Members of the Supreme Ventures Limited and Supreme Ventures Racing and Entertainment Limited heirarchy.
Having delivered according to expectations over the past two years, the hierarchy of Supreme Ventures Racing and Entertainment Limited (SVREL) have promised that this year’s third edition of the Mouttet Invitational Mile will be the best yet, as they announced three changes to the conditions for its marquee event.
Those three changes include the allocation of 10 starting stalls for horses domiciled in Jamaica before January 1, 2024, with six starting stalls now being allocated to horses not domiciled in Jamaica before January 1, 2024, while the winners of the Jamaica Derby, Jamaica Cup, Philip Feanny Gold Cup, and the Port Royal Sprint will gain automatic entry in the Mouttet Mile.
The first two changes represent a shift from last year’s conditions when 12 stalls were reserved for horses domiciled in Jamaica before January 1, 2024, and four for horses not domiciled in Jamaica before January 1, 2024.
These changes by the promoting company are in addition to reaffirming the Mouttet Mile’s status as the most lucrative single racing event in the English-speaking Caribbean with a staggering increase in purse from US$150,000 to US$250,000 ($38,000,000 Jamaican), which was announced earlier this year.
Chris Wills, SVREL’s acting general manager of operations, said it is only fitting that the promoting company surpasses its own milestone set last year when they had overseas-based jockeys and horses to add to the excitement that was livestreamed in the United States on Fox5.
This year’s edition of the Mouttet Mile, a Grade One race for three-year-olds and up over one mile (1,600m), is scheduled for December 7, when the promoting company aims to build on the momentum gained last year.
“When we first conceptualized the idea of hosting a race day at Caymanas Park that could stand shoulder-to-shoulder with most of the prestigious events on the global racing calendar, it seemed like it was an audacious dream. However, with the approval of our board, we set to turn this dream into a reality.
“Of course, every ambitious endeavour requires the support of dedicated partners, and we were fortunate to get the backing of the Mouttet family, who not only shared our vision, but also provided the crucial support which was needed to kick start this incredible journey. Their belief in our vision enabled us to offer the largest purse ever in the English-speaking Caribbean,” Wills said during a press conference in Kingston on Tuesday.
“Since the first staging of the Mouttet Mile, I think it's fair to say the race has become the most anticipated race day in the Caribbean. It has raised the bar for what is possible for a standard we can deliver right here in Jamaica. The success of the first year was just the beginning. So, as we look ahead to 2024, I'm thrilled to announce that the best is yet to come. We are pulling out all the stops to make the third running of the Mouttet Mile Invitational an unforgettable event,” he added.
Aside from the Mouttet Mile, Gary Peart, chairman of Supreme Ventures Limited, pointed to the significance of sustained partnerships to shape the future of the overall racing product and the industry on a whole.
“Our mantra has been harmony and until all the stakeholders in horse racing come together in harmony, we will not truly realize the potential of horse racing. Most of the stakeholders are here, the only one that is outstanding is the government, and I'm appealing to my stakeholders, let's come together in harmony and let's walk and sit with the government because we think that Caymanas can not only change the fortunes of our stakeholders in horse racing, but the country on a whole,” Peart declared, as his hinted at the possibility of attracting more overseas patrons for this year’s event.
“Last year we were able to cut a deal to get Mouttet Mile on Fox Sports, and for the first time, horse racing from Jamaica was live on mainstream TV in the United States.
“It's very important, because if the experts at Jamaica Tourist Board and their team can see the potential of what a day of Caymanas Park is like, then it tells me to convince the rest of the ecosystem here and internationally that it is not going to be that great of a challenge,” he noted.
Meanwhile, SVREL’s executive chairman, Solomon Sharpe, who is overseas, lent his voice to proceedings, as he too promised that this year’s edition will again raise the bar to higher heights.
Sherdon Cowan is a five-time award-winning journalist with 10 years' experience covering sports.
Supreme Ventures Racing urges review of racing rule after Caymanas Park abandonments
Supreme Ventures Racing and Entertainment Limited (SVREL), operators of Caymanas Park, have called for a review of Rule 44 (iii) enforced by the Jamaica Racing Commission (JRC) following the cancellation of two races during the April 27 race meet at Caymanas Park.
In a press conference on Monday addressing the abandoned races, SVREL Executive Chairman Solomon Sharpe expressed frustration with the rule, highlighting its potential impact on the racing industry.
"This rule, unique to Jamaica, imposes a strict five-minute limit after the published post time for races at Caymanas Park," Sharpe stated. "It fails to account for various factors that can delay race starts and penalizes all stakeholders when races are abandoned, affecting punters, jockeys, grooms, trainers, owners, promoters, and the government."
