Aushorse has released its 2024 Investor's Guide, which pulls together the latest information on the Australian Thoroughbred industry. The guide presents investors with plenty of reasons to participate in the industry, according to Aushorse, including: Australia will host a race worth a million dollars or more every 3.8 days in 2024, while prizemoney across the country has soared 45% in the past five years; the average prizemoney per race in Australia is A$50,800; and in four of the past five years Australia has hosted more of the top-rated Group 1 races than any other jurisdiction.
“It's incredible that there are close to 100 races worth a million dollars or more next year, but it's also really important that the average race value has also soared, giving all owners a chance to get a return on their investment,” says Tom Reilly, chief executive of Aushorse. “As we have seen with the recent breeding stock sales in the Northern Hemisphere, the top end of the market is very buoyant and Australia offers those high-end investors a wonderful opportunity. What's more, as anyone who went to a major race meeting during spring would testify, racing is very much part of the Australian way of life.”
The guide also delves into sales statistics and reports that the price of the top colts and fillies in Australia is significantly lower than in other yearling markets.
“The guide gets a huge amount of cut through, especially with people overseas,” says Aushorse chairman Antony Thompson. “If you're investing in a significant scale in the global bloodstock industry, then the Guide makes clear that you really need to be involved here.”
The Investor's Guide, which has been designed to be easily viewed from mobile devices, is available at investorsguide.aushorse.com.au