Tasracing Pty Ltd’s Post

The Tasracing-commissioned Size and Scope of the Tasmanian Racing Industry Report 2021/22 reveals that the racing industry boosts Tasmania's economy by $208M annually and supports over 6,400 jobs, showcasing its role in community and regional development, engagement, and sustainability. A key pillar of Tasmania's social and economic fabric. Read the full report below 👇 #itswhywerace

The Size and Scope of the Tasmanian Racing Industry Report (2021/22) reflects the profound influence of the Tasmanian racing industry has on the Tasmanian economy and community. This report highlights the industry's vital role and its future potential. For a comprehensive understanding of the impact and opportunities, read the full report here: https://bit.ly/3vECxNS #itswhywerace

Fast Track Facts ⏩ The Economic Impact of Horse Racing Horse racing contributes $122 billion annually to the U.S. economy and supports over 1.3 million jobs. It drives local economies through tourism, hospitality, and wagering, with events like the Kentucky Derby generating significant visitor spending. The breeding and sales sector plays a key role, with Thoroughbred auctions like the 2024 Keeneland September Sale grossing over $450 million. The industry also supports international trade, with U.S.-bred horses sold to buyers worldwide. Horse racing remains a significant contributor to the U.S. economy through jobs, trade, and local revenue. 📸- Annise Montplaisir

In 2021/22, the Tasmanian training industry invested over $51 million in preparing racing horses and greyhounds for racing. Impressively, 89% of this financial injection flowed directly into regional Tasmania. This financial commitment from owners and trainers not only underpins racing's competitive spirit but also highlights the industry's vital role in stimulating local economies and supporting communities across the state. Find out more about how racing contributes to the Tasmania economy via the Size and Scope of the Tasmanian Racing Industry Report (2021/22) here: https://bit.ly/3vECxNS #itswhywerace

Interesting article on the state of racing in South Australia.

·     Racing is more than just a sport in Tasmania; it's an industry key to social cohesion and community well-being. ·     Beyond the thrill of the race, racing tracks and clubs serve as community hubs, celebrating local heroes and fostering a sense of pride. These historic venues are more than just sports facilities; they're invaluable community assets that contribute to the region's social fabric and heritage. ·     With activities ranging from fundraising events to offering club facilities to local groups, the industry supports almost 60 community organisations. ·     For every dollar spent on-course by racing attendees, a further dollar is spent off-course on activities including travel, fashion and retail. ·     The Tasmanian racing industry directly spent nearly $190 million in the state in 2021/22, almost half of which was generated in regional parts of Tasmania showcasing its role in driving local economies. ·     The Tasmanian racing industry is a vibrant ecosystem where participation extends beyond employment, blending business with hobby, where passion and dedication drive engagement. For many, racing is not just a passion but a livelihood, offering employment opportunities that leverage their unique skills in ways few other sectors can. ·     Racing has been part of Tasmanian life for well over 150 years. We’re proud of our racing history, and what racing means for our future. #itswhywerace

Did you know that Queensland's racing industry contributes a staggering $2.4 billion to the economy annually? This vibrant sector not only fuels economic growth but also supports over 13,000 jobs, playing a pivotal role in local communities. Explore the detailed economic report and discover how Queensland racing is shaping the future. 📈🏇 👉 Read more in our latest article: https://lnkd.in/gJg5hZZJ #RacingQueensland #EconomicImpact #HorseRacing #TheStraight #QueenslandEconomy Racing Queensland

We just published a new article: Converting a Racing Sailboat to a Fast Cruiser—Performance and Rig A racing boat, as long as she is not too extreme, can make a great cruising boat, but there are many things to learn before buying and to change after. https://lnkd.in/e43SCbHP

There's a toxic industry most of the world has stopped but still persists in Australia - 🤦♀️ Australia is now one of just 6 countries in the world with operational greyhound racing tracks 💸 Australian state governments continue to give vast sums of our taxpayer money to the greyhound racing industry e.g., the Queensland Government has pledged $51.7 MILLION out of a total $85 MILLION spend to deliver a controversial new greyhound racing track 🤦♀️ Even industry describes this track development as turning the clock back - "A return to 10-dog racing would evoke memories of back to the 1960s" https://lnkd.in/gXgV4Rs4 But it's not 1964, it's 2024 so let's #StopGreyhoundRacing in Australia Queensland has a state election this week so it's up to voters to decide - are you happy for millions to be spent propping up a cruel outdated industry to drive problem gambling? #animals #animalwelfare #animalcruelty #dogs #Queensland #QLDelection

Far from the novelty they once were, European racehorses are being imported to Australia at a rate unprecedented in modern times. But is their presence a net negative or a net positive to the local industry? In 2015/16, there were 237 horses sent to Australia from Great Britain, Ireland or continental Europe. In the most recent Racing Australia figures from 2022/23, this jumped to 736, by far the highest since records of this nature were kept. Anecdotal information indicates that the flood of imports has continued over the past six months. While they add much depth to local middle distance and staying ranks, some breeders and vendors believes that market is taking the air out of the Australian yearling market. Full story: https://lnkd.in/gUh8CdGT