The Jockey Club Projects 2022 Foal Crop Of 18,700

The Jockey Club is projecting a North American registered Thoroughbred foal crop of 18,700 in 2022. This represents 500 fewer foals than the 2021 foal crop estimate of 19,200.

The foal crop projection is computed by using Reports of Mares Bred (RMBs) received to date for the 2021 breeding season. RMBs are to be filed by August 1 of each breeding season.

Additional foal crop information is available in The Jockey Club's online fact book at jockeyclub.com/factbook.asp and in the online state fact books.

Stallion owners who have not returned their RMBs for the 2021 breeding season are encouraged to do so as soon as possible. Interactive Registration, which enables registered users to perform virtually all registration-related activities over the Internet, is the most efficient means of submitting RMBs and is available at registry.jockeyclub.com.

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Large Drop in Thoroughbred Foal Crop; 18,700 Projected for 2022

The North American registered Thoroughbred foal crop is projected to be 18,700 in 2022, The Jockey Club reported Thursday morning. This represents 500 fewer foals than the 2021 foal crop estimate of 19,200, and, at a decline of 2.6%, represents the sixth straight year of decline and is the lowest figure since 1965, when the foal crop was 18,846.

The high-water mark of 51,296 was reached in 1986. The crop has declined every year since then with the exception of 2015.

The foal crop projection is computed by using Reports of Mares Bred (RMBs) received to date for the 2021 breeding season. RMBs are to be filed by August 1 of each breeding season.

Additional foal crop information is available in The Jockey Club's online fact book at jockeyclub.com/factbook.asp and in the online state fact books.

The Jockey Club is encouraging stallion owners who have not returned their RMBs for the 2021 breeding season to do so as soon as possible, advising that Interactive Registration, which enables registered users to perform virtually all registration-related activities over the Internet, is the most efficient means of submitting RMBs and is available at registry.jockeyclub.com.

The 2020 foal crop, at 20,500, was the last time it surpassed 20,000 foals. Click here to download a historical table dating back to 1900.

WinStar's Elliott Walden was asked if he felt that COVID-19, which struck one month into the 2020 breeding season, was behind the decline.

“I don't know if you can answer whether or not there's a specific reason for it,” he said. “It has been a trend for years, and I don't know that it's any one event that caused it.”

But whatever the reason, he  said that despite the foal-crop numbers, he was bullish on the industry. “I'm of the view that things are looking up,” he said. “I think that you've got four racetracks with maiden races with purses of $100,000 plus and I think you're going to see a very solid sale here next week. I think the horses that we typically don't talk about in the TDN are going to be very competitive to buy, and that's the horses in the $25,000-$100,000 range, because of the purses. If breeders can start making money across the board, rather than just on one or two horses, because the purses are good enough, that makes all the difference.”

In the meantime, he said, “the biggest concern is for races being filled, and you might have to solve that by picking and choosing strategic days for tracks to race.”

In Kentucky, the largest breeding state in America, the projected foal crop declined from 8,206 in 2021 to 7,545 in 2022, a loss of 661 foals, and a decline of 8%.

But like Walden, the Executive Director of the KTA/KTOB, Chauncey Morris, said he was seeing positive trends as well.

“If you look back in the history of the turf, when horse racing was the national pastime, the foal crop was far lower,” he said. “I always first have to look through the prism of Kentucky, because that's my job. And the 661 fewer foals is down to a decade of racetrack closures and disruption in the export market. We have been at this point for a while now in the 21st Century where there has been a deglobalization that makes it harder to export. Countries are wanting to subsist on their domestic product. We're doing that here in the U.S.. In the middle of that, there are some takeaways that are hugely influential to the foal crop as possible signs,” he said.

“The first is the strength of the economy in the U.S. as it relates to those end users–racehorse owners that we depend on who actually buy the horses,” he said.

“Number 2, I would say that if New York, Kentucky, Arkansas and California weren't posting solid wagering numbers, then we should have cause to really worry long-term about the business, but because they are turning in high-wagering numbers in the middle of a global pandemic, increased competition for the disposable dollar, and in the midst of global disruption, ultimately you can draw upon some positivity going into the largest sale in the world. Yes, it's a little bit concerning. But yes, we have also taken steps to correcting the underlying foundations as to how this sport is regulated, and can draw upon places like New York, Kentucky, Arkansas, where the business plan is solid. And we know that, at least in Kentucky, our fields are pretty good and our product is pretty strong.”

