Cost of ownership

Before you invest in a horse you should understand how much your monthly maintenance expenses will be. The initial expense of purchasing your potential star is just the beginning of your financial layout. This is why investment partnerships are the most economical approach to ownership.  Costs are divided among partners based on the percentage of investment, making it substantially more affordable to own a thoroughbred race horse.

Horse-in-training day rates include all the feed, staffing, equipment and housing that it takes to train your horse. Items not included in your day rate would be veterinary care, farrier, transportation, insurance (for your horse), taxes and any special items your horse may need.

Keep in mind that the following fee structures are based on 100% ownership.  For example, a partner with a 5% investment would pay only $3.00 per horse each day at the race track, rather than $60.00 per day.  The foaling fee would be $13.75 as opposed to $275.00.

The race track rate varies between $60-$85 per horse per day. Away from the race track the training center rate is $55-$65 per day. A training center is a good alternative between the track and the farm. It is a great place to get your 2 year olds breezing prior to going to the race track where there is more activity.

Farm day rate is $20-$25 per horse. This is a good place to get your yearling started and save some money. Some farms have their own training tracks. A farm is also the perfect place for an older horse to receive some rest and relaxation before heading back to the track.

Broodmares are boarded for $22-$25 per day depending on locale and whether they are in the pasture full time or need stall care. Broodmares usually have very little veterinary expenses other than de-worming and vaccination, except during the breeding season. A mare's feet are trimmed every 4-5 weeks ($25-$35).

Foaling fees are $275-$325. Once a mare has foaled and is ready to cycle again there will be numerous veterinary examinations ($20-$30), and ultrasounds ($50-$75) to check for pregnancy and or twins. If your mare does not easily become pregnant, there could also be supplement expenses to get her to cycle, or to treat infections. Additionally, if there are any complications post foaling, your mare could require surgery.

Weanlings & Yearlings: Once weaning takes place the board rate increases to the yearling rate of $22-$25 per day, where it stays until training starts. Training rates for yearlings usually run $55-$65 per day.