SVREL, Fox Sports Sign 2-Year Mouttet Mile Deal

The following is a news release from the promoting company of horse racing in Jamaica - Supreme Ventures Racing and Entertainment Limited

Kingston, Jamaica - Caymanas Park, Jamaica's premier horse racing venue, is poised for significant growth and more international recognition, thanks to a strategic partnership with the New York Racing Association (NYRA). This collaboration, ignited by the improvement being done at the park by operators Supreme Ventures Racing and Entertainment Limited (SVREL) over the past seven, potentially marks a turning point for the Jamaican horse racing industry.

In a major boost to the Caymanas Park's profile, NYRA and FOX Sports have committed to a two-year agreement to broadcast the prestigious Mouttet Mile Invitational live in the USA. This partnership renewal comes after the resounding success of the 2023 Mouttet Mile Invitational which was televised live for the first time on FOX Sports.

SVREL Executive Chairman Solomon Sharpe expressed his joy with the development. “Since SVREL has been at the helm of operations at Caymanas Park, we’ve made US multi-million-dollar investments into the product and the infrastructure as we strongly believe in the value of horseracing as an industry. We are very excited to have NYRA see the gem that Caymanas Park is and for them to step up and commit to investing in the product to help bring the sport to international racing fans. By all accounts, last year’s broadcast on FOX Sports was a hit. Racing fans from NY to California fell in love with the energy of racing at Caymanas Park and so we’re very pleased to have FOX and NYRA back on board for not just this year but also the 2025 Mouttet Mile. The potential for the growth of the local industry with the exposure and support from NYRA and FOX is limitless.” Sharpe has consistently shared his vision for the facility to become the premier destination for sports and entertainment in the Caribbean.

In addition to broadcasting the next two editions of the Mouttet Mile, FOX Sports also stated that the extended coverage will showcase not only the world-class racing at Caymanas Park but also the venue's unique and electric atmosphere brought by the passionate racing fans. The partnership will also officially make the linkage between sports and tourism by including Jamaica’s natural beauty and historical sites in the broadcast partnership. They will also be showcasing not only the racing but the passion of the fans at Caymanas Park who add to the unique energy at the iconic venue.

Overseas punters are not to left out as NYRA will offer a special Pick 5 wager that includes not only two graded stakes at Caymanas Park, including the Mouttet Mile, but also the prestigious Cigar Mile at Aqueduct—a Grade 1 race with a purse of US$750,000.

"NYRA is looking to host an inter tote wagering double race with the Mouttet Mile and the Cigar Mile. Interest in the Mouttet Mile and by extension Caymanas Park has spread from coast to coast in the USA. Making betting on the Mouttet Mile accessible in the USA is a great achievement and it takes us closer to realising the ultimate goal of having the race included in the World Pool,” said Sharpe.

He also hinted at a possible purse increase for next year's Mouttet Mile.

The Mouttet Mile Invitational is a Grade One event for three-year-olds and upward going over a mile (1,600m) and in successive years has set the record for the largest purse in the English-speaking Caribbean. The 2024 purse is set at a historic US $250,000. The 3^rd Running of the Mouttet Mile is scheduled for December 7.

This year’s staging is already shaping up to be an exciting affair with early interest from 7 prominent overseas-based horses and two local horses already earning their automatic spots in an exciting Win and You’re In promotion by copping wins in The Jamaica Derby (Gr. 1) and the Philip Feanny OD Gold Cup (Gr. 1). The final Win & You’re In instalments are The Jamaica Cup (Gr. 1) and Port Royal Sprint (Gr. 3) scheduled for November 9.

The collaboration between Caymanas Park and NYRA represents a significant milestone for Jamaica's horse racing industry.

Sharpe concluded “Over the past few years we’ve been able to attract some local corporate sponsors which we see as an endorsement of SVREL’s efforts to elevate horseracing and create a thriving ecosystem around it. This endorsement by an organization like NYRA bodes well for the future of racing and we can’t wait to welcome even more international partners on board as we grow a sustainable product. All of this happening in Caymanas Park’s 65^th anniversary year makes it extra special.”

Building on the solid groundwork laid by SVREL's investments and innovations, this partnership with NYRA is expected to bring new opportunities, increased investment, and a higher international profile to Jamaican horse racing.