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‘Tremendous Champion Of Thoroughbred Racing’: Dr. David Richardson Dies At 76

Dr. J. David “Doc” Richardson, the distinguished Louisville surgeon who was an owner, breeder and widely-respected leader in the horse racing industry, died Tuesday at the age of 76. According to the Daily Racing Form, Dr. Richardson had been admitted to a hospital in Saratoga Springs, N.Y. with pneumonia following a COVID-19 diagnosis, then suffered a cardiac event.

“Dr. Richardson positively impacted the lives of countless individuals and meant so much to so many people in this community as well as the horse racing industry,” said Churchill Downs president Mike Anderson. “The Churchill Downs family is absolutely devastated to learn of his passing. He was such a fantastic man of the highest integrity and a tremendous champion of Thoroughbred racing. Our deepest condolences are extended to his numerous friends and family and especially to his children Melissa, Amy and Britton, his wife Maxine and brother Dr. Ron Richardson. Churchill Downs won't be the same without 'Doc' Richardson around.”

Born in Morehead, Ky., Dr. Richardson graduated from Morehead State University and the University of Kentucky's School of Medicine. Dr. Richardson rose to become chief of surgery and vice chair of the University of Louisville's department of surgery. He also was the former chair of the American Board of Surgery and a Regent of the American College of Surgeons.

A cousin of legendary late Hall of Fame trainer Woody Stephens, he bought his first horse in 1975 at age 30 and campaigned his first stakes winner in 1978. Either by himself or in partnerships with others, Dr. Richardson raised and sold more than 1,000 horses that ultimately won races. As an owner, he won more than 100 races in his career. Three-year-old homebred filly Lady Edith provided Richardson and partner Sandra New with a thrill on May 8, 2021 when she won the $108,075 Mamzelle Overnight Stakes at Churchill Downs by a neck at odds of 24-1.

In partnership with his medical and racing colleague Dr. Hiram Polk, Richardson bred and raced multiple stakes winner Mrs. Revere, who won four Churchill Downs stakes races during a two-year reign in 1984-85. Mrs. Revere collected three of those stakes during her 3-year-old season, thus providing Churchill Downs an opportunity to appropriately honor the filly with a Grade 2 stakes event for 3-year-old fillies on turf each fall. They also campaigned the Grade 1 winner Northern Emerald and stakes winners Maria Balastiere, Liz Cee and Harrods Creek.

Dr. Richardson was a member of the Kentucky Horse Racing Commission and The Jockey Club, also serving on the executive committee and board of trustees for the Thoroughbred Owners and Breeders Association, for which he'd been chairman, vice chairman and secretary, and also chaired TOBA's graded stakes committee.

Richardson was on Churchill Downs' racing committee comprised of racetrack representatives and horsemen. He also was a longtime Breeders' Cup board member and past president of the Kentucky Thoroughbred Association and Kentucky Thoroughbred Owners and Breeders.

“We are heartbroken and saddened by the passing of Dr. J. David Richardson, a remarkable man both in the medical community and the Thoroughbred industry,” said TOBA president Dan Metzger. “Dr. Richardson gave selflessly of his time in supporting many of our sport's organizations, including four years as TOBA chairman and nine years on the American Graded Stakes Committee, including seven as chairman. He was admired and loved by the countless he touched throughout the industry and we will forever be indebted to him for his steady leadership at TOBA. We send our heartfelt condolences to his wife Maxine, his children Amy, Britt and Melissa, his brothers Ron and Paul and to his entire family. A life well-lived, he will be dearly missed.”

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COVID-19 Claims Dr. J. David Richardson, Ky-Based Owner, Breeder, Regulator

David Richardson, M.D., a distinguished Kentucky-based surgeon who owned and bred Thoroughbreds for nearly half a century and was known as a thoughtful, cerebral racing regulator whose zeal for the sport shone through in his volunteer service on numerous industry-related boards, died Sept. 7 in Saratoga Springs, New York, after developing pneumonia related to COVID-19.

Richardson had been briefly hospitalized in the intensive care unit at Saratoga Hospital; he was believed to be 76 years old.

Chauncey Morris, the executive director of the Kentucky Thoroughbred Association and Kentucky Thoroughbred Owners and Breeders (KTA/KTOB) organization, confirmed the details of Richardson's passing to TDN. Morris noted in an email that Richardson had been vaccinated against COVID-19.

“David was a remarkable man who touched so many lives in his capacity as a brilliant surgeon, mine included, and seamlessly blended his Eastern Kentucky sensibilities with his dual professions and passions of horse racing and medicine,” Morris wrote. “There are countless people on the backside and frontside who literally owe their lives to David thanks to his keen observations of some health issue which led to first-class treatment, despite [a patient's] ability to pay.”

Tommy Drury, who trained horses for Richardson, wrote on Facebook that, “My heart is truly broken, as I'll never get the chance to thank you for all you've done to make my life better. RIP Dr Richardson. My life just won't be the same without you.”

