![]() ![]() Notable examples include the 2005 Epsom Derby winner Motivator, owned by the Royal Ascot Racing Club, 2003 Kentucky Derby winner Funny Cide, owned by a group of 10 partners organized as Sackatoga Stable, and 2008 Kentucky Derby winner Big Brown, owned by IEAH stables, a horse racing hedgefund organization. It has become increasingly common in the last few decades for horses to be owned by syndicates or partnerships. ![]() Traditionally, racehorses have been owned by wealthy individuals. Jump racing can be further divided into hurdling and steeplechasing. There are two forms of the sport – flat racing and jump racing, the latter known as National Hunt racing in the UK and steeplechasing in the US. It is governed by different national bodies. Thoroughbred racing is a sport and industry involving the racing of Thoroughbred horses. The start of the 2014 Preakness Stakes, an American Thoroughbred horse race
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