Here's why:
* Horses are owned by breeders, trainers, or racing syndicates: Horses in racing are often very valuable assets, and ownership is typically held by individuals, stables, or groups who invest in their care and training.
* Jockeys are hired professionals: Jockeys are skilled riders who are hired to ride specific horses in races. They are independent contractors who are paid a fee for each race they ride.
* Horse racing is a complex industry: The ownership and management of racehorses involve many different parties, including owners, trainers, breeders, and jockeys, who all contribute to the horse's success.
However, there are some exceptions:
* Jockeys might own a small percentage of a horse: Sometimes, jockeys might be given a small ownership stake in a horse as part of their agreement with the owner.
* Jockeys might own their own horses: While less common, some jockeys might own and race their own horses, but this is not the typical scenario.
In short, jockeys are primarily skilled riders who are hired to ride horses owned by others. They play a crucial role in the sport, but their relationship with the horses they ride is primarily professional.