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The Bigger Picture Of Inbreeding
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Dubai World Cup Carnival Preview – Week 3 Tips
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Breeders' Cup Releases Report on Mongolian Groom
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Steady Trade As Keeneland January Continues
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KY Sports Betting Bill Could Bolster Purses
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Asmussen Plots Course for Midnight Bisou, Basin
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Stallions’ First Foals: Good Samaritan
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Horseracing Integrity Act Gains Support in House
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First Mo Town Foal a New York-Bred
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Oscar Performance Sires First Foal
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Stallions’ First Foals: Bucchero
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Stallions’ First Foals: Bucchero
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Mendelssohn’s First Foal a Filly
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Champion Monomoy Girl Back on Track for 2020
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Horseman Richardson Dies at Age 75
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Breeders' Cup Releases Report on Mongolian Groom
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TDN New Stallions: Catholic Boy
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Halford Back For More Dubai Gold
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Karaka Millions day turnover up 5% on last year -
By Nowornever · Posted
If you strip harness racing back to first principles, the decline in numbers is not mysterious or cyclical, it’s mechanical. People are leaving because the economics no longer work at the entry and middle levels, and nobody new is replacing them because the risk profile is irrational. Owners and trainers are not walking away because they’ve lost interest in horses or racing, they’re walking away because the money going in versus the money coming out is no longer defensible under current conditions. The sport keeps trying to fix the problem at the surface level by talking about marketing, promotion, engagement and “telling our story better,” but none of that matters if participation itself is financially unsafe. You cannot market your way out of a broken economic model. The root cause is that there simply isn’t enough money circulating among the people who actually supply the product — horses, trainers, owners — and the way stakes are currently distributed makes that worse, not better. At the moment, the stakes structure is designed for a healthy, growing sport where new horses and new people are constantly coming in behind the established ones. In that environment, heavily rewarding winners makes sense because losing participants can be replaced. In a shrinking sport, that logic collapses. When you have fewer horses, fewer trainers, and fewer breeders every year, concentrating money at the top accelerates the exit of everyone else. The result is exactly what we are seeing now: fewer participants doing more work, burning out faster, and leaving gaps that are never filled. The key mistake is treating stakes purely as prizes for success instead of as an economic tool to sustain participation. Winning should still matter, but participation must matter first. If finishing sixth or eighth in a standard race leaves a trainer and owner materially worse off than staying home, the system is telling them very clearly that development, learning and patience are not welcome. That is fatal for new owners, new trainers, and young people trying to establish themselves. A basic fix does not require more money, only a different split of the money already being paid. The simplest workable model is to divide every race stake into two parts: a participation component and a performance component. The participation component is paid evenly to every starter, while the performance component is distributed traditionally based on finishing position. For example, take a typical $10,600 race. Instead of paying over half of that to first place and token amounts to the rest of the field, the race could be structured so that around 35–40 percent of the total stake is allocated to participation. In a ten-horse field, that participation pool would be divided equally so that every starter receives a meaningful payment simply for competing. That payment should flow primarily to the trainer and owner, not be diluted through traditional splits, because it is designed to offset the real costs of keeping a horse in work and getting it to the races. The remaining portion of the stake is then paid out through the normal finishing-order structure, ensuring that winning still matters and quality is still rewarded. Good horses and good trainers continue to earn more over time, but the gap between winning and losing is narrowed enough that losing no longer forces people out of the game. Under this model, trainers gain predictable income every time they supply a starter, which directly addresses the issue of stable viability. It becomes rational to race horses through grades, to give young horses time, and to support owners who are learning. Owners, meanwhile, see their costs partially offset even when their horse is beaten, which changes the emotional and financial experience of ownership. Instead of every non winning start feeling like money wasted, it feels like progress being partially funded. Importantly, this structure does not eliminate incentives for excellence. Trainers and owners who win still earn more overall because they collect both the participation payment and the higher performance rewards. What it does eliminate is the current situation where the bottom