A point-to-point is a form of horseracing over fences for hunting horses and amateur riders. In Ireland, where the sport is open to licensed - i.e. professional - trainers, many of the horses will appear in these races before they compete in National Hunt races. Consequently, the Irish point-to-point is more used as a nursery for future young stars: a horse that wins its debut point-to-point in Ireland will often sell for a high price. Whilst professional trainers are specifically excluded from running horses in point-to-points in Great Britain (other than their own personal horses), the days of the farmer running his hunter at the local point-to-point have gone (replaced to some extent by hunter chases). Increasingly, horses are run from "livery yards" - unlicensed but otherwise professional training establishments, sometimes closely allied with a licensed yard.