It used to be said that status within racing was inversely correlated with the degree to which people were physically associated with the racehorse. That is, stable lads at the bottom, jockeys and trainers next, and then the owners.
Now it is undeniably the jockeys who receive the most acclaim.
Racegoers have always marvelled at their daring feats of dexterity as they perch on two iron stirrups in perfect sync with a thoroughbred galloping at 64kph. But as racing has evolved with the onset of global competition, a new order has arisen. Please stand up for the super jockey.
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More coverage of the Dubai World Cup
• Trainer Brown to work with Dubai World Cup contender Hernando
• UAE trainer al Raiher hopeful and happy to be at Meydan
• Bold Silvano withdraws from Dubai World Cup
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These men showcase their skills around the planet and are fought over by trainers and owners for the major international races.
Super jockeys often ride on two continents in as many days, and squeeze into their schedules appearances at golf tournaments, Formula One races and football matches.
They travel first class all the way, dine in celebrity-filled restaurants, build property portfolios and drive fast cars.
Where journeyman jockeys strive to earn a living through modest riding fees and an occasional win, super jockeys negotiate fees in the thousands of dollars, win or lose. When there is US$10million (Dh36.7m) on offer, as there is on Saturday night in the Dubai World Cup, there is no doubt that many of them will be riding.
"When you compete against the best, we are like Formula One drivers," said Gerald Mosse, a Frenchman who rides primarily in Europe and Asia. "We compete around the world as an elite."
If there is one rider who helped kick-start the phenomenon, it is Frankie Dettori, the gregarious Italian who is the No 1 rider for Godolphin.
The Dubai-based operation was set up in 1992 by Sheikh Mohammed bin Rashid, Vice President of the UAE and Ruler of Dubai, with a view to racing horses internationally. Wherever the blue banner of Godolphin has gone, Dettori has been there to coax Sheikh Mohammed's horses to their best possible placing. So far Godolphin have raced in 16 countries, winning Group or Grade 1 races in 12 of them.
Last year, a new recruit joined this band of brothers in spectacular fashion when William Buick, the English jockey, declared his hand by winning the $5m Dubai Sheema Classic aboard Dar Re Mi. Buick was 21 at the time.
That victory was the catalyst to a year in which the Norwegian-born jockey steered Debussy to victory in the Arlington Million in Chicago, followed by a victory aboard Dream Ahead in the Prix Morny in Deauville, France, the following day.
"It is my greatest memory," Buick said. "I was in Chicago on Saturday and I was a bit pushed as I couldn't get a flight from Chicago to Paris. In the end I had to fly to London, and then from London to Paris. I only just made it. It was one of the best weekends of my life, two Group 1s in two days."
Every member of the brotherhood has a story of close shaves. Kerrin McEvoy, the Melbourne Cup-winning jockey, rode for Godolphin in Europe for four years. In 2006, McEvoy and Dettori were scheduled to ride in the Group 1 July Cup at Newmarket, and then were required in Paris to ride in the Grand Prix de Paris, also a Group 1, just four hours later.
"We jumped in a [helicopter] and flew to Longchamp," McEvoy said. "It was just remarkable to do that. It wouldn't happen in Australia."
If the jet-setting lifestyle sounds a bit too "boys and their toys", it masks what is essentially a gruelling schedule that can detach these riders from their family for long periods.
Johnny Murtagh first came to work in the UAE during the 1992/93 season when he rode for Sheikh Ahmed bin Rashid. Since then Murtagh, 40, has ridden Group 1 winners in seven countries and has also won the UAE Derby and the UAE 2,000 Guineas.
"You don't have time to get jet lag," said Murtagh, who rode Gitano Hernando at Meydan Racecourse in the final round of the Maktoum Challenge earlier this month before flying to Hong Kong to ride at Sha Tin three days later.
"I left Dubai on the Friday, arrived in Hong Kong on Saturday, and I rode there on Sunday," he said.
Like Dettori, Murtagh has found it increasingly difficult to keep his family nearby.
"This year I went to the UAE and back to Ireland for the first few weeks of the Dubai Carnival," Murtagh said. "But I stayed in the UAE for three weeks during my latest stint. I like to have my family around me, but it is harder to get them out of school. In the early days they used to spend the winter with me."
The payback for all the travel, of course, comes in the form of bigger paydays for bigger races. It is difficult to determine specifically what jockeys earn, because their incomes often include retainer fees as well as differing percentages of prize money.
