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Irish racing in freefall – or a blip?

Home Forums Horse Racing Irish racing in freefall – or a blip?

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  • #21130
    cormack15cormack15
    Keymaster
    • Total Posts 8783

    The economic conditions in Ireland have been widely reported.

    It appears that racing in Ireland is now beginning to feel the potentially catastrophic effects of the long period of austerity faced by the Irish.

    From 2011 Irish Turf Club Integrity Statistics –

    Flat licences fell by 11 per cent, jump licences by 4.6 per cent and qualified riders by 7 per cent. The number of apprentices being indentured for the first time also decreased by 8 per cent

    #394383
    no idea
    Member
    • Total Posts 685

    They face a recession just like everyone else.

    As in any business, the ones who adapt will survive and those who don’t will go by the wayside.

    #394445
    andyod
    Member
    • Total Posts 4012

    I got involved with horse ownership in ireland in the eighties.I got involved again recently. It is as easy now as it was then. Many people have money they would rather use for getting pleasure from racehorses than looking at in the bank.However the loss of jobs has affected the level of ownership of horses.Retired people with pensions are showing more interest There are fewer syndicates due to the loss of jobs.There are fewer horses due to the lack of demand.Look at the bumper entries and you can see the shortage of national hunt horses.But since the recession also hit England the demand is down and quality is still high.Good horses are not all being deported.

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