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Timeform

Timeform is a sports data and content provider specializing in , renowned for its objective ratings system that assesses a horse's merit based on performance adjusted for race weights. Founded in 1948 by Phil Bull, a prominent punter and analyst, in , it has established itself as an authoritative source for racing form, tips, and analytical tools used by bettors, trainers, and industry professionals worldwide. The company's ratings originated from Bull's emphasis on the time-value of performances, factoring in variables such as track conditions, , surface, and weight-for-age allowances to produce standardized figures that enable precise comparisons across races. Over the decades, Timeform published annual publications such as Racehorses of [year] (covering flat racing) and Chasers & Hurdlers (for jumps racing), which provided in-depth reviews of every horse's season, along with racecourse commentary and physical descriptions of horses; print editions of these were discontinued in 2020. Key figures such as Geoff Greetham (d. 2025) and Nigel Townsend (d. 2025) contributed to refining its methodologies, solidifying its reputation for accuracy and detail. Today, Timeform operates as a wholly-owned of plc, delivering digital products including racecards, results, betting tips, and computer timefigures that measure speed in seconds per five furlongs, with sectional timings for major and jumps courses. Its data supports both consumer-facing platforms and B2B services, such as partnerships with betting operators, maintaining its role as a cornerstone of the global ecosystem.

History

Founding and Early Years

Timeform was founded in 1948 by Phil Bull in , , as a private venture aimed at analyzing times and form to aid betting decisions. Bull, born in 1910 as the son of a Yorkshire miner, held a mathematics degree from University and initially worked as a at Hemsworth in before dedicating himself fully to racing analysis. His early efforts involved developing speed figures derived from timings at racecourses, adjusting for factors such as track conditions, going, wind, and pace to evaluate performances accurately. In its formative years, Timeform concentrated on flat racing data collection, with and his team manually timing races and compiling performance assessments. This hands-on approach led to the creation of the first Timeform ratings in the late 1940s, initially developed in collaboration with analyst Dick Whitford to quantify horse abilities more precisely than traditional time measurements. The inaugural was launched in , providing daily race previews and form analysis via under Bull's William K. Temple to maintain professional discretion. The Timeform annual series evolved from Phil Bull's earlier Best Horses publications, starting with Best Horses of 1944 in 1945, and the Racehorses annual beginning in 1948, offering comprehensive ratings, statistics, and commentary on flat racers. Key figures like Geoff Greetham, who served as editor of the annuals, and Nigel Townsend further refined the ratings system in later decades. In the 1970s, Timeform expanded its comprehensive coverage to jumps racing with the launch of the Chasers & Hurdlers annual in 1975/76, covering hurdles and steeplechases with dedicated ratings for National Hunt horses. This period marked Timeform's transition from a niche timing service to a foundational resource in evaluation.

Acquisitions and Current Ownership

Timeform operated as an independent publishing and data company for nearly six decades after its founding in , specializing in analysis and ratings. In December 2006, it was acquired by , the UK's leading exchange, for approximately £15 million. This purchase, completed on November 29, 2006, marked a significant shift, embedding Timeform's expertise in performance metrics and form data directly into Betfair's digital betting ecosystem to improve user tools for wagering on horse races. The acquisition enabled synergies between Timeform's analytical depth and Betfair's technology platform, fostering innovations in delivery for bettors while preserving the organization's in ratings production. In 2016, following Betfair's merger with to form Paddy Power Betfair plc (subsequently rebranded as in 2019), Timeform transitioned to full ownership under on , 2016. This corporate evolution positioned Timeform within a global giant, valued at over €20 billion by 2025, allowing access to broader resources for technological upgrades and market outreach. As of 2025, Timeform operates as a wholly-owned of , headquartered in , , with a dedicated team emphasizing data collection, statistical modeling, and content creation for and sectors. Under Flutter's stewardship, the company has pursued strategic expansions, including the establishment of TimeformUS in 2014 to adapt its methodology for North American , providing pace figures and speed ratings tailored to U.S. tracks. Additionally, a 2024 partnership with PA Betting Services designates the latter as the exclusive distributor of Timeform's B2B products, such as race verdicts and odds-based forecasts, enhancing international reach across betting operators and media outlets. These ownership changes have amplified Timeform's influence in the racing industry, transitioning it from a niche print-focused publisher to a key player in digital data services, while upholding its foundational principles of objective analysis amid growing commercialization pressures in the and beyond.