On average, however, jockeys receive around 7.5 per cent of the winning purse, plus a small fee for riding the horse (Dh600 at Meydan).
Dar Re Mi won the Sheema Classic with a purse of $2m, resulting in a six-figure payday for Buick.
He rode 99 winners in Britain last season, which yielded him a share of another $2m in winning prize money. Buick also earned a portion of the $285,000 purse in the Prix Morney aboard Dream Ahead and a share of $600,000 at Arlington while riding Debussy.
Many of the top riders have a retainer with a certain stable or owner, but are still allowed to freelance. It is an arrangement that has benefits as well as drawbacks.
"You are living in hope that you'll get called up," Murtagh said.
"My record is in the book, and you get a name for yourself for being a big-race rider so when the right horse comes along, and they are looking for someone to ride it, you just hope your name is top of the list."
Jockeys know that even when they get an important ride, they remain subject to the capricious nature of owners.
Kieren Fallon was aboard Gitano Hernando when finishing sixth in the Dubai World Cup last year and rode the horse on six consecutive occasions.
But then Team Valour, the owners, decided they wanted a new rider and Weichong Marwing got the call for Round Two of the Maktoum Challenge.
When Marwing had to leave for commitments in Hong Kong, Murtagh got the call for Meydan Racecourse earlier this month and the Dubai World Cup.
"You've just got to be at the right place at the right time and perform on the big stage when you get your opportunity," Murtagh said.
"I don't [care] how good a jockey is, if you don't have good horses you're going to struggle."
Why do jockeys put up with it all? The money aside, the thrill of riding in big races is an adrenalin fix that is hard to give up. Mosse, who was in the vanguard of the international scene during the 1980s, has won every Group 1 race in Hong Kong, where he resides for half the year.
The 44-year-old has also amassed more than 50 Group 1 victories in Europe.
In November, he became the first Frenchman to win the Melbourne Cup, the Australian handicap that is billed as "the race that stops a nation".
The race was watched by a crowd of 110,253 packed into Flemington Racecourse.
"I know I haven't won the World Cup yet, but you will be hard pressed to find an atmosphere like Melbourne," he said.
"It was just unbelievable. The whole country stops to watch that race. The kids don't go to school, and they were all watching me win.
"I'm very lucky, it was an incredible feeling."
sports@thenational.ae
Business Insights
- Canada and Mexico are significant energy suppliers to the US, providing the majority of oil and natural gas imports
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- US domestic suppliers might benefit from higher prices, but overall oil consumption is expected to decrease due to elevated costs
Sting & Shaggy
44/876
(Interscope)
FIGHT%20CARD
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Heavily-sugared soft drinks slip through the tax net
Some popular drinks with high levels of sugar and caffeine have slipped through the fizz drink tax loophole, as they are not carbonated or classed as an energy drink.
Arizona Iced Tea with lemon is one of those beverages, with one 240 millilitre serving offering up 23 grams of sugar - about six teaspoons.
A 680ml can of Arizona Iced Tea costs just Dh6.
Most sports drinks sold in supermarkets were found to contain, on average, five teaspoons of sugar in a 500ml bottle.
How tumultuous protests grew
- A fuel tax protest by French drivers appealed to wider anti-government sentiment
- Unlike previous French demonstrations there was no trade union or organised movement involved
- Demonstrators responded to online petitions and flooded squares to block traffic
- At its height there were almost 300,000 on the streets in support
- Named after the high visibility jackets that drivers must keep in cars
- Clashes soon turned violent as thousands fought with police at cordons
- An estimated two dozen people lost eyes and many others were admitted to hospital
COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
Ticket prices
- Golden circle - Dh995
- Floor Standing - Dh495
- Lower Bowl Platinum - Dh95
- Lower Bowl premium - Dh795
- Lower Bowl Plus - Dh695
- Lower Bowl Standard- Dh595
- Upper Bowl Premium - Dh395
- Upper Bowl standard - Dh295
City's slump
L - Juventus, 2-0
D - C Palace, 2-2
W - N Forest, 3-0
L - Liverpool, 2-0
D - Feyenoord, 3-3
L - Tottenham, 4-0
L - Brighton, 2-1
L - Sporting, 4-1
L - Bournemouth, 2-1
L - Tottenham, 2-1
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Mercer, the investment consulting arm of US services company Marsh & McLennan, expects its wealth division to at least double its assets under management (AUM) in the Middle East as wealth in the region continues to grow despite economic headwinds, a company official said.
