Regressive horse or seriously well hcapped

Outsider

Journeyman
Joined
Jul 2, 2017
Messages
5,178
Tomorrow at Lingfield HISTORY WRITER runs in a claimer.
How does a horse regress so much.
Won a stakes race in france(30000) in 2019 and went up to 103.
Had 3 poor runs in 2020.
Started off 2021 in the lincln(12th)
Then 16/16 spring mile
Then was an eye catching 8th in the victoria cup off 95.
Since then its form is
10/10
11/12
10/12
5/5
9/9
8/9
8/9
Tomorrow is rated 69 plus a 7lb claimer.

How or why does a horse regress so much.
At the price I can let it run. 7/1
 
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