Rating System

Data Collection and Methodology

Timeform gathers data primarily from official race results provided by racing authorities in the United Kingdom and Ireland, supplemented by detailed race times, trainer and jockey statistics, pedigrees, and form assessments from select international jurisdictions including the United States, Canada, the United Arab Emirates, Australia, New Zealand, France, and parts of Europe. This comprehensive approach ensures coverage of both flat and jumps racing, with an emphasis on variables such as distance, track surface conditions (including "going" ratings for turf firmness), weight carried, race class, age, margins of victory or defeat, and pace dynamics derived from sectional times. Sectional times, which break races into segments to analyze speed variations, are collected using a combination of electronic data from tracks and manual measurements augmented by video analysis, allowing for precise evaluation of individual horse efforts within the field. Historically, data collection relied on manual methods, including on-site stopwatch timing pioneered by Timeform's founder Phil Bull to record race performances accurately in an era before widespread electronic timing. By the modern era, this has evolved to incorporate automated and digital processes, such as video replays for detailed pace scrutiny and real-time data feeds during race meetings, enabling Timeform to analyze approximately 11,000 horse races and over 130,000 individual performances annually in the UK and Ireland, as of 2025. Video analysis plays a key role in verifying sectional splits and identifying pace biases, with Timeform maintaining an extensive archive of such data for Great Britain and Ireland, including all-weather meetings and selected turf events. Timeform's database, which originated with ratings introduced in 1948, encompasses a vast historical record of horse performances dating back to 1933 for time data, supporting ongoing handicapping. Real-time updates occur during live race meetings, integrating fresh results with the archive to maintain currency. To ensure accuracy, all data undergoes rigorous through cross-verification by expert handicappers, who manually review computerized initial assessments and adjust for potential anomalies such as unusual track conditions, wind effects, or race interference that could skew raw timings or form interpretations. This dual manual-automated process refines the dataset, prioritizing objective analysis over unverified inputs and enabling consistent comparisons across eras and conditions.

Calculation of Ratings

Timeform ratings are expressed in pounds as part of a universal handicap system, where the scale for Flat racing typically ranges from around 0 for the least capable horses to 140 or higher for elite performers, with ratings above 130 indicating top-class ability. For jumps racing, the scale is adjusted similarly but anchored to comparable benchmarks, reflecting the different demands of the discipline while maintaining the poundage equivalence. The standard calculation begins with a baseline rating derived from the horse's previous form, which serves as an estimate of its current merit under optimum conditions. This baseline is then adjusted based on the horse's performance in a specific race, incorporating time-speed figures that quantify the race's pace and finishing times relative to standardized par times for the track and distance. These par times are track-specific benchmarks established from historical data since the 1930s, updated annually to account for changes in track configurations, surface conditions, and overall performance levels, and they normalize race times to a standard set of conditions such as weight-for-age and ideal going. A key element in this process is the derivation of the speed figure adjustment, which measures how much faster or slower the race time was compared to the par time, converted into pounds using a scale where time differences are equated to weight equivalents (e.g., approximately 1 second per five furlongs equals 5 pounds). The overall rating is then computed as Rating = Baseline Form + Speed Figure Adjustment ± Weight/Conditions Modifications, where modifications include allowances for the weight carried (typically ±1 pound per actual pound difference from a standard 10 stone 0 pounds) and environmental factors like going or wind, applied after initial time-based assessment. For horses of different ages, the Timeform Weight-for-Age (TWFA) table further refines this by adding or subtracting pounds based on age, distance, and time of year—for instance, a 3-year-old might receive a 9-pound allowance over a 4-year-old in a May mile race. Form lines are incorporated through iterative post-race updates, where the of and beaten s are evaluated to refine the ; beaten s are valued variably by distance, equating to about 3 s per at five furlongs (for sprints) down to 1 per at two miles, ensuring the reflects relative merit in a notional . This process uses computerized algorithms to assess "differences at the weights" across the field, with handicappers then applying discretionary adjustments based on qualitative factors like pace bias or before finalizing the master . Ratings undergo annual recalibration to maintain consistency with historical anchors, such as the performances of benchmark horses like Frankel (rated 147, the highest ever for a Flat horse), while accommodating modern trends like improved breeding and training that have led to top ratings around 133 for elite performers such as Calandagan as of November 2025.

