FINANCIAL NEWS

Qatar to sign USD77m UK horseracing sponsorship deal

27 May 2015

(MENAFN) Qatar is ready to take up an announcement of a USD77 million sponsorship deal for the United Kingdom’s horseracing, reports from English media read, Arabian Business reported.

The deal will cover up the next ten years and is forecast for official announcement by the Royal Family of the State of Qatar next month. It is also expected that the deal will be dedicated for a number of races.

The new deal would be an addition to the current 10-year sponsorship for the Qatar Goodwood Festival (also known as Glorious Goodwood) and the Qipco British Champions Series.

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