Perverse Incentives That Just Don’t Work – Why the APG Needs to Ditch Vendor Bonuses
The APG 2YO finals are worth $500 000 each, but it doesn’t all go to the owners. For reasons totally beyond my understanding, $100 000 of the half million goes in $10 000 lots to the breeders of the horses that start in the races . Now in my view this is just plain stupid, […]