The Kentucky Derby’s Billion-Dollar Secret

Today’s podcast covers the massive business that takes place AFTER the Kentucky Derby — the breeding rights to the winning horses. I cover how the horse breeding process actually works, including how much Kentucky Derby champion breeding rights sell for, how much the stud farms for breeding are worth, and why some of these farms transport horses from the Northern to Southern Hemisphere to increase breeding. Enjoy! Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.