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Meydan may be the $1bn future of world horse racing

27 January 2010

UBAI -- Arrival of $1.25bn. Meydan racecourse in Dubai could be biggest racing event of year, according to a report in The Guardian.

Recent economic problems in Dubai may make the Meydan a harder sell that originally envisaged when the project was unveiled in March 2007.

The Meydan is constructed with Tapeta, believed to be the future in artificial surfaces, the Guardian report noted.

The Guardian report also noted Dubai has the capability to create a "truly international championship race meeting" at what the newspaper termed "the right time of year."

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