It's true. Even when the older horses are as good as they are this year they are really up against it given the WFA conditions. Like you say, when the pacemaker for an older horse (that was favourite) finishes runner-up in front of the other one, something is wrong somewhere.
Simply not true. Can you not see the posts above yours where people have gone to the trouble of proving this theory incorrect?
I know this doesn't fit with yours and others reconstruction of the race of the race to fit with your ideas beforehand (and I was just as wrong with my predictions) but Shareta was NOT running as a pacemaker. That was the assumption in the UK&I, but not in France - we all got this wrong. She ran in the Vermeille on her own merits and ran very well, and was entitled to improve. She did, and in a true run race, there is absolutely nothing, and certainly not wfa, to suggest she is anything other than a very, very good filly.
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