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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.
Jim McGrath (born 22 May 1955 [1]) is an English horse racing pundit and broadcaster. He was associated with Timeform from 1974 until 2009. His nickname is "The Sage of Halifax". [2] He is well known for his onscreen relationship with John Francome on Channel 4 Racing.
Timeform is now owned by online betting exchange Betfair. Today, Timeform ratings are unofficially used to determine the best horses of all time. As of the end of the 2012 flat racing season, the top-rated all-time Timeform horses are Frankel on the flat, Night Nurse over hurdles and Arkle over chase fences. [10]
In Betting Thoroughbreds, Steve Davidowitz claimed that (in 1974), "the top-figure horse wins 35 percent of the time, at a slight loss for every $2.00 wagered." This is an example of using the top figure as a "power rating," or singular measure of a horse's ability. In horse racing, power ratings are generally called class ratings.
The ratings for the horses also help establish two other awards: the aforementioned Longines World's Best Horse Race and the Longines World's Best Jockey. The Longines World's Best Horse Race award recognizes the best-rated race of the highest-rated Group 1 international races as established by a panel of international handicappers.
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.
The term past posting originates from horse racing where a bugler sounds a "call to the post" just before the race begins ("post time"). This is also the signal that no more bets can be taken. This is also the signal that no more bets can be taken.
Fox Sports returned to horse racing in 2014 with a two-year agreement with The Jockey Club for up to 10 races on Fox Sports 1 and Fox Deportes. [6] In 2016, Fox Sports reached an agreement with the New York Racing Association (NYRA) for coverage of 40 summer races from Saratoga Race Course on Fox Sports 2. The races were branded as Saratoga Live.