‘The strength of Australian prizemoney shows there is no more rewarding place to race than Australia,’ stated Aushorse Marketing, ‘with our prizemoney dwarfing those of other racing nations.’
Australia remains the leading place to race a horse in the world with 52 races run this year worth A$1 million or more, compared to 29 in America and just seven across all of Europe.
With each Group1 race averaging A$1.14 million in Australia, the USA with A$1 million per Group 1 is 12% less than Australia, Europe at A$574,000 being 50% less and the UK 53% less at A$537,000.
In addition, Australia averaged A$46,245 prizemoney per race this year, the USA with A$29,234 being 37% less, Europe at 38% less with $28,604 and the UK with A$20,181 being 56% less.
Now available online, a print version of this Aushorse Investors’ Guide for 2021 has been sent to over 4,500 owners, breeders, bloodstock agents and participants around Australia and world-wide.
In broadening and strengthening Australia’s base it’s been translated into simplified Chinese for the mainland audience, as well as traditional Chinese for those in Hong Kong and Macau.
“Whether its prizemoney, the availability of the best stock for auction or the resale value of a good colt or filly, there is no better place to invest,’’ said Aushorse chief executive Tom Reilly.
‘’In a year disrupted by COVID, the strength of our thoroughbred industry has never been more apparent. While some countries slashed prizemoney, returns to owners grew in Australia.’’
This year Australian conducted 52 Group 1 races, the USA with 29 and Europe 7, which highlights just one of many facts and statistics are published in the 2021 Aushorse Investors’ Guide.
Here in Australian ownership is not for the few, but for the many, with more than 100,000 Aussies owning a share in a racehorse – double that of USA, UK, Ireland and France combined.
In Australia being the best environment to race a horse, statistics show that 1 in 253 Australians own a share in a racehorse, 1 in 6,489 people in UK, 1 in 9,547 Americans and 1 in 14,290 in France.
With no restrictions on foreign owners, and increasing year by year, there are strong rewards for owners and participants with bookmakers paying a percentage of turnover back to racing.
Our prizemoney is possible because of our fondness for a flutter, with a typical Australian betting some US$820 a year on the sport, compared to US$295 in Britain, US$172 in France and US$43 in USA.
“Over the past decade our prizemoney has grown 80%,” said champion trainer Gai Waterhouse, “and there has never been a better time to invest In Australia, and this Guide is the evidence why.”
“It’s the perfect tool for our industry participants to use when communicating with investors, as well as helping spread the message about the strengths we have in this country.”
Of all Australian-bred Group 1 winners in 2020, 78% of them were offered at auction as yearlings, compared with 73% in the USA and 52% in Europe.
Also in comparison, the average price for the top 50 yearling colts over the past 5 years was US$678,137 in Australia, US$955,400 in USA and US$1,063,737 in Europe.
The average price for the top 50 yearling colts over the past 50 years was US$955,400 in Australia, US$1,063737 in the USA and US$ …US$1,063,73US$1,##, 737 in Europe.
‘In Australia we are more fortunate than most. With strong support of the public and politicians, and with racing continuing throughout the pandemic, our prizemoney still leads the world and our sales continue to offer buyers unparalleled opportunity.’