Thursday, May 14, 2026

Derby Deaths Expose Ugly Side of $400B Horse Racing Industry

  • The deaths of seven horses leading up to the Kentucky Derby has raised questions around the entire horse racing industry.
  • One trainer was suspended by Churchill Downs after two of his horses died.
A horse is washed on the track after a race on Derby Day on Saturday, May 6, 2023, at Churchill Downs in Louisville, Kentucky.
The Courier-Journal

In the wake of the Kentucky Derby, questions are swirling regarding the racing industry’s treatment of horses.

Seven horses died in the leadup to the Derby, while five others were sidelined due to veterinarian concerns. A fifth was disqualified after Derby owner Churchill Downs suspended trainer Saffie Joseph Jr. indefinitely due to the “unexplained sudden deaths” of two of his horses. 

“While each incident reported has been unique, it is important to note that there has been no discernible pattern detected in the injuries sustained,” Churchill Downs said in a statement. “Our track surfaces are closely monitored by industry experts to ensure their integrity.”

There have been few answers as to who to blame for the spate of deaths and injuries. 

The sport has faced issues around doping in recent years — most notably through the ban of trainer Bob Baffert, whose horses have won a record six Kentucky Derbies, seven Preakness Stakes, three Belmont Stakes, and three Kentucky Oaks.

Kentucky Derby ratings were down.

NBC’s Kentucky Derby Ratings Dip Below Last Year’s Mark

Most watched sporting event on TV since February’s Super Bowl.
May 8, 2023

The race, however, remains as popular as ever. Churchill Downs announced a crowd of 150,335 and a record betting handle of $288.7 million — though total racing handle slipped from $15 billion in 2002 to $12 billion last year. 

The number of registered thoroughbred foals has fallen by nearly half in that time, while the number of registered stallions has dropped to around a quarter of what it was 20 years ago.

However, the global horse racing market was estimated to be worth $402.3 billion, with projections to reach $793.9 billion by 2030.

This field is for validation purposes and should be left unchanged.

Sign up for
The Memo Newsletter

Get the biggest stories and best analysis on the business of sports delivered to your inbox twice every weekday and twice on weekends.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Tottenham Hotspur

Tottenham Hotspur Is Facing a Billion-Dollar Disaster

A seemingly improbable drop to England’s second tier is a tangible possibility.
May 2, 2026; Boston, Massachusetts, USA; Philadelphia 76ers guard Tyrese Maxey (0) drives past Boston Celtics guard Jaylen Brown (7) during the first quarter of game seven of the first round of the 2026 NBA Playoffs at TD Garden.

First Round of NBA Playoffs Reaches 33-Year Viewership High

Game 7 of the 76ers-Celtics series averaged 11 million viewers.

Kentucky Derby Breaks Viewership Record with 19.6M

The Kentucky Derby is one of the most-watched U.S. sports events.

Panthers Owner Viola Wins Second Kentucky Derby

Golden Tempo’s rally to victory marks the second Derby win for Viola.

Featured Today

Bart Swings/Falyn Fonoimoana/Avery Poppinga

OnlyFans Is Paying Pro Athletes What Their Sports Won’t

The adult-content platform is a reliable income source for niche athletes.
May 13, 2026

How Sports Graphic Designers Are Grappling With the Rise of AI Art

The release of ChatGPT 2.0 Images sparked a conversation among sports designers.
May 12, 2026

Collectible Cups Are Sending Sports Fans Into a Frenzy

The drink is secondary to the wild vessel it comes in.
Matt Palumb
May 8, 2026

Pro Lacrosse’s Top Ref Is As Famous As the Players

The last celebrity referee is in the Premier Lacrosse League.
PGA Championship

Food Is Free at PGA Championship, but a Beer Starts at $15

The Championship+ all-inclusive ticket program debuted in 2021.
May 11, 2026; Newtown Square, Pennsylvania, Mark Geddes plays a shot the eighteenth hole during a practice round of the PGA Championship golf tournament at Aronimink Golf Club.
May 13, 2026

The PGA Championship’s Prize-Money Balancing Act

Last year’s prize money was $19 million, up $500,000 from 2024.
opinion
May 13, 2026

NFL Should Release Audio on Crucial Replay Decisions

The ACC let viewers in the replay booth last fall.
Sponsored

What Is It Like to Run the Knicks?

Dave Checketts on his time running the Knicks & Jazz, Jordan war stories, and his investment strategy across major sports leagues.
May 13, 2026

WNBA Teams Use Hardship Contracts Despite Expanded Rosters

WNBA teams have two developmental contract spots this year.
May 12, 2026

PWHL Adds 3 Teams Amid Expansion Spree

The three next teams will bring the league up to 11 franchises.
May 10, 2026; Washington, District of Columbia, USA; New York Liberty forward Breanna Stewart (30) argues a call with referee Toni Patillo (76) during a stoppage in play against the Washington Mystics in the second half at CareFirst Arena. Mandatory Credit: Geoff Burke-Imagn Images
May 12, 2026

WNBA’s Officiating Changes Already Drawing Complaints

There has been a clear increase in foul calls in the WNBA.
May 12, 2026

Rory McIlroy: I Knew About LIV Funding Trouble Before Players Did

LIV is losing its funding from the Saudi PIF.