Key Takeaways
- The first Kentucky Derby was held on May 17, 1875, won by Aristides.
- Horse racing in the US dates back to 1665 in New York.
- The Belmont Stakes was first run in 1867.
- The average speed in the Kentucky Derby is about 37 mph.
- Secretariat's 1973 Belmont Stakes time was 2:24 for 1.5 miles.
- The fastest Kentucky Derby time is 1:59.40 by Secretariat in 1973.
- The Kentucky Derby purse is $3 million in 2023.
- Global horse racing betting turnover exceeds $100 billion annually.
- US thoroughbred racing handle was $11.2 billion in 2022.
- Laffit Pincay Jr. holds record 9,530 wins.
- Mike Smith has 5,600+ wins, multiple Triple Crown jockeys.
- Irad Ortiz Jr. led 2023 wins with 400+.
- Northern Dancer leading sire by earnings $645M descendants.
- Sadler's Wells sired 328 stakes winners.
- Galileo earned €195M in progeny earnings.
Horse racing blends historic events, legendary horses, and staggering financial stakes worldwide.
Breeding
- Northern Dancer leading sire by earnings $645M descendants.
- Sadler's Wells sired 328 stakes winners.
- Galileo earned €195M in progeny earnings.
- Mr. Prospector line dominates US breeding.
- Tapit leading US sire 2023, $20M fees.
- Dubawi UK/Ireland champion sire multiple years.
- Deep Impact Japan record sire earnings ¥22B.
- Storm Cat produced 200 stakes winners.
- A.P. Indy sired 3 Triple Crown winners.
- Danehill most successful global sire 200+ SW.
- Frankel first crop 5 SW in 2014.
- Unbridled's Song $30M progeny Belmont winners.
- Smart Strike sired Curlin and English Channel.
- Medaglia d'Oro top broodmare sire.
- Into Mischief leading 2023 NA sire.
- Quality Road $200K fee, champion sire.
- Australia (Galileo son) Group 1 winners galore.
- Justify first crop Eclipse champion 2023.
- American Pharoah $200K fee post-retirement.
- Winx produced first foal Time and Tide.
- Broodmare average sale $100K top tier.
- Inbreeding coefficient average 5-10% in pedigrees.
- TB foal crop US 20,000 yearly.
- Leading sire AEI (Avg Earnings Index) 2.50+ top.
- Danzig line influential in speed sires.
- Ribot most influential Italian sire.
Breeding Interpretation
Economics
- The Kentucky Derby purse is $3 million in 2023.
- Global horse racing betting turnover exceeds $100 billion annually.
- US thoroughbred racing handle was $11.2 billion in 2022.
- Breeders' Cup total purses $31 million in 2023.
- Dubai World Cup purse $12 million for winner.
- Average US track purse per race $40,000 in 2022.
- UK racing prize money £4.3 billion in 2022.
- Melbourne Cup purse AUD $8.4 million in 2023.
- Saudi Cup purse $20 million total in 2023.
- Churchill Downs Inc. revenue $1.76 billion in 2022.
- Thoroughbred breeding market $2.5 billion yearly sales.
- HKJC betting turnover HK$150 billion annually.
- Average stallion stud fee $50,000 for top sires.
- Fasig-Tipton yearling sales top $300 million.
- Keeneland September Sale grossed $438 million in 2023.
- Japanese racing purses total ¥3.7 trillion yearly.
- Pari-mutuel betting takes 15-20% house cut.
- US horse ownership costs average $50,000/year per horse.
- Grand National betting over £100 million yearly.
- Arc de Triomphe purse €5.6 million in 2023.
- Average claiming race purse $20,000 US.
- Racing industry employs 400,000 in US.
- Online betting growth 20% post-COVID.
- Epsom Derby purse £1.5 million GBP.
- Total US purses $1.1 billion in 2022.
- Top yearling sold for $13.1 million in 2020.
Economics Interpretation
History
- The first Kentucky Derby was held on May 17, 1875, won by Aristides.
- Horse racing in the US dates back to 1665 in New York.
- The Belmont Stakes was first run in 1867.
- The Preakness Stakes inaugural race occurred on May 27, 1873.
- The Triple Crown was first achieved by Sir Barton in 1919.
- Seabiscuit won the 1940 Santa Anita Handicap in a famous match race.
- Man o' War raced 21 times, winning 20 between 1919-1920.
- The Melbourne Cup was first run in 1861 in Australia.
- Royal Ascot began in 1711 under Queen Anne.
- The Grand National steeplechase started in 1839.
- Phar Lap won 37 of 51 races in Australia/NZ during 1920s-30s.