Variations by Racing Type

Timeform tailors its rating system to the specific characteristics of flat racing and National Hunt disciplines, employing separate scales that reflect the differing skill sets required, with flat ratings typically ranging from 0 to 140 or higher for elite performers, while jumps ratings extend from 0 to 175 or more. For flat racing, the methodology prioritizes raw speed and , especially over shorter to middle like a mile, where maintaining optimal is key to superior performances; poundage allowances per vary by , exceeding 4 pounds per in sprints under 55 seconds, but dropping to around 1 pound per in longer 2-mile events. Adjustments account for surface type, with turf and synthetic tracks analyzed differently from , where fields tend to string out more, but no deductions apply for jumping since obstacles are absent. In hurdle racing, ratings integrate jumping efficiency as a core element, using in-play symbols to denote ability—such as "x" for poor jumpers (implying negative adjustments) or "j" for proficient ones—with deductions applied for mistakes that compromise rhythm, alongside considerations for shorter race distances and the softening effects of ground conditions on pace. The overall scale for jumps is shifted lower than flat ratings for equivalent class, with top hurdlers generally around 170, emphasizing a blend of speed and basic competence over pure endurance. Steeplechase ratings build further on these principles, heavily weighting and prowess due to larger fences and open ditches that elevate fall risks, with bold earning positive adjustments (via symbols like "J" for outstanding) and poor efforts leading to greater penalties; longer races, such as the 4.5-mile , use sub-1 per allowances to underscore endurance over speed. Direct comparisons between flat and jumps ratings are not feasible owing to divergent demands—speed and agility in flat versus stamina and jumping in National Hunt—though Timeform assigns dual ratings to versatile horses that switch codes, such as those contesting events like the Champion Hurdle after flat careers.

Publications and Services

Traditional Print Outputs

Timeform's traditional print outputs have long served as essential resources for horse racing enthusiasts, trainers, and punters, offering detailed form analysis, ratings, and previews in physical formats. The cornerstone of these publications is the Timeform Race Card, first produced in 1948 shortly after the company's founding by Phil Bull. These daily cards cover upcoming meetings in the UK and Ireland, providing comprehensive horse form, Timeform ratings, race previews, and betting insights to aid informed wagering. They remain available in printed form as of 2025, allowing users to access tangible, on-the-go references for race-day decision-making, though digital downloads have supplemented their distribution. Complementing the daily Race Cards are Timeform's annual publications, which compile seasonal data into authoritative reviews. The Racehorses of [Year] series, launched in 1948, focuses on Flat racing and includes ratings, performance commentaries, and statistical summaries for every horse that competed in Britain and Ireland during the season. Similarly, the Chasers & Hurdlers annual, introduced with its inaugural 1975/76 edition, provides in-depth analysis of National Hunt performers, featuring Timeform ratings and individual notes for thousands of horses across steeplechases and hurdles. These volumes, often exceeding 1,000 pages, have been edited for decades by figures like Geoff Greetham, whose contributions elevated their reputation for meticulous, narrative-driven assessments until his passing in 2025. Production of both series continued annually until the 2019/20 editions, after which Timeform discontinued new print runs in 2020 to align with evolving consumer preferences. Past editions are still offered for sale, preserving their role as archival references for historical ratings and racing trends. In October 2025, Timeform also mourned the passing of director Nigel Townsend, a key contributor to its operations and methodologies. Additional print titles expanded Timeform's portfolio, targeting specialized aspects of the sport. The weekly Timeform , which summarized key performances and ratings from recent races, complemented the annuals but was also discontinued in print form alongside them in 2020. Other specialist books, such as the Horses to Follow series, have persisted in , with annual editions highlighting promising runners for upcoming seasons based on Timeform's expert selections. These outputs evolved from manual in the mid-20th century to modern techniques, maintaining a focus on high-quality, portable analysis valued by trackside users. The shift toward has impacted Timeform's print legacy, with circulation of annuals and supplementary titles declining post-2010 as online access to grew prevalent. Despite this, printed Race Cards and select books endure as of 2025, underscoring their enduring appeal for in-depth, non-interactive study among dedicated professionals and historians.

