Monday, July 13, 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

Lawmakers Want Private Equity Out of Youth Sports

Several Democrats have proposed legislation to get PE out of youth sports.
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.
podcast thumbnail mobile
Front Office Sports Today

7/13/26 – Seahawks Sell for $9.6B, FIFA Looks to Expand WC to 64 Teams, McGregor’s 69-Second Return, Sinner Wins Wimbledon

0:00

Featured Today

What the World Cup Means to Erling Haaland’s Tiny Hometown

The tournament’s breakout star is from a rural Norwegian town.
July 10, 2026

Why So Many Media Outlets Are Rushing Into Sports

Sports coverage has ballooned in every corner of media.
Pillow Fight Championship
July 8, 2026

How Obscure Sports Get Mainstream TV Deals

For niche sports, getting on TV often matters more than getting paid.
ATLANTA, GA - September 05: Georgia Lottery fireworks after the game against the Seattle Mariners at Truist Park on Friday, September 5, 2025 in Atlanta, Georgia.
July 2, 2026

Inside the Spectacle and Science of MLB Fireworks

Postgame fireworks are lighting up baseball for America250.
Kansas City Chiefs
July 1, 2026

NFL Teams Push to Turn Futbol Fans Into Football Devotees

NFL teams are courting international soccer fans during their World Cup visits.

MLB All-Star Break: League Growth Shines, Labor Fight Looms

Rising labor tensions are clouding the league’s significant gains elsewhere.
Jul 12, 2026; Los Angeles, California, USA; Los Angeles Dodgers two-way player Shohei Ohtani (17) receives his All-Star game jerseys before the game against the Arizona Diamondbacks at Dodger Stadium.
July 13, 2026

MLB All-Star Game Missing Big-Name Pitchers

The two favorites for the Cy Young Award will not play.
Golf - The 154th Open Championship - Royal Birkdale Golf Club, Southport, Britain - July 13, 2026 General view of fans taking photographs with their mobile phones during practice REUTERS/Andrew Boyers
July 13, 2026

The Open Cracking Down on Golf’s Growing Fan Behavior Issues

Royal Birkdale Golf Club has implemented a new fan code of conduct.
Sponsored

Europe Hits Highs and Lows in Thrilling World Cup

Europe has dominated the 2026 FIFA World Cup, but shocking upsets have reshaped the tournament. See the key trends, odds, and semifinal storylines.
Jul 13, 2026; Southport, England; Joe Dean poses with an eighteenth hole flag alongside the Claret Jug as he wins the Last Qualifier for The Open Championship golf tournament at Royal Birkdale. Mandatory Credit: Bill Streicher-Imagn Images
July 13, 2026

Underdog Englishman Wins Debut Last-Chance Qualifier at The Open

Joe Dean is the No. 268-ranked golfer in the world.
July 12, 2026

Golf’s Final Major of 2026 Arrives Amid LIV–PGA Tour Questions

The pro golf landscape may look very different in 2027.
July 12, 2026

MLB Home Run Derby Could Net Young Stars Big Payday

Half of the contest field could more than double their 2026 salaries.
Jul 10, 2021; Las Vegas, Nevada, USA; Conor McGregor fights Dustin Poirier during UFC 264 at T-Mobile Arena. Mandatory Credit: Gary A. Vasquez-USA TODAY Sports
July 10, 2026

UFC Eyes Record-Setting Weekend with McGregor’s Return

Dana White said UFC 329 will be the highest gate in UFC history.