Word: sheiking
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Arazi's other owner, United Arab Emirates Defense Minister Sheik Mohammed bin-Rashid al-Maktoum, whose family possesses more racehorses than anyone else in the world, has other ideas. He would like Arazi to shoot for an unprecedented transatlantic double by running in the Kentucky Derby and then going on in June to the $1 million Epsom Derby, Britain's premier flat race. Contesting Epsom as well as the full Triple Crown is impossible because the events are spaced too closely on the calendar...
...Sheik Mohammed has spent several fortunes trying to win glory in the English Derby and has never done it," says Lord White of Hull, the chairman of Hanson Industries, whose Ever Ready subsidiary sponsors Epsom. "Paulson, on the other hand, has a very pragmatic attitude toward the financial rewards represented by the Triple Crown. You've got two very strong-willed men; the question of where Arazi runs may, in the end, come down to money...
...Sheik Mohammed purchased his 50% share in Arazi from Paulson six months ago. Sheik Mohammed had tried several times before to buy the horse through intermediaries, but Paulson refused. Finally, during last year's $1.5 million Arc de Triomphe at Paris's Longchamps racecourse, the Arab prince pressed Paulson face to face, asking him to name his price. Trying to come up with a figure that would be too high to be taken seriously, Paulson proposed $9 million for half the horse; to his surprise, Sheik Mohammed immediately closed the deal on a handshake...
...owners agreed that in races in the U.S., jockey Pat Valenzuela would ride Arazi wearing Paulson's red-white-and-blue silks, while in Europe the British-based Cauthen would be in Sheik Mohammed's maroon and white. What the pair did not resolve was which contests Arazi would enter; instead, they determined that if they could not agree, trainer Boutin would make the choice in the horse's best interest...
...Task Force 160 may have actually attempted but failed to free the hostages," says Wheaton. He points out that North had precise intelligence on the hostages' location. Five of the six Americans were being held in Building No. 18 in the Sheik Abdullah barracks in the Baalbek region of Lebanon. "Very possibly," adds Wheaton, "North ordered the raid after irate Iranian officials threatened to retaliate for a shipment of the wrong Hawk missiles." In fact, three days before the Gander crash, North revealed both his determination to continue the Iranian arms shipments and his concern for the hostages' safety...