Dress codes might vary from top-hat-and-tails to shell suits and vests.

But everyone is there to sink a few in the sunshine and pick a winner of flat racing’s greatest event.

The market is dominated by Dawn Approach who had been backed in to odds-on but is now starting to drift and should start around the even money mark.

The 2000 Guineas winner is clearly a class horse and a worthy favourite but I just can’t get involved at such a skinny price.

A better value each-way punt is Dante winner Libertarian at 16s.

The York race has produced a series of recent winners who have gone on to land the Derby.

Libertarian put a poor previous performance behind him in the Dante and the big colt looks to have the stamina for Epsom if he copes with the uniquely undulating track.

He comes from an unfashionable stable which helps explain the generous price so let’s hope he makes the frame and is on hand to swoop late if the favourite doesn’t stay.

Dubai is now a major horse racing centre and the venue for this week’s latest installment of the Apprentice.

Now if we can get over that laboured link, it was another depressing showing from “Britain’s brightest” entrepreneurs.

Zee Sha was the man to go this time.

And his name would appear in about the right ranking in any A to Z of business talent.

Sha runs a “property investment company” with a turnover of £500,000.

That may seem like a lot, but round my way that buys a one-bedroom flat so it’s hardly an empire.

The teams were sent to scour the souks of Dubai to come up with eight items at the lowest price – but only managed to get about half.

Now I’ve been dragged around the odd souk and the usual problem is keeping the shopkeepers at bay rather than not being able to buy goods.

The teams also managed to wrongly convert feet into centimetres and seemed unable to haggle in a world where it’s a way of life

The whole show is getting a bit pantomime now with contestants almost winking at the cameras when they get their excuses and objections in early before the staged boardroom showdown.

Lord Sugar must be delighted none of this lot will actually become his apprentice.

He might just be better off chancing his £250,000 on our Derby tip than investing it in a business venture with any of the current crop.

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