Last week most of the horse-loving people of Iceland and hundreds of people from abroad were headed in the same direction — to the bi-annual national horse-breeding show / national competition in Hólar in Skagafjörður in North Iceland. There is only one breed of horse here – the Icelandic horse. There is only one breed of horse here – the Icelandic horse. Most Icelandic horses have two extra gaits to offer besides walk, trot and canter/gallop. “I first went to the national competition in 1986, when I never saw a horse on the track but partied the whole time.”