The Philippine Racing Commission was established in 1974 to promote and direct the accelerated development and continued growth of horse racing not only in pursuance of the sports development program but also to ensure the full exploitation of the sport as a source of revenue and employment.

Vision Statement:

The Philippine Racing Commission is a globally recognized lead agency regulating and promoting the sport and industry of horseracing, generating revenue and employment, and contributing to economic progress and national development.

Mission Statement:

We promote, maintain, and continuously improve the efficient and unbiased operation of the sport and industry of horseracing exclusive of the supervision of betting;

We raise public confidence in the sport and ensure strict compliance with the rules of horseracing; and

We improve the breed of racehorses and effectively regulate their importation.

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