HRH Prince Muhammad bin Khaled Al Abdullah Al Faisal, Chairman of the (stc) Group, crowned the winner of the $1.5 million prize in the stc 1351 Cup race as part of the 2023 Saudi Cup, the most expensive horse race in world in its fourth edition, which was held at King Abdulaziz Square Equestrian Sports in the presence of His Royal Highness Prince Bandar bin Khaled Al Faisal, Chairman of the Board Director of the Equestrian Sports Authority, Chairman of the Board of Directors of the Horse Racing Club and CEO of stc Group, engineer Olayan bin Muhammad Al – Watid.
And he received the first place prize, the Lion Bather, where 11 international knights competed in a race sponsored by stc bearing her name and the date of the unification of the Kingdom of Saudi Arabia 1351. Yesterday, stc sponsored the Global Cavalry Challenge, consisting of 4 runs, with a total prize $1.6 million fund $400,000 for each round where stc awarded prizes to the winning riders.
stc’s sponsorship of this international event as a platinum partner and technical support is in line with its strategy of supporting initiatives in vital sectors, including the sports sector, and supporting the holding of international events in the Kingdom, as well as building on the association of horses with the culture, heritage and history of the Kingdom, as well as also as a continuation of the great interest that the Kingdom attaches to equestrian sports.