Re: Another View of Modern Racing From Bobby Trussell (518 Views)
Posted by:
sighthound (IP Logged)
Date: October 04, 2007 08:35PM
> The economics of this sport never cease to amaze
> me. I'm not an expert on horse values, but it
> seems to me the income streams don't even come
> close to justifying the prices paid for horses.
Opening up this week's Blood-Horse to the article crunching the final numbers for the Keeneland sale, the large excerpt in the middle of the page reads,
"Lurking under the lofty numbers posted by the Keeneland September sale is the fact that only 25% made a profit for their breeders".