South Korea

Korea Racing Authority (KRA)

Korea Racing Authority(KRA) is the sole racing authority in Korea by KRA Law, and is under the supervision of the Ministry for Food, Agriculture, Forestry and Fisheries. KRA aims to contribute to the national finances through horse racing, and to promote support projects for fishing and agrarian villages as well as various social activities, with its earnings. Recently, KRA initiated its support of equestrian events as part of its efforts to expand the businesses in Korean horse industry, which had been focused on horse racing.

In 1993, there were 245 mares in Korea, but to date, that number has grown to 2,500. Korean-breds broodmares account for 57% and the rest are foreign-bred broodmares. Around 1,600 broodmares are horses retired from racing in Korea. Since 2000, 50-200 broodmares have been imported every year from the USA, Australia, Japan, New Zealand, etc.