Emirati spends $6.45 million on three camels

[555]

Hamdan bin Ghanem bought the beasts at the Al Dhafra Festival in Abu Dhabi.

A UAE national, Hamdan bin Ghanem, spent AED24 million ($6.47 million) on buying three camels in an auction at the Al Dhafra Festival in Abu Dhabi, reports AFP. While one of them had a price tag of $2.72 million, another cost $2.4 million and the third was priced at $1.35 million.

The auction was held on Tuesday and was attracted some of the biggest camel owners in the Gulf, including princes and tribal dignitaries, said the report. The festival also includes a camel beauty pageant, and competitions for the best camel meat and camel milk dishes.

http://www.kippreport.com/2010/02/em...-three-camels/

[sarcle]

Originally Posted by 555

The festival also includes a camel beauty pageant

Um...

[555]

[sarcle]

Originally Posted by 555

LOL. "Look at the huge "toe" on that camel!"

[IDNCowboy]

It says online they have gone from $300 each to $900 each in the past few years..

What makes a camel worth 1 million yet 2 million bucks

[bwhhisc]

Originally Posted by IDNCowboy

What makes a camel worth 1 million yet 2 million bucks

Speed for racing and good bloodline for breeding.

http://en.wikipedia.org/wiki/Camel_racing

Camel racing is a popular sport in Saudi Arabia, Bahrain, Jordan, Qatar, United Arab Emirates, Oman, Australia, and Mongolia. Professional camel racing, like horse racing, is an event for betting and tourist attraction. Camels can run at speeds up to 65 km/h (18 m/s; 40 mp/h) in short sprints and they can maintain a speed of 40km/h (11 m/s; 25 mp/h) for an hour.

The biggest prize money camel race in Australia is the "Sheikh Zayed International camel endurance race" held in Hughenden in Queensland.It has a prize purse of AUD$50,000. Queensland also has the second biggest prize purse camel race "The Boulia desert Sands" with a AUD$25,000

[Rubber Duck]

It is a bit like a Brit asking WTF is an Indie Car?