Set up by Sheikh Mohammed in 1994, the Godolphin operation set out to revolutionise the way in which Flat horses were trained.
Horses spend the winter in Dubai and then come to England in the spring, the idea being that the warm Middle Eastern climate will benefit their training pattern.
Dubai is also handily placed as a base for sending runners to the Far East, where several prestigious races are held in the spring - and global racing is a key tenet in the Godolphin philosophy.
Improvements in equine air travel means horses can now be transported all over the world without ill-effects. Sheikh Mohammed's enthusiasm for worldwide racing led to the establishment of the World Series.
Such is the scale of the Godolphin operation that instead of entering the traditional early season Classic trials held in England, Ireland and France, they hold their own private races in Dubai.
The Godolphin "experiment" has proved successful with a host of Classic winners and along with Coolmore, the outfit is one of the two dominant forces in British Flat racing.
THE COLOURS OF DUBAI
Royal blue, white chevron, light blue cap
Royal blue, white epaulets, striped cap
Maroon, white sleeves, maroon cap, white star
Yellow, black epaulets
Eleven English Classics have been won by Godolphin, all but one since Saeed Bin Suroor took over as principal trainer in 1995.
Newmarket trainer David Loder has been Godolphin's specialist two-year-old trainer for the past four years although he announced in 2002 he would relinquish that role at the end of the 2003 season.
Frankie Dettori is the main Godolphin jockey with Jamie Spencer picking up many of the rides on the second string horses.
Although Sheikh Mohammed is the driving force behind Godolphin, his three brothers, Sheikh Maktoum, Sheikh Hamdan and Sheikh Ahmed are also very much involved.
All four have their own breeding opearations and run horses in their own name but many are then diverted into the Godolphin colours.
Maktoum Al Maktoum is the eldest of the four brothers and has been ruler of Dubai since 1991.
He was the first of the siblings to have an English Classic winner when Touching Wood won the 1982 St Leger.
Sheikh Maktoum also owns the Gainsborough Stud, which has branches in Newmarket and Kentucky.
Hamdan Al Maktoum is the Minister of Finance in Dubai.
He has been leading owner in Britain on four occasions: 1990, 1994-5 and 2002.
His first Classic winner came when Nashwan won the 2,000 Guineas and the Derby in 1990.
Sheikh Mohammed has been leading owner on the Flat nine times: 1985-89, 1991-93 and 1997.
His first Classic win came in 1985 when Oh So Sharp won the fillies' Triple Crown: the 1,000 Guineas, the Oaks and the St Leger.
He also won the 1990 Champion Hurdle with Kribensis.
Sheikh Ahmed is the youngest of the Maktoum brothers.
His first and only Classic winner to date came when Ameerat won the 1,000 Guineas in 2001.