Billionaire racing tycoon JP McManus has made another major horse acquisition, this time poaching a talented four-legged beauty from little-known owner Paul Byrne.
McManus and Byrne: A Powerful Business Relationship
McManus and Byrne have been building a formidable business relationship in the horse transfer market, and this latest purchase marks the fifth horse that McManus has acquired from Byrne. With his shrewd eye for talent, Byrne has been dubbed the "shrewdest guy in racing."
Feronily: From Bumper to Champion Chaser in Record Time
The latest addition to McManus' stable is six-year-old gelding Feronily, who has quickly risen up the ranks from a third-place finish in a bumper in February to becoming a Grade 1 champion chaser in April. Trained by Emmet Mullins, Feronily clinched the Champion Novice Chase at the prestigious Punchestown Festival, impressing everyone with his speed and skill.
A Lucrative Investment?
McManus is no stranger to big-money investments, and it's safe to assume that the price he paid to own Feronily is several times the £66,000 winnings the horse brought in from the Festival victory. However, McManus will be hoping that Feronily proves to be a mega money-spinner, unlike some of his previous acquisitions from Byrne.
Previous Byrne-to-McManus Transfers
Feronily joins a list of notable horses that have made the switch from Byrne to McManus. These include The Shunter, Filey Bay, So Scottish, and Corbetts Cross. While some of these horses haven't lived up to expectations under McManus' ownership, others have shown promising potential for success in the future.
Missed Opportunities and Unfulfilled Potential
While The Shunter, Filey Bay, and So Scottish have had less-than-stellar performances since joining McManus' stable, there is still hope for improvement. So Scottish struggled at the Cheltenham Festival, while The Shunter and Filey Bay have only managed two victories between them. Corbetts Cross, on the other hand, was a strong contender before unfortunately running out at the last hurdle in the Albert Bartlett race.
Success with I Am Maximus
Despite these setbacks, McManus has celebrated success with other acquisitions. Earlier this year, he purchased I Am Maximus from Michael Grech, which turned out to be a wise move. Just two weeks after the acquisition, I Am Maximus secured a victory in the Irish Grand National.