Aushorse Investors' Guide

Australia will host a race worth $1 million or more every four days in 2023, according to the latest Aushorse Investor's Guide released on Wednesday. The guide also showed that prize money across the country soared 92% over the past decade. The annual Aushorse Investor's Guide pulls together the latest information on the Australian Thoroughbred racing industry. "Australia is enjoying a golden age when it comes to the Thoroughbred industry," Tom Reilly, chief executive of Aushorse, said. "We have a great funding model that gives owners a real chance to...

Edited Press Release Australia hosts 72 races worth AU$1 million or more and prizemoney across the board has also surged by 82% in the past decade. These statistics and more are included in the latest Aushorse Investors' Guide, which was released Thursday. Another key statistic out of the guide is that the average prizemoney per race in Australia during the last racing season was over AU$46,000, compared to AU$29,000 in America and Europe, and AU$20,000 in the UK. "Whichever way you look at it, investing in a racehorse in Australia...