Do you think horse whips should be banned?

I read a similar article about banning whips in racing. One of the major points was that you aren't allowed to use a whip until a certain point in the race, by which time the horse is already going flat our and getting tired. No matter how much you whip them, they just can't go any faster. The arguement made in my article was that there simply is no point in whipping an animal that just can't go any faster. I think that whips shouldn't be used in racing. I do think that whips and crops should be used in other discipline though! Often times you don't even need to use it but carrying a whip makes a huge difference to some horses.