NEWMARKET, England// Japan may be one of the more insular racing jurisdictions, but as Meydan racecourse bore witness to in March, when Victoire Pisa won the Dubai World Cup, they do not send challengers abroad lightly.
It brings into focus the raid on Royal Ascot on Tuesday by Grand Prix Boss, the crack miler from Japan sent to Britain by the trainer Yoshito Yahagi.
Grand Prix Boss will line up in the Group 1 St James's Palace Stakes against Frankel, the impressive English 2000 Guineas winner who is officially ranked alongside Black Caviar, the Australian sprinter, as the best thoroughbreds on the planet.
It will be a clash to savour, coming as the third Group 1 race on a thrilling opening to the five-day Royal Meeting. Although Frankel commands box office audiences in England, his burgeoning status has not gone unnoticed in the Land of the Rising Sun, according to Keita Tanaka, the racing manager to owners Grand Prix Co.
"Everyone knows Frankel in Japan," Tanaka said. "He's a superstar. It's an honour to race against him and the fans back home are looking forward to it.
"Every horse has a chance and we've brought the best three-year-old miler in Japan, which is equivalent to Frankel, so it's very exciting."
Grand Prix Boss will become the first Japanese horse to race in Britain since 2006, when Heart's Cry finished third to Hurricane Run in the King George and Queen Elizabeth Stakes at Ascot.
He follows a little-known path to Europe set out by Heart's Cry, and followed by the likes of Deep Impact and Nakayama Festa, who both performed with credit in the Prix de L'Arc de Triomphe.
Nakayama Festa pushed Workforce to within a head in Paris eight months ago, and Tanaka said that Grand Prix Boss has the right profile to go one better.
"We have brought the right horse," Tanaka said. "He is very adaptable. It is the main reason why we brought him over.
"Ascot is a very tricky track, but he has won at Nakayama in Japan, which has a very steep uphill also. He ran pretty close to the course record there, so we are hopeful." Victoire Pisa's success in Dubai owed a lot to the tactical brilliance of Mirco Demuro, the Italian jockey. Demuro made an audacious move mid-race to take the contest by the scruff of the neck.
Tanaka points out that three of Grand Prix Boss's four wins have been with non-Japanese jockeys on board
"Sometimes the horse is very keen. Most of the good foreign jockeys have the skill to make him relax, Tanaka said. "Mirco's ride in the Dubai World Cup was excellent. He is the most successful foreign jockey in Japan and knows how to handle Japanese horses.
"We are planning to travel to Dubai maybe next year as the prize money is so good. As for Ascot, it is not about money. I've never been before, and I've had to get my top hat and tails. I think I'm going to look very funny in that outfit."
sports@thenational.ae
Company%20profile
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Company%20Profile
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COMPANY%20PROFILE%20
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Key changes
Commission caps
For life insurance products with a savings component, Peter Hodgins of Clyde & Co said different caps apply to the saving and protection elements:
• For the saving component, a cap of 4.5 per cent of the annualised premium per year (which may not exceed 90 per cent of the annualised premium over the policy term).
• On the protection component, there is a cap of 10 per cent of the annualised premium per year (which may not exceed 160 per cent of the annualised premium over the policy term).
• Indemnity commission, the amount of commission that can be advanced to a product salesperson, can be 50 per cent of the annualised premium for the first year or 50 per cent of the total commissions on the policy calculated.
• The remaining commission after deduction of the indemnity commission is paid equally over the premium payment term.
• For pure protection products, which only offer a life insurance component, the maximum commission will be 10 per cent of the annualised premium multiplied by the length of the policy in years.
Disclosure
Customers must now be provided with a full illustration of the product they are buying to ensure they understand the potential returns on savings products as well as the effects of any charges. There is also a “free-look” period of 30 days, where insurers must provide a full refund if the buyer wishes to cancel the policy.
“The illustration should provide for at least two scenarios to illustrate the performance of the product,” said Mr Hodgins. “All illustrations are required to be signed by the customer.”
Another illustration must outline surrender charges to ensure they understand the costs of exiting a fixed-term product early.
