Forecast
Industry Forecast.
Investing in thoroughbred horses has always been a solid, well thought out investment strategy. In addition to consistently outperforming common stocks, investing in racehorses has been lucrative for many, many years. The last few years have seen a growth in the marketplace that can only be described as remarkable. And it doesn’t look to slow down anytime soon.
Fasig Tipton, Keeneland, and Ocala Breeders Sales Company have seen consistent growth patterns for the past seven years. Each year, gross and average at sales has consistently increased, and the past few years is no exception. As examples, the Fasig Tipton Summer Yearling Sale at Saratoga has increased in both gross dollars and average over the past three years, culminating this past year with an average of $560,000 per horse. The same can be said for the Fasig Tipton November sale, where the average this past year was over $600,000 per horse. Keeneland saw significant increases in their Book 1 business, with averages increasing by more than 22%, while OBS April had the highest average for two year old in training sale in the history of the sale.
There are more people watching and investing in thoroughbred racing than ever before. In the old days, they used to go to the racetrack 50,000 strong. Now, you can bet on any mobile device, anywhere in the world. So, access to the game has never been easier. The future is very bright and all of us at Thoroughbred Investment Group look forward to capitalizing on the continued growth patterns.



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