half of the field is effectively subsidising the top few runners through repeated losses. In a declining sport, that transfer is destructive. This kind of stake rebalancing also has second-order benefits that are currently being ignored. Trainers are less likely to scratch horses for economic reasons, which improves field sizes. Better field sizes improve betting liquidity and confidence. Bettors respond to depth and competitiveness far more than they respond to marketing campaigns, and turnover improves naturally when the product becomes more predictable and robust. The same logic applies to attracting new owners and trainers. Right now, entering the sport requires absorbing significant losses before any competence or confidence can be developed. No rational young person looks at that and decides to jump in. A stake model that rewards participation gives newcomers breathing room. It turns early ownership and early training into an apprenticeship rather than a financial stress test. None of this punishes winners in any meaningful sense. Elite owners and trainers are the least sensitive to marginal reductions in winning prize money because they win repeatedly and at scale. New and mid-level participants are the most sensitive to repeated small losses. If the sport continues to design itself around the preferences of the strongest participants, it will continue to hollow itself out underneath them until there is nothing left to compete against. Harness racing does not need to abandon excellence or ambition. It needs to recognise that sustainability comes first. Stakes must keep people in the game before they reward people at the top of it. Until the economics are rebalanced so trainers and owners can survive without winning every second start, the vicious circle will continue regardless of how well the sport is marketed. -
Hawera and Taupo numbers wernt too bad, you seriously wonder if many just don't like going to A Park, traffic must be a pain getting there. -
By Wandering Eyes · Posted
A yearling filly from the first crop of multiple Grade I winner Taiba (hip 80) attracted the highest price of the Ocala Breeders' Sales Company's January Winter Mixed Sale Tuesday when selling for $150,000 to Marc Gunderson. The filly was one of three on the day–and two from Beth Bayer's consignment–to sell for six figures during an auction which produced increases over its 2025 renewal. By the close of business Tuesday, 183 horses sold at the Winter Mixed sale for a gross of $3,476,100. The average of $18,995 rose 30.2% from the 2025 auction, while the median was up 60.0% to $12,000. Of the 307 catalogued lots, 257 head went through the ring and, with 74 reported not sold, the buy-back rate was 28.8%. “The market is strong. It's very strong,” Bayer said. In addition to competitive bidding at the top, Bayer observed, “there were end-users across the board to get the other ones sold.” During last year's Winter Mixed sale, 212 horses sold through the ring for a gross of $3,098,700, an average of $14,617, and a median of $7,500. The buy-back rate was 21.5%. The sale-topping filly, both bred and consigned by Bayer, is out of Tranquil Song (Unbridled's Song) and is a half-sister to multiple stakes winner and multiple graded-placed Isolate (Mark Valeski). Bayer purchased Tranquil Song as an 11-year-old for $2,000 at the 2018 Keeneland November sale. The mare's now 2-year-old colt by Cyberknife sold for $125,000 at last year's Keeneland September sale. In addition to her six-figure yearlings, Tranquil Song has also had a pair of foals sell for $90,000 at the OBS October sale in 2022 and 2024. “She's been a really good mare for me,” Bayer said of Tranquil Song, who was bred and campaigned by John Sykes of Woodford Thoroughbreds. “I was working for Woodford–the first year I worked for them–and Mr. Sykes was selling some mares. Isolate was a foal at that time and he went through the ring a book or two ahead and sold for $70,000 and his momma came through empty and I bought her through the ring because I had seen him and he was so pretty. And of course, he's gone on and done all of the wonderful things he has done for the catalogue page and became such a great racehorse. And she's an Unbridled's Song mare, so I felt like I couldn't go wrong doing that.” Of Tuesday's sale topper, Bayer said, “I have loved this filly since she was born. She was all class and a sweet, level-headed filly. She's done everything right the last four days at the sale. I kind of thought she would fall [in that price range]. I knew she had some value to her. You never know what's going to happen until it does, but I was very pleased when it did.” Gunderson, a prolific buyer during the 2025 yearling sales season, continued to be active at the Keeneland January Horses of All Ages Sale two weeks ago where his purchases included an $800,000 short yearling colt by Gun Runner (hip 114) and the broodmare Way to be Marie (Not This Time) (hip 502), acquired for $750,000. Bayer also consigned the auction's second-highest offering, a yearling colt by Nashville (hip 22) who sold for $140,000 to Always Dreaming. Out of Rapid Racer (Forest Wildcat), the colt had been purchased by Racing Point for $37,000 at the Keeneland November sale two months ago. “He was a client's horse,” Bayer said of the colt. “I was very pleased when I saw him when he came to the sales grounds. He was very well-received. He was just a big, strong colt and was very eye-appealing.” Rounding out the trio of six-figure yearlings at the one-session auction was a colt by Simplification (hip 191) who sold for $100,000 to Rising Dividends Racing from the consignment of Danielle Loya's Silver Oaks Farm. The post Taiba Filly Tops ‘Strong’ OBS January Winter Mixed Sale appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions. View the full article -
By Chief Stipe · Posted
An apt description of one particular Canterbury resident!
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