Our Network

Register for our free newsletter

 
 
Latest News

Business of Horse Racing

Business of Horse Racing

With the dust of this weekend’s Dubai World Cup just starting to settle, we take a look at the global business of horse racing, the jockeys and the up to AED73 million horses at the heart of it all.

0

March 24, 2011 3:28 by



One of the most famous race horses of the sport includes Secretariat, a chestnut colt who in 1973, won The Triple Crown by a 31 lengths setting a world-record time. In his career he earned more that $1.3 million (which is equivalent to $6.1 million in 2006) with his breeding rights being sold in 1973 for $6.08 million (also a record at the time of the sale).

Closely following behind Secretariat is Pennsylvanian race horse Smarty Jones who just missed the title of a Triple Crown champ in 2004 in Belmont. In his career Smarty Jones won eight horse races, and earned more than $7.6 million, with 50 percent of his breeding rights being sold for $20 million. But regardless, the interest behind Smarty Pants paid off: some estimate that Smarty Pants helped bring in 13 million new horse racing fans.



Pages: 1 2 3 4 5 6

0

Tags: , , , , , , , , , ,

Leave a Comment