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Category: The Jockey Club

2024 Fact Book Available on The Jockey Club’s Website

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The Jockey Club announced Monday, March 25th, that the 2024 edition of the Fact Book is available in the Resources section of jockeyclub.com.

The online Fact Book is a statistical and informational guide to Thoroughbred breeding, racing, and auction sales in North America and is updated quarterly.

This edition of the Fact Book includes a new page with an estimate of the total number of registered Thoroughbreds in North America based on 25-year periods. Other updates to the fact book will be published throughout the year, including exports by age and average earnings per starter by various sire metrics.

The Jockey Club is continually seeking ways to provide information in novel formats concerning the Thoroughbred industry to the public. Please email Shannon Luce, vice president, Communications, with your ideas: sluce@jockeyclub.com.

The 2024 State Fact Books, which feature detailed breeding, racing, and auction sales information specific to numerous states, Canadian provinces, and Puerto Rico, are also available on The Jockey Club website. The State Fact Books are updated monthly.

The 2024 edition of The American Racing Manual will be available as part of the Fact Book in the coming weeks.

The Jockey Club, founded in 1894 and dedicated to the improvement of Thoroughbred breeding and racing, is the breed registry for North American Thoroughbreds. In fulfillment of its mission, The Jockey Club, directly or through subsidiaries, provides support and leadership on a wide range of important industry initiatives, and it serves the information and technology needs of owners, breeders, media, fans, and farms. It is the sole funding source for America’s Best Racing, the broad-based fan development initiative for Thoroughbred racing. You can follow America’s Best Racing at americasbestracing.net. Additional information is available at jockeyclub.com.

The Jockey Club Releases Industry Initiatives Impact Report

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The Jockey Club has traditionally shared information about the initiatives it supports at its annual Round Table Conference in August. Beginning in 2024, early each year The Jockey Club will publish an annual report about how it supports the Thoroughbred industry. The inaugural report is here: The Jockey Club 2024 Industry Impact Report.

Since 2010, The Jockey Club has invested more than $100 million in the Thoroughbred industry. This year, it will invest at least $7 million to support initiatives ranging from equine safety and aftercare to industry promotion and national and international collaboration.

“The initiatives supported by The Jockey Club, together with others or wholly backed by The Jockey Club, have increased substantially in the last decade and a half,” said James L. Gagliano, president and COO, The Jockey Club. “They reflect the commitment by the board of stewards to invest our profits into a wide array of projects and activities that may serve as catalysts for growth of the sport and for ensuring the safety and welfare of its participants.”

As the Thoroughbred breed registry for the United States, Canada, and Puerto Rico, The Jockey Club Registry is a not-for-profit organization with the primary responsibility of maintaining The American Stud Book to ensure the integrity of the breed.

In line with its mission of being dedicated to the improvement of Thoroughbred breeding and racing, The Jockey Club developed a group of for-profit subsidiaries and partnerships to further support the industry, its horses, and the people who work within it: The Jockey Club Information Systems (TJCIS), InCompass Solutions, Equibase Company, and The Jockey Club Technology Services (TJCTS). These companies serve the industry with technology services and products, and the profits they create are dispersed to The Jockey Club for investment back into the sport.

The Jockey Club, founded in 1894 and dedicated to the improvement of Thoroughbred breeding and racing, is the breed registry for North American Thoroughbreds. In fulfillment of its mission, The Jockey Club, directly or through subsidiaries, provides support and leadership on a wide range of important industry initiatives, and it serves the information and technology needs of owners, breeders, media, fans, and farms. It founded America’s Best Racing (americasbestracing.net), the broad-based fan development initiative for Thoroughbred racing, and in partnership with the Thoroughbred Owners and Breeders Association, operates OwnerView (ownerview.com), the ownership resource. Additional information is available at jockeyclub.com.

OwnerView Conference on Dentistry, Hoof Care Available

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The ninth panel of the OwnerView Virtual Thoroughbred Owner Conference was held.

