Million Dollar Earners
Million Dollar Races
Total Prizemoney
Average Race Value
Bonus Schemes
Bloodstock Affordability
Stallion & Mare Values
Asian Market
Support for Racing
Government Support
Resources & Contact

Welcome to the Aushorse Investor's Guide for 2022, which we think makes a compelling case to get involved in Australian racing and breeding.



Put simply, ours is an industry that is going from strength to strength: with prizemoney surging; a world class product; and support that sees one in every 254 Australians own a share in a racehorse.



Let us help you get involved,

Tom Reilly Signature

Tom Reilly, Aushorse CEO

オスホース 最高経営責任者

Horses Racing

Million Dollar Earners

When it comes to racing a horse, there are few other jurisdictions that allow anybody to enjoy ownership, while offering the opportunity for a stunning return.

In the last racing season

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Horses took their earnings past the A$1m mark, joining 89 that were already millionaires


That means
In Every
Horses in Australia had career earnings over A$1M last season 獲得しているということ。

For comparison, last season

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Horses in america took their earnings over a$1m


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Horses in europe took their earnings over a$1m


Million Dollar Career-Earners in 2020/2021

Hyngry Heart

Hungry Heart


Dual Group One-winning daughter of Frankel who was foaled in Australia.

Yearling Price A$300,000

Season Earnings

A$ 1.29 m

Career Earnings

A$ 1.74 m
Masked Crusader

Masked Crusader


World’s second-highest ranked sprinter and 2021 Everest runner-up.

Yearling Price A$340,000

Season Earnings

A$ 956 k

Career Earnings

A$ 3.78 m



Winner of the Blue Diamond Stakes, that broke through the A$1M mark at only his fourth start.

Yearling Price A$120,000

Season Earnings

A$ 1.04 m

Career Earnings

A$ 1.46 m



Three-time Group One winner, taking out the Flight Stakes, Spring Champion Stakes and The Metropolitan.

Yearling Price A$130,000

Season Earnings

A$ 1.23 m

Career Earnings

A$ 1.96 m

Million Dollar Races

The number of thoroughbred millionaires is set to continue to soar as there has been an explosion in prizemoney at the top end. Six years ago there were a healthy 36 races offering purses of A$1 million or more – that total has jumped to 72 in 2021.

Number of A$1m races per country

72Races in Australia
18Races in Europe
49Races in America

Total Prizemoney

But it is not just at the top end where returns have increased. Prizemoney across the board has gone up by 82% in the past decade – a level of growth that no other jurisdiction can match.



And this means that wherever you race a horse, you stand a great chance of getting a significant return. For example, in Sydney and Melbourne at the main Saturday meetings, even a maiden or the lowest class handicap is run for A$130,000.


例えば 、メルボルンやシドニーでの土


Last 10 racing seasons

People cheering

Average Race Value


Even with a large racing circuit in rural Australia, our average race value is among the highest in the world.

People cheering

Average Prizemoney Per Race in 2021

Bonus Schemes

And on top of the standard returns, in Australia there exists a number of bonus schemes – both incentives for racehorse owners from state breeding programs, as well as lucrative race series’ run by the two sales companies, Inglis and Magic Millions.

Taken together these schemes provide owners with returns of another


A$ 0 m

Bloodstock Affordability

Despite the riches available on the track, when it comes to entering the market, Australia offers rare value.

Over the past five years the cost of buying a leading prospect from the yearling sales in Australia has been significantly more affordable than in other major racing jurisdictions.

No matter whether it is a colt or filly, the figures speak for themselves.

Of course, in Australia – with our strong commercial breeding industry where the major players are sellers of yearlings – buyers also get the chance to access the best stock.

Average price for the top 50 yearling colts over the past 5 years

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Average price for the top 50 yearling fillies over the past 5 years

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Group One Winners

0 %

of the 61 individual Australian-bred Group One winners in 2020-21 were offered for sale as yearlings


0 %

of American-bred Group One winners in 2020 were offered for sale as yearlings


0 %

of European-bred Group One winners in 2020 were offered for sale as yearlings


And the Australian breeding industry produces a world-class product. We are, of course, best known for our elite sprinters. In seven of the last 10 years, an Australian-bred has been crowned the world's top-rated sprinter.


But sprinters aren't the only champions produced on these shores. The superstar Winx won a world-record 25 Group One's and led the global ratings on a number of occasions.

Winx with person


Group one races won by champion mare Winx


Yearling price A$230.000

This year has also witnessed the emergence of another remarkable talent, with Incentivise taking out the Caulfield Cup and running a brilliant second in the Melbourne Cup, our richest and most revered staying races.




Stallion Values

For those owners who have a colt that has the potential or performance to be a stallion prospect, the rewards on offer match or surpass those available elsewhere.

With multiple farms having the resources to compete for the top prospects, in recent years there have been a number of horses sold to stud for valuations in excess of A$25 million.

And to get yourself a stallion prospect, you need to be buying an Australian-bred. In the past decade the winners of all the key stallion making races - the Blue Diamond, Golden Slipper, Sires' Produce Stakes, Caulfield Guineas, Golden Rose and Coolmore Stud Stakes - have been produced locally.



