Australia has become the center of a profitable industry at a time when horse racing is moving beyond just being a sport and into the world of investment. The Australian thoroughbred industry is preparing for an incredible 2024. Next year, there might be a race valued at one million dollars or more every 3.8 days, which reflects the country’s dedication to raising the bar and rewarding enthusiasts.

The prizemoney in racing has increased nationwide making it an even more alluring prospect for investors looking for unmatched returns. Recently, a visually appealing prospect was shared online simplifying the details of the 2024 plans.

Horse Racing industry to boost in Australia

Australia’s ambitious plans for 2024 were highlighted in a revelation post recently shared by @theTDN on Twitter(X). The post was captioned, “According to  @Aushorse_TBA, Australia will host a race worth a million dollars or more every 3.8 days in 2024, while prizemoney across the country has soared 45% in the past five years. Aushorse has released its 2024 Investor’s Guide…“

There’s more to Australia’s dominance in horse racing than just the sheer number of races worth millions of dollars. The quality of the country’s racing event is highly regarded Group 1 races than any other jurisdiction. The guide also clarifies the sales figures, showing that premium colts and fillies in Australia are significantly less expensive than those in other cutthroat yearling marketplaces.

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Notably, Australia currently has an average prize money of A$50,800 per race. This makes Australia a prime location for domestic and foreign investors hoping to profit from the booming global bloodstock market. Especially, given the nation’s reputation for producing outstanding equine sprinters with adaptable bloodline.

What’s in it for the investors? 

Aushorse’s much-awaited Investor’s Guide came just in time for the $204 million spectacle that is set to take place in 2024. Potential investors can use this extensive guide as a strategic tool in addition to absorbing the most recent data about the Australian thoroughbred market. Aushorse chairman Antony Thompson says, “The guide gets a huge amount of cut through, especially with people overseas,” further extending invite to only serious investors.

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It is a must-read for anyone wishing to navigate the ever-changing world of thoroughbred investment, as it highlights important data, sales trends, and the unmatched opportunities offered by the Australian racing circuit. The Guide further solidifies Australia’s standing as a global leader in thoroughbred excellence and an alluring destination for astute investors seeking unrivaled returns, with a focus on the thriving market for yearlings, colts, and fillies.

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