Owning a racehorse involves many costs in addition to the original purchase of the horse and monthly training fees. Veterinary care, shoeing, transportation, special vitamins, race day fees, (jockey, pony, jockey’s insurance) etc., are all extras the trainer will bill an owner for, but by owning just a percentage of the horse, your financial commitment is significantly less.

Another great advantage of partnerships is the option to own shares just one horse or several, making it possible for you to watch your own horse run on many more occasions. The thrill of actually being a part of a race rather than just a spectator is indescribable, and if you win and have your picture taken in the winner’s circle, the sensation is beyond belief.

There are several types of partnerships:

• Private Partnership with friends
• Public Partnership
• Limited Partnership
• Corporation
• Association
• Syndicate

Some of the options listed are more complex and consuming than others. I strongly suggest you start out small. Go slowly; take baby steps so that you can discover whether you are comfortable with the costs and commitment incurred at that level. As time passes you can always expand your “stable”, but once you own a percentage of a racehorse you remain financially committed until that horse is either sold, claimed away or retired.

As this site develops I will devote separate posts to detail each of these partnership options and provide samples you may be wish to participate in.

Related posts:

1. Banjo Gold Races for his American Classic Thoroughbreds Partners
2. Presto Change O Wins For M & M Thoroughbred Partners
3. Racing Partnerships – An Overview