100% agree
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100% correct Rick
Winners to starters % would be improving in recent times due to the shortage of horses and the increased amount of races. There are less foals bred every year so a smaller pool of horses yet we are having many more races ran . It would also be improving the winners to foals %.
The old stallions 15 years ago had many more horses to race against and many less races being ran . That is one of the main reasons modern day sires have very good %s compared to >15 years ago.