Tuesday, April 28, 2026
FOS Expands to TV More Details

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

2026 Kentucky Derby hopeful Litmus Test, ridden by Martin Garcia, works during morning training at Churchill Downs in Louisville, Kentucky. The Bob Baffert-trained horse is currently at No. 21 on the Kentucky Derby leaderboard. April 23, 2026

Churchill Downs Purchase of Preakness IP Is ‘Starting Point’

“I can’t imagine they bought this only for the fees in the long run.”
Jan 11, 2026; Philadelphia, PA, USA; Philadelphia Eagles running back Saquon Barkley (26) carries the ball defended by San Francisco 49ers linebacker Garret Wallow (49) and defensive end Keion White (56) during the third quarter in an NFC Wild Card Round game at Lincoln Financial Field.

​​FanDuel Parent Pins Betting Slowdown on Lackluster NFL Season

Flutter Entertainment eyes World Cup as key growth driver.

Welcome to the Prediction-Market Super Bowl

Hundreds of millions of dollars are being traded across many platforms.
Nov 4, 2023; Santa Anita, CA, USA; Auguste Rodin (5), with jockey Ryan Moore up, wins the BREEDERS CUP TURF during the 2023 Breeders Cup World Championships at Santa Anita Park.

Santa Anita Track, California in Legal War Over Betting Machines

The California DOJ seized gambling machines from Santa Anita.

Featured Today

INDIANAPOLIS, INDIANA - MARCH 25: Caitlin Clark of the Indiana Fever sits on the baseline and makes photographs during the Indiana Pacers game against the Los Angeles Lakers at Gainbridge Fieldhouse on March 25, 2026 in Indianapolis, Indiana.

Why Athletes Are Moonlighting As Sports Photographers

Athletes are swapping courtside seats for sideline cameras.
Quinnipiac women's varsity rugby
April 21, 2026

The Death of Quinnipiac Women’s Varsity Rugby

The sudden decision at Ilona Maher’s alma mater left players blindsided.
April 17, 2026

The Lawyer Steering the NIL Era

In the new era of college sports, Darren Heitner is everywhere.
blake griffin
April 14, 2026

Inside Blake Griffin’s Rookie Season at Prime Video

The six-time All-Star was initially hesitant to enter the media space.

LIV Golf’s New Orleans Debut Set to Be Canceled After Funding Questions

The league was set to debut in New Orleans this summer.
Aug 19, 2025; Brooklyn, New York, USA; New York Liberty guard Natasha Cloud (9) at Barclays Center. Mandatory Credit: Wendell Cruz-Imagn Images
April 27, 2026

Natasha Cloud Remains Unsigned, Says Silence Was ‘Intentional’

The former WNBA assists leader spent last season with the Liberty.
PWHL
April 27, 2026

PWHL Eyes Mainstream Breakthrough As Playoffs Begin

The start of the PWHL Playoffs brings no shortage of storylines.
Sponsored

Why Brandon Marshall Bet on Athlete-Owned Media

Brandon Marshall on athlete media, life after football, building I AM ATHLETE.
April 27, 2026

Nelly Korda Reclaims No. 1 Ranking, Giving LPGA a Much-Needed Lift 

Korda won her third career major at the Chevron Championship.
April 27, 2026

NFL Schedule Release Expected Mid-May, With More Changes

After a record-setting draft, the league’s focus turns to the schedule release.
R&A
April 27, 2026

Trump Turnberry Won’t Host Open Championship Until at Least 2029

R&A’s CEO Mark Darbon said the Scottish course is “still in our thinking.”
April 26, 2026

Heisman Finalist Diego Pavia Goes Undrafted—but Gets Tryout

The former Vanderbilt quarterback remains a free agent.