“We believe there is no better place to race a horse than in Australia,” said Tom Riley, CEO of Aushorse, “so let us help you get involved.”
“Where our prizemoney is booming and where we breed world class horses, it’s where owners can enjoy a unique experience at the track in some of the world’s greatest races.”
And with Tom Riley launching the eagerly awaited Aushorse Investor’s Guide for 2023 it’s “our country that embraces racing with one in every 254 people involved in racehorse ownership.”
‘Prizemoney in Australia offers owners the opportunity for a stunning return,’ says Aushorse,‘and In 2023 there will be 87 races worth A$1m or greater, say one race in every four days.’
Eight years ago, there were just 28 races worth $1m or greater, and is set to grow to 87 in 2023, with the 2021-22 season seeing one in 57 horses retied with career earnings of over $500,000.
With Australia staging 82 millionaire races this year, it’s 57 races in USA and 23 in Britain and Europe, while Australia had an average of $45,935 in prizemoney per race in 2021-22.
In being ahead of America with $39, 568 per race, Ireland $38,910, France $38, 176 and Britain with $27,405, it reflects Australia as a world leader despite having a large regional racing circuit.
With Australia having major bonus schemes that reward owners with additional $46m in stakes, it’s the lucrative race series run by Inglis and Magic Millions that adds another $67.5m to owners.
In fact, the International Federation of Horseracing Authorities state Australia hosts more elite races, for in 2021 we staged a quarter of the world’s highest rated Group One races.
In 2020 we had 25 Group Ones meaning that in both years Australia had more races ranked in the top 100 than any other country, and in the past seven years Australia topped the list five times.
At the same time the USA was rated second with 19 major races in the World Top 100, Britain 17, Japan with 11 events, Hong Kong with 8, France 5, and 4 in both Germany and South Africa.
Also in the last decade at the elite level returns to owners have grown 92% across Australia, that gives all owners a chance to recoup their costs, even if their horses are racing in moderate events.
The quality of our Group Ones are built on the strength of the local breeding industry, and best known for sprinters an Australian-bred being world champion sprinter in seven of the past ten years.
Today Nature Strip again holds that title on defeating a very strong field in Royal Ascot’s King’s Stand Stakes, while wonder-mare Winx was a world’s highest having had a 33-race winning streak.
And if you look at the breed-shapers Golden Slipper, Blue Diamond, Caulfield Guineas, Golden Rose and Coolmore Stud Stakes they have all been won by local bred horse for the past 15 years.
Today with Anamoe, and Golden Sixty in Hong Kong each winning seven Group 1 races, it’s our bloodstock that’s more affordable to invest in Australian than other major jurisdictions.
Over the past five years, buyers in Australia have averaged $763,289 for a top 50 colt, and $550,110 average for a top 50 filly, in the US its $1,006,980 for a top 50 colt and $828,520 for a filly.
With most major Australian breeders offering their stock for sale, buyers can get to access the best families, with 70% of Group 1 winners over the past three seasons being offered as yearlings.
This compares to 68% of American-bred Group 1 winners going through the sales ring, with 45% of European breds, while of Australian’s leading sires so many were locally bred, raised and sold.
I Am Invincible was Ranked 1 being a $62,500 yearling, So You Think second and at $110,000 Snitzel at $260,000, Not a Single Doubt $210,000, Written Tycoon $50,000 and Sebring $130,000.
For owners to have a colt that’s rated a stallion prospect, they many see him sell at valuations in excess of $25m in recent years, with Group 1 hero’s Farnan and Ole Kirk both trading for $30m+.
