Quote:
|
Originally Posted by Honu
Well that is your opinon, I would just say this, that their money would be a big loss to the sport in the USA , they pump alot of money into this "dying industry" as some would say. They buy farms and horses , millions of dollars worth a year, ask any person in the breeding industry and they will tell you that the Sheiks contribute alot of money .
They sponser races that have HUGE purses throughout the world and here in the USA , they give jobs to alot of people here in the USA by having American trainers and farms. Believe me this industry would sorely miss their particpation in American racing.
|
No doubt there would be tons in the industry impacted although almost entirely on the breeding side. I think the main impact on racing, which is what I am a fan of, would actually be to keep better horses on the track longer which would be a positive for racing. The entire market in the horse breeding industry is a bubble. If people in the industry aren't prepared for that bubble to pop then they are being foolish. They should be profiting all they can now but better have backup plans if it does pop. I'm sure there are some that are aware of it and others completely oblivious to it.