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What measure of participation are you using when you say that?

So, isn't wagering the primary source of revenue which funds safe tracks and facilities as well as stakes?

The Auckland Cup has been downgraded from one of our great races to just another race on the so-called Champions Day.

I think that’s been a very positive unintended consequence of the 5000 concept. 

Racing has a legacy to rectify before it can look to the future. The “Racing in 2036” series struck me for its lack of perspective from the aftercare segment of the industry. Post-racetrack life for our equine athletes was mentioned a few times, but only in a cursory manner. And certainly without any accountability. Thoroughbred aftercare is chronically underfunded despite the creation of the Thoroughbred Aftercare Alliance (TAA) in 2012. Aftercare organizations founded before the TAA was created have been underfunded for decades. Programs that predominantly follow the sanctuary model continue to care for horses born long before the industry attempted to establish a funding and accrediting body. These horses raced before the retrain/rehome model became widely available and, with fewer post-race options, they were often pushed too far and became unfit for other athletic careers. These horses are at a higher risk of landing in dangerous, often fatal situations. They are The Legacy Herd. Private sanctuary-model organizations cannot continue to carry the load of their care without broad support from the racing industry. There is often debate about who is responsible for these horses years after they ran their last race. For The Legacy Herd, the answer is all of us. Shaming and blaming are not long-term solutions. We were not aware enough, educated enough, responsible enough 25 years ago when we bred, sold and raced these horses. Now is the time to right that wrong. Establishing a sustainable source of adequate funding can be done. Currently, consignors to all sales at the three major auction houses are required to pay 1/20 of 1% of the final sale price, which is donated to the TAA. Buyers at those sales have the option to contribute the same. From self-reported statistics, these three auction houses handled over $1.4 BILLION dollars in sales in 2025. Assuming all buyers opted in to the contribution, only $1.4 million was donated to be shared among the 87 organizations accredited by the TAA. Imagine if we changed that to 1/2 of 1%–those 87 organizations would be splitting over $14 million dollars, a portion of which could be earmarked for The Legacy Herd. The vision of “Racing in 2036” that I share below is possible. But only if the major players in the industry commit to the thousands of horses who make up OUR Legacy Herd via a properly funded aftercare system that values all retired racehorses regardless of their ability to sustain another athletic career. Those of us in the trenches will never solve this alone. If you walk away from this letter with one impression, let it be this: the Thoroughbred industry is only as sustainable as its aftercare policies. Here's my vision for 2036: In 2036, waitlists at aftercare organizations have been eliminated. The majority of Thoroughbreds who don't retire to the breeding shed are responsibly retired to a retrain/rehome facility. These horses are sound enough to participate in a second or third athletic career because they were retired when it became apparent they didn't have a dignified future as a racehorse, not because they were injured. When these horses age out of athletic careers, they move on to sanctuary facilities, where they participate in Equine Assisted Services that utilize the unique qualities of the Thoroughbred to create pathways for healing and growth while living their lives in peace and safety. The minority of retiring Thoroughbreds who aren't used for breeding and aren't sound enough to continue in an athletic vein go directly to the sanctuary facilities and begin what may be the most important work of their lives as teachers and healers. All of this is automatically funded by The Racing Industry, so the burden doesn't fall too heavily on the shoulders of one sector and a sustainable source of support is guaranteed for these horses. Aftercare is no longer seen as charity, but as simply part of a racehorse's life cycle. This is the legacy to which we should aspire.    Don't let this letter sit on the shelf alongside so many of its predecessors. If you are an innovative leader call me at (518) 226-0028 or email me at maggie@trfinc.org. We have work to do. Maggie Sweet is the Executive Director of the Thoroughbred Retirement Foundation, the county's oldest and largest aftercare organization which provides lifetime care for retired racehorses at a network of farms in partnership with correctional facilities. The post Letter to the Editor: What Will Our Legacy Be appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions. View the full article

On the Feb. 2 episode of BloodHorse Monday: Centennial Farms' Donald Little Jr. discusses Nearly's win in the Holy Bull Stakes (G3), Oaklawn Park track announcer Matt Dinerman previews the Southwest Stakes (G3) and talks racing in Hot Springs, Ark.View the full article

All Clubs.  None of them are making enough to fund their maintenance.  Lets face it a 2000m turf track be it at a "BIG Club" or a "SMALL Club" has the same basic maintenance and renovation costs.  The only difference is if you race once or twice a year you can defer the renovation part.

They being?  The big 7 clubs?

Stakes have been the main focus for decades.  Increasing them has resulted in a loss in participation NOT an increase.  Perhaps @curious can post that two variable graph. A bit like Clubs focussing on the Party rather than raising money to maintain their infrastructure.  They now expect the Industry to fund that instructure but the pot isn't big enough!