3 Kentucky horse farms are difficult a rule aimed toward proscribing the choice of mares a thoroughbred stallion breeds every yr
LEXINGTON, Ky. — 3 distinguished Kentucky horse farms challenged a rule Tuesday aimed toward proscribing the choice of mares that a thoroughbred stallion breeds every yr, calling it an anti-competitive restriction that threatens to disrupt the breeding business.
The farms filed a federal lawsuit in Kentucky that takes goal on the “stallion cap” followed via The Jockey Membership within the spring of 2020. The rule of thumb successfully restricts thoroughbred stallions from breeding with greater than 140 mares every yr, the go well with mentioned.
The go well with warns of the guideline’s deep ripple results in Kentucky and past within the extremely aggressive, high-dollar thoroughbred business.
On account of the guideline, The Jockey Membership would possibly not sign up foals that don’t seem to be comprised of breeding classes with the ones first 140 broodmares, the go well with mentioned. That loss of registration ”totally devalues” a thoroughbred as it can not compete in races or breed with different racehorses, it mentioned.
“Because of this, the very best quality thoroughbred horses will probably be bred much less instances than marketplace economics would in a different way dictate,” the go well with mentioned. “Masses of tens of millions of greenbacks of stud rate revenues will probably be impacted; all house owners of mares can pay upper costs to reproduce their mares; and not more well-connected house owners of mares will probably be precluded solely from get admission to to top of the range stallions.”
The rule of thumb additionally dangers undermining the worth of thoroughbreds within the U.S. and may force the most productive stallions to international locations and not using a such breeding cap, the farms mentioned.
The go well with was once filed via 3 of Kentucky’s largest stud farms — Spendthrift Farm, Ashford Stud and 3 Chimneys Farm. Defendants are The Jockey Membership and bosses with the Kentucky Horse Racing Fee. The go well with claims the fee unlawfully delegated energy to The Jockey Membership and contends the guideline violates the state and federal constitutions in addition to antitrust regulations.
The Jockey Membership declined to remark, and the state racing fee didn’t be offering quick remark.
B. Wayne Hughes of Spendthrift Farm mentioned in a free up that the stallion cap quantities to a “blatant abuse of energy this is dangerous regulation, dangerous science and dangerous industry.”
The plaintiffs mentioned there may be “no medical foundation” to beef up The Jockey Membership’s argument that the guideline alternate was once vital for the well being of the thoroughbred breed or to advertise genetic range.
40-two stallions within the 2020 breeding season had been bred to greater than 140 mares, they mentioned. The cap manner extra call for will transfer directly to much less commercially interesting stallions, making it tougher for breeders to be winning, they mentioned.
If the guideline were implemented in 2019, the breedings of 43 stallions would had been limited and tens of tens of millions of greenbacks in stud rate revenues would had been affected, the go well with mentioned.
In 2019, public sale gross sales of thoroughbred horses within the U.S. totaled greater than $1.075 billion, the go well with says. At the breeding aspect, more or less 20,000 thoroughbred foals are born yearly in North The united states, it mentioned.