Horse racing is an exciting form of entertainment in which thoroughbred horses race around an enclosed track. Winners receive a percentage of all bets placed on them after deductions by the track; although many view horse racing as gambling, it is regulated by federal government regulation and should not be treated as such. Horseracing has a rich tradition and remains popular around the world, being included as part of Olympic events and serving a significant purpose in mythology and legend. Horse racing may also refer to an internal contest among senior executives for CEO position; thus its name. Horse races can help a company move forward after selecting its new leader if handled in an effective way, but mismanagement of competitions may cause disruptions that delay progress toward goals.

Soon after sunrise, horses are led out of their stalls for routine jogs or gallops to build fitness and build conditioning. Joggers may then be asked to perform work or breeze exercises that involve faster speeds over longer distances; these workouts are timed and provide an indication of each horse’s readiness for races.

One of the most grueling races in horse racing, the Grand National is an intense, 4.5-mile marathon in which horses jump over high fences that put undue strain on their front legs, leading to injuries being commonplace and creating an increased risk factor due to illegal drug usage as well as legal corticosteroid medications, which mask pain while permitting at-risk horses to continue running until collapse occurs.

Horse racing in America is a multibillion dollar industry and integral component of American culture. But its social acceptability has come under threat recently as ambulances rumble onto tracks, emergency workers install privacy screens around them and vets euthanize dead animals – issues which may eventually force horse racing away from its core audiences – animal lovers unwilling to see animals die as well as gamblers with many options available for wagering their dollars elsewhere.