Racing is facing a perfect storm - so why is there no urgency from its leaders?

In this parched British summer of 2022, racing is facing a perfect storm. Paltry field sizes, unrest over prize-money, an exodus of talented horses to wealthier nations and falling attendances are collectively extracting a heavy toll on the sport.

These factors, alongside the cost-of-living crisis and the already tangible impact of the Gambling Commission's imposition of affordability checks on British bettors, threaten to send the sport into a spiral of decline.

A growing chorus of representatives from every corner of racing – punters, tracks, professionals, owners, bookmakers – clamour for something to happen to arrest this tailspin before too much damage is done.