Horseracing is a competitive sport where horses are ridden by jockeys and race against each other on a track. The races can vary in distance and type, including flat racing, where horses run on a level surface, and jump racing, where they navigate obstacles. This sport has a long history and is popular worldwide, often attracting large crowds and significant betting. The horses used in these races are typically bred for speed and agility, and they undergo extensive training to prepare for competition. Major events, such as the Kentucky Derby and the Grand National, are celebrated for their rich traditions and high stakes, drawing attention from fans and media alike.