The ninth panel of the OwnerView Virtual Thoroughbred Owner Conference held Tuesday, November 7, featured videos of farrier work and equine dentistry with discussions with Dr. Scott Morrison and Dr. Brad Tanner, both of Rood and Riddle Equine Hospital, with OwnerView’s project manager, Gary Falter.

The conference is hosted by The Jockey Club and the Thoroughbred Owners and Breeders Association and sponsored by Bessemer Trust, Stoll Keenon Ogden, and The Green Group. This panel was sponsored by Equilume.

Attendees were able to ask questions through Zoom’s Q&A feature, sponsored by West Point Thoroughbreds.

During the hoof care session, Dr. Morrison walked through the process of shoeing a racehorse. He provided information on topics such as hoof angle and how a longer toe can put more pressure on the tendons, how Thoroughbred hooves are different from those of other breeds, how often horses should be shod, and how a shoe should fit.

“It’s important for athletes to try to keep them sound and keep that foot balanced and keep them in proper alignment,” he said. “We try to shoe horses so the shoe is placed equally around the coffin joint, around the center rotation.”

Dr. Tanner discussed why horses’ teeth need to be floated and the importance of having horses’ teeth floated on a regular basis depending on age and use.

“Young horses’ teeth grow really fast,” he said. “Horses that are between 2 and 5, 2 and 6, years old, their teeth are growing much faster than your horse that’s 15 to 20. So as a result, we’ll recommend that their teeth are floated every six months to try to keep up with those changes.”

A replay of the panel and all previous panels can be viewed at bit.ly/OVVideos. There is one more 2023 Thoroughbred Owner Conference virtual panel, scheduled for December 5 at 2 p.m. ET, Breeding Plans, which will feature a panel discussing matings, nicking, conformation traits, broodmare preferences, and stallion selection. A full schedule can be found here: bit.ly/OVSchedule.

There is no registration fee for the virtual conference series, but registration is required. For more information about the owner conference, please visit ownerview.com/event/conference or contact Gary Falter at 859.224.2803 or gfalter@jockeyclub.com.

OwnerView is a joint effort spearheaded by The Jockey Club and the Thoroughbred Owners and Breeders Association to encourage ownership of Thoroughbreds and provide accurate information on aspects of ownership such as trainers, public racing syndicates, the process of purchasing and owning a Thoroughbred, racehorse retirement, and owner licensing.

The need for a central resource to encourage Thoroughbred ownership was identified in the comprehensive economic study of the sport that was commissioned by The Jockey Club and conducted by McKinsey & Company in 2011. The OwnerView site was launched in May 2012.

The Jockey Club Releases 2022 Breeding Statistics

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The Jockey Club today reported that 1,248 stallions covered 28,548 mares in North America during 2022, according to statistics compiled through October 8, 2023. These breedings have resulted in 18,143 live foals of 2023 being reported to The Jockey Club on Live Foal Reports.

The Jockey Club estimates that the number of live foals reported so far is 85-90 percent complete. The reporting of live foals of 2023 is down 2.5 percent from last year at this time when The Jockey Club had received reports for 18,609 live foals of 2022.

In addition to the 18,143 live foals of 2023 reported through October 8, The Jockey Club also received 2,018 No Foal Reports for the 2023 foaling season. Ultimately, the 2023 registered foal crop is projected to reach 18,500.

The number of stallions declined 4.2 percent from the 1,303 reported for 2021 at this time last year, while the number of mares bred declined 1.8 percent from the 29,065 reported for 2021.

The 2023 breeding statistics are available alphabetically by stallion name through the Resources – Fact Book link on The Jockey Club homepage at jockeyclub.com.

Kentucky annually leads all states and provinces in terms of Thoroughbred breeding activity. Kentucky-based stallions accounted for 58.9 percent of the mares reported bred in North America in 2022 and 63.7 percent of the live foals reported for 2023.

