News Alert: “The Sport of Summer 2012” has officially been named. Ladies and gentlemen, prepare yourself to join the Colbert Nation in cheering on Team U.S.A. in Dressage at the 2012 Summer Olympic Games in London.

On Tuesday’s episode of the “Colbert Report,” comedian/news anchor Stephen Colbert made his declaration for his annual “Sport of the Summer” as Dressage, thanks in part to Republication presidential candidate Mitt Romney.

What does Romney have to do with Dressage and the U.S. Olympic Team? His wife, Ann, is a co-owner of Rafalca–the newest member of the Dressage team headed to London next month. In 2006 the Romneys purchased, along with Beth Meyer and Amy Ebeling, the 1997 Oldenburg mare for professional rider Jan Ebeling, who is also Ann Romney’s coach, presumably with the intent to qualify for the Olympics.

Apparently the inclusion of the presidential hopeful has spurred extra attention to a sport known for its high-dollar horses and events. Colbert pokes fun of the event saying, “This is exactly what Romney needsÉhe has trouble relating to ‘Joe Sixpack’É” He calls Romney an average blue-collar fan of Dressage, or “horse ballet” as some call it (Dressage fansÑwhat are your thoughts on this phrase?)