'Abdullah bin Abbas (may Allah be pleased with them) narrates that the Messenger of Allah (peace and blessings of Allah be upon him) said: "There is blessing in red-colored horses." © Imam Tirmidhi says: This hadith is hasan ghareeb; we know it from this chain only through the narration of Shayban.
Related hadith on this topic
Explanation & Benefits
Shaykh Umar Farooq Saeedi
Benefits and Issues:
When it comes to the selection and choice of horses, it is recommended (mustahabb) to take into consideration the aforementioned qualities.
From this, it is also deduced that when acquiring other instruments of jihad, their apparent virtues and excellent performance should be kept in view.
Source: Sunan Abu Dawood – Commentary by Shaykh Umar Farooq Saeedi, Page: 2545