The article discusses the concerning decrease in foal crop numbers in the horse racing industry, with a 6% decrease in 2024 and a projected further reduction in 2025. This decline is problematic as it leads to small field sizes, uncompetitive racing, and ultimately less interest from punters, resulting in lower returns for the industry. The article emphasizes the importance of a sustainable supply of horses to maintain a relevant and attractive racing program.

To address the declining foal crop numbers, the Thoroughbred Breeders’ Association (TBA) has implemented interventions and incentives such as the Great British Bonus (GBB) and GBBPlus. These initiatives have successfully increased the value of fillies and encouraged the breeding of horses for longer distances. The TBA’s efforts have shown positive results, with an increase in foals specifically bred for National Hunt or dual-purpose racing over the past ten years.

While it may take time to see significant improvements, the TBA remains committed to building a robust and sustainable horse racing industry with a diverse horse population. The article concludes by highlighting the progress made by the TBA and expressing optimism for the future of the industry, drawing a parallel to the success story of Amazon’s humble beginnings.