The Nomination Is In: The Gamely Grade 1 at Santa Anita

 

Rashmi- Benoit Photo

Welcome Friends to The Turk Blog, now in our 19th season of Horse Racing Handicapping, where we have (almost) exclusively handicapped Turf Racing for (mostly) Four year old's and Up over (generally) Routes of Grass up to the Classic Distance.  How is that for a niche blog POV writing about a niche sport in decline?  I'd like to thank the good people at The Thorofan for allowing me the opportunity to share my thoughts with you today.

19 Seasons of Blogging.  I'm not sure if that is an accomplishment or a sad indictment on my life's choices.  I thought Horse Racing was in decline culturally in 2007, and in hindsight the loss of racetracks and the drop in handle should have made it obvious what was coming.  

The statistics are sobering.  There are years when I wonder why I do what I do, but the fact is, I love the animals.  The people, some I like, most I don't, but these equine athletes are who I am loyal to and who I love.   They were bred to run, and while I mourn the race track deaths, without racing, these animals wouldn't be bred at all.  

Where are we now? Total handle on US Thoroughbred racing in 2025 was $11 billion — a sobering number when you put it next to when I started in 2007. 

Here's the big picture:

• 2003 peak: $15.2 billion
• 2007: $14.7 billion
• 2025: $11.0 billion

When factoring in inflation, betting handle has fallen about 57% over the last 22 years. 2025 marked the sixth time in the last seven years that handle has fallen. 

The number of US races fell below 30,000 for the first time since the mid-1950s.

There are many reasons for this, with Computer Assisted Wagering near the top of my list as a player, plus shortsighted and foolish human leadership.  

The one bright spot: bettors wagered more per race than any year in history besides the Covid year of 2020 — so the people still playing are betting more, there are just far fewer of them.

To me, the bigger issue is the loss of racetracks.  While we still have most of the major tracks, they are supported by smaller tracks all over the country, and those are disappearing.  No fewer than 49 racetracks have closed since 2000, and at least a dozen of those closures have come since Covid in 2020 alone. I never thought in my lifetime we'd see Aqueduct, Arlington Park, Hialeah, Hollywood Park and Golden Gate Fields all gone, and that's just to name a few.  

Arlington Park in Illinois after 94 years, Golden Gate Fields in California after 83 years, and Freehold Raceway in New Jersey after 171 years. On the West Coast, Hollywood Park closed in 2013 after 75 years and Bay Meadows closed in 2008 after 74 years.

Since 2000, 41 racetracks permanently closed, with 26 of those within the last 10 years. In contrast, only 2 new racetracks with casinos opened. 

The blunt bottom line: the industry has lost roughly one track every five months for 25 years straight, with almost nothing opening to replace them. Kentucky is essentially the last island of health in the sport, propped up by casino and Historical Horse Racing money, while the rest of the country contracts. 

Combined with the handle data — $15.2 billion in 2003 down to $11 billion in 2025 — it paints a picture of an industry that has lost nearly half its infrastructure and about 30% of its wagering base in a single generation.

When I was growing up in the late 1970's and early 1980's, Formula One, Horse Racing and Heavy Weight Boxing were my favorite sports.  I read the sports page of the newspaper and I was a Sports Illustrated subscription holder and I watched ABC Wide World of Sports.  All three of those sports were headed for the dustbin of irrelevancy, but Formula One figured it out and it's booming, while Boxing is a shell of itself and horse racing infighting and lack of real leadership is killing the sport before our eyes.  

F1 Values (USD)

But I digress, you came to maybe read about 3 year old and up Fillies and Mares in the Grade 1 Comely and I'm writing the obituary of horse racing.  It may die, but not today! Lets get after it. 

Early to Late TIMEFORM PACE

The chart above is a Left to Right visualization of the early speed to the closing speed. Thought Process is the most consistent Early Speed, Rashmi with a small sample size is fastest flat runner while Take a Breath and Hang the Moon are Deep closers.  

The chart above counts the number of 20-26 and 2025 races only.  The Standard Deviation is a way of implied consistent efforts.  In a small sample size Rashmi has three Beyer Speed Figures of very similar outcomes, raced respectively at 1 Mile on Firm Turf at Santa Anita.  She own 2 of the 4 90+ Beyer Speed Figs recorded since 2025 by this group.  

It's getting harder as the years go on to find video on all the races.  Apologies, Fan Duel mostly uploads Top of the Stretch to the Wire video, but that said, I found the last race for every runner in the field which is unusual.  

25 April 2026: Santa Anita: The Royal Heroine G3; 1 Mile  Firm Turf; Take a Breath (Win), May Day Ready (Place 1/2 back)

12 April 2026: Keeneland: Allowance N1X $97K; 1 1/8 Miles Firm Turf; Vronti (GB) (Win by 1/2 length)

28 March 2026; Gulfstream Park: Sand Springs Lane $150K; 1 1/16 Firm Turf ; Hang the Moon (Place-neck)

28 March 2026; Santa Anita: The Wilshire G3; 1 Mile on Firm Turf; Rashmi (Win by 2 3/4)

15 March 2026 Santa Anita:  Santa Ana Stakes G3; 1 1/4 Miles Firm Turf.  Take A Breath(W), Public Assembly (1st to 4th last furlong)

28 February 2026: Santa Anita: The Buena Vista G2; 1 Mile  Firm Turf; Thought Process (Win by 2)

Is that enough information for you?  It's too much for one race, but I like to practice like I play.   I handicap a lot of races that I don't play, I handicap the same way, with consistent data analysis, and when I do play, my ROI on Turf, at Distance, with older runners, is consistently good.  Could I make a living doing this?  No.  Can I have fun when I do occasionally bet money, absolutely!

I'll come back and update the chart at my blog when they publish the Morning Lines.  I don't use Morning Lines for handicapping but I like them for reference against my fair odds.  

I suspect Thought Process will be the betting public pick.  I'm not sure he shouldn't be, but I'm looking at value and I'll be leaving him out of the exacta at my own peril, at best adding him to Place.  Rashmi, the next great Augustin Stable winner for owner and Buffalo Sabres Hall of Fame member George Strawbridge Jr, is my pick.  

It's early, lots of Turf racing to go in 2026, and for me, now is about figuring out who's a contender and who's a pretender. The time for wagering comes when I've seen a few races from each of these horses to know what we have on our hands.

Have fun friends, Turk Out.