Racehorse Ownership: Things You Must Know!

If you're going to keep horses, you don't budget!! You need copious amounts of money you can just write off!!

You can buy a horse for 40k plus 20k min per year fees , you'll be lucky to have a 12/1 shot in a 4grand race at Hexham.

People are soe ignorant about keeping animals let alone a race horse race horse ownership is not for Plebs Ann Murphy Ireland

Excellent, lots of insights. thank you.

I asked Phil Mcentee about 15 years ago the same question
A good old handicapper for one year with a reasonable campaign on the flat and also if you were lucky with the vet his reply was £20k then plus VAT unless you open a syndicate or company where you can get the tax back.

Very good,just what we need an insight behind closed doors at a Racing Stable.I’ve been a syndicate member before and go racing and watch for 40yrs.And like a bet .👍

Excellent interview, quiet right about Racing not being “honest” I.e not highlighting the downside to ownership, ( we only hear about the success stories, and how to get involved via a syndicate for fun with small outlay) plus having followed her progress since losing her allowance, Lilly Pinchin ( currently rides for Charlie longstone ) given the opportunity, certainly has the potential to be a top flight jockey👍

Unless you get a horse that performs better than his price to buy was,and that’s highly unlikely,it will be cash down the toilet.I worked in the betting industry for a lot of years and I have never seen a horse that was cheap to buy winning a group race.James

Excellent interview with a chap clearly quite happy to tell things the way they are, warts and all!

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