True if one is only breeding the odd foal each year. 10 foals, $5,000 not a lot in the grand scheme of things in some ways. But considering the majority of horses bred each years have a tough time getting productions cost back it adds up pretty quickly year in and year out for us “little” guys. The back bone of the industry.
Again in IMO and may others the BC has done little to nothing to “promote” racing, bring new owners into the game. I had a number of in depth conversions with the father of the BC, John Gaines about this over the years. Mr. Gaines resigned from the BC Board not long after its conception because of a difference of opinion of its future growth and how it would best serve the “greater good”.