investec“Investec to sponsor English Derby”

Ask any student of racing twenty years ago which the greatest racing event in the world was, and they would’ve unhesitatingly answered the English Derby. Today the title is a vigorous contest between the “Derby” (as it’s commonly known), Paris’ Prix de l’Arc de Triomphe, Dubai’s World Cup, the Melbourne Cup, the Kentucky Derby, and perhaps the Japan Cup. Certainly, if not alone the greatest, the English Derby stands apart as the most famous.

For all that, who would ever have expected an upstart South African bank to become the Derby’s sponsor? Upstart, did we say? Yes, in global terms that’s probably an apt description, but Investec has always been an innovator, a “breed-shaper”, as we might term it in racing parlance, and that’s exactly what the local banking pacemaker agreed to this week for the next five years.

No doubt, the hand of Bernard Kantor, avid racing man and the fellow that bought us Count Dubois, was more than prominent in this relationship, which follows a £38 million revamp of the Derby’s home, Epsom Downs.

Did we leave out another marquee event when we counted the “big five”? Yes, we probably did, and that’s Royal Ascot’s King George VI and Queen Elizabeth II Stakes, which for almost two decades was sponsored by South Africa’s De Beers. The difference here is that, at the time, De Beers happened to be the world’s biggest diamond producer, whilst Investec has a way to go before it can claim the same status in the banking world. Maybe, just maybe, this is a precursor of what’s to come.

Well done, Investec. From one champion team to another, we salute you.