Originally Posted by barrelbeginner
i WISH I had that much money to blow on BUYING a horse.
I wish I had that much money to spread around to a few horse rescue I know
But usually in the case of racing T-breds the horse is bought by a "syndicate", which is a group of investors that pool together to buy a horse. The owner's shares are doled out by how much they put in. So, if there were 16 owners, each putting in $1 million they would all split any race or breeding profits 16 ways. Make sense?