Oireachtas Joint and Select Committees

Wednesday, 15 June 2022

Joint Oireachtas Committee on Agriculture, Food and the Marine

Strategic Priorities for Horse Racing Ireland: Discussion

Photo of Paul DalyPaul Daly (Fianna Fail) | Oireachtas source

Perfect. There is another point, and I do not want to be negative about what is a positive, but will Horse Racing Ireland thread out a little bit more about the support for breeders and the IRE incentive? Again, going back to the small breeders, if one wins the €10,000 voucher it is used at the sale and that money will filter down to the breeder. If a bred horse has won a race, the value of the horse goes up and the prize money goes up, and the winner gets the €10,000. If a person is a less successful breeder, which I am very familiar with, and finishes fourth in the same race, it has cost the breeder as much to get there but he or she is getting none of the above. The breeder is out of the prize money, does not have the €10,000 and the horse has not increased that much in value. If that is the quality of horse one is breeding, and if that is the sort of luck one is in, then it is probably not going be the horse that the fella with the €10,000 voucher is going to buy at the sale. Has HRI looked at any way it could be spread out a little bit more to get down to the smaller breeder who would use - for want of a better word - the lesser quality stallion, who may not be winning the races or winning the vouchers, and who may not have a horse that will catch they eye of the person with the voucher in the sales? It is still costing them as much to get to the sale or to the racetrack, as it does the successful one. This is a long-winded way of explaining it but can HRI spread the butter a bit thinner across the sector?

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