Equestrian Enthusiasts Launch Fund for Smooth Transition of Retired Track Horses

In equestrian sport, thoroughbred horses are bred and taken care to run them in horse racing events. Their value is determined by their pedigree and their performance on the track. When they get to retire, it is really a tough situation for the owner to transition their horses into another life.

The horses get to have some prominent options like breeding, and equestrian, but not all of them get that. Many of the horses left to live pasture lives, get neglected, and even find themselves at the slaughterhouse. In order to ease that transition and for better welfare of equine, a prominent equestrian organization has declared a new fund.

Equestrian fund to help horses after racing life

Myracinghorse has decided to form a Super Horse fund to help the horses retiring from the track by helping them with an easy and successful transition into a new career. According to Racing, this micro-share syndicator gives a facility for its customers to buy a small interest of the share of the horse. Now, each buying portion will have a percentage of the fund and it will also direct the proceeds from the sale of merchandise towards the fund. The director of Myracinghorse, Ben Willis, mentioned that the purpose of the fund is to normalize post-retirement ownership experience. He said, “Horse welfare and responsible ownership is a non-negotiable for MyRacehorse and we know this is important for our owners too“.

Horse racing is the prime focus of every thoroughbred horse but the average retirement age of the majority of the horses is five years. Horses live for twenty years or more and thus, after racing a large portion of their life is left for better opportunities and to live healthy respected lives. Therefore, the director mentioned that our decision and direction are vital in this regard. Engaging owners in this post-racing journey is the key and the organization will support this transition by keeping in touch with horses in their new home.

The stable, vets and Equine Welfare Consultant will work together to choose the best option for the horse’s transition after retirement. The new development of the fund came after the experts signaled that owners facing difficulty in the transition of their horses and facing a less demand for their retired equine.

Retired racing horses have less demand

The horse owners were facing quite a challenge in the transition process of their horses. The economic and environmental conditions were pushing them to the edge. An increase in the living cost, soaring interest rates, costly feeds, and the drought combined created a huge challenge for the owner. Plus, the decline in demand for racing horses in the equestrian sport and for pleasure added to their misery.

Read More: Equestrian Community Witnesses Retirement of $2,356,200 Worth Multiple Grade 1 Winner From Racing

The formation of funds for the support of retiring horses is a bold step to ensure the safety and welfare of the equine in their post-racing life. The involvement of the owners aware them of their responsibility and makes the transition process smooth.

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