Shadwell Farm, the breeding arm of Sheikh Hamdan bin Rashid's racing operation, is to sponsor races in Peru, the fifth South American country in which the Dubai owner now has an interest.
Shadwell Farm already sponsors contests in Uruguay, Argentina, Brazil and Chile, as well as the US, UK, Italy, Germany and Australia.
At US$100,000 (Dh367,300) per race for what is typically a five-race card in each South American country, Shadwell's investment is significant.
There are also plans to expand the reach of Shadwell's stallions on the continent.
Invasor, Sheikh Hamdan's Argentine-bred 2007 Dubai World Cup winner, is credited with being the horse that ignited the owner's interest in the South American racing scene.
The story goes that the day before the running of the world's richest race in 2006, Frankie Dettori, the Godolphin jockey, went to have a peek at Invasor, the main competition for Discreet Cat, the Italian's ride.
Kiaran McLoughlin, Sheikh Hamdan's US trainer, is supposed to have watched Dettori stroking the horse's nose and said: "Frankie, take a good look at his head now because tomorrow all you're going to see is his [backside]."
McLaughlin's words proved prophetic and Invasor, under the Uruguayan jockey Fernando Jara, won his ninth Group 1 race by one-and-three-quarter lengths from Premium Tap.
Sheikh Hamdan's horse, purchased out of Uruguay where the colt completed a highly-successful early career, posted a lightning-fast time. He was only slower than Godolphin's great Dubai Millennium, who Dettori piloted to the Dubai World Cup's most famous win in 2000.
Invasor's success, which saw him defeated only once in 12 starts when running into traffic in the 2005 UAE Derby, now sees a number of successful juveniles purchased from South America to race in the US and Dubai every year.
Sheikh Mohammed bin Khalifa, the main patron behind Mike de Kock's string, has had great success with his Argentine imports, including Asiatic Boy, the 2007 UAE Triple Crown winner, and Honor Devil, the 2008 UAE Derby winner.
Meanwhile Stefan Friborg, the businessman who owns the Estrella Energia Stud in Brazil, claimed the 2010 Dubai World Cup with his homebred Gloria de Campeao.
Mirza al Sayegh, the director of Sheikh Hamdan's Office, said the benefits to racing, the UAE and to Shadwell itself made investment in South America more than worthwhile.
"Sheikh Hamdan considers South America a very important area for racing," al Sayegh said. "The mere fact that we bought Invasor from there shows how important he thinks it is. He is also keen to help development of racing in the region.
"He decided to buy the horse in a split second after watching one DVD of Invasor racing in Uruguay. He knew the horse had potential and called me at 9pm at night to tell me that he wanted me to immediately release $1.5m to Uruguay to buy the horse."
And Sheikh Hamdan's forays into South America have already reaped rewards according to al Sayegh.
"He has two aims," said al Sayegh. "He wants to promote Shadwell and he wants to promote the UAE.
"We have seen increased business between South America and the UAE since we sent delegations there, especially Peru, where we did not have any trade links in the past."
And does South America harbour another Invasor just waiting to be discovered by the racing world?
"Yes, of course," said al Sayegh. "There is always another Invasor. The trick is in identifying the horse that has the potential to be great at an early stage."
sports@thenational.ae
COMPANY%20PROFILE%20
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The Penguin
Starring: Colin Farrell, Cristin Milioti, Rhenzy Feliz
Creator: Lauren LeFranc
Rating: 4/5
Company%20Profile
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COMPANY%20PROFILE
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Company profile
Name: Steppi
Founders: Joe Franklin and Milos Savic
Launched: February 2020
Size: 10,000 users by the end of July and a goal of 200,000 users by the end of the year
Employees: Five
Based: Jumeirah Lakes Towers, Dubai
Financing stage: Two seed rounds – the first sourced from angel investors and the founders' personal savings
Second round raised Dh720,000 from silent investors in June this year
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.