Digital and Online Offerings

Timeform's primary digital platform is its website, timeform.com, which serves as a comprehensive resource for enthusiasts, offering daily news, expert verdicts, racecards, form analysis, tips, results, and betting recommendations for UK and international events. The site provides free access to core content such as basic race previews and results, while premium features require a subscription to unlock deeper insights. In , Timeform launched an upgraded version of the with enhanced mobile responsiveness, preserving essential tools like ratings updates, top profiles, and in-play hints that draw on historical betting data and reporting. Users can access interactive elements, including the My Timeform for adding notes on and receiving alerts for upcoming races, all at no cost. The platform also facilitates betting by linking directly to bookmakers from racecards and odds comparison tools. Complementing the website, Timeform offers a free mobile app available for and devices, enabling users to view racecards, results, tips, and historical form data on mobile devices for on-the-go access. The app integrates seamlessly with the website's content, supporting features like quick searches and notifications for key races. For advanced users, Timeform's premium service, known as Race Passes, provides in-depth analysis through tiered subscriptions starting at £10 for a 24-hour pass or £30 monthly as of 2025. This unlocks Timeform ratings, symbolic flags indicating horse potential, detailed form comments, and specialized metrics such as speed figures and trainer performance trends, enhancing betting strategies across and races. Timeform also produces the annual Horses to Follow guide, available in digital format since the via online platforms like Calaméo, featuring expert selections of 50 horses plus contenders, complete with profiles, race histories, and trainer insights for the jumps or flat season. The 2025/26 jumps edition, released in October 2025, emphasizes emerging talent and includes additional sections on rising stars. On the B2B side, Timeform licenses its through the Global Sports , which delivers real-time and historical information for integration into third-party platforms. Since 2016, this has included with Flutter Entertainment brands like , enabling access for developers to incorporate Timeform ratings into betting applications. In , Timeform expanded its B2B offerings via a with Betting Services, which manages distribution to international operators, including coverage of events like the 2025 where Timeform ratings informed post-race analyses.

