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Jim Boyle Joins Racing Foundation Board Of Trustees

Trainer and veterinarian Jim Boyle has been appointed to the Racing Foundation's Board of Trustees. He replaces now-retired trainer Mark Johnston.

A graduate of Bristol University in 1996, he later specialised in equine veterinary medicine, and has served as President of the National Trainers' Federation (NTF) between 2014 and 2016. Boyle joins Algy Smith-Maxwell, Alice Page, Linda Bowles, Louise Kemble and Susannah Gill on the Foundation's seven-strong Board of Trustees, which is chaired by Julia Budd.

Budd said, “We are delighted to welcome someone of Jim's calibre to the Racing Foundation's Board of Trustees.

“Jim's in-depth and practical equine veterinary knowledge combined with his vast experience as a trainer will offer a much-valued perspective to the Board who will greatly benefit from his expertise.

“I would like to extend my gratitude to Mark Johnson for his contribution to the Racing Foundation over the last six years. His knowledge, insights and advice have been generously given and enormously valued by us all.”

Boyle said, “I'm delighted to be joining the Racing Foundation as a Trustee, and hope to use my experience as both a vet and racehorse trainer to help contribute to the decision-making processes involved in the awarding of grants.

“These grants have the ability to make a real difference to the racing industry and by association the entire equine industry. I look forward to working with the rest of the Board to make sure the best possible use is made of the funding that is available.”

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BHA Race-Reduction Proposal Tabled Following Executive Committee Vote

The British Horseracing Authority's proposal to balance the racing programme and reduce it by 300 races for 2023 did not proceed out of review after the sport's Executive Committee voted on Wednesday evening. Racing Post first reported the news. The Executive Committee consists of BHA Chief Executive Julie Harrington, and high-ranking members of the Racecourse Association and the Thoroughbred Group. Harrington released a statement explaining the decision on Thursday morning. The statement read:

“The BHA retains the view that it is critical we take steps, as a sport, to deliver a racing product which is both competitive and compelling. The use of a data-driven race programme which is suitably tailored to the population of horses in training will be central to this.

“Following ongoing discussions with the sport's member bodies we believe the best way to achieve this will be through collaboration on a unified industry strategy, rather than making tactical tweaks to the race programme, which have the side-effect of causing significant division amongst the sport's various members.

“The sport's leaders have recent announced that work will now begin on a unified strategy, with fixtures and the race programme at its core.

“Meanwhile, the size of the 2023 race programme will remain under review, with the capacity for decisions to be made later in the year, based on ongoing industry discussions and our ongoing monitoring of the horse population.”

The National Trainers Federation released a statement in response to the news which read:

“We are extremely disappointed with the outcome of the Executive Committee vote on reducing race volume for 2023. From the outset we have supported a BHA proposal that sought to prioritise the future health of the sport over immediate financial gain.

“Further to this, we are left questioning a situation where, despite the Thoroughbred Group voting in favour of the BHA proposal, it was not possible to even reach the two to one majority needed to justify a discussion at the BHA Board. Clearly, this raises significant concerns for us.”

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Ralph Beckett Elected NTF President

Trainer Ralph Beckett has been elected the President of the National Trainers Federation (NTF) for 2022 and 2023 at the NTF General Meeting on Feb. 24. He replaces Emma Lavelle, who served two terms from 2020 to 2022. In addition, Hugo Palmer was appointed the third member of the NTF Presidential Triumvirate alongside Nick Alexander.

The British Horseracing Authority's Chief Regulator Officer Brant Dunshea and Director of Integrity and Regulation Tim Naylor addressed the assembly after the meeting proper. They discussed the BHA's strategy for regulation and also took part in a question-and-answer session.

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StableDuel Launches Horse Racing NFT Platform

The tech-forward group at StableDuel, a daily multi-race contest for live horse racing, and Vivid Labs, a full-service NFT technology and strategy provider, are partnering to introduce Capallix, an innovative platform offering NFT's from the world of horse racing. The multi-media, updateable keepsakes represent the next generation of the NFT industry and brings fans closer to the sport in a unique and unprecedented way.

At launch, the platform will be focused on a breeding/racing token that is unique to each horse and allows for unique multimedia content to be updated to the NFT holder for each horse. The experience portion of the breeding and racing tokens will grant the holder access to unique horse racing experiences (workouts, paddock visits, winners circle pictures). This will bring fans closer to the sport in unique ways and give owners, trainers and jockeys direct monetization opportunities. Certified breeder's tokens will be unique tokens issued in association with the birth of prominent foals. The platform will partner with tracks, trainers, and jockeys to offer unique content.

One of StableDuel's partner tracks, Tampa Bay Downs, will be offering an NFT set ahead of the Tampa Bay Derby, and there will be exclusive releases from Hall of Fame jockey Johnny Velazquez and other popular industry professionals. Capallix will also partner with a variety of industry based non-profit organizations to support Thoroughbred aftercare, retired jockeys and backstretch communities.

“StableDuel is excited to be at the forefront of racing culture and technology and proud of our partnership with Vivid Labs,” said Bri Mott, Managing Partner at StableDuel. “NFTs provide untapped value and unprecedented experience to horse racing fans and the industry stake holders.”

The partnership between Capallix and Vivid Labs takes horse-racing NFTs to the next level. Through Vivid's multimedia capabilities and Capallix access, NFT purchasers receive unprecedented insight into the lives of racehorses, horse owners, trainers, jockeys, fans, bettors, and the racing industry.

Vivid Labs is a next-generation NFT publishing platform that allows anyone to create, manage, and sell NFTs containing multiple media files and formats. Compatible across all major blockchains, Vivid Labs offers advanced NFT+ features, the platform's innovative solution that transforms simple NFTs into programmable multimedia experiences that are multi-format, multi-asset, permissioned, updateable, and resilient. Through NFT+, Capallix NFTs can be updated regularly, with new content added throughout the life of the NFT.

“By transforming NFTs into updatable multimedia experiences and giving token holders access to behind-the-scenes material, Vivid Labs and StableDuel are revolutionizing the way horse racing fans interact with the sport,” said Halsey Minor, CEO of Vivid Labs corporate parent Live Planet. “The launch of Capallix NFTs demonstrates significant innovation in thoroughbred racing, arguably surpassing NFT technology currently used in other professional sports markets.”

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