SHADWELL, one of the world’s biggest racing and breeding operations, is to wind down its interests in the southern hemisphere following a global review of the business.
In a move that will have major financial implications on racing’s global scene, Shadwell founder Hamdan Al Maktoum has made the decision to disband the thoroughbred holdings of Shadwell Stud Australasia Ltd and sell off his star horses in Australia and South Africa over the next few months.
Sheikh Hamdan has cited his inability to be as closely involved as he would like as a core reason behind the decision. The sheikh’s famous blue and white colours have lit up European racecourses through the likes of Nashwan, Salsabil, Dayjur and Bat-taash, and also in Australia, most notably with Melbourne Cup wins for At Talaq (1986) and Jeune (1994).
Shadwell’s racing manager Angus Gold said: “Sheikh Hamdan is very much a ‘hands on’ man who likes to be closely involved with the Shadwell horses, and due to his commitments in UAE he has not been able to devote as much time as he would like to following their horses.”
Shadwell have been a huge supporter of the Australasian yearling market for a number of years now and have been rewarded with numerous stakes winners both in Australia and South Africa.
“As well as the horses mentioned earlier they have won three runnings of the Blue Diamond with Mahaasin, Nadeem and Reaan, though having been underbidders on both Miss Finland and Estijaab unfortunately the Golden Slipper eluded us.