MIDDLE Eastern investment is not restricted to European sales and racing, as was evident at Fasig-Tipton’s July Selected Horses of Racing Age, where bloodstock agent Mahmud Mouni bid a record-breaking price of $1.7 million.

The object of his affections, stakes-winning two-year-old Romeo, was bought on behalf of the Libyan-based partnership Tagermeen Racing. The combination made a big impression at this year’s breeze-up sales, spending $2,795,000 at the same venue’s Midlantic Sale, and $4,855,000 at the OBS Spring Sale.