- Ruffian was undefeated in 10 starts before her tragic 1975 match race.
- Citation was the first Triple Crown winner to sire a winner in 1952.
- The Epsom Derby originated in 1780.
- Black Caviar won 25 consecutive races from 2009-2013.
- Frankel remained undefeated in 14 starts from 2009-2012.
- The Kentucky Derby distance was set at 1.25 miles in 1896.
- Secretariat set the Belmont record of 2:24 in 1973.
- The first Breeders' Cup was held in 1984 at Hollywood Park.
- Winx won 33 consecutive races including 25 Group 1s.
- The Dubai World Cup started in 1996 with $4M purse.
- Zenyatta won 19 straight before Breeders' Cup loss in 2009.
- The Prix de l'Arc de Triomphe began in 1920.
- American Pharoah ended 37-year Triple Crown drought in 2015.
- Justify completed Triple Crown in 2018, undefeated in 6 starts.
- The first English Derby was won by Diomed in 1780.
- Red Rum won the Grand National three times: 1973, 1974, 1977.
- Affirmed and Alydar had epic rivalry in 1978 Triple Crown.
- The Jockey Club Gold Cup dates to 1869.
- California Chrome won 2014 Kentucky Derby and Preakness.
History Interpretation
Jockey
- Laffit Pincay Jr. holds record 9,530 wins.
- Mike Smith has 5,600+ wins, multiple Triple Crown jockeys.
- Irad Ortiz Jr. led 2023 wins with 400+.
- Russell Baze career 12,844 wins world record.
- Frankie Dettori 3,000 UK wins in 1996 single year.
- Pat Day 8,774 wins, Hall of Famer.
- Joel Rosario Eclipse Award 2021, 300+ wins.
- Angel Cordero Jr. 7,057 wins.
- John Velazquez 6,500+ wins, 2023 Belmont jockey.
- Yutaka Take Japan record 4,000+ wins.
- Olivier Peslier French champion multiple times.
- Ryan Moore 100+ Group 1 wins globally.
- Chris McCarron 7,141 wins.
- Jerry Bailey 15 Breeders' Cup wins record.
- Jorge Velasquez 4 Kentucky Derbies.
- Gary Stevens 3 Triple Crown winners.
- Bill Shoemaker 8,833 wins most career.
- Eddie Arcaro 4 Kentucky Derbies, 5 Triple Crowns.
- Steve Cauthen youngest Derby winner at 18 in 1978.
- Kent Desormeaux 3 Derbies, alcohol suspension history.
- Flavien Prat top California jockey 2023.
- Umberto Rispoli leading HK jockey.
- James McDonald Australia champion.
- Christophe Soumillon 4 Arc wins.
- William Buick UK top jockey multiple years.
- Average jockey weight 115-120 lbs.
- Jockeys lose 10-15 lbs weekly to make weight.
Jockey Interpretation
Performance
- The average speed in the Kentucky Derby is about 37 mph.
- Secretariat's 1973 Belmont Stakes time was 2:24 for 1.5 miles.
- The fastest Kentucky Derby time is 1:59.40 by Secretariat in 1973.
- Dr. Fager set mile record of 1:32.2 in 1968.
- Hawkster ran 1.5 miles in 2:22.8 in 1989.
- Winning Brew holds dirt mile record at 1:11.6.
- Big Brown's 2008 Preakness time was 1:54.86.
- Frankel ran 2000m in 1:57.40 at Lockinge 2012.
- Cigar won 16 consecutive races 1995-1996.
- Citation holds record for most wins in a season: 1948 with 19.
- The fastest turf mile is 1:32.78 by Lord Kanaloa.
- Justify's Belmont time was 2:28.18 in 2018.
- Winx's Cox Plate time averaged under 2:03 for 2040m.
- American Pharoah's Triple Crown average margin was large.
- Black Caviar's average winning margin was 3 lengths.
- Zenyatta's Breeders' Cup wins: 13 from 14 starts.
- Arrogate's Travers Stakes time 1:59.36 in 2016.
- Flightline won 2022 Pacific Classic by 19.5 lengths.
- Battaash set 5f sprint record 53.43s at York.
- Elite horses run at speeds up to 40 mph.
- Average Kentucky Derby winner speed 36.5 mph.
- Ruffian's Travers time 2:01.75 unbeaten.
- Spectre ran 1m turf in 1:32.2 at Santa Anita.
- Maximum Security's 2019 Derby speed figure 120 Beyer.
- Gun Runner's 2017 Breeders' Cup Classic 2:00.7.
- Enable's Arc de Triomphe winning time 2:26.25.
Performance Interpretation
Sources & References
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