microchip id for racehorses

Question
hello madam, is microchip id for racehorses important, does the race clubs in US use this???

Answer
yes this is very important. this way if your horse is ever stolen they can scan the chip and see that the horse is stolen. or for insurance if a horse has been claimed dead and the scan says it is a different horse then you cannot commit fraud. i believe all horses should be microshiped. this is just to be safe and keep your horse safe.