The Beyer Speed Figure is a system for rating the performance of Thoroughbred racehorses in North America designed in the early 1970s by Andrew Beyer, the syndicated horse racing columnist for The Washington Post. First published in book form in 1975, the Daily Racing Form began incorporating Beyer Speed Figures in a horse's past performances in 1992 and the system now assigns a Beyer number for each horse race. On the Beyer scale, the top stakes horses in the United States and Canada typically earn numbers in the 100s, while extremely strong performances can rate in the 120s. In Europe, Timeform has a similar rating scale that yields a number, but with a different value. The popular rule of thumb for a rough equivalent of the Timeform score is to deduct 12-14 points to achieve the Beyer figure. For American Quarter Horse racing, the Speed index rating system is used.

The Beyer Speed Figure is calculated by looking at the final time and distance of the race, adjusted by the track variant, which is a measure of the inherent speed of the racetrack in question. The track variant considers both the historical average time at the racetrack for the distance in question, called the "par time", and the average speed for the day in particular. The latter calculation compensates for a racetrack running faster or slower than usual. The Beyer Speed Figure specifically does not consider other variables such as the early pace or traffic problems a horse may have faced during a given race. The figure may, however, be adjusted if the raw numbers are unusual based on the field's previous performances. The figures are generally less reliable in turf races, which often have a slow early pace resulting in slow final times that do not reflect the horse's true speed.

The record for the highest Beyer Speed figure is held by Groovy, the 1987 American Champion Sprint Horse who earned 133 and 132 in back-to-back races, in the Roseben and True North Handicaps at six furlongs in 1987. (Note that this speed figure was assigned before the numbers were published in the Daily Racing Form, so may not be included in some listings of the top speed figures.)

In 2004, Ghostzapper earned the highest Beyer Speed Figure for the year at 128 while winning the Philip H. Iselin Stakes.

Formal Gold ran successive numbers of 126, 124 and 125 in 1997 in the Whitney Handicap (actually losing by a nose to Will's Way), Iselin Handicap and Woodward Stakes.

Flightline earned a 126 speed figure in winning the 2022 Pacific Classic Stakes at Del Mar Racetrack in 2022.

Easy Goer and Sunday Silence both earned 124 speed figures in the 1989 Breeders' Cup Classic, which tied for the fastest speed figure earned in any Breeders' Cup race. Easy Goer also ran a 122 in winning the 1989 Belmont Stakes, the best Beyer Speed Figure in any Triple Crown race since these ratings were first published in 1987. He is also the record-holder for a two-year-old, earning a 116 Beyer Speed Figure in the 1988 Champagne Stakes.

In 2007 the highest Beyer Speed Figure was 124 assigned to Midnight Lute in the 7 furlong Forego Handicap at Saratoga Race Course.