Tom Queally and Frankel won at Ascot.
Tom Queally and Frankel won at Ascot.
Tom Queally and Frankel won at Ascot.
Tom Queally and Frankel won at Ascot.

Frankel keeps his perfect record with Ascot win


  • English
  • Arabic

Ascot, England // Frankel saved his career-defining performance until his final race by producing a dramatic victory in the Champion Stakes at Ascot last night.

The world’s highest-rated racehorse was finally required to come off the bridle for the first time in his unblemished 14-race career after a furious challenge from Cirrus Des Aigles forced jockey Tom Queally to pull out all the stops.

Where Frankel’s outrageous ability had seen him destroy 20 subsequent Group 1 winners over the past three seasons, unfavourably soft conditions finally drew the world’s best horse into a dogfight. And what a fighter he was as he held off the sustained challenge of Cirrus Des Aigles, the defending champion, by a length and a quarter.

Frankel will now retire with his perfect record intact and will perform stallion duties for Juddmonte Farms, Prince Khalid Abdullah’s worldwide breeding operation.

“He is a magical horse but four years is enough,” the Saudi Prince said. “Today was important. I knew that he was going to win and but for the ground he would have been a lot further way from Cirrus Des Aigles.”

Frankel’s maturity as a four-year-old threatened to derail his attempt to keep his unbeaten record intact as the son of Galileo missed the break and was left for a heartbeat inside the starting stalls.

Out jumped his three-quarters brother Bullet Train, and Olivier Peslier was determined to make the 10-furlong contest a test of stamina and went with him on Cirrus Des Aigles.

William Buick helped to pull Frankel out of his comfort zone by positioning Nathaniel in behind.

Queally rousted his mount along in the first furlong and had Buick in his sights as the field swept around the bend. As the six horses came into the straight Buick had pressed the accelerator to put down his challenge to Cirrus Des Aigles and with two furlongs to go it looked as if the pair might fight out the finish.

Frankel ranged up and passed Nathaniel, however, and approaching the final furlong the two highest-rated horses in the world came together.

“I had to give him a kick, which I don’t usually have to but when I did the power kicked in. It was like a 4x4, the engine started going,” Queally said.“I am really proud of Frankel and we have been on an amazing journey. He was slow away in his last race, and a little bit slower today but I have so much belief in the horse and I suppose that we pushed that to the limit.

“Under the circumstances I would say it is up there with his best performances.”

Frankel’s legacy is no longer simply as the greatest miler the world has seen and his ability over ten furlongs, and now his determination to win, will stand the test of time.

Sir Henry Cecil had said last year that Frankel was the best horse he had laid eyes on in 44 years of training but the 69-year-old trainer was adamant that now his charge's reputation as the best of all time was assured.

“In the end he had plenty in hand,” Cecil said. “I cannot believe in the history of racing that there has been a better horse.”

sports@thenational.ae

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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Sting & Shaggy

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(Interscope)

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German intelligence warnings
  • 2002: "Hezbollah supporters feared becoming a target of security services because of the effects of [9/11] ... discussions on Hezbollah policy moved from mosques into smaller circles in private homes." Supporters in Germany: 800
  • 2013: "Financial and logistical support from Germany for Hezbollah in Lebanon supports the armed struggle against Israel ... Hezbollah supporters in Germany hold back from actions that would gain publicity." Supporters in Germany: 950
  • 2023: "It must be reckoned with that Hezbollah will continue to plan terrorist actions outside the Middle East against Israel or Israeli interests." Supporters in Germany: 1,250 

Source: Federal Office for the Protection of the Constitution

Terror attacks in Paris, November 13, 2015

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Ballon d’Or (Men’s)
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Ballon d’Or Féminin (Women’s)
Aitana Bonmatí (Barcelona / Spain)

Kopa Trophy (Best player under 21 – Men’s)
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Yashin Trophy (Best Goalkeeper – Men’s)
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Men’s Coach of the Year
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Women’s Coach of the Year
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