The newly formed Bloodstock Industry Forum (BIF) has pledged a commitment to improve practices following a damning report on the conduct of a minority of buyers and sellers.
Justin Felice’s report, commissioned by the British Horseracing Authority, emphasised the bloodstock industry is “not a fundamentally unsafe place to do business”, but improper practices “by a small number of unscrupulous individuals have been allowed to continue without challenge in a way which adversely affects the industry as a whole”.
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