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Timeform is a sports data and content provider located in Halifax, West Yorkshire, England. Founded in 1948, it provides systematic information on form to punters and others involved in the horse racing industry. The company was purchased by the sports betting exchange Betfair in December 2006.
Betfair owns subsidiaries in the United States. The main company is FanDuel TV, which is dedicated to horse racing, broadcasting live races as well as race analysis, interviews, handicapping tips and features. It was acquired in 2009 for $50m.
In Europe, Timeform has a similar rating scale that yields a number, but with a different value. The popular rule of thumb for a rough equivalent of the Timeform score is to deduct 12-14 points to achieve the Beyer figure. For American Quarter Horse racing, the Speed index rating system is used.
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The event was established in 1961 and was originally called the Timeform Gold Cup. It was founded by Phil Bull, the creator of Timeform, and was backed by this organisation until 1964. The Observer started to support the event in 1965. The present grading system was introduced in 1971 and the Observer Gold Cup was classed at Group-1 level.
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