Sheikh Mohammed… Darley… Godolphin… the Arabs in general have been a Godsend to the horse industry.
They have bought gazillions in bloodstock, created the greatest racing stables in the history of the game and developed gorgeous breeding farms all over the planet. They have also developed one of the most exciting, glamorous racing venues and occasions imaginable in Dubai - the Dubai Cup. This is a fixture whose significance ranks with the Kentucky Derby, Breeders' Cup, Royal Ascot, Melbourne Cup and some of those big events in Hong Kong and Tokyo.
Now Sheikh Mo and Dubai World have become overextended with their stunning developments all along the Persian Gulf and they are seeking a six-month moratorium on a $60 billion debt. This seemingly could impact one of the sturdiest pillars holding up the ailing American horse industry… though there are indications that this will not be the case.
Speculation about this surprising Arab financial crisis curiously has brought about a rash of blog comments - many of which are hostile to the Arab presence in the horse industry. I think this is insane. We ought to get down on our knees and thank God for bringing us the Arabs.
They are hell to beat on the race track, but so what? Someone is always going to be hell to beat on the race track!
But the Arabs go first class. They mind their business. They love their horses. And they quietly appreciate the sport. They could not be more wonderful stewards of their land and they are splendid citizens.
Everything they have touched is better because they did touch it. The Americans, the English and the Australians, the personnel they have hired to represent them, are the crème de la crème of Thoroughbred racing.
So all of this together causes me to say Three Cheers for the Arabs.
This is Cot Campbell and this is my view.