Kia Joorabchian’s £3.78m ‘early strike’ for colt shows big bloodstock ambition
Kia Joorabchian, the founder of Amo Racing, made an early seven-figure purchase at the Tattersalls Book 1 sale, acquiring a bay colt by Frankel for £3.78 million. This purchase is seen as a sign of Joorabchian's ambition to compete with the largest and wealthiest operations in global flat racing, such as Coolmore Stud and Godolphin. Joorabchian spent around £25 million on 25 new yearling recruits at last year's Book 1 sale, indicating his determination to establish Amo Racing as a major player in the sport. This early and significant investment in a high-profile sire's offspring suggests Joorabchian's intention to challenge the traditional dominance of the industry's most affluent entities.
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