Racing ahead
It's hugely popular in many countries, but in China the industry is still in its infancy. Mei Ling Young reports on efforts to develop the 'Sport of Kings'.
A group of well-heeled mavericks from China is poised to take the global racing world by storm. Led by Teo Ah Khing, the Malaysian-Chinese architect who designed the $1.6 billion Meydan Racecourse in Dubai, the China Horse Club shot from obscurity to worldwide fame in June when it won the coveted Epsom Derby with the prize thoroughbred, named Australia.
A combination of audacity, industry and acumen has won the support of key figures in the British racing establishment, including John Warren, bloodstock adviser to Queen Elizabeth II, and Coolmore Stud, Ireland's most successful stud farm.