Flashback: Silver Charm Narrowly Denies Swain In Third Dubai World Cup Sponsored by: Silver Charm trained by Bob Baffert and ridden by Gary Stevens won the third edition of the Dubai World Cup by a narrow margin ahead of Swain in 1998 The Dubai World Cup meeting celebrates its historic 25th anniversary on March 27, with six Group 1 races and three Group 2s, including one of the world's premier races, the $12 million Dubai World Cup, sponsored by Emirates Airline. Over the next three weeks, the Dubai Racing Club will pay tribute to each of the previous Dubai World Cup winners. Today, we rewind to 1998, when Silver Charm won the Dubai World Cup title for Bob Baffert. It was the first of many successful outings in the UAE for the American trainer.