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The £24m Gamble at EpsomTwenty months after embarking on a remarkable £24m spending spree on yearlings at Tattersalls' Book 1 sale in Newmarket, football "super-agent" Kia Joorabchian stands at the threshold of potentially the biggest payoff of his career. As the 247th running of the Epsom Derby approaches, Joorabchian will watch two of his high-profile acquisitions, Poker and Ancient Egypt, compete in the premier Classic, with the outcome potentially reshaping his position in the elite world of international horse racing.The Bloodstock Investment BreakdownThe contrasting stories of Joorabchian's two Derby hopefuls illustrate the uncertainties and potential rewards of high-end bloodstock investment. Poker, the most expensive yearling colt ever sold at public auction in Europe, cost 4.3m gns (£4.5m) but has yet to win even a novice event in three attempts, starting as a 200-1 outsider to become the first maiden to win the Derby since 1887.In stark contrast, Ancient Egypt was purchased for 1.1m gns (£1.2m) – approximately a quarter of Poker's price tag – and has already established himself as a serious contender with three wins from four starts. The son of Frankel, out of a full-sister to a Group One-winning mare, represents Joorabchian's more calculated investment, with the Derby being the primary target when the colt was acquired.The Financial Calculus of Racing RoyaltyWhile the total purse for this year's Derby stands at £2m, with approximately half going to the winner's connections, the financial considerations extend far beyond prize money. For Joorabchian, the £24m investment represents an ambitious entry into the exclusive world of international Flat racing, an arena traditionally dominated by individuals with sovereign wealth from Dubai, Qatar, and Saudi Arabia.The true value lies in establishing a virtuous loop between racing success and breeding potential. A Derby-winning son of Frankel would represent an elite stallion prospect, potentially worth many times the original investment through future breeding rights. This strategic approach mirrors the model employed by John Magnier's Coolmore Stud operation, which has dominated European racing for decades.Challenging Establishment in Horse RacingJoorabchian's venture represents a significant shift in the ownership landscape of elite horse racing. For decades, the sport's premier events have been dominated by homebred horses from established operations like Godolphin, Coolmore, and the Aga Khan, as evidenced by last year's Derby where the first nine finishers included multiple homebred champions.Charlie Johnston, Ancient Egypt's trainer, acknowledges the unique position of his high-profile charge: "You try and tell yourself that from the moment they walk through the door, they all get treated the same regardless of price tag or pedigree, but let's say that, as George Orwell would say, all animals are equal but some are more equal than others." The pressure to deliver on such a significant investment is immense, yet Johnston remains focused on the task at hand.The Road to Racing LegacyShould Ancient Egypt triumph at Epsom, it would mark not only a remarkable return on Joorabchian's investment but also a historic achievement for Johnston. The Yorkshire-based trainer would become the first to saddle a Derby winner since 1869, continuing a family legacy built by his record-breaking father, Mark."There would have been time [for another run before the Derby] but I just felt he'd done enough to book his ticket for Epsom," Johnston explains of his decision to bypass additional prep races. With Ancient Egypt's proven pedigree, including connections to six-time Group One-winner Midday, and a developing race record that could complement his breeding potential, the stage is set for what could be a transformative day for both horse and owner in the world of elite horse racing.

