Tom Reilly | Horse Racing Free Tips

The eighth China Horse Owners Alliance (CHOA) conference was held on Aug. 31 at Yulong International Hotel. Yulong owner Zhang Yuesheng was re-elected as Chairman of CHOA.

“This year's prize money is 20 million RMB/$2.7 million and next year's is 30 million RMB/$4.1 million,” Yueshang said. “That means we will have completed the three-year plan for the Chinese-bred Thoroughbred series regular races. However, we will strive towards a prize money of 40 million RMB/$5.5 million next year and plan to introduce graded races. This is also the reason why CHOA has launched the 'Three-Year Chinese-bred Thoroughbred Series Regular Races', step by step promoting the growth in the number of domestic horses.”

Via a pre-recorded video, Tom Reilly, CEO of Thoroughbred Breeders Australia, announced the TBA's online horse course targeting Chinese horse lovers. The course is free and in Chinese.

Irish-bred runners claimed two out of seven races on Chinese mainland's richest raceday, Saturday Sept. 1. Yin Ling Shi Shang (Ire) (Inns of Court {Ire}) won his debut in the Coolmore Cup S. and Baton Rouge (Ire) (Galileo {Ire}) earned his fourth win from five starts in the Tattersalls Cup S. He is a full brother to European highweight and dual Group 1 winner Magician (Ire), who was recently purchased by Chinese interests and will continue his stallion career in China next year.

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Australia will host a race worth $1 million or more every four days in 2023, according to the latest Aushorse Investor's Guide released on Wednesday. The guide also showed that prize money across the country soared 92% over the past decade. The annual Aushorse Investor's Guide pulls together the latest information on the Australian Thoroughbred racing industry.

“Australia is enjoying a golden age when it comes to the Thoroughbred industry,” Tom Reilly, chief executive of Aushorse, said. “We have a great funding model that gives owners a real chance to get a return on their investment and the sport has tremendous backing across society.”

The guide showed that average prize money per race in Australia–almost $46,000–is far higher than other jurisdictions such as America, France, Ireland, and the United Kingdom. The quality of racing matches the prize money. In five of the past seven years, Australia has hosted more of the top-rated Group 1 races than any other jurisdiction.

The guide also revealed that it is more affordable to invest in Australia than in Europe or North America with the price of the top colts and fillies significantly lower than in other yearling markets. The average prices for the top 50 colts and fillies over the past five years in Australia (US$763,289 Colts, $550,110 fillies), compares favorably with Europe (US$980,206 colts, $883,073 fillies) and America (US$1,006,980 colts, $828,520 fillies).

The Investor's Guide has been designed to be easily viewed from mobile devices at Aushorse.com.au, and printed copies, which have also been translated into Chinese, will be posted along with the Aushorse annual magazine.

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