Last year, Caymanas Park contributed over $260 million in combined taxes to the government's coffers. Sharpe urged the JRC to engage SVREL in discussions on Rule 44, emphasizing the need for constructive dialogue to address the rule's impact.
"We were not consulted during the initial discussions on this rule, and now, with two races abandoned in a single race day, our concerns have materialized," Sharpe explained. "SVREL is open to collaborating with the JRC to review and refine this amended rule."
Representatives from the Grooms Association, Jockeys Association, and the United Racehorse Trainers Association echoed SVREL's concerns and supported the call for a review of Rule 44.
Sharpe concluded by appealing to regulators, stakeholders, and the public to support the growth of the horseracing industry in Jamaica. "Horseracing has immense potential in Jamaica and can become a significant foreign exchange earner. Realizing this potential requires collaboration among all stakeholders."
SVREL has been operating Caymanas Park since March 2017 after the government divested the property. With investments exceeding J$4 billion in product enhancements and innovations like the Mouttet Mile, which boasts the largest purse in the English-speaking Caribbean, SVREL remains committed to advancing the horseracing experience in Jamaica.
Supreme Ventures Racing regrets abandonment of two races at Caymanas Park on Saturday
Supreme Ventures Racing & Entertainment Limited (SVREL) has expressed regret and disappointment following the abandonment of two races during the Saturday, April 27 race day at Caymanas Park in St Catherine, Jamaica.
The decision to abandon these races, SVREL said, was made in compliance with regulations set forth by the Jamaica Racing Commission (JRC), leading to the refund of all related pools according to SVREL's Pari-mutuel rules.
According to the statement released by SVREL late Saturday, the abandonment of races number one and six, respectively, was declared by the stewards of the Jamaica Racing Commission (JRC) due to delays that exceeded the permitted time frame as stipulated by Rule 44(iii).
Specifically, in race number one, scheduled to commence at 12:00 pm, a saddling issue with horse number five and a mandatory veterinary check for horse number eight, which reared and fell after exiting the saddling barn, resulted in delays beyond the allowable limit.
Similarly, race number six, slated for 3:10 pm, was delayed due to a horse running loose, ultimately leading to its abandonment by the stewards of the JRC.
SVREL explained that the recent amendments to Rule 44(iii), which came into effect from April 1, 2024, mandate strict adherence to race start times with a maximum allowance of five minutes after the published post time. SVREL noted that Jamaica is unique in enforcing such a rule without prior consultation with the sole promoter of horseracing in Jamaica.
The enforcement of this rule has led to financial losses for industry stakeholders, including owners, trainers, jockeys, grooms, punters, and the promoter and as such the disruption caused by the abandonment of these races understandably resulted in unrest among stakeholder groups.
Despite the challenges faced, the race meet resumed with race number seven at approximately 4:00 pm, SVREL noted.
SVREL has now issued a sincere apology to valued customers and stakeholders for the inconvenience caused by the abandonment of races one and six by the JRC. SVREL also emphasized its readiness for open dialogue with the JRC and all impacted stakeholders to ensure the continued success and integrity of the horseracing industry.
As the sole promoter of horseracing in Jamaica, SVREL said it remains committed to addressing challenges collaboratively and upholding the highest standards of professionalism and service within the industry.
Light seeking to shine again at Sandown
Kitty’s Light is taking aim at his usual season finisher in the bet365 Gold Cup at Sandown.
The gelding has been a star for trainer Christian Williams, winning big handicap events like the Eider Chase and the Scottish Grand National and going close in the Charlie Hall and the Coral Trophy.
He has particularly good record in the bet365 Gold Cup on the final day of the season, missing out only due to interference when second in 2021 and coming home third in 2022.
Last year he was completed the set of podium finishes when winning by two and a half lengths under usual jockey Jack Tudor.
The two are well acquainted and teamed up for Kitty’s Light’s Grand National bid at Aintree earlier in the month, where he ran a valiant race to finish fifth behind four Grade-One winning Irish chasers.
Williams was incredibly proud of his stable star and is now hoping the gelding can shine again in the Sandown contest he has found to be lucrative in the past.
“It was wonderful, we trained him to win the race and we thought he could, but you couldn’t be disappointed with what he did,” Williams said of the National performance.
“We were thrilled, the horse tried his best and we were very, very proud of horse and jockey.
“He’s come out of it very well, if the race was run today even then he’d be running, he’s in good form.
“He loves it at Sandown with the big fences, his jumping has come on now but even as a five-year-old he nearly won the race.
“He was third the year after that, it really seems to suit him.
“I think he likes going right-handed, he hangs a little bit right at home and he seems to really enjoy it there.
“We’re taking our chance anyway, he seems well and we’ll hope for the best.”
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