As a two-year-old in 1991, Muhtarram won both of his races, winning a maiden race at Leicester Racecourse in July and the Pytchley Stakes at the same course in October. In the following year, Muhtarram ran three times. He finished fourth behind Alnasr Alwasheek in the Craven Stakes, fifth behind Rodrigo de Triano in the 2000 Guineas and fourth behind Dr Devious in The Derby. Muhtarram did not race again until August 1993 when he won a minorstakes race at Sandown and followed up by winning the Listed Strensall Stakes at Doncaster on 2 September. Nine days after his win at Doncaster, Muhtarram was moved up in class to contest the Irish Champion Stakes at Leopardstown. Ridden by the veteran Willie Carson he took the lead inside the final furlong and won by half a length from the favourite Opera House. On his final appearance of the season he finished seventh behind Hatoof in the Champion Stakes. As a five-year-old, Muhtarram began his season by travelling to Italy, where he won the Premio Presidente della Repubblica in Rome on 15 May. Ten days later in Paris he was beaten a neck by Bigstone in the Prix d'Ispahan. He returned to England in June for the Prince of Wales's Stakes at Royal Ascot where he defeated Ezzoud by a neck. Muhtarram did not win again in 1994, but ran consistently well in major middle-distance races: he finished second in the Grand Prix de Saint-Cloud, second in the International Stakes, third in the Arlington Million, fourth in the Irish Champion Stakes and third in the Champion Stakes. Muhtarram remained in training as a six-year-old and ran three times. After finishing fifth in the Lockinge Stakes at Newbury in May he returned to Royal Ascot in June for the Prince of Wales's Stakes. He won the race for the second time, defeating Eltish by a short-head with the odds-on favourite Balanchine in fifth place. On his final appearance, Muhtarram finished sixth behind Halling in the Eclipse Stakes at Sandown.
Stud career
Muhtarram was retired to stud at the end of 1995. He had limited success as a sire of winners and produced his final crop in 2007. His best winners were the Henry II Stakes winner Fight Your Corner, and the Meld Stakes winner Muakaad. He was also the damsire of dual Oaks winner Sariska.
