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  • Development of Global Horse Racing Industry
Press Releases

Development of Global Horse Racing Industry

Horse racing - 21 Dec 2004
   
Global statistics of the International Federation of Horseracing Authorities (IFHA) today showed healthy developments of the sector in most countries. Statistics of over 50 countries have been collected and analysed by the IFHA. They have been put online today at www.horseracingintfed.com. Some of the more interesting conclusions that can be drawn from the statistics:

Breeding

Thoroughbred foaling remains stable at around 114,000 births in 2003. The USA remains the largest breeding nation with around 30% of world foals, followed by Australia (13%) and Ireland (9%).

Racing

80% of racing in the world is done in only 10 countries. Leaders here are the USA with 108,000 races, followed by Australia (37,000) and Canada (32,000).

There is slightly more flat racing (51,4%) than trotting (46,3%) with the remaining 2,3% for jump racing. Trotting is growing strongly in Russia (+5%) and Norway (+4%).

Purses

The average prize money per race for flat racing is highest in Hong Kong (98,700 Euros), followed by the United Arab Emirates (58,180) and Japan (31,520). The average prize money per obstacle race in Japan is a stunning 190,920. Among the main racing nations, the Great Britain showed the strongest growth in purses by 16,8 % from 2002 to 2003.

Many Asian countries have a healthy balance between the annual costs of maintaining a horse and prize money. Average prize money in 2003 grew from 78% to 100% os annual maintenance costs in India and from 146% to 189% in Korea. In South America, Argentina saw average prize money grow from 185% to 246% of annual maintenance costs.

Betting


Nations showing the largest percentage increase in betting are Macau, up 91%, Argentine, up 33% and the UK, up 31%.

Attached are some of the key facts & figures. More detailed information about these and many more countries can be found on our website. You can also contact the national racing authorities directly. See the links page at our website for contact details.

Contacts:

Maurits Bruggink
Executive Director
T. +33 (1) 49 53 32 27
Email: mbruggink@horseracingintfed.com

or :

Dominique de Wenden
Secretary General
T. +33 (1) 49 10 20 14
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