Sagitta drops out of Guineas sponsorship

Newmarket will have to look for a new sponsor for its Guineas meeting after being told that Sagitta would not be carrying on its backing.

The 1000 and 2000 Guineas first carried the names of the financial services company in 1998, but the company formed by racehorse owners Wafic Said and Bob Michaelson has now completed the second of its three-year contracts.