The 16,827 mares reported bred to 208 Kentucky stallions in 2022 have produced 11,564 live foals, a 0.9 percent increase on the 11,460 Kentucky-sired live foals of 2022 reported at this time last year. The number of mares reported bred to Kentucky stallions in 2022 increased 0.2 percent compared to the 16,796 reported for 2021 at this time last year.

Among the 10 states and provinces with the most mares covered in 2022, four produced more live foals in 2023 than in 2022 as reported at this time last year: Kentucky, New York, Maryland, and Indiana.

The following table shows those 10 states and provinces with the most mares covered in 2022 sorted by number of state/province-sired live foals of 2023 reported through October 8, 2023.

2022 Mares Bred 2022 Live Foals 2023 Live Foals Percent Change in Live Foals
Kentucky 16,827 11,460 11,564 0.9%
California 1,867 1,303 1,138 -12.7%
Florida 1,529 927 829 -10.6%
New York 987 576 590 2.4%
Louisiana 924 570 564 -1.1%
Maryland 744 481 498 3.5%
Ontario 587 402 301 -25.1%
Pennsylvania 448 340 250 -26.5%
Indiana 558 231 243 5.2%
Oklahoma 481 293 220 -24.9%

The statistics include 227 progeny, 46 more than in 2022, of stallions standing in North America but foaled abroad, as reported by foreign stud book authorities at the time of publication.

Country Live Foals Country Live Foals
Australia 2 Republic of Korea 49
Dominican Republic 2 Kingdom of Saudi Arabia 71
France 3 Mexico 7
Great Britain 8 Panama 14
Ireland 26 Philippines 12
Japan 32 Sweden 1

The report also includes 67 mares bred to 23 stallions in North America on Southern Hemisphere time; the majority of these mares have not foaled. In 2021, there were 50 mares bred to 19 stallions in North America on Southern Hemisphere time.

As customary, a report listing the number of mares bred in 2023 will be released later this month.

The Jockey Club, founded in 1894 and dedicated to the improvement of Thoroughbred breeding and racing, is the breed registry for North American Thoroughbreds. In fulfillment of its mission, The Jockey Club, directly or through subsidiaries, provides support and leadership on a wide range of important industry initiatives, and it serves the information and technology needs of owners, breeders, media, fans and farms. It founded America’s Best Racing (americasbestracing.net), the broad-based fan development initiative for Thoroughbred racing, and in partnership with the Thoroughbred Owners and Breeders Association, operates OwnerView (ownerview.com), the ownership resource. Additional information is available at jockeyclub.com.

The Jockey Club Projects 2024 Foal Crop of 18,000

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The Jockey Club is projecting a North American registered Thoroughbred foal crop of 18,000 in 2024. This represents 500 fewer foals than the 2023 foal crop estimate of 18,500.

The foal crop projection is computed by using Reports of Mares Bred (RMBs) received to date for the 2023 breeding season. RMBs are to be filed by August 1 of each breeding season.

Additional foal crop information is available in The Jockey Club’s online fact book at jockeyclub.com/factbook.asp and in the online state fact books.

Stallion owners who have not returned their RMBs for the 2023 breeding season are encouraged to do so as soon as possible. Interactive Registration, which enables registered users to perform virtually all registration-related activities over the Internet, is the most efficient means of submitting RMBs and is available at registry.jockeyclub.com.

The Jockey Club, founded in 1894 and dedicated to the improvement of Thoroughbred breeding and racing, is the breed registry for North American Thoroughbreds. In fulfillment of its mission, The Jockey Club, directly or through subsidiaries, provides support and leadership on a wide range of important industry initiatives, and it serves the information and technology needs of owners, breeders, media, fans and farms. It founded America’s Best Racing (americasbestracing.net), the broad-based fan development initiative for Thoroughbred racing, and in partnership with the Thoroughbred Owners and Breeders Association, operates OwnerView (ownerview.com), the ownership resource. Additional information is available at jockeyclub.com.

