Within the Eighties, the Maktoum household acknowledged that Dubai couldn’t prosper on a diminishing oil reserve and got down to diversify the economic system and develop into the monetary capital of the United Arab Emirates, a rustic incorporating seven emirates that received independence from Britain in 1971.
In thoroughbred racing, Sheikh Mohammed mixed certainly one of his nice pursuits together with his ambition to show Dubai into the Singapore of the Center East. He has industrial breeding operations and 1000’s of acres in seven nations from Europe to Australia to Japan.
His horses have received greater than 5,000 races, competing globally on the prime ranges of racing, together with victories in France’s Prix de l’Arc de Triomphe, England’s Epsom Derby and Australia’s Melbourne Cup. In North America, Sheikh Mohammed’s horses have received greater than $60 million, and Godolphin has received the Eclipse Award for excellent proprietor 3 times.
It’s unlikely the sheikh shall be at Churchill Downs to look at Important High quality try to win one of many few races on this planet that has eluded him. Whereas Sheikh Mohammed typically is seen on the races in Europe, he hardly ever attends races at American tracks. He’s, nonetheless, a fixture on the Keeneland sale, the place he strikes amongst horsemen in denims and with a coterie of advisers. He’s considered pleasant however not too acquainted, and he can supercharge the public sale ring when he sees a horse he needs.
Important High quality is proof of how Sheikh Mohammed’s operation on this nation has advanced. Not like lots of his Derby entrants (the very best was Frosted, who completed fourth in 2015), who had been bred, skilled and raced abroad, this grey colt was born right here. He was final 12 months’s 2-year-old champion, is undefeated in 5 begins in America and has banked greater than $2.2 million.