Once sold, the yearling becomes the property of the owner or syndicate whose motivation is to see a profit. In reality, less than two percent actually do see a return.
In preparation for their first race, the yearling will commence a training regime which will place enormous stresses on their immature skeletal frame and make them prone to early breakdown. This causes many lower limb ailments and injuries including fractures, pulled ligaments and strained tendons.
Once a racehorse does begin to return a profit, they are deemed a worthy prospect by the owners. An unofficial, but widely accepted view within the industry is that only three hundred out of every thousand registered horses will actually run a single race.
What happens to the others? Though not formally recorded, it is well known within the industry that the majority of under performing horses are sent to the ‘doggers’. At the knackery, these horses are killed and turned into dog food.