On March 5, 2003, leading researchers from the United Kingdom gathered at Ascot Racecourse to present practical aspects of their research findings to the British Thoroughbred industry. Arranged by the Veterinary Advisory Committee of the Horserace Betting Levy Board (HBLB) and sponsored by Ascot Racecourse, Transforming Racehorse Health in the 21st Century was the most recent in a series of such conferences, which have been held every five years since 1962.

A portion of all betting revenues in the United Kingdom are earmarked for research. In 2003, that percentage totals 1.7 million pounds (about $2.7 million)

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