Prancing Horse Prancing Horse The Prancing Horse () is the symbol of Italian sports car manufacturer Ferrari and its racing division Scuderia Ferrari. Originally, the symbol was used by World War I pilot Francesco Baracca on his airplane. Enzo Ferrari was a racing driver for Alfa Romeo in the earlier decades of the twentieth century. Following one of his wins at the Targa Florio, he met Francesco Baracca's parents, who told him that their son used to paint a prancing horse on his airplane and suggested that if Ferrari painted the horse on his cars, he would have good luck. Ferrari took
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