James David Richardson (he was generally known by either just his middle name or “J. David” to friends) was the first child born into a working-class family in Morehead, Kentucky. According to a biography published earlier this year in The American Surgeon, Richardson was an outstanding student who rose to be valedictorian of his high school class, winning a state essay contest on ethics and citizenship while also teaming to win the Kentucky debating club championship.

Richardson graduated from Morehead State University in just three years with a near-perfect grade point average, then was awarded a scholarship to the University of Kentucky (UK) medical school.

Upon graduating from UK in 1970, he was recruited as an intern and resident to the Department of Surgery at UK, then transferred to the University of Texas at San Antonio where he completed both general surgery and thoracic surgery residencies. Richardson subsequently became one of the nation's few quadruple board-certified surgeons (general, thoracic, vascular and critical care surgeries).

Soon after, Richardson was recruited to the faculty of the University of Louisville, where for decades he served as a professor and later as vice chair of surgery. In 2014, he was elected president-elect of the American College of Surgeons.

“I did big surgery,” Richardson told TDN in a 2019 profile. “The first liver transplants in Kentucky, for example. I ran a trauma program for years. Major surgery is extraordinarily high stakes, high risk, high reward–and a lot of pressure. But while I've never had to do horses for business, I'm very sympathetic with people who do. If you've paid a big stud fee, or bought a high-priced mare, and are counting on that to make your nut for the year, I would think that's a very intense thing. Great when it works, terrible when it doesn't. It's not like life and death. But it's certainly a lot of pressure.”

In response to Richardson's passing, the University of Louisville Hospital released a statement Tuesday which read, “U of L Health extends its sympathy to his family and is grieving with them. He was an outstanding mentor and skilled surgeon who saved the lives of thousands through his work and education of many future doctors. Dr. Richardson was a beloved member of our family and will be missed.”

Horses had fascinated Richardson since boyhood, when he would leave friends at the Coney Island amusement park in Cincinnati to bluff his way, underage, into the adjacent River Downs racetrack. He bought his first Thoroughbred in 1975, at age 30, and had his first stakes winner in 1978.

“I enjoy all aspects of it,” he told TDN. “I like to bet. I like to breed horses. I love to race horses. Even in claiming races, I still get a kick out of winning.”

While carving out a career as a young medic, Richardson was taken under the wing of Hall-of-Fame trainer Woody Stephens, who was a family member and, like Richardson, had also risen from modest means in rural Kentucky to achieve wider success in his chosen field (Richardson called Stephens “Uncle” even though the trainer was Richardson's father's cousin). Through Stephens, Richardson availed himself of opportunities to learn everything he could about selecting, raising and training racehorses.

By the early 1980s, Richardson had learned enough to get involved in picking out some of the better-known horses campaigned by owner Henryk de Kwiatkowski that Stephens would go on to train. Among them were Danzig, Conquistador Cielo, and Sabin.

According to his American Surgeon bio, around the mid-1980s, Richardson began to devote more time to owning his own horses, especially broodmares. “Either by himself or in partnership with others, he has raised and sold over 1,000 horses that have ultimately won races at different tracks,” the bio stated. As of earlier this year, Richardson owned about 40 horses in various stages of development.

“I've spent tens of thousands of hours working things out,” Richardson told TDN in 2019. “I've looked at thousands of yearlings. I've looked at broodmares, November and January, snow knee-deep or bitter, freezing my butt off. So to me, that's part of paying your dues, and trying to become better versed, and staying up with the game. Because if you really do that carefully, you see how sometimes horses that win races aren't the prettiest things, or the best conformed.”

When it came to acquiring his own horses, Richardson relished that challenge of coming up with overlooked contenders that outran their auction purchase prices. In 1991, he bought eventual MGSW Northern Emerald in partnership for $55,000; she won the 1995 GI Flower Bowl H. Richardson also co-owned the homebred MGSP Mrs. Revere in the 1980s; that filly now has a stakes race named in her honor at Churchill Downs.

Richardson was a member of The Jockey Club, and twice served as president of the KTA/KTOB. He served as chairman of Thoroughbred Owners and Breeders of America and also as chair of its American Graded Stakes Committee. He also served on the Breeders' Cup Board of Directors.

“It's a tough business, but it's a great sport,” Richardson told TDN in 2019. “Horses are such wonderful creatures. I take a lot of people out to the track–we do it every year with the surgical residents–and the joy people have when they experience racing, even as novices, is amazing to see. So I hope we never lose that.”

According to Morris, Richardson is survived by his wife, Maxine, and three children.

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