My query would be, where have the horses gone over about a C4 mark. The noms drastically drop away in the country for races over C4, and "fast class" events are hardly even programmed outside of TP now except for Cup and claiming races.

I am told the drop back rule has created a glut of C1 horses but really, how many horses in a bottom up C1 have ever been a C5 in their career?

You race for much the same money in a C5 as you do a C0 - only in harness does this issue exist.

Even if I invested in shares in a company or had a term deposit, under normal circumstances you would expect your investment to earn an increased rate of return the longer you hold onto it