Tasracing Pty Ltd’s Post

The Tasracing-commissioned Size and Scope of the Tasmanian Racing Industry Report 2021/22 reveals that the racing industry boosts Tasmania's economy by $208M annually and supports over 6,400 jobs, showcasing its role in community and regional development, engagement, and sustainability. A key pillar of Tasmania's social and economic fabric. Read the full report below 👇 #itswhywerace

·     Racing is more than just a sport in Tasmania; it's an industry key to social cohesion and community well-being. ·     Beyond the thrill of the race, racing tracks and clubs serve as community hubs, celebrating local heroes and fostering a sense of pride. These historic venues are more than just sports facilities; they're invaluable community assets that contribute to the region's social fabric and heritage. ·     With activities ranging from fundraising events to offering club facilities to local groups, the industry supports almost 60 community organisations. ·     For every dollar spent on-course by racing attendees, a further dollar is spent off-course on activities including travel, fashion and retail. ·     The Tasmanian racing industry directly spent nearly $190 million in the state in 2021/22, almost half of which was generated in regional parts of Tasmania showcasing its role in driving local economies. ·     The Tasmanian racing industry is a vibrant ecosystem where participation extends beyond employment, blending business with hobby, where passion and dedication drive engagement. For many, racing is not just a passion but a livelihood, offering employment opportunities that leverage their unique skills in ways few other sectors can. ·     Racing has been part of Tasmanian life for well over 150 years. We’re proud of our racing history, and what racing means for our future. #itswhywerace

The Tasmanian racing industry is a vibrant ecosystem, comprising over 6,400 individuals, including employees, trainers, breeders, owners, jockeys, drivers, stablehands, and volunteers. Participation extends beyond employment, blending business with hobby, where passion and dedication drive engagement across all levels. For many, especially trainers and breeders, racing is not just a passion but a livelihood, offering employment opportunities that leverage their unique skills in ways few other sectors can. Discover how participation in the racing industry drives economic prosperity here: https://bit.ly/3vECxNS #itswhywerace

Today, over 160,000 spectators donning view-blocking hats and loud pattern combinations will descend onto Churchill Downs and watch 20 horses run for at least two minutes. There’s a chance the winning horse takes a few seconds longer to cross the finish line, but it’s unlikely it will finish sooner. The legendary horse Secretariat still holds the record for fastest Derby ever from 1973, clocking in at 1:59.4. And winning horse times have stayed pretty stagnant for the last 50+ years. A couple reasons why we likely won’t see a one-minute race: The Derby’s outcome relies heavily on weather conditions. The ideal climate for a race day is hot and dry, but rain has attended the Derby more often, and thunderstorms are predicted for this evening. A 2008 study found thoroughbreds may have hit their peak physicality. Decades of selective breeding has led to 95% of the breed descending from a single Arabian horse. Meanwhile on a different track…human runners are smashing records faster than you can say mint julep. The men’s 100m world record has been met or beaten 20+ times since 1973. Chalk it up to better advancements in training equipment, nutrition, and humans’ willingness to do just about anything to get ahead.

There's a toxic industry most of the world has stopped but still persists in Australia - 🤦♀️ Australia is now one of just 6 countries in the world with operational greyhound racing tracks 💸 Australian state governments continue to give vast sums of our taxpayer money to the greyhound racing industry e.g., the Queensland Government has pledged $51.7 MILLION out of a total $85 MILLION spend to deliver a controversial new greyhound racing track 🤦♀️ Even industry describes this track development as turning the clock back - "A return to 10-dog racing would evoke memories of back to the 1960s" https://lnkd.in/gXgV4Rs4 But it's not 1964, it's 2024 so let's #StopGreyhoundRacing in Australia Queensland has a state election this week so it's up to voters to decide - are you happy for millions to be spent propping up a cruel outdated industry to drive problem gambling? #animals #animalwelfare #animalcruelty #dogs #Queensland #QLDelection

💼 Explore the Economic and Legislative Side of Horse Racing! Our article 'Public Opinion on Horse Racing: How to Transform the Sport' delves into how public opinion influences not just the track but also the economy and law. A fascinating read for those interested in economics, policy-making, and the future of the racing industry. #EconomicImpact #RacingLegislation https://lnkd.in/g77RcJSS

Kentucky Derby horses aren’t getting any faster Today, over 160,000 spectators donning view-blocking hats and loud pattern combinations will descend on Churchill Downs and watch 20 horses run for at least two minutes. There’s a chance the winning horse will take a few seconds longer to cross the finish line, but it’s unlikely it will finish sooner. The legendary horse Secretariat still holds the record for the fastest Derby ever, clocking in at 1:59.4, from 1973. Winning horse times have stayed pretty stagnant for the last 50+ years. A couple reasons why we likely won’t see a one-minute race: The Derby’s outcome relies heavily on weather conditions. The ideal climate for a race day is hot and dry, but rain has attended the Derby more often, and thunderstorms are predicted for this evening. A 2008 study found thoroughbreds may have hit their peak physicality. Decades of selective breeding have led to 95% of the breed descending from a single Arabian horse. Meanwhile, on a different track…human runners are smashing records faster than you can say mint julep. The men’s 100m world record has been met or beaten 20+ times since 1973. Chalk it up to better advancements in training equipment, nutrition, and humans’ willingness to do just about anything to get ahead.

"They ask for transparency in the judging and question why the general impression of a dressage test is not part of the open scoring today. They also want a discussion on why there are championships for young horses. Is it to prepare the horses for a successful future or for commercial reasons?" Yet more positive news for horse welfare! The Nordic National Equestrian Federations have come together to sign a joint letter calling for more action to improve horse welfare across equestrian disciplines, starting with dressage. This follows a spate of recent cases where welfare issues at the very top of equestrian sport have been thrown into the spotlight. This is great news for the industry as it not only aims to improve standards of welfare across equestrian disciplines but also aims to improve and maintain the equestrian industry's social licence to operate. Watch this space! https://lnkd.in/eeByUE8P #equestrian #equestrianlife #animalwelfare #horses #horseriding #animalprotection #positivechange #dobetter

Interesting article on the state of racing in South Australia.

Rushing into horse racing isn't worth it. Basic knowledge is like appetizers; real expertise is the main course. It's important because understanding breeding and sales brings deeper success. Learn the ropes of the thoroughbred industry to succeed. Nothing beats the satisfaction of well-informed decisions.