Thanks for the advice everyone. I read over all of your posts.
First off, I never said anything about wanting a "cute little foalie". I was considering breeding the mare because of her performances in speed shows, her stockiness, and her temperament. I also stated that my mother, the true owner of the mare, was the person that was originally wanting to breed her. With that being said, if this mare were to be bred, she would remain with my mother for the three or four years after birth (because we start saddle training at three, not four). Perhaps some of y'all should have read my entire post instead of taking the time to go off on a huffy to me. :)
Eastowest - Thank you very much! You have no idea how helpful that was to me. We actually would not be interested in selling the foal, but given the costs that you pointed out I see that breeding is more risky than I thought.
I don't guess breeding right now is the best idea. I'd rather just keep the mare for my cousins to ride than chancing losing her and the foal.
Tango - 6 yr Sorrel Quarter Horse Gelding
Corn - 8 yr Gray Quarter Horse Gelding