Fighting with My Family
Director: Stephen Merchant
Stars: Dwayne Johnson, Nick Frost, Lena Headey, Florence Pugh, Thomas Whilley, Tori Ellen Ross, Jack Lowden, Olivia Bernstone, Elroy Powell
Four stars
GOODBYE%20JULIA
%3Cp%3E%3Cstrong%3EDirector%3A%20%3C%2Fstrong%3EMohamed%20Kordofani%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStarring%3A%20%3C%2Fstrong%3ESiran%20Riak%2C%20Eiman%20Yousif%2C%20Nazar%20Goma%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%205%2F5%3C%2Fp%3E%0A
The%20pillars%20of%20the%20Dubai%20Metaverse%20Strategy
%3Cp%3EEncourage%20innovation%20in%20the%20metaverse%20field%20and%20boost%20economic%20contribution%3C%2Fp%3E%0A%3Cp%3EDevelop%20outstanding%20talents%20through%20education%20and%20training%3C%2Fp%3E%0A%3Cp%3EDevelop%20applications%20and%20the%20way%20they%20are%20used%20in%20Dubai's%20government%20institutions%3C%2Fp%3E%0A%3Cp%3EAdopt%2C%20expand%20and%20promote%20secure%20platforms%20globally%3C%2Fp%3E%0A%3Cp%3EDevelop%20the%20infrastructure%20and%20regulations%3C%2Fp%3E%0A
Israel Palestine on Swedish TV 1958-1989
Director: Goran Hugo Olsson
Rating: 5/5
Director: Jon Favreau
Starring: Donald Glover, Seth Rogen, John Oliver
Rating: 2 out of 5 stars
Vikram%20Vedha
%3Cp%3E%3Cstrong%3EDirectors%3A%3C%2Fstrong%3E%20Gayatri%2C%20Pushkar%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3EStars%3A%3C%2Fstrong%3E%20Hrithik%20Roshan%2C%20Saif%20Ali%20Khan%2C%20Radhika%20Apte%3C%2Fp%3E%0A%3Cp%3E%3Cstrong%3ERating%3A%C2%A0%3C%2Fstrong%3E3.5%2F5%3C%2Fp%3E%0A
The specs: 2018 Mercedes-Benz S 450
Price, base / as tested Dh525,000 / Dh559,000
Engine: 3.0L V6 biturbo
Transmission: Nine-speed automatic
Power: 369hp at 5,500rpm
Torque: 500Nm at 1,800rpm
Fuel economy, combined: 8.0L / 100km
Company%20profile
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The Perfect Couple
Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
The Pope's itinerary
Sunday, February 3, 2019 - Rome to Abu Dhabi
1pm: departure by plane from Rome / Fiumicino to Abu Dhabi
10pm: arrival at Abu Dhabi Presidential Airport
Monday, February 4
12pm: welcome ceremony at the main entrance of the Presidential Palace
12.20pm: visit Abu Dhabi Crown Prince at Presidential Palace
5pm: private meeting with Muslim Council of Elders at Sheikh Zayed Grand Mosque
6.10pm: Inter-religious in the Founder's Memorial
Tuesday, February 5 - Abu Dhabi to Rome
9.15am: private visit to undisclosed cathedral
10.30am: public mass at Zayed Sports City – with a homily by Pope Francis
12.40pm: farewell at Abu Dhabi Presidential Airport
1pm: departure by plane to Rome
5pm: arrival at the Rome / Ciampino International Airport
BEETLEJUICE BEETLEJUICE
Starring: Winona Ryder, Michael Keaton, Jenny Ortega
Director: Tim Burton
Rating: 3/5
The specs
Engine: 2.0-litre 4-cyl turbo
Power: 201hp at 5,200rpm
Torque: 320Nm at 1,750-4,000rpm
Transmission: 6-speed auto
Fuel consumption: 8.7L/100km
Price: Dh133,900
On sale: now
The specs: 2018 Infiniti QX80
Price: base / as tested: Dh335,000
Engine: 5.6-litre V8
Gearbox: Seven-speed automatic
Power: 400hp @ 5,800rpm
Torque: 560Nm @ 4,000rpm
Fuel economy, combined: 12.1L / 100km
FULL%20RESULTS
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How to keep control of your emotions
If your investment decisions are being dictated by emotions such as fear, greed, hope, frustration and boredom, it is time for a rethink, Chris Beauchamp, chief market analyst at online trading platform IG, says.
Greed
Greedy investors trade beyond their means, open more positions than usual or hold on to positions too long to chase an even greater gain. “All too often, they incur a heavy loss and may even wipe out the profit already made.
Tip: Ignore the short-term hype, noise and froth and invest for the long-term plan, based on sound fundamentals.
Fear
The risk of making a loss can cloud decision-making. “This can cause you to close out a position too early, or miss out on a profit by being too afraid to open a trade,” he says.
Tip: Start with a plan, and stick to it. For added security, consider placing stops to reduce any losses and limits to lock in profits.
Hope
While all traders need hope to start trading, excessive optimism can backfire. Too many traders hold on to a losing trade because they believe that it will reverse its trend and become profitable.
Tip: Set realistic goals. Be happy with what you have earned, rather than frustrated by what you could have earned.
Frustration
Traders can get annoyed when the markets have behaved in unexpected ways and generates losses or fails to deliver anticipated gains.
Tip: Accept in advance that asset price movements are completely unpredictable and you will suffer losses at some point. These can be managed, say, by attaching stops and limits to your trades.
Boredom
Too many investors buy and sell because they want something to do. They are trading as entertainment, rather than in the hope of making money. As well as making bad decisions, the extra dealing charges eat into returns.
Tip: Open an online demo account and get your thrills without risking real money.
Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
Match info
Uefa Champions League Group B
Tottenham Hotspur 1 (Eriksen 80')
Inter Milan 0