RaceX acquires Asaassi for UAE syndicate offering

RaceX has acquired Asaassi (FR), a proven UAE runner with an ERA rating of 100, and is now selling limited syndicate shares to owners in Dubai. The deal gives racing fans access to a horse with local form, European bloodlines and a chance to participate in prize money across the UAE season. Why it matters: - RaceX is expanding its UAE ownership offering with a horse that already has proven form in the Emirates. - Asaassi’s profile is meant to appeal to buyers who want a more direct ownership experience and exposure to prize money in one of the region’s most active racing markets. - The acquisition also underscores demand for syndication models that lower the barrier to racehorse ownership in Dubai. What happened: - RaceX announced the acquisition of Asaassi (FR) on June 16, 2026, in Dubai. - The horse joins the RaceX stable ahead of the forthcoming UAE racing season. - RaceX is now accepting expressions of interest for limited syndicate shares in Asaassi. The details: - Asaassi has an ERA rating of 100. - The horse has an established record in the Emirates and has already shown an ability to compete in UAE racing. - Asaassi is by Sea The Moon (GER), giving the horse European bloodlines alongside local racing experience. - RaceX says the horse’s familiarity with local conditions at leading UAE tracks adds to his appeal for the season ahead. - Jennifer McShane-Bary, CEO of RaceX, said Asaassi fits the company’s goal of acquiring horses that can compete in the UAE and provide owners with a first-class racing experience. - Each syndicate share includes genuine ownership in Asaassi, one Owners Badge admitting two people, access to race meetings across the UAE except Dubai World Cup Raceday, stable visits, morning trackwork experiences, regular trainer and RaceX updates, behind-the-scenes access, a pro-rata share of 75% of owners’ prize money, and invitations to exclusive RaceX events. - RaceX says the syndicate format lets members become racehorse owners without the costs and complexities of sole ownership. - RaceX is based in Dubai and says it aims to make racehorse ownership more accessible, transparent and rewarding. - The company’s contact details list racing@racex.ae, www.racex.ae , and social profiles on LinkedIn and Instagram . Between the lines: - RaceX is positioning Asaassi as both a sporting asset and a retail ownership product. - The pitch leans on two selling points: proven UAE performance and a simplified path into ownership. - The emphasis on prize money, stable access and owner events suggests RaceX is competing on experience as much as on horse quality. What’s next: - RaceX will market syndicate shares ahead of Asaassi’s preparations for the upcoming UAE racing season. - Owners who buy in can expect updates, stable access and race-day participation as the horse progresses through the campaign. - RaceX has not announced a specific training base, debut target or racing schedule for Asaassi. The bottom line: - RaceX is betting that a proven UAE horse with European breeding will attract new owners looking for a hands-on way into Dubai racing.