Plot hole: Immediately after Seabiscuit injures his leg, the track vet tells owner Charles Howard that the horse will never race again. He offers to euthanize Seabiscuit, even though it was not a life-threatening injury. Even if Seabiscuit was unable to race again, a champion racehorse has more value as a stud horse. It is nearly inconceivable that a random vet would suggest this so early on. If anything, it would be "wait and see."
Seabiscuit (2003)
1 plot hole - chronological order
Directed by: Gary Ross
Starring: Jeff Bridges, Elizabeth Banks, Chris Cooper, Tobey Maguire, David McCullough, Paul Vincent O'Connor
Factual error: In the shot where Pimlico racetrack is shown and the dateline shows November 1, 1938, the Maryland flag is upside down. The black and gold squares should be at the inside top and they are not. (01:35:10)
George Woolf: Pretty small, ain't he?
Red Pollard: He's gonna look a lot smaller in a second, Georgie.
Trivia: The jockey at the crude outdoor race track that Pollard watches as a kid is wearing the same clothes he wears later on in the movie.
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Answer: They probably do, it just isn't shown. Alternatively, they could have died in-between the time we see the young Red and Tobey Maguire. That could be a contributor to all his anger and rage.