An encouraging run from Boho Chic on Saturday night at Lingfield. A dismal performance from Legnani at Leicester yesterday, showing categorically that she has nil interest in being a racehorse. Frustrating - she works well at home but, for whatever reason, will not do it on the track. She is not a nasty person and will head off now to do another, less strenuous job. If only they could talk.......
Lingfield packed on Saturday night. The sun a factor, the Abba tribute band more of an appeal to most than the racing. And Leicester yesterday, with no Bjorns in sight, very busy as well. In fact, a random survey of the state of our sport that had taken in these two fixtures would have declared the game to be in a rude state of health....
But sadly these decent crowds are no more than a thin veil hiding the deep cracks below the surface. William Hill and Ladbrokes moving offshore will have a massive effect on the levy - and consequently the prize money we are racing for on a daily basis. When we launched this business, prize money could not be factored into my business plan - it is merely a tiny "bonus" that can in no way (at our lowly level) sustain or contribute to our overheads. We often need to win a horserace to justify the expense of travelling to a given track - second place prize money will not even cover the transport costs.....
But despite all this financial gloom, there are still a large number of Owners who find the allure of British racing utterly compelling. The unique nature of our tracks, the quality of horses on display, the fact that Racecourses are in the main understanding the needs of their customer base, the number of clever and forward thinking people at the helm of the sport beginning to outweigh the chippy and the wannabees......
It is not all doom and gloom. In an impossibly difficult economic environment, our business continues to grow. I am in no way complacent - but if we can keep the head above water in these troubled times, I hope that we will be in a position to really move forward when a degree of normality returns. We are in a "leisure" industry - people spend money on Racehorses when they have froth on top of the froth of their bonuses.
And one of the biggest issues at present (and one that prolongs a recessionary climate) is that a lot of people with money (and therefore potential racehorse owners) cannot be seen to be spending right now. By definition, the very rich are often large employers. Their companies are tightening their belts. There may well have been redundancies. But the business will survive and the very, very, very rich remain "very, very rich"....
But in this climate of job cuts and cost cutting, it is not necessarily the done thing to be seen spending hundreds of thousands of pounds (or guineas) at the bloodstock sales....
I guess we will have to continue to be patient (for the good times will come again - eventually), and, in the meantime, box a little clever.....
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