Western sanctions hit Kadyrov's horses

20 October 2014 14:01
(QHA) -

The trainer of the celebrated thoroughbreds Zazou and Dashing Home cannot collect prize money won in races in Germany because the horses are owned by Ramzan Kadyrov, the strongman leader of Russia’s Chechnya republic who was put on the European Union sanctions list for supporting the annexation of Crimea, The Guardian reports.

As a result, the horses’ winnings are frozen, as is the funding from Kadyrov to feed, house and train them in Cologne.

“The horses aren’t allowed to race, we have to wait until the embargo is lifted,” trainer Waldemar Hickst told the Wall Street Journal this week. He said he is now financing the horses’ new idle lifestyle out of his own pocket.

The two stallions are ranked among the best in the world, and seven-year-old Zazou has earned at least €1m (£800,000) in prize money over his career. Since Kadyrov’s European assets were frozen by sanctions in July, Zazou has won €5,500 in Baden Baden and €2,000 in Dusseldorf,the German tabloid Bild reported. Due to sanctions, the two horses are no longer allowed to race, according to their trainer.

Kadyrov has spent huge sums of money on horseracing and was reported in 2011 to own more than 50 thoroughbreds. According to a 2013 television report, which also showed him frolicking with horses and holding pick-up races in Chechnya, Kadyrov bought one thoroughbred for $4m. He purchased Zazou in 2012 for an undisclosed sum.