Prancing Horse their advice and started to use the black Prancing Horse on a yellow background (yellow being one of the colours of the city flag of his native Modena) as the official Ferrari logo. Initially, all Scuderia Ferrari's cars were manufactured by Alfa Romeo, but after the foundation of Auto Avio Costruzioni (later known as "Ferrari"), Ferrari began to use his Ferrari cars. The "Prancing Horse" is used as part of Ferrari and Scuderia Ferrari logos, on "tifosi"<nowiki>'</nowiki>s flags and as a Ferrari symbol. Prancing Horse The Prancing Horse () is the symbol of Italian sports car manufacturer Ferrari and its
Horse racing wasn't until the 1920s that modern horse racing involving betting developed. The nation's first authorised club, the Chosun Racing Club, was established in 1922 and a year later, the pari-mutuel betting system was officially adopted for the first time. The Korean War disrupted the development of horse racing in the country, but after the Seoul Olympics in 1988, the Olympic Equestrian Park was converted into racing facilities named Seoul Race Park, which helped the sport to develop again. The big race in the UAE is the Dubai World Cup, a race with a purse of US$10 million, which was the