Owner Conference Covers Buying at Public Auction

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Part of the Thoroughbred OwnerView Virtual Conference Series.

 

 

The seventh panel of the OwnerView Virtual Thoroughbred Owner Conference held Tuesday, August 15, featured bloodstock agents Erin Birkenhauer, Marette Farrell, and Mike Ryan and auctioneer Tom Biederman discussing horse selection and the bidding process at Thoroughbred auctions. The panel was moderated by OwnerView’s project manager, Gary Falter.

The conference is hosted by The Jockey Club and the Thoroughbred Owners and Breeders Association and sponsored by Bessemer Trust, Stoll Keenon Ogden, and The Green Group. This panel was sponsored by Fasig-Tipton and Woodbine.

Attendees were able to ask questions through Zoom’s Q&A feature, sponsored by West Point Thoroughbreds.

Topics included yearling sales, buying 2-year-olds, buying horses in training, the importance of vet records, and conformation.

For new owners, Ryan said, “For people getting into the business for the first time, a great approach is to buy some fillies because you have some exit strategy, you’ve got resale/residual value.”

Birkenhauer emphasized that even in select sales, you never make assumptions. “Do your due diligence, whether you are at the select sale or the last book at Keeneland,” she said.

Regarding 2-year-old sales, Ferrell said, “I am a firm believer in giving all 2-year-olds a break. They need it. … They don’t lose their fitness if they get a few weeks downtime or a month downtime.”

Biederman agreed. “Once the September or October sale is over, they go to the farm, are broken and then trained consistently every day until that 2-year-old sale,” he said. “It’s very important to get that break afterward.”

There are four more Thoroughbred Owner Conference virtual panels scheduled for 2023, with the next session, Claiming, to be held September 12 at 2 p.m. ET. A full schedule can be found here: bit.ly/OVSchedule, and a replay of all panels can be viewed here: bit.ly/OVVideos.

There is no registration fee for the virtual conference series, but registration is required. For more information about the owner conference, please visit ownerview.com/event/conference or contact Gary Falter at 859.224.2803 or gfalter@jockeyclub.com.

Transferred as Retired from Racing now Digital

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The Transferred as Retired from Racing process can now be completed digitally through the Interactive Registration (IR) website at registry.jockeyclub.com.

Previously, the retired from racing process required notarized signatures on a hardcopy form. With the assistance of digital signature verification, The Jockey Club can confidently collect the signatures required to complete the retired from racing process through IR.

“Being able to ensure a horse can still be used for breeding but cannot race is important for many owners, and we wanted to make the retired from racing process as easy as possible yet still ensure the integrity of the process,” said Rick Bailey, registrar of The Jockey Club.

The Jockey Club amended Rule 18 of the Principal Rules and Requirements of The American Stud Book from Sold Without Pedigree to Transferred as Retired from Racing in 2013 so that an owner can retire a Thoroughbred from racing without affecting its breeding privileges. To date, more than 5,400 Thoroughbreds have been recorded as retired from racing. A list of these horses can be viewed through IR.

The Jockey Club, founded in 1894 and dedicated to the improvement of Thoroughbred breeding and racing, is the breed registry for North American Thoroughbreds. In fulfillment of its mission, The Jockey Club, directly or through subsidiaries, provides support and leadership on a wide range of important industry initiatives, and it serves the information and technology needs of owners, breeders, media, fans and farms. It founded America’s Best Racing (americasbestracing.net), the broad-based fan development initiative for Thoroughbred racing, and in partnership with the Thoroughbred Owners and Breeders Association, operates OwnerView (ownerview.com), the ownership resource. Additional information is available at jockeyclub.com.

