If you go to any racetrack you see fans in 40-75 age group, as for 20's crowd very rare indeed, besides the one serving you your hotdogs and pop. The new generation 20-30 is not interested in the racing game as it is now. In reality not to blame, here is a few reasons:
1 Takeout %
2 Breakdowns in front of fans
3 Drugs[ trainers who cheat too many to list]
4 Small fields 4-6 in a race
5 Too many tracks running
6 Most races garbage races
7 Owners not looking after retired horse[slaughtered}
* ie i could keep going , but the future like poker online lies in Simulated horse racing!
The 20 something crowd is the future and on-line gaming is where it's at , gaming with excitement of horse racing, by 2030 this will be the future if at all!!