Godolphin Spending Review Causes Staff & Sponsorships Reduction

Godolphin Spending Review Causes Staff & Sponsorships Reduction

After a recent review of expenditure, global-leading yard Godolphin have revealed not only staff numbers are to be at the subject of a major reduction, but also the termination of at least one major sponsorship deal.

Despite a memorable year for the boys in blue - including high profile successes in the Epsom Derby and the Melbourne Cup for the very first time, the Darley bloodstock wing and racing sponsors under the Dubai banner has suffered an extensive shake-up.

Andy Wiles, the global corporate director for Godolphin and Darley is leaving the organisation, along with marketing director Bobby Brittain.

Stewards at the Curragh in Ireland have been alerted that Darley will no longer back the Irish Oaks - the Irish equivalent of the Epsom classic, while the launch of this year's Irish Godolphin Stud and Stable Staff Awards has been postponed whilst a decision on the sponsorship has been made.

York have also lost the backing of Darley for the Yorkshire Oaks - won last season by Sea Of Class at the Ebor meeting, meanwhile Darley deals in France could also be in trouble, as they primarily fund several Deauville Group Ones including the Prix Morny and Prix Jean Romanet.

Headquarters in Newmarket have proved a little more fortunate as they have contracts in place until 2022 to cover both the Darley July Cup and Dubai Future Champions Festival - headlined by the Dewhurst Stakes which was won last season by current 2,000 Guineas favourite Too Darn Hot.

The Regional Director of Jockey Club Racecourses's East Region - Amy Starkey, has thanked the impact Godolphin and Sheikh Mohammed in particular have had on major race meets in Britain after thirty years in shared partnership.

(Credit: Racing Post) She said: "His Highness Sheikh Mohammed has been a fantastic supporter of British racing for more than thirty years.

"At Newmarket racecourses we have enjoyed a long and fruitful relationship with Godolphin and Dubai, as demonstrated by the announcement last year of a long-term extension to their sponsorship of the Darley July Cup and Dubai Future Champions Festival to 2022.

"We are looking forward to working closely with Godolphin and Dubai on those events this year, and we hugely appreciate and are grateful for the support of His Highness Sheikh Mohammed and his team," she said.

The latest Godolphin amendments come almost two years after the organisation decided to part company with chief executive John Ferguson.

Ferguson was replaced by Joe Osborne, who then eleven months ago went back to his former role as head of the Irish division, following the removal of the chief executive position.