
Racing Industry Stakeholders
Racing industry stakeholders are the various groups involved in horse racing, each playing a vital role. This includes horse owners who fund and breed racehorses, trainers who prepare horses for competition, jockeys who ride in races, and track operators who manage race venues. Additionally, betting companies handle wagering, regulators oversee fair practices, and fans support through attendance and betting. Sponsors and breeders contribute resources, while media outlets promote races. Together, these stakeholders create a complex ecosystem that sustains the sport, ensuring it remains entertaining, competitive, and financially viable.