31 August, Saturday, 2024
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HomeSourcestelegraph.co.ukWhy racing can thrive with mass ownership

Why racing can thrive with mass ownership

Racing can flourish from ongoing change in make-up of syndicates and partnerships from racing people to tech-based micro-ownership model

There cannot have been many seasons when there was even the possibility of three Epsom Derby winners – Auguste Rodin, Desert Crown and Adayar – racing against each other.

For that, we should be grateful to the deep pockets of the Middle Eastern racehorse owners who can afford to race their horses without fear of the financial consequences of getting them beaten. And to John Magnier, whose Coolmore Stud operation values the test of the racecourse when it comes to making stallions.

The era when precious Classic winners were rushed off to stud to preserve their unbeaten records and hide their lack of mental and physical vigour was to the detriment of the breed.

But if racing is to flourish in the UK, there needs to be a more democratic shift away from the mega-rich owners towards mass-micro ownership.

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