Notable Ratings

Top Flat Thoroughbreds

Timeform's all-time highest-rated flat thoroughbreds are dominated by European performers, with ratings reflecting peak annual performances for horses aged three and older. The pinnacle is Frankel, awarded 147 for his 2012 season, an unbeaten record capped by an 11-length demolition in the Queen Anne Stakes at Royal Ascot, where his superiority over rivals like was deemed unmatched in Timeform's 70-plus years of records. Sea-Bird holds second place at 145 from his 1965 campaign, while Brigadier Gerard and Tudor Minstrel share 144 from 1971 and 1947, respectively—the latter's rating stemming from wartime-era dominance in sprints. The full top 10, based on Timeform's annual ratings, is as follows:
RatingHorsePeak YearKey Race(s) Highlighted
147Frankel2012 (Royal Ascot)
145Sea-Bird1965
144Brigadier Gerard19712000 Guineas,
144Tudor Minstrel19472000 Guineas (by 4 lengths)
143Flightline2022Pacific Classic (by 8 lengths)
142Abernant1949 (sprint mastery)
142Ribot1956King George VI & Queen Elizabeth Stakes
141Mill Reef1971
140Dancing Brave1986King George VI & Queen Elizabeth Stakes
1402000
These ratings underscore generational benchmarks, with 140+ denoting all-time greats capable of transcending eras. earned his 140 in 2009 through an unbeaten three-year-old season, including the 2000 Guineas, , Juddmonte International, , and , a sequence Timeform deemed exceptional but not surpassing Sea-Bird's margins of victory. Enable, rated 134 across her 2017-2019 peaks, stands as a modern filly icon with three wins, two King George VI & Queen Elizabeth Stakes victories, and an Oaks triumph, her consistency elevating her among post-2000 elites despite not cracking the 140 barrier. In 2025, Timeform's European flat ratings reflect a competitive season, with Calandagan emerging as the leader at 133 after his victory at in October, where he defeated by 2¼ lengths on soft ground. This mark positions him as the highest-rated older horse, ahead of (130) and Daryz (131). Emerging three-year-olds like Ancient Wisdom have shown promise, rated around 120+ in mid-season efforts such as the Great Voltigeur Stakes, though his form tailed off later. The seasonal top 20 in includes a mix of milers and stayers, with standouts like Jan Brueghel (128) and Trawlerman (127) from Australia-influenced bloodlines, highlighting cross-hemisphere depth. No single horse has yet approached 135, but the list features 10 performers at 125 or above. Frankel's 147 remains the benchmark for dominance, justified by his 14-for-14 record and ability to accelerate clear in top races, outpacing fields by margins that Timeform equated to 10-12 lengths against average opposition. In comparison, pre-2000 horses like Brigadier Gerard (144) excelled in fewer elite clashes but against softer fields, with his six-length win over Mill Reef (later rated 141) illustrating the era's intensity. These contexts reveal Timeform's emphasis on raw speed and adaptability over mere win counts. Timeform extends its scale globally, rating non-European horses like at 134 for his 2015 and sweep, where his Invitational performance edged him above contemporaries like Shared Belief. Australasian stars such as Winx (134 peak) earned accolades for 33 straight wins, including four Cox Plates, while reached 136 for her unbeaten sprint career, incorporating European raids like the Diamond Jubilee Stakes. These inclusions calibrate international form, with Timeform adjusting for track differences and race standards. Since the , Timeform flat ratings have shown mild , with more horses achieving 130+ due to advancements in training, nutrition, and global race quality, increasing high-end performances from 5-6 annually pre-2010 to 10+ in recent years. The 2025 Breeders' Cup amplified this, as European winners like those in the Turf and Filly & Mare Turf races boosted ratings by 3-5 points, integrating American dirt form with European turf benchmarks and underscoring improved parity.

Top Steeplechase Horses

Timeform's highest-rated steeplechase horses reflect exceptional performances over fences, with ratings emphasizing superiority in speed, stamina, and jumping ability in major National Hunt contests. The all-time leader is Arkle, awarded a rating of 212 for his 1965 season, the highest ever given to a chaser, following victories including three consecutive Cheltenham Gold Cups (1964–1966). Flyingbolt follows at 210, while Sprinter Sacre achieved 192p in 2013 after winning the Cheltenham Gold Cup and two Champion Chases. Kauto Star earned 191 in 2009, highlighted by two Gold Cup triumphs (2007, 2009) and five King George VI Chase wins. Other historical standouts include Mill House at 191 (Gold Cup 1963), Desert Orchid at 187 (Gold Cup 1989), Burrough Hill Lad at 185 (Gold Cup 1984), and Best Mate at 182 (three consecutive Gold Cups 2002–2004). These ratings, derived from Timeform's assessments since 1948, often correlate with Gold Cup success, underscoring the race's role in elevating chasers to elite status.
RankHorseRatingYearNotable Gold Cup Wins
121219651964, 1965, 1966
2Flyingbolt2101966None
3Sprinter Sacre192p20132013
419120092007, 2009
5Mill House19119641963
6Desert Orchid18719891989
7Burrough Hill Lad18519841984
8Best Mate18220042002, 2003, 2004
Arkle's rating exemplifies dominance, as he routinely outperformed rivals by margins equivalent to 20 pounds or more in Timeform terms, such as his 20-length in the 1965 Gold Cup, which highlighted his unmatched class over contemporaries like Mill House. In modern eras, Timeform adjusts to account for evolutions like larger fields and faster overall times due to improved training and track conditions; for instance, Kauto Star's repeated successes in high-level renewals, including back-to-back , earned his peak rating despite these contextual factors. Key events like the profoundly influence steeplechase , with and Champion Chase winners often seeing substantial uplifts—Sprinter Sacre's 192p stemmed directly from his flawless 2013 Festival —while the Grand National rewards endurance, boosting ratings for stamina-proven performers like those achieving top finishes in its grueling conditions. Steeplechase ratings incorporate jumps-specific elements, rewarding bold and efficient jumping through implicit adjustments in performance evaluation; clean rounds over formidable fences can contribute up to 5 pounds in merit assessment, as errors cost time and thus lower effective ratings compared to fluent navigation. Recent standouts as of the 2025/26 season include Galopin des Champs at 175, who retained top chaser status after strong Cheltenham performances, including a third-place Gold Cup finish, and Inothewayurthinkin at 174+, an emerging force with victories in the Irish Gold Cup. The current top 15 from Great Britain and Ireland, updated through November 2025, features a mix of established stars and rising talents, with several earning boosts from Festival heroics.
RankHorseRating
1Galopin des Champs175
2Inothewayurthinkin174+
3Fact to File173
4Gerri Colombe172
5Il Etait Temps172
6Jonbon171
7Gaelic Warrior169
8Fastorslow168
9I Am Maximus168
10Marine Nationale167
11Grangeclare West166
12Nick Rockett166
13Spillane's Tower166
14El Fabiolo166x
15165

