Retraining of thoroughbred racehorses has become a topic of increasing importance in the racing industry all over the world. Many retired racehorses have very successful second careers, competing at the highest level in equestrian disciplines such as eventing and polo, or find homes in pony club, polo, and as pleasure horses. Others go on to become broodmares or stallions.
Racing NSW in Australia recently set an example for other racing jurisdictions when deciding that A$2 million per year will be set aside to ensure that all thoroughbred horses domiciled in New South Wales are appropriately cared for outside of their racing careers. They have also purchased a 2,600 acre property to be used for the rehabilitation, retraining, and rehoming of horses after their racing careers.