Reports claim Trump’s wide-sweeping clampdown could have disastrous consequences on huge meetings such as the Breeders’ Cup.
PAAidan O’Brien will need owners Coolmore to stump up potentially millions in advance if his top talent is to run in the US at major meetings such as the Breeders’ Cup[/caption]
Behemoths Godolphin and Coolmore mop up many of the Group 1s but Barnsley boy Mick Appleby has been among the winners in recent years with the likes of Big Evs.
Any horse sold in Ireland or France for the equivalent of around £155,000 and exported to the US will be subject to a roughly £30,000 tariff upon import to the States.
It is believed that will be approximately DOUBLE the import tariff – totalling £80,000.
Given Irish-based Coolmore and Godolphin, owned by the billionaire ruler of Dubai who employs Southampton’s Charlie Appleby as his top trainer, have tens of runners each, then they are staring at multi-million pound bills before the horses even compete.
“The fear would be that any increases in costs could see a reduction in expenditure on luxury items.
“A lot of owners rely on this trade to fund their racing and breeding interests at home.
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