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I have also never witnessed an Arabian break down. I remember hearing about a fatal incident at I believe Delaware Park and the story bing how devastated the community was since that was such a rare occurrence. Never seen a mule injured either for that matter.
I imagine more than anything it has to do with the simple fact that Arabians are more of a boutique industry. There is less incentive to rush them to the races, or medicate them to the gills and race them in less than optimal physical condition. And a full blooded Arabian has value off the track, probably more so than as a racehorse for the vast majority of them. Not too many thoroughbreds are worth more off the track than on.
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