New Zealand Thoroughbred Racing is a prominent horse racing industry in New Zealand, known for producing high-quality racehorses. The country has a rich history in breeding and racing, with events held at various tracks across the nation. The New Zealand Derby and New Zealand Oaks are among the most prestigious races, attracting both local and international competitors. The industry is governed by New Zealand Thoroughbred Racing Inc., which oversees the rules and regulations of the sport. The breeding of thoroughbreds in New Zealand is highly regarded, with many horses achieving success in global racing events, contributing to the country's reputation in the equine world.