A take a look at the economics of breeding, selling and racing thoroughbreds, and at the varied gamers within the racing sport, from race observe operators to state governments to those of us who’re crazy sufficient to own and/or place a guess on these gorgeous, brave equine athletes.

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The shrinkage could also be a part of CDI’s master plan, but it’s a plan propelled by market forces. We all know that horse racing isn’t precisely a growth trade. As CDI factors out in its annual report, US parimutuel handle, though regular the previous couple of years, had declined 27% from 2007 to 2011. The number of Thoroughbred foals born every year has dropped in half, and, belatedly, the variety of races run each year is declining.

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