Mercer Wealth, which globally has $160 billion in AUM, plans to boost its AUM in the region to $2-$3bn in the next 2-3 years from the present $1bn, said Yasir AbuShaban, a Dubai-based principal with Mercer Wealth.
“Within the next two to three years, we are looking at reaching $2 to $3 billion as a conservative estimate and we do see an opportunity to do so,” said Mr AbuShaban.
Mercer does not directly make investments, but allocates clients’ money they have discretion to, to professional asset managers. They also provide advice to clients.
“We have buying power. We can negotiate on their (client’s) behalf with asset managers to provide them lower fees than they otherwise would have to get on their own,” he added.
Mercer Wealth’s clients include sovereign wealth funds, family offices, and insurance companies among others.
From its office in Dubai, Mercer also looks after Africa, India and Turkey, where they also see opportunity for growth.
Wealth creation in Middle East and Africa (MEA) grew 8.5 per cent to $8.1 trillion last year from $7.5tn in 2015, higher than last year’s global average of 6 per cent and the second-highest growth in a region after Asia-Pacific which grew 9.9 per cent, according to consultancy Boston Consulting Group (BCG). In the region, where wealth grew just 1.9 per cent in 2015 compared with 2014, a pickup in oil prices has helped in wealth generation.
BCG is forecasting MEA wealth will rise to $12tn by 2021, growing at an annual average of 8 per cent.
Drivers of wealth generation in the region will be split evenly between new wealth creation and growth of performance of existing assets, according to BCG.
Another general trend in the region is clients’ looking for a comprehensive approach to investing, according to Mr AbuShaban.
“Institutional investors or some of the families are seeing a slowdown in the available capital they have to invest and in that sense they are looking at optimizing the way they manage their portfolios and making sure they are not investing haphazardly and different parts of their investment are working together,” said Mr AbuShaban.
Some clients also have a higher appetite for risk, given the low interest-rate environment that does not provide enough yield for some institutional investors. These clients are keen to invest in illiquid assets, such as private equity and infrastructure.
“What we have seen is a desire for higher returns in what has been a low-return environment specifically in various fixed income or bonds,” he said.
“In this environment, we have seen a de facto increase in the risk that clients are taking in things like illiquid investments, private equity investments, infrastructure and private debt, those kind of investments were higher illiquidity results in incrementally higher returns.”
The Abu Dhabi Investment Authority, one of the largest sovereign wealth funds, said in its 2016 report that has gradually increased its exposure in direct private equity and private credit transactions, mainly in Asian markets and especially in China and India. The authority’s private equity department focused on structured equities owing to “their defensive characteristics.”
Three ways to get a gratitude glow
By committing to at least one of these daily, you can bring more gratitude into your life, says Ong.
- During your morning skincare routine, name five things you are thankful for about yourself.
- As you finish your skincare routine, look yourself in the eye and speak an affirmation, such as: “I am grateful for every part of me, including my ability to take care of my skin.”
- In the evening, take some deep breaths, notice how your skin feels, and listen for what your skin is grateful for.
Moon Music
Artist: Coldplay
Label: Parlophone/Atlantic
Number of tracks: 10
Rating: 3/5
RESULTS
6.30pm: Meydan Sprint Group 2 US$175,000 1,000m
Winner: Ertijaal, Jim Crowley (jockey), Ali Rashid Al Raihe (trainer)
7.05pm: Handicap $60,000 1,400m
Winner: Secret Ambition, Richard Mullen, Satish Seemar
7.40pm: Handicap $160,000 1,400m
Winner: Raven’s Corner, Richard Mullen, Satish Seemar
8.15pm: Dubai Millennium Stakes Group 3 $200,000 2,000m
Winner: Folkswood, William Buick, Charlie Appleby
8.50pm: Zabeel Mile Group 2 $250,000 1,600m
Winner: Janoobi, Jim Crowley, Mike de Kock
9.25pm: Handicap $125,000 1,600m
Winner: Capezzano, Mickael Barzalona, Salem bin Ghadayer
The biog
Name: Fareed Lafta
Age: 40
From: Baghdad, Iraq
Mission: Promote world peace
Favourite poet: Al Mutanabbi
Role models: His parents
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How to protect yourself when air quality drops
Install an air filter in your home.
Close your windows and turn on the AC.
Shower or bath after being outside.
Wear a face mask.
Stay indoors when conditions are particularly poor.
If driving, turn your engine off when stationary.