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most expensive horse!!??

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  • Most money horse is insured for
  • Most expensive syndicated horse

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    08-01-2012, 07:16 PM
  #21
Weanling
See if I had that money I would buy some property a nice barn and than I would fill it with horses and they just spent it on 1 horse.. I laugh at there stupidness
     
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    08-01-2012, 07:36 PM
  #22
Trained
What you guys are forgetting is that they are not buying a horse they are buying hopes and dreams. You see it at all the big sales be it TB or NRHA NRCHA and so on. The highest priced horses are long yearlings and started 2's. They are buying that hope of having a horse in the big show and doing well. Some times those dreams come true and sometimes they do not.
     
    08-01-2012, 07:38 PM
  #23
Yearling
Quote:
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?
     
    08-01-2012, 11:20 PM
  #24
Super Moderator
They are definitely not in the 99% are they?
AlexS likes this.
     
    08-01-2012, 11:45 PM
  #25
Trained
Wasn't Alydar insured for almost a 100,000,000 $?
I remember that Storm Cat was worth 50 million in the 90's I believe.
Some TB stallions have stud fees that are 150,000 to 250,000 $.
Bet no one calls them backyard breeders. Shalom
     
    08-02-2012, 07:32 AM
  #26
Super Moderator
Those were horses with a race record. Most were syndicated or insured for great amounts after being retired from racing. They also insure fertility for several million on those horses with huge race records.

This is a 'prospect' sold at auction as a yearling. Most of the very high priced yearlings are total failures. I believe it is an 'auction record'.
     
    08-02-2012, 11:18 AM
  #27
Trained
Look at the prices are prospects at the NRHA and NCHA sales. Now they are not as high as the TB or even the QH recing prospects but they are still high.

I have seen some ones that have broken records win and some not so much. However the vast majority of the top horses are sold privetly. So you can only guess at what they sold for.
     
    08-02-2012, 11:35 AM
  #28
Showing
Totilas is rumored to have sold for 15,000,000 - approx $18000000 USD.
Amazing.
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    08-02-2012, 12:07 PM
  #29
Green Broke
Can I just say that The Green Monkey as a name is amazing..
Roperchick and DimSum like this.
     
    08-02-2012, 08:59 PM
  #30
Green Broke
Money money money money.....sharing is caring! Hahahahaha

I want some of that money there.
     

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