Sheikh Mohammed Strikes Again
Dubai Bloodstock Investment Expands Even More in the United States
On behalf of Sheikh Mohammed, Abdullah Al Habbai who heads Synergy Investments Limited is buying one of the world's greatest thoroughbred auction companies in the United States--Fasig-Tipton.
Founded in 1898, the Board required guarantees that the company would be operated with the same integrity, customer service and industry service it is known for.
John Ferguson, bloodstock adviser to the Sheikh, said that "...Synergy plans to devote future operating surpluses to higher levels of customer service and renewed efforts to promote North American racing and breeding."
This policy is consistent with all of the Sheikh's international bloodstock operations, including Darley Stud, and will be employed in Australia where Woodlands Stud, an owner-breeder operation, was just purchased by him for £200 million.
Wherever the Al Maktoum family has expanded their bloodstock interests, the public and industry have been the beneficiaries of their high standards.
Further, this expansion policy is consistent with Sheikh Mohammed's goal to promote internationalisation of racing through breeding/buying/selling the "best" for racing competition
To do that, buying Fasig-Tipton was a necessary acquisition in the world's greatest racing market--the United States of America.
During the major World Wars, the bloodstock industry was nearly destroyed everywhere but the USA. Since then, it has been the source of horses for a revitalized industry worldwide.
Curlin is the best example of why the USA is the "must" market.
On behalf of Sheikh Mohammed, Abdullah Al Habbai who heads Synergy Investments Limited is buying one of the world's greatest thoroughbred auction companies in the United States--Fasig-Tipton.
Founded in 1898, the Board required guarantees that the company would be operated with the same integrity, customer service and industry service it is known for.
John Ferguson, bloodstock adviser to the Sheikh, said that "...Synergy plans to devote future operating surpluses to higher levels of customer service and renewed efforts to promote North American racing and breeding."
This policy is consistent with all of the Sheikh's international bloodstock operations, including Darley Stud, and will be employed in Australia where Woodlands Stud, an owner-breeder operation, was just purchased by him for £200 million.
Wherever the Al Maktoum family has expanded their bloodstock interests, the public and industry have been the beneficiaries of their high standards.
Further, this expansion policy is consistent with Sheikh Mohammed's goal to promote internationalisation of racing through breeding/buying/selling the "best" for racing competition
To do that, buying Fasig-Tipton was a necessary acquisition in the world's greatest racing market--the United States of America.
During the major World Wars, the bloodstock industry was nearly destroyed everywhere but the USA. Since then, it has been the source of horses for a revitalized industry worldwide.
Curlin is the best example of why the USA is the "must" market.
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