Tom,
I’m all about solutions, especially solutions that can increase the American foal crop, particularly outside of Kentucky.
Let’s both be very transparent. Outside of Kentucky and New York, how can anyone have much optimism or confidence in the future of racing in most states???
Remember, breeders making decisions for the 2027 breeding season are making investments in horses that will not race as two year olds until 2030 and three year olds until 2031.
That’s a tremendous amount of uncertainty for anyone investing their money, time, and passion into this industry.
Unfortunately, most of the senior leadership controlling our sport has shown very little interest in strengthening regional breeding and state bred programs.
Tom, this is not intended as a personal shot at you, but you are an influential member of the Breeders’ Cup Board.
Forget for a moment that the Breeders’ Cup has experienced little meaningful growth over the past 20 years. With approximately $100 million sitting in reserves, why aren’t we investing some of that money back into the breeders who are the foundation of this entire industry???
I’ve repeatedly proposed to the
@BreedersCup and others that we create two $1.5 million races, one for colts and one for fillies, exclusively for horses bred outside of Kentucky.
Think about what that could accomplish.
Give regional breeders and smaller state bred operations something meaningful to compete for. Give them a reason to THINK BIG AND DREAM BIGGER.
Give buyers a reason to invest in these horses. Give smaller owners a reason to participate. Give breeders outside Kentucky an opportunity to dream about competing on one of racing’s biggest stages.
And here’s another idea.
There are proven Grade 1 producing stallions standing in Kentucky that attract fewer than 100 mares annually. Some might only breed 50 mares despite having established credentials.
Why not work with these stallion farms and regional breeding programs to create significant financial incentives for state bred breeders???
Why not create programs where breeders can breed to proven stallions today, but defer paying the stud fee until the resulting foal sells as a yearling or turns two years old???
These are practical, entrepreneurial solutions that could help smaller breeders, increase demand for underutilized stallions, and strengthen breeding programs throughout the country.
Couldn’t the Breeders’ Cup commit even $2 million annually toward programs like these???
I’m a huge supporter of international racing, but shouldn’t the Breeders’ Cup also be focused on helping California, Florida, Maryland, Louisiana, Pennsylvania, etc???
Look at Churchill Downs.
They’ve done an extraordinary job building the Kentucky Derby, Kentucky Oaks, and the entire Derby week into one of the biggest sporting and entertainment events in America.
Now compare the growth in viewership, wagering handle, sponsorship, and overall relevance of Derby week over the past 15 years with the BC Friday and Saturday.
The difference is embarrassing.
Reduce Breeders’ Cup purses by $250,000 per race. You would immediately free up millions of dollars annually to invest in growing the sport, supporting regional breeding, and creating opportunities for smaller breeders and owners.
Tom, I’m not interested in simply criticizing. I want to help solve them.
We cannot afford to wait another year, another breeding season, or another decade.
The Jockey Club, Breeders’ Cup, and the other organizations that control so much of this industry need to stop managing the decline and start investing in the future.
We need more breeders. We need more owners. We need more horses. We need more opportunities. And most importantly, we need leadership that understands the urgency of doing something NOW.
The Breeders’ Cup has the money, the resources, the relationships, and the platform to be part of the solution.
The question is, does it have the vision and the willingness to lead??? 🤷♂️