New Breeding Statistics Added to the Jockey Club Online Fact Book

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In addition to the quarterly update to its Online Fact Book, The Jockey Club June 8th, announced two new pages to the Fact Book breeding section: Number of Unique Sires by Position in the Pedigree Top Line and Percent of Mares Bred Categorized by Stallion Book Size.

“As the Thoroughbred breed registry for the United States, Canada, and Puerto Rico, The Jockey Club strives to provide statistics that are valuable and that help shine a light on what is happening in our industry, especially with respect to breeding,” said Matt Iuliano, executive vice president and executive director of The Jockey Club.

The unique sires by position table shows the number of unique sires by position within the top line of the pedigree and enables users to drill down by year and generation. Those links provide stallion names and the number of registered Thoroughbreds for that generation’s sires on the top sire line pedigree for the registered foals of the specific year.

The percent stallions and mares bred statistics display how the number of stallions and mares have changed over time based on stallion book size.

Other updates to the Fact Book, which were announced in March, include Reports of Mares Bred statistics’ being sortable by stallion name, number of mares bred, and state, and the Breeding Statistics’ being sortable by year and then by stallion name, mares bred, reports received, live foals, percent of live foals, and state.

The online Fact Book is a statistical and informational guide to Thoroughbred breeding, racing, and auction sales in North America and is updated quarterly. It also features a directory of Canadian, international, national, and state organizations. Links to the Breeding Statistics report that is released by The Jockey Club each September and the Report of Mares Bred information that is published by The Jockey Club each October can be found in the Breeding section of the Fact Book.

The 2023 edition of the Fact Book is available in the Resources section of The Jockey Club website at jockeyclub.com.

The Jockey Club, founded in 1894 and dedicated to the improvement of Thoroughbred breeding and racing, is the breed registry for North American Thoroughbreds. In fulfillment of its mission, The Jockey Club, directly or through subsidiaries, provides support and leadership on a wide range of important industry initiatives, and it serves the information and technology needs of owners, breeders, media, fans, and farms. It is the sole funding source for America’s Best Racing, the broad-based fan development initiative for Thoroughbred racing. You can follow America’s Best Racing at americasbestracing.net. Additional information is available at jockeyclub.com.

2023 Fact Book Available on The Jockey Club’s Website

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The Jockey Club announced Thursday, March 23, 2023, that the 2023 edition of the Fact Book is available in the Resources section of its website at jockeyclub.com.

The online Fact Book is a statistical and informational guide to Thoroughbred breeding, racing, and auction sales in North America and is updated quarterly. It also features a directory of Canadian, international, national, and state organizations. Links to the Breeding Statistics report that is released by The Jockey Club each September and the Report of Mares Bred information that is published by The Jockey Club each October can be found in the Breeding section of the Fact Book.

This edition of the Fact Book includes updates to the Reports of Mares Bred (RMBs) and Breeding Statistics sections. RMBs are now sortable by stallion name, number of mares bred, and state. The Breeding Statistics can be sorted by year and then by stallion name, mares bred, reports received, live foals, percent of live foals, and state. Both sections now have a search function and enable you to view all statistics or a certain number of statistics.

The 2023 State Fact Books, which feature detailed breeding, racing, and auction sales information specific to numerous states, Canadian provinces, and Puerto Rico, are also available on The Jockey Club website. The State Fact Books are updated monthly.

In 2021, The Jockey Club took over the production of The American Racing Manual from the Daily Racing Form, and the latest edition will be available as part of the Fact Book in the coming weeks.

The Jockey Club, founded in 1894 and dedicated to the improvement of Thoroughbred breeding and racing, is the breed registry for North American Thoroughbreds. In fulfillment of its mission, The Jockey Club, directly or through subsidiaries, provides support and leadership on a wide range of important industry initiatives, and it serves the information and technology needs of owners, breeders, media, fans and farms. It is the sole funding source for America’s Best Racing, the broad-based fan development initiative for Thoroughbred racing. You can follow America’s Best Racing at americasbestracing.net. Additional information is available at jockeyclub.com.

