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Bubble trouble in the racing industry?

Posted in Dubai on 06. Dec, 2009

His Highness Sheikh Mohammed bin Rashid al Maktoum with his wife, HRH Princess Haya of Jordan at Ascot

His Highness Sheikh Mohammed bin Rashid al Maktoum with his wife, HRH Princess Haya of Jordan at Ascot


It is difficult to over­estimate the scale of Sheikh Mohammed’s investment in racing over more than three decades. Darley, his breeding business, owns more than 50,000 acres of land, spread over England, Ireland, the US, Australia and Japan…

There are those, however, who believe that as a buyer of racehorses, Sheikh Mohammed’s obsession with accumulating the best at any price has created an unsustainable market, even if it has helped out some hard-pressed owners…a commentator for the US-based Thoroughbred Daily News, predicts top prices would drop by 50 per cent without the Maktoums.

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