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Before horses can race, they must be licensed and registered with the Australian Racing Board. The Registrar of Racehorses oversees this process of licensing and registration; as well as overseeing their naming, registration, leasing and transfer processes. They also regulate use of colors during horseracing events as well as identify sires and dams of racehorses. Finally, the Registrar provides the Australian Racing Board with a list of licensed and registered horses so it may identify those bred specifically for racing purposes as well as enforce Rules of Racing compliance. Who scored in tonight's NRL game Australia hosts 66 out of the 193 Group 1 races worldwide and is the world's largest thoroughbred racing country, as demonstrated by its high prize money awarded at some top-level races compared with that awarded elsewhere. Their high popularity also attracts sponsors who provide much needed funding for upgrades required to keep these international races competitive.