Thousands of racegoers are flocking to Australia's major thoroughbred horse race. The Asia Squawk Box team discusses how much money is at stake.» Read More
It doesn’t look like there will be any great deal to be had on the breeding rights of Super Saver. In fact, if the horse wins the Triple Crown, its owners could be as isolated as one could be against the economic downturn that has not surprisingly hurt the horse racing industry.
As discretionary income has diminished the horse racing industry has gotten clobbered. Sales are still down 40 to 50 percent and the stallion market, which ultimately drives the value of a Triple Crown horse, has been badly affected.
In the hours after tomorrow's Kentucky Derby, America will learn of the winner's owners and get a glimpse into the finances of it all — how much was paid for the horse and how much the owners made.