Top Hurdle Horses

In hurdle racing, a key component of National Hunt competition involving smaller obstacles that emphasize speed and agility over endurance, Timeform has assigned its highest ratings to a select group of standout performers. The pinnacle of these ratings is held by Night Nurse, who achieved 182 in the 1970s for his dominant displays in the Champion Hurdle and other top contests. Istabraq follows closely with a career-high of 180, earned across his unbeaten run from 1997 to 2001, including three consecutive Champion Hurdle victories that solidified his status as one of the division's elite figures. Monksfield matches this mark at 180, excelling in staying hurdles during the late 1970s with back-to-back Champion Hurdle triumphs. Other notable entries in Timeform's all-time top 10 for hurdlers include Persian War at 179, a three-time winner in the 1960s known for his exceptional two-mile prowess; at 178, who secured two Champion Hurdles in the early 1970s; and Faugheen at 176, whose flawless novice season in 2014-15 culminated in a dominant Champion Hurdle win. Hurricane Fly rounds out prominent Champion Hurdle scorers in this elite bracket with a high of 175, achieved during his record-breaking 2011-2013 campaign that featured two victories in the race and 22 Grade 1 successes overall. These horses, many of whom claimed Champion Hurdle honors, exemplify Timeform's emphasis on performances that combine fluent jumping with rapid pace, often seeing rating uplifts in challenging conditions like soft ground where precision over hurdles proves decisive.
RankHorseHighest Timeform RatingNotable Achievements
1Night Nurse182Two Champion Hurdles (1976-77)
2=Istabraq180Three Champion Hurdles (1998-2000)
2=Monksfield180Two Champion Hurdles (1978-79)
4Persian War179Three Champion Hurdles (1968-70)
5Comedy of Errors178Two Champion Hurdles (1973-74)
6Lanzarote177Champion Hurdle (1974)
6Limestone Lad177Irish Champion Hurdle wins
6Constitution Hill177Champion Hurdle (2023)
9Bula176Champion Hurdle (1972)
9Faugheen176Champion Hurdle (2015)
As of November 2025, at the start of the 2025/26 season carrying over from 2024/25 peaks, contemporary leaders reflect ongoing Irish influence in the discipline, with State Man holding the top spot at 172 following his 2024 Champion Hurdle success and subsequent wins, including a third Irish Champion Hurdle in 2025. Brighterdaysahead has emerged as a rising star, reaching 165 after a standout 30-length victory in the 2024 Neville Hotels Novice Hurdle and strong showings into the 2025 season, positioning her among the top mares. The seasonal top 15 incorporates promising novices like Lossiemouth (158, adjusted for sex allowance) and emerging talents such as Asian Halo, underscoring a depth bolstered by Ireland's training dominance. Post-2010 trends highlight a move toward versatile hurdlers capable of adapting to varied distances and ground, with many top performers now hailing from yards that prioritize speed-endurance balance. This evolution is evident in 2025's rankings, where -trained occupy eight of the top 10 spots. Within jumps , hurdle ratings typically lag 20-30 points behind those for steeplechases, reflecting the former's reduced demands and focus on quicker, lighter jumping efforts.

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