Connections of Guineas dark horse warn prestige of British racing won't be enough to stop overseas exodus
The connections of Qipco 2,000 Guineas dark horse Iberian have warned the prestige of British racing will not be enough to prevent owners having their horses trained abroad in the near future.
Richard Ryan, who oversees Jim Cockburn's Teme Valley operation, which owns the Charlie Hills-trained Iberian with Ballylinch Stud, is excited about the colt's prospects for the months ahead, but has stressed the sport in Britain cannot rely purely on its historical standing.
He was speaking after Racing Post analysis revealed betting turnover on horseracing fell by the equivalent of £1.75 billion in the last financial year, which will have a knock-on effect on the sport's funding and in turn, limit the return to owners in prize-money.
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- Gosden team put Lockinge fourth Inspiral through her paces as she is readied for Royal Ascot return
- Nevin Truesdale to step down as chief executive of Jockey Club at the end of the year
- Wathnan Racing go on six-horse spending spree before Royal Ascot - including Irish 2,000 Guineas second Haatem
- Charlie Fellowes eager to take advantage of open Jubilee with 'extremely talented' The Wizard Of Eye
- Ezeliya, Rosallion and White Birch share the spoils in first Cartier horse of the year standings of 2024