The LeadThe 2026 Derby is set to be an exciting event, with a range of talented horses competing for the top spot. This guide provides a detailed analysis of each horse, including their trainer, jockey, and odds.Horse-by-Horse AnalysisActionTrainer/jockey: Aidan O’Brien/Wayne Lordan, stall 11Timeform rating: 125. Odds: 25-1Pedigree: Frankel/Gossamer Wings (Scat Daddy)Finished a half-length second to Hawk Mountain in the Group One Futurity on heavy ground at Doncaster last season.AldermanRichard Hannon/Pat Dobbs, stall 6Timeform: 97p. Odds: 250-1Pedigree: Study Of Man/Alagappa (Archipenko)Steadily progressive in three outings so far, most recently finishing four-and-a-quarter lengths behind Water To Wine over 11 furlongs at Newbury.Ancient EgyptCharlie Johnston/David Egan, stall 10Timeform: 123p. Odds: 16-1Pedigree: Frankel/Atone (Oasis Dream)One of two seven-figure yearling colts at the elite Tattersalls Book 1 sale in October 2024.Taste Of GloryAndrew Balding/Jamie Spencer, stall 7Timeform rating: 105. Odds: 300-1Pedigree: Soldier Hollow/Aothea (Areion)A €20k purchase with a long shot at winning.BalzacJane Chapple-Hyam/Silvestre de Sousa, stall 2Timeform: 112. Odds: 150-1Pedigree: Japan/Brit Wit (High Chaparral)Only win in four starts was in an all-weather maiden at Kempton in April.Bay Of BrillianceRalph Beckett/Hector Crouch, stall 9Timeform: 128p. Odds: 16-1Pedigree: New Bay/Incroyable (Singspiel)Forced Maltese Cross to pull out all the stops in the Lingfield Trial.Benvenuto CelliniAidan O’Brien/Ryan Moore, stall 12Timeform: 130p. Odds: 9-4Pedigree: Frankel/Newspaperofrecord (Lope De Vega)Boasts an impeccable pedigree and was a convincing winner of a strong trial.Christmas DayAidan O’Brien/Ronan Whelan, stall 5Timeform: 125p. Odds: 25-1Pedigree: Camelot/Beauly (Sea The Stars)Set off as favourite for the Dante at York last month.

The Pavilion’s Bold Brick TurnThe 2026 Serpentine Pavilion, traditionally a showcase for experimental, often temporary materials, is being built entirely of rust‑coloured brick arranged in a sinuous crinkle‑crankle wall. Mexican studio Lanza Atelier, founded by Isabel Abascal and Alessandro Arienzo, reinterprets a 17th‑century drainage technique to create a structure that is both a wall and a gathering place.Crinkle‑Crankle Wall: A 17th‑Century Technique ReimaginedThe wall follows a sinusoidal form that provides inherent stability, allowing a single brick layer without buttressing. Originating in Suffolk’s marsh‑drainage works and known in Dutch as slangenmuur, the technique also appears in Mexican and ancient Egyptian contexts. By setting bricks back‑to‑front and threading them through reinforcing bars, the pavilion can be dismantled with minimal waste.Key Dates and Material FactsOpening period: 6 June – 25 October 2026Material source: Standard‑size bricks manufactured in SurreyHistorical note: First use of brick in the Serpentine’s 25‑year programmeDesign intent: South‑facing wall captures winter sun, extending the growing season for on‑site fruit treesBeyond Division: Walls as Climate‑Responsive Public SpacesAbascal frames the wall as an “attractor” rather than a barrier, creating a series of intimate rooms that invite gathering. The curvilinear geometry not only references the park’s pond but also provides passive solar heating, demonstrating how a traditionally defensive structure can serve ecological and social functions.Future of Temporary ArchitectureBy proving that a permanent‑looking material can be both lightweight and recyclable, Lanza Atelier sets a precedent for future pavilions to experiment with locally sourced, low‑impact building blocks. The success of this brick‑first approach may encourage other architects to revisit historic techniques, blending heritage with contemporary sustainability goals.

The northern hemisphere is currently treated to a spectacular view of the constellation Leo, dominating the spring night sky. The Sickle Asterism and Regulus Leo is most easily identified by its distinctive "backwards" question mark, referred to by astronomers as the "sickle" asterism and representing the head of the lion. The constellation's brightest star is Regulus, a brilliant blue-white star that sits almost exactly on the ecliptic, the path traced by the sun, moon and planets across the sky. Historical and Astronomical Significance Antiquity: Recognized since antiquity, it is one of the original 48 constellations listed by Ptolemy in the second century. Star Data: Regulus' position on the ecliptic makes it a critical marker for tracking planetary movements. Visibility: While visible from the southern hemisphere in the northern sky, it is currently the dominant feature in the northern hemisphere's spring evenings. Cultural Legacy Across Civilizations The constellation has a rich mythological tradition that spans thousands of years. In Mesopotamia, it was associated with the lion ridden by the goddess Ishtar, while the ancient Egyptians linked it to the annual flooding of the Nile River, which occurred when the sun passed through this region of the sky. Best Viewing Times for 2026 For optimal viewing, look high in the southern sky. The chart shows the view looking high in the southern sky from London on 27 April at 22:00 BST, although the view will be essentially the same all week.