Illustrations must also be kept updatedand insurers must provide information on the top five investment funds available annually, including at least five years' performance data.
“This may be segregated based on the risk appetite of the customer (in which case, the top five funds for each segment must be provided),” said Mr Hodgins.
Product providers must also disclose the ratio of protection benefit to savings benefits. If a protection benefit ratio is less than 10 per cent "the product must carry a warning stating that it has limited or no protection benefit" Mr Hodgins added.
LA LIGA FIXTURES
Saturday (All UAE kick-off times)
Valencia v Atletico Madrid (midnight)
Mallorca v Alaves (4pm)
Barcelona v Getafe (7pm)
Villarreal v Levante (9.30pm)
Sunday
Granada v Real Volladolid (midnight)
Sevilla v Espanyol (3pm)
Leganes v Real Betis (5pm)
Eibar v Real Sociedad (7pm)
Athletic Bilbao v Osasuna (9.30pm)
Monday
Real Madrid v Celta Vigo (midnight)
Company%20Profile
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Results
2pm: Handicap (PA) Dh80,000 1,600m; Winner: AF Al Baher, Bernardo Pinheiro (jockey), Ernst Oertel (trainer).
2.30pm: Handicap (TB) Dh100,000 1,600m; Winner: Talento Puma, Xavier Ziani, Salem bin Ghadayer.
3pm: Handicap (TB) Dh90,000 1,950m; Winner: Tailor’s Row, Royston Ffrench, Salem bin Ghadayer.
3.30pm: Jebel Ali Stakes Listed (TB) Dh500,000 1,950m; Winner: Mark Of Approval, Patrick Cosgrave, Mahmood Hussain.
4pm: Conditions (TB) Dh125,000 1,400m; Winner: Dead-heat Raakez, Jim Crowley, Nicholas Bachalard/Attribution, Xavier Ziani, Salem bin Ghadayer.
4.30pm: Jebel Ali Sprint (TB) Dh500,000 1,000m; Winner: AlKaraama, Antonio Fresu, Musabah Al Muhairi.
5pm: Handicap (TB) Dh100,000 1,200m; Winner: Wafy, Richard Mullen, Satish Seemar.
5.30pm: Handicap (TB) Dh90,000 1,400m; Winner: Cachao, Tadhg O’Shea, Satish Seemar.
RESULTS
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Coal Black Mornings
Brett Anderson
Little Brown Book Group
'Skin'
Dir: Guy Nattiv
Starring: Jamie Bell, Danielle McDonald, Bill Camp, Vera Farmiga
Rating: 3.5/5 stars
Andor
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SPEC%20SHEET%3A%20APPLE%20M3%20MACBOOK%20AIR%20(13%22)
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LIVING IN...
This article is part of a guide on where to live in the UAE. Our reporters will profile some of the country’s most desirable districts, provide an estimate of rental prices and introduce you to some of the residents who call each area home.
PROFILE OF SWVL
Started: April 2017
Founders: Mostafa Kandil, Ahmed Sabbah and Mahmoud Nouh
Based: Cairo, Egypt
Sector: transport
Size: 450 employees
Investment: approximately $80 million
Investors include: Dubai’s Beco Capital, US’s Endeavor Catalyst, China’s MSA, Egypt’s Sawari Ventures, Sweden’s Vostok New Ventures, Property Finder CEO Michael Lahyani
COMPANY%20PROFILE
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Israel Palestine on Swedish TV 1958-1989
Director: Goran Hugo Olsson
Rating: 5/5
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SPECS
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SPECS
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The stats: 2017 Jaguar XJ
Price, base / as tested Dh326,700 / Dh342,700
Engine 3.0L V6
Transmission Eight-speed automatic
Power 340hp @ 6,000pm
Torque 450Nm @ 3,500rpm
Fuel economy, combined 9.1L / 100km
How to donate
Send “thenational” to the following numbers or call the hotline on: 0502955999
2289 – Dh10
2252 – Dh 50
6025 – Dh20
6027 – Dh 100
6026 – Dh 200
COMPANY%20PROFILE%20
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