Qataris sign up to biggest sponsorship deal in British racing history

The seemingly limitless spending power of Qatar was once more on show on Wednesday, when its ruling family signed up for the biggest sponsorship deal in the history of British racing. Having agreed to provide the prize money, the Qataris immediately set about trying to win some of it back by purchasing two horses fancied for races at Royal Ascot next week, including King Of Rooks, an impressive winner of Sandown’s recent National Stakes.