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Al Basti Equiworld investment bolsters NZ racing

5 July 2017 

Al Basti Equiworld, the UAE’s leading distributor of horse feeds, supplements and veterinary medicines is to extend its support for racing in New Zealand to include sponsorship of two feature classic races, the New Zealand Two Thousand Guineas and Oaks, and significantly boosting prize-money.

In a three-year agreement, The Group 1 Al Basti Equiworld NZ Two Thousand Guineas held at Riccarton Park in November and the Group 1 Al Basti Equiworld NZ Oaks at Trentham Racecourse in March, will be run for $500,000 and $400,000 respectively. A $100,000 stake increase in both races.

New Zealand Thoroughbred Racing (NZTR) has also made a significant contribution to the increased stakes, through a lift in the Iconic Race funding for the two races.

“We are delighted that Al Basti Equiworld is extending their investment in New Zealand racing,” NZTR chief executive Bernard Saundry said.

“Sponsors play an important role in raising the profile of our feature races and the Two Thousand Guineas and New Zealand Oaks meetings are key dates on the New Zealand racing calendar.”

The race sponsorship headlines increased investment in New Zealand racing by Al Basti Equiworld, having in March agreed an innovative five-year partnership with the New Zealand Jockey’s Association which will see jockey’s carry their logo on sponsored breeches from August 1, 2017, along with a financial contribution to the New Zealand Thoroughbred Racing General Trust Fund, which provides funding to injured jockeys and stablehands.

The Dubai-based company will also be sponsoring cash prizes of $50 on Feature and Premier days and $25 on Tier 2 or Industry days, for the groom of the ‘Best Turned Out’ horse in each race run at Riccarton Park and Trentham Racecourse over the next three years and upgrading the jockey lounges at both venues.

“We understand the importance of New Zealand racing globally and we’re delighted to be bringing the Al Basti Equiworld brand to New Zealand,” said Al Basti Equiworld’s founder and CEO Malih Al Basti.

“The New Zealand Two Thousand Guineas and New Zealand Oaks are two historically important races to the New Zealand breeding industry that have been won by horses that have gone on to international success in the past.  

“As an owner and breeder of thoroughbred horses, I understand the outstanding contribution made by breeders, owners, trainers, jockeys and grooms and it’s important to us that our sponsorship reaches all participants.

“We’re delighted to be extending our sponsorship in New Zealand and we look forward to continuing our work with New Zealand Thoroughbred Racing, The New Zealand Jockeys Association, Canterbury Jockey Club and the Wellington Racing Club.”

President of the Wellington Racing Club, Wayne Guppy said; “we are delighted to have Mr Al Basti sponsor our premier fillies race at Trentham. I would like to make special mention and thank Bill Gleeson of Wellfield who has sponsored the NZ Oaks for many years and showed such great support for the Wellington Racing Club. Bill’s passion and commitment for the breeding industry and the Group 1 NZ Oaks has helped make this the great race it is.”

A globally recognised brand, Al Basti Equiworld is also a major supporter of racing in the UAE, USA and the UK.

Maliah Al Basti

Al Basti Equiworld founder and CEO Malih Al Basti