baɪ kˈælkjʊlˌeɪɾɪŋ vˈɛɹɪəbəlz sˈʌtʃ ɐz ðə tɹˈæk kəndˈɪʃənz ænd ðə hˈɔːɹsᵻz tˈaɪm, bˈeɪɚ spˈiːd fˈɪɡjɚz ɡˈɪv ɐ mˈɛʒɚɹ ʌv hˌaʊ fˈæst ɐ hˈɔːɹs wʌz ɪn ɐ ɡˈɪvən ɹˈeɪs.
By calculating variables such as the track conditions and the horse's time, Beyer speed figures give a measure of how fast a horse was in a given race.