@AnthonyCharlino No

Down the hill the go. 🎿@FrankMirahmadi

@WaltonFA @HughesKC Not Yet. She will be later in the spring .

RT @EmotionalEquine: @TomRyanKY It's Iconic

Interesting Ed. Proposal for More Grade 1 Races: DeRosa suggests More Grade 1 races could lead to a significant increase in handle, potentially lifting total handle by 5% if there were 70 Grade 1 days with 105 Grade 1 races

@raw1001 The grandstand spans almost the entire stretch before and after the finish line.

@ABRLive Richard is a dedicated horseman who has shaped many young egos over the years, both human and equine. During my time there, I learned a great deal from him. He gave me Storm Bird's halter, and when I left, I also have Woodman's halter, which I definitely earned😜 👍

@TheDailyDiddy We typically have two entries in each race, and if you look at the other races, you will see a healthy sprinkling of our X stock, which continues to feature prominently in races on an annual basis in California.

@NinaColasurdo1

@KimValerio1 Everyone seems activated.

RT @1jml14: @TomRyanKY @santaanitapark You never will be to a more beautiful racetrack either.

@Pounds1984 @BillyBaff @Christi89376611 Good intel.

RT @BreedersCup: These celebrations all over again in 268 days. 😎 #BC25 📸 @EclipseSports

RT @kimo16: Cornucopian (Into Mischief) worked 5F in 59.40 out of the gate with Juan Ochoa up outside of Cooey (Girvin) under Erick Garcia…

Source: Asian Racing Report. In Japan, racehorse syndication operates through racing clubs, which offer a unique model of ownership. Here’s how it works: •Racing Clubs: These clubs break down the ownership of a horse into shares, allowing multiple investors to participate in the ownership of a racehorse. Clubs like Shadai Race Horse Co. Ltd, Sunday Racing, and G1 Racing offer shares in their horses, with each horse typically divided into 40 shares. •Share Pricing: The price of shares varies depending on the horse’s potential and the club. For example, in 2021, Shadai Race Horse Co. had shares ranging from ¥250,000 to ¥2.5 million, while Carrot Farm offered shares from ¥35,000 to ¥200,000. •Club Operations: Each club operates with two entities: an Aibakai (a fund that sources horses and handles investments) and the club itself, which is the registered owner recognized by the JRA or NAR. The club receives prize money, and members enjoy ownership benefits until the horse retires. •Engagement and Information: Clubs provide extensive information to potential investors, including catalogues and video footage, similar to what one would find at major horse sales. Some clubs, like those affiliated with the Shadai group, even hold open days for members to view horses before sales. •Cost Structure: Besides the initial share fee, there are additional costs like monthly membership fees, maintenance costs (stabling, vet, entry fees), and annual insurance fees. For instance, Silk Racing’s monthly cost for a member after investing ¥30,000 in a share would be about ¥5,000. •Post-Racing: After a horse retires, it reverts to the ownership of the farm or syndicate that initially provided it. The decision on whether the horse will be retained, syndicated as a stallion or broodmare, or sold is made on a case-by-case basis. This syndication model has been particularly successful in Japan, with racing clubs accounting for a significant portion of the elite racing scene despite representing a small percentage of total owners. Beyond all of this, there are yearling sales in Japan, where individuals and groups can purchase horses on offer to race in Japan if they have a license to do so .

The Japanese horse racing industry has a unique approach to ownership that involves racing clubs and syndication. This strategy has made the sport more accessible and has contributed to its success by fostering a passionate fan base. Additionally, it ensures a consistent supply of high-quality horses through partnerships with stud farms.