A new world jockey series that aimed to engage fans and elevate horse racing globally has been shelved, much to the dismay of elite jockeys such as Ryan Moore, James McDonald, and the recently retired Frankie Dettori. The series promised a significant prize fund of £11 million, with the leading jockey set to earn £5 million based on performance. The initiative was designed not only as a competitive platform but also as a business venture allowing jockeys to secure sponsorships and stake ownership in the series.

Originally, the series was intended to launch this year and was supported by twelve of the sport's top jockeys who hoped it would foster new interest in horse racing through global events. This disappointment among jockeys reflects broader implications for the sport, highlighting the challenges of maintaining financial viability in the current sporting landscape. The cancellation is particularly poignant as it follows the leadership of ex-Godolphin CEO John Ferguson, who had initiatives for transforming horse racing's appeal.

The shelving of the series raises questions about the future of horse racing and its ability to attract new audiences amid increasing competition from other sports and entertainment options. For the jockeys involved and for the racing community, the potential of the series to innovate and elevate the sport has been a significant loss, leaving fans and stakeholders alike pondering what next steps can be taken to invigorate the racing scene.