ten years either Contracting Party shall have given notice to the other of its intention to terminate the Treaty, this Treaty shall remain in force thereafter until the expiry of twelve months from the date on which notice of such intention is given.

IN WITNESS WHEREOF the undersigned have signed this Treaty.

DONE in duplicate at Dubai the second day of December 1971AD, corresponding to the fifteenth day of Shawwal 1391H, in the English and Arabic languages, both texts being equally authoritative.

Signed

Geoffrey Arthur  Sheikh Zayed

COMPANY%20PROFILE
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SPEC%20SHEET
%3Cp%3E%3Cstrong%3EProcessor%3A%3C%2Fstrong%3E%20Apple%20M2%2C%208-core%20CPU%2C%20up%20to%2010-core%20CPU%2C%2016-core%20Neural%20Engine%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EDisplay%3A%3C%2Fstrong%3E%2013.6-inch%20Liquid%20Retina%2C%202560%20x%201664%2C%20224ppi%2C%20500%20nits%2C%20True%20Tone%2C%20wide%20colour%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EMemory%3A%3C%2Fstrong%3E%208%2F16%2F24GB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStorage%3A%3C%2Fstrong%3E%20256%2F512GB%20%2F%201%2F2TB%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EI%2FO%3A%3C%2Fstrong%3E%20Thunderbolt%203%20(2)%2C%203.5mm%20audio%2C%20Touch%20ID%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EConnectivity%3A%3C%2Fstrong%3E%20Wi-Fi%206%2C%20Bluetooth%205.0%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EBattery%3A%3C%2Fstrong%3E%2052.6Wh%20lithium-polymer%2C%20up%20to%2018%20hours%2C%20MagSafe%20charging%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ECamera%3A%3C%2Fstrong%3E%201080p%20FaceTime%20HD%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EVideo%3A%3C%2Fstrong%3E%20Support%20for%20Apple%20ProRes%2C%20HDR%20with%20Dolby%20Vision%2C%20HDR10%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EAudio%3A%3C%2Fstrong%3E%204-speaker%20system%2C%20wide%20stereo%2C%20support%20for%20Dolby%20Atmos%2C%20Spatial%20Audio%20and%20dynamic%20head%20tracking%20(with%20AirPods)%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EColours%3A%3C%2Fstrong%3E%20Silver%2C%20space%20grey%2C%20starlight%2C%20midnight%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EIn%20the%20box%3A%3C%2Fstrong%3E%20MacBook%20Air%2C%2030W%20or%2035W%20dual-port%20power%20adapter%2C%20USB-C-to-MagSafe%20cable%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EPrice%3A%3C%2Fstrong%3E%20From%20Dh4%2C999%3C%2Fp%3E%0A
Our legal consultant

Name: Hassan Mohsen Elhais

Position: legal consultant with Al Rowaad Advocates and Legal Consultants

Cry Macho

Director: Clint Eastwood

Stars: Clint Eastwood, Dwight Yoakam

Rating:**

The biog

Hobby: "It is not really a hobby but I am very curious person. I love reading and spend hours on research."

Favourite author: Malcom Gladwell 

Favourite travel destination: "Antigua in the Caribbean because I have emotional attachment to it. It is where I got married."

The specs: 2018 Nissan 370Z Nismo

The specs: 2018 Nissan 370Z Nismo
Price, base / as tested: Dh182,178
Engine: 3.7-litre V6
Power: 350hp @ 7,400rpm
Torque: 374Nm @ 5,200rpm
Transmission: Seven-speed automatic
​​​​​​​Fuel consumption, combined: 10.5L / 100km

MATCH SCHEDULE

Uefa Champions League semi-final, first leg
Tuesday, April 24 (10.45pm)

Liverpool v Roma

Wednesday, April 25
Bayern Munich v Real Madrid (10.45pm)

Europa League semi-final, first leg
Thursday, April 26

Arsenal v Atletico Madrid (11.05pm)
Marseille v Salzburg (11.05pm)

UAE currency: the story behind the money in your pockets
Results

2.30pm: Dubai Creek Tower – Handicap (PA) Dh40,000 (Dirt) 1,200m; Winner: Marmara Xm, Gary Sanchez (jockey), Abdelkhir Adam (trainer)

3pm: Al Yasmeen – Maiden (PA) Dh40,000 (D) 1,700m; Winner: AS Hajez, Jesus Rosales, Khalifa Al Neyadi

3.30pm: Al Ferdous – Maiden (PA) Dh40,000 (D) 1,700m; Winner: Soukainah, Sebastien Martino, Jean-Claude Pecout

4pm: The Crown Prince Of Sharjah – Prestige (PA) Dh200,000 (D) 1,200m; Winner: AF Thayer, Ray Dawson, Ernst Oertel

4.30pm: Sheikh Ahmed bin Rashid Al Maktoum Cup – Handicap (TB) Dh200,000 (D) 2,000m; Winner: George Villiers, Antonio Fresu, Bhupat Seemar

5pm: Palma Spring – Handicap (PA) Dh40,000 (D) 2,000m; Winner: Es Abu Mousa, Antonio Fresu, Abubakar Daud

