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Thoroughbred Retirement Foundation, Inc.

Thoroughbred Retirement Foundation, Inc. Presentation to The Jockey Club Thoroughbred Safety Committee October 13, 2008. Today. Racehorses have no retirement plan Charities have not been able to raise enough money without institutionalized funding to care for the horses seeking sanctuary

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Thoroughbred Retirement Foundation, Inc.

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  1. Thoroughbred Retirement Foundation, Inc. Presentation to The Jockey Club Thoroughbred Safety Committee October 13, 2008

  2. Today • Racehorses have no retirement plan • Charities have not been able to raise enough money without institutionalized funding to care for the horses seeking sanctuary • This is becoming increasingly apparent to the American public

  3. Reality • Racing cannot be expected to identify every Thoroughbred on its way to slaughter, particularly those who have been in private hands for years. • When the racing athlete has run its last race, and has no other humane option for retirement, we can be there and provide a solution.

  4. The Solution: TRF Safety Net Program • Set aside safe stalls at tracks • Ban the killer buyers • Horses go to the TRF • Tracks provide funding for their daily care • Public image and racing product reap benefits

  5. The Numbers At tracks with retirement programs, 3%-4% of starters seek humane retirement. (e.g.: 100 horses from 3,000 annual starters at Philadelphia Park; 50 horses from 1,500 annual starters at Suffolk.) 72,000 starters annually nationally Half of these are at low-level tracks 36,000 x 3% = 1,080 horses annually

  6. What happens to the horses? • 10% are euthanized • 40% are sound and adoptable • 50% not serviceably sound

  7. Outreach and Expansion • With industry funding, this program could be expanded to cover all Thoroughbred race horses seeking humane retirement

  8. Anticipated Annual Costsfor 1000 horses • Board/Care 1,825,000 • Transportation 400,000 • Vet/farrier costs 250,000 • Euthanasia 47,500 • Herd Oversight & Management 175,000 • Marketing 50,000 • Capital/Infrastructure 250,000 2,997,550

  9. Funding • Race Track Support • Voluntary $75 donation at foal registration • The Jockey Club match • The TRF would launch promotional campaign and continue existing fundraising efforts ($3.1 million per year) to expand the safety net • Government participation in corrections and community service programs

  10. Why TRF? • The Jockey Club controls solution • Existing infrastructure means quick action • Proven PR benefit from community service for unsound horses

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