Jeremy Gask

But the harbour is full on them. Focus on making the owner feel good about being involved in something bigger than themselves that involves lots of interesting people, racing horses is never going to make much sense financially

Any while I agree that too much money goes to some races, redistributing this excess would only have a minor effect the prize money the average horse wins. People do lots of activities for reasons beyond money such as status, enjoyment, legacy etc. Yachts make no financial sense

Better race programming for average and older horses would mean you could run just as many races with a smaller horse population. This would also prolong the racing life of many horses and reduce the number of horses who retire too early.