Cricket World Cup League 2

UAE results
Lost to Oman by eight runs
Beat Namibia by three wickets
Lost to Oman by 12 runs
Beat Namibia by 43 runs

UAE fixtures
Free admission. All fixtures broadcast live on icc.tv

Tuesday March 15, v PNG at Sharjah Cricket Stadium
Friday March 18, v Nepal at Dubai International Stadium
Saturday March 19, v PNG at Dubai International Stadium
Monday March 21, v Nepal at Dubai International Stadium

SPEC SHEET

Display: 10.9" Liquid Retina IPS, 2360 x 1640, 264ppi, wide colour, True Tone, Apple Pencil support

Chip: Apple M1, 8-core CPU, 8-core GPU, 16-core Neural Engine

Memory: 64/256GB storage; 8GB RAM

Main camera: 12MP wide, f/1.8, Smart HDR

Video: 4K @ 25/25/30/60fps, full HD @ 25/30/60fps, slo-mo @ 120/240fps

Front camera: 12MP ultra-wide, f/2.4, Smart HDR, Centre Stage; full HD @ 25/30/60fps

Audio: Stereo speakers

Biometrics: Touch ID

I/O: USB-C, smart connector (for folio/keyboard)

Battery: Up to 10 hours on Wi-Fi; up to 9 hours on cellular

Finish: Space grey, starlight, pink, purple, blue

Price: Wi-Fi – Dh2,499 (64GB) / Dh3,099 (256GB); cellular – Dh3,099 (64GB) / Dh3,699 (256GB)

THE SPECS – Honda CR-V Touring AWD

Engine: 2.4-litre 4-cylinder

Power: 184hp at 6,400rpm

Torque: 244Nm at 3,900rpm

Transmission: Continuously Variable Transmission (CVT)

0-100kmh in 9.4 seconds

Top speed: 202kmh

Fuel consumption: 6.8L/100km

Price: From Dh122,900

PREMIER LEAGUE FIXTURES

Saturday (UAE kick-off times)

Watford v Leicester City (3.30pm)

Brighton v Arsenal (6pm)

West Ham v Wolves (8.30pm)

Bournemouth v Crystal Palace (10.45pm)

Sunday

Newcastle United v Sheffield United (5pm)

Aston Villa v Chelsea (7.15pm)

Everton v Liverpool (10pm)

Monday

Manchester City v Burnley (11pm)

Motori Profile

Date started: March 2020

Co-founder/CEO: Ahmed Eissa

Based: UAE, Abu Dhabi

Sector: Insurance Sector

Size: 50 full-time employees (Inside and Outside UAE)

Stage: Seed stage and seeking Series A round of financing 

Investors: Safe City Group

'Peninsula'

Stars: Gang Dong-won, Lee Jung-hyun, Lee Ra

Director: ​Yeon Sang-ho

Rating: 2/5

MAIN CARD

Bantamweight 56.4kg
Abrorbek Madiminbekov v Mehdi El Jamari

Super heavyweight 94 kg
Adnan Mohammad v Mohammed Ajaraam

Lightweight 60kg
Zakaria Eljamari v Faridoon Alik Zai

Light heavyweight 81.4kg
Mahmood Amin v Taha Marrouni

Light welterweight 64.5kg
Siyovush Gulmamadov v Nouredine Samir

Light heavyweight 81.4kg
Ilyass Habibali v Haroun Baka

While you're here
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UAE SQUAD

 Khalid Essa (Al Ain), Ali Khaseif (Al Jazira), Adel Al Hosani (Sharjah), Mahmoud Khamis (Al Nasr), Yousef Jaber (Shabab Al Ahli Dubai), Khalifa Al Hammadi (Jazira), Salem Rashid (Jazira), Shaheen Abdelrahman (Sharjah), Faris Juma (Al Wahda), Mohammed Shaker (Al Ain), Mohammed Barghash (Wahda), Abdulaziz Haikal (Shabab Al Ahli), Ahmed Barman (Al Ain), Khamis Esmail (Wahda), Khaled Bawazir (Sharjah), Majed Surour (Sharjah), Abdullah Ramadan (Jazira), Mohammed Al Attas (Jazira), Fabio De Lima (Al Wasl), Bandar Al Ahbabi (Al Ain), Khalfan Mubarak (Jazira), Habib Fardan (Nasr), Khalil Ibrahim (Wahda), Ali Mabkhout (Jazira), Ali Saleh (Wasl), Caio (Al Ain), Sebastian Tagliabue (Nasr).

Where to Find Me by Alba Arikha
Alma Books 

Groom and Two Brides

Director: Elie Semaan

Starring: Abdullah Boushehri, Laila Abdallah, Lulwa Almulla

Rating: 3/5

Red flags
  • Promises of high, fixed or 'guaranteed' returns.
  • Unregulated structured products or complex investments often used to bypass traditional safeguards.
  • Lack of clear information, vague language, no access to audited financials.
  • Overseas companies targeting investors in other jurisdictions - this can make legal recovery difficult.
  • Hard-selling tactics - creating urgency, offering 'exclusive' deals.

Courtesy: Carol Glynn, founder of Conscious Finance Coaching