OwnerView Thoroughbred Owner Conference Virtual Series Begins with Accounting and Tax Considerations

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The 2023 Thoroughbred Owner Conference streamed its first panel Tuesday, March 7, with a dive into accounting and tax considerations for Thoroughbred owners. The conference is hosted by The Jockey Club and the Thoroughbred Owners and Breeders Association and presented by Bessemer Trust, Stoll Keenon Ogden, and The Green Group. The panel was sponsored by Mersant International.

The panel was moderated by Gary Falter, project manager for OwnerView, and the panelists were Len Green, founder and chairman of The Green Group; Jonathan Green, a certified financial planner and manager of D.J. Stable; and Aron Yagoda, Thoroughbred owner and a board member of the New York Thoroughbred Horsemen’s Association.

The panel covered a broad range of topics, including understanding the cost of ownership, principles of accounting, tracking revenues and expenses, tax considerations, sales, and giving back to the industry.

Attendees were able to ask questions through the Q&A link toward the beginning of the discussion and again at the end of the panel.

The panel began with a discussion on the general costs of owning racehorses and how to budget.

According to Yagoda, to begin you must hire a trainer and understand training costs, which can be about three-quarters to 80% of your monthly bill. “They [training costs] range from $65 a day to $125 a day depending on where you’re racing and what circuit you are racing in, and there are other costs associated with that that you have to take into consideration.” he said.

“You are talking about another anywhere from $1,000 to $3,000 a month that constitutes veterinary bills, vanning, blacksmith, travel, and race expenses,” Jon Green said.

“There is really not much price difference between campaigning a $5,000 claiming horse or campaigning a graded stakes winner,” he continued. “The expenses are all almost the same. The fixed costs are almost the same. The only difference is if you have a better horse you are going to spend a little more on investing in stakes nominations and maybe a little bit less in vet fees, but otherwise it costs almost the same amount of money.”

With regard to tax considerations, Len Green explained some of the differences between owning racehorses and other assets, and some of the different types of deductions and expenses associated with horse ownership.

“People who specialize in the business really know how to save your taxes and maximize your deductions, and you really want to be active enough to do each of these things,” Len Green said. “The key to having a chance to make money is to be active and keep records and see where you are and if necessary, pivot and change the way you are doing things.”

The session concluded with a discussion about how owners can give back to the industry.

“The way that we look at it and try to promote it to our clients is that when you buy a horse, you are buying a horse for that horse’s lifetime. You are not just buying it for that horse’s racing career,” Jon Green said. “If you have an opportunity to repurpose that horse and retrain it to have a second career, we really feel like that’s what you should be doing.”

The replay of Tuesday’s panel and previous Thoroughbred Owner Conference panels is available at bit.ly/OVVideos.

Nine additional Thoroughbred Owner Conference virtual panels are scheduled for 2023.
The next session will be held April 4 at 2 p.m. ET and will feature expert handicappers discussing the details of a variety of betting options and handicapping your horse’s race. A full schedule can be found here: bit.ly/OVSchedule.

There is no registration fee for the 2023 virtual conference series, but registration is required. For more information about the owner conference series, including the schedule of panels and registration, please visit ownerview.com/event/conference or contact Gary Falter at 859.224.2803 or gfalter@jockeyclub.com.

OwnerView is a joint effort spearheaded by The Jockey Club and the Thoroughbred Owners and Breeders Association to encourage ownership of Thoroughbreds and provide accurate information on aspects of ownership such as trainers, public racing syndicates, the process of purchasing and owning a Thoroughbred, racehorse retirement, and owner licensing.

The need for a central resource to encourage Thoroughbred ownership was identified in the comprehensive economic study of the sport that was commissioned by The Jockey Club and conducted by McKinsey & Company in 2011. The OwnerView site was launched in May 2012.
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