'Biggest ever' sponsorship deal between Goodwood and Qatar

Record deal between Goodwood and Qatar Credit: Press Association

A new 10-year partnership between Goodwood Racecourse and Qatar has been announced.

The partnership is the single biggest sponsorship deal ever done for the benefit of British racing.

Commencing in 2015, this makes the Qatar Goodwood Festival one of the most significant and valuable meetings in the world.

The agreement will see more than £2m invested in eight races, while annual prize money will increase.

Glorious Goodwood, the main event, will become the Qatar Goodwood Festival.

It's hoped it will help to attract international runners from all over the world Credit: Press Association

Mr Hamad Al Attiyah, President of the Qatar Equestrian Federation said Goodwood is one of the most well-known sporting occasions and added that he was keen to help attract the best horses from all over the world.