This Australian dominance is backed up by performance in the breeding barn. At the end of last season nine out of the top 10 stallions in the general sires list were locals, all of which had been through the sales ring as a yearling.


Mare Values

Owners racing fillies and mares also have the option of trading in for a strong return if they have a well-performed prospect.

In 2021, some 10 Group One-winning fillies and mares were sold off the track at auction, for an average of A$1.76 million. Looking at all stakes winners off the track, some 49 fillies or mares were sold at an average of A$871,000.

Arcadia Queen アルカディアクイーン

Three-time Group One winner who amassed over A$3.9 million in prizemoney during her racing career.

Sold as a breeding prospect

A$ 3.2 m
Mizzy ミジー

A winner at Group Two and Group Three level with career earnings of over A$1.6 million.

Sold as a breeding prospect

A$ 2.2 m

And in Australia, which has pioneered online sales, sellers do not have to wait for the major breeding stock sales. This year three mares have been sold online for values over A$1 million.

Furthermore, there is significant interest in our mares from overseas, highlighted by the fact that a foal out of Australian mare Yankee Rose made over A$4.5 million when selling in Japan this year, while a yearling from Golden Slipper winner She Will Reign made over A$2 million in the same country.

Asian Market

The demand from Hong Kong for Australian horses that have shown reasonable ability on the track provides owners with an opportunity for a profitable sale. In the last racing season some 234 horse were exported to Hong Kong, and while most sales are privately negotiated, many would have been for seven figure valuations.


In the last racing season


Australian horses were exported to hong kong

Horse Icon

Support for racing


In Australia, racing is part of the cultural landscape of the country. Of course there’s the Melbourne Cup, ‘the race that stops a nation’, but it goes much deeper than that. How else could a country with a population of just 26 million sustain the second biggest racing industry in the world?








Racing is regarded as a major sport: the leading papers carry form guides each day, the main metropolitan races are on free-to-air television each Saturday, and there are four satellite television channels dedicated to showing every race from around the country.






Australian Racehorse Ownership

100,000+ Racehorse owners in Australia
Which is the equivalent of 馬主
In Every

This dwarfs the number of owners involved in other major racing nations. As well as ensuring our bloodstock market is not dependent on a few larger players, it also means there are big numbers of people who are not only engaged with racing, but are financially committed participants.




The economic strength of the Australian industry is dependent upon two key factors: our love of a bet and a funding model that sees a percentage of every dollar wagered returned to the industry.

Wagering on thoroughbred racing per (Adult) Capita

Per capita, Australians bet on horse racing more than any jurisdiction, with the exception of Hong Kong. And this wagering volume is continuing to grow; in the 2021 financial year it surged 58%. It is these returns that have allowed for prizemoney to increase some 82% in the last decade.




Government Support


The size of the industry – along with the fact it supports some 80,000 full time jobs across the country – means racing is promoted and supported by governments in ways that other countries can only dream of.

Racing Industry Employees 79700
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With racing administered and wagering taxes being collected at a state level, each of the six states in Australia has a minister whose portfolio specifically includes racing.




These racing ministers often vie to demonstrate their state is doing more than others to promote the thoroughbred industry.




Grace Grace Portrait
QLD Grace Grace - Racing Minister グレース・グレース競馬大臣

"Every year 62 Queensland towns host a race day as the highlight of that community’s social calendar, with enormous economic benefit."

The QLD government gives over $20 million from a wagering tax back to the industry.

$ 20 m

QLD Government Contribution To Racing

Kevin Anderson Portrait
NSW Kevin Anderson - Racing Minister ケヴィン・アンダーソン競馬大臣

"When you look at the economic benefit that racing pumps into the state economy, it’s around $1.9 billion."

The NSW government provided $67 million to upgrade country tracks in 2021.

$ 67 m

NSW Government Contribution To Racing

Martin Pakula Portrait
VIC Martin Pakula - Racing Minister マーティン・パクラ競馬大臣

"The Melbourne Cup is an incredibly important event in this state and in this city, it is enormous for our economy, it brings visitors in, it gives us international exposure."

The Victorian government provided $16 million to racing to offset losses from COVID-19.

$ 16 m

VIC Government Contribution To Racing


Each year the best bloodlines available in Australia are offered across 16 major thoroughbred sales organised and run by Inglis and Magic Millions.


Consulting with industry experts is advised. You can tap into decades of experience through the Federation of Bloodstock Agents Australia (FBAA) who can provide personalised advice and purchase on your behalf at the sales or by private negotiation.



Between the different arms that make up the Australian thoroughbred industry, you'll have assistance wherever you turn. Should you require any further information or impartial advice, the team at Aushorse are happy to help.


Contact Details

Tom Reilly Portrait
Tom Reilly トム・ライリー CEO P: +61 2 9663 8581 M: +61 (0) 423 146 334
Cecelia O'Gorman Portrait
Cecelia O'Gorman セシリア・オゴーマン Marketing Manager M: +61 (0) 411 696 036
Lucas Liang Portrait
Lucas Liang ルーカス・リヤン Asia Representative M: +61 (0) 425 056 960