Join Date: Aug 2010
Location: Southwestern Ontario, Canada
• Horses: 0
It isn't cheap to keep a racehorse though. That is why it is the "Sport of Kings".
Stud fee's can be a large price if you want to breed to something that has a excellent pedigree, along with a good race record. The better his foals do when they get to the point of racing means his stud fee can increase. A $5000 stud fee is not unheard of, if not more...such as Camluck for $12,500 CDN and Bettors Delight for $14,000 US. Somebeachsomewhere has a fee of $20,000 US. Then you have to care for the mare while she is carrying a foal, plus for the first 6 months of the foals life. There are registration fee's and if the horse is well bred enough, nomination fee's to larger races with bigger purses.
After the baby is weaned, you still have his care to pay for during the next two years, and then a trainer to pay for if you are not starting him yourself. So by the time the baby starts racing, he could have had over $30,000 invested in him at least!
Horse racing is about the money because it is expensive to start with. It is also heart breaking to have all the money you make to be invested into a horse that turns out to not be worth anything at all.
Most breeders in the racing industry will try and have their foals as close to January first as possible so that by the time that they are 2, they really are 2...and not up against "older" horses that were born earlier that year. A few months can make a huge difference in the maturity level and ability to race in a horse.
Race horses can have a lengthy career even if they were started at a young age. It is not about racing them early, but it is about how they are cared for before and after each race.
It is impossible for a man to learn what he thinks he already knows. --Epictetus