The Thoroughbred Business

The breeding of thoroughbred horses is a high-finance business stresses de Moubray (Horseracing and Racing Society), who here examines the phenomenon of the great growth in this industry in the past decade, which saw the annual foal crop in the U.S. double and the world's thoroughbred population reach over a million. These figures are all the more surprising because a breeder who pays $2 million for a yearling is as much a gambler as the pari-mutuel bettor who puts down $2 on a horse. The author discusses horse heredity, aspects of the breeding business and the effect the boom has had on stud farms, auctions and stallion farms. Even with 15 photos this is an unusually pricey volume. (July)