News

Keeneland, Fasig-Tipton expand aftercare funding, boosting TAA support dramatically

Keeneland, Fasig-Tipton and OBS moved to make aftercare a permanent cost of doing business, with the new pledge projected to top $6.6 million a year.

Tanya Okafor··3 min read
Published
Listen to this article0:00 min
Share this article:
Keeneland, Fasig-Tipton expand aftercare funding, boosting TAA support dramatically
AI-generated illustration

Keeneland, Fasig-Tipton and Ocala Breeders’ Sales took a major step toward turning aftercare into a standing industry expense, not an occasional appeal, by expanding their support for the Thoroughbred Aftercare Alliance on April 27. Starting with the 2026 Fasig-Tipton July Sale, the three sales companies will each contribute 0.1% of gross proceeds, while buyers and consignors will also be required to add 0.1% of their own transactions at every sale.

The scale is what makes the move hard to ignore. Based on 2025 sales figures, the sales-company piece alone is expected to bring in more than $4.4 million a year for accredited aftercare. The stallion-farm program adds another layer of money and pressure, with farms that stand stallions covering more than 50 mares annually contributing 50% of the advertised stud fee and those with 50 or fewer mares contributing 25%. That structure is projected to generate about $2.2 million annually.

Data visualization chart
Data Visualisation

Together with recent commitments from The Jockey Club and Breeders’ Cup Ltd., the broader industry effort is projected to approach $10 million annually for aftercare programs. For an industry that has spent years talking about social license, that is the important detail: the new pledge is no longer framed as a one-off charity drive. It is becoming part of the commercial machinery of the sport, built into the transactions that drive the breeding and sales calendar.

Shannon Arvin, president and CEO of Keeneland, has presented the shift as evidence that aftercare is a shared responsibility. The numbers back up the argument in a way slogans never could. Since its founding in 2012, the Thoroughbred Aftercare Alliance says it has granted more than $40.74 million to accredited organizations, helping retrain, rehome or retire about 20,000 Thoroughbreds. The group currently accredits 86 organizations with about 175 facilities, and its standards have been reviewed and approved by the American Humane Association and the American Association of Equine Practitioners.

The sales-company move also builds on a previous funding change. In February 2020, Keeneland and Fasig-Tipton revised TAA procedures so sellers and owners were charged 0.05% of the sales price beginning with the yearling sales, the companies kept their own 0.05% gross contribution, and buyer participation stayed voluntary. The new plan makes the buyer and consignor side mandatory and doubles the sales-company rate. On the breeding side, the program also draws on a 2015 pledge from 20 commercial farms, including Adena Springs, Airdrie Stud, Claiborne, Darby Dan, Darley America, Gainesway Farm, Hill ‘n’ Dale, Lane’s End, Ocala Stud, Ramsey Farm, Sequel Stallions, Shadwell Farm, Taylor Made Stallions, Three Chimneys Farm, Walmac Farm and WinStar.

Advocates have pushed for this kind of shift for years, including owner-breeder Michael Repole, whom Daily Racing Form identified as one of the voices pressing sales companies and the breeding industry to do more. The latest pledge suggests the response is finally getting measurable, with Keeneland, Fasig-Tipton, OBS and major stallion farms putting real money behind the promise that retired racehorses will not be left to carry the sport’s burden alone.

Know something we missed? Have a correction or additional information?

Submit a Tip

Never miss a story.

Get Horse Racing updates weekly. The top stories delivered to your inbox.

Free forever · Unsubscribe anytime

Discussion

More Horse Racing News