What is better than having a racehorse? Emotion, energy and, if all goes well, the emotion of victory! But as you know, buying a racehorse is not something to do on a whim. There are many things that you have to deal with. This article will give you an overview of everything from choosing a racehorse to the cost of owning a racehorse.
Buying a racehorse The average price of a racehorse is approximately 15,000 pounds, but it varies according to the horse's performance and descent, as well as the demand and overall economic climate of the horse market. It is always a good idea to use a career horse trainer or a blood worker to help you choose your horse and find the best place to buy it. Ask them to accompany you to a public auction and ask for careers. If you decide to buy privately, make sure the horse undergoes a veterinary examination for races, not just a general exam. Odds of possession of a racehorse Then you have to consider the costs in progress. You can expect the annual cost of a racehorse to be around 16,000 pounds. These costs cover: * Training: includes items such as stable rates for staff and coaches, food, exercise fees, gallop fees * Regular maintenance: includes regular replacement of shoes, usually every 4 to 6 weeks. * Medical care: routine veterinary services such as blood samples, vaccinations, and perimeter determination. * Career costs: includes transportation costs, personnel costs, registration fees, silks, and broker/runner fees Also, you will want to get good insurance for your horse. You may also have to cover registration fees, such as registering property, horses, and colors. Property rewards Although it may seem daunting, the rewards are plentiful! You can recover a part of your investment by registering in the Value Added Tax (VAT). You can then claim the VAT paid according to your payment rates continuously. And, of course, as an owner, you get special privileges on the day of the race, including the owner's access. There is another option: horse racing unions. A union is a group of people who buy the shares of a racehorse and share the assets of that horse. The costs associated with owning a racehorse through a union are significantly lower than absolute ownership and often include ongoing costs in the stock price. In addition, you can always visit your horse, get discounts and privileges for race day and feel the thrill of seeing your own racehorse crawl on the road to victory.
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via Twitter https://twitter.com/thoroughbredsuk via https://dooleythoroughbreds.tumblr.com/post/634338097759453184 Congrats to @ctkjockey on a great winning ride in the Breeders Cup Turf. Class @BreedersCup11/8/2020
Congrats to @ctkjockey on a great winning ride in the Breeders Cup Turf. Class @BreedersCup ??:
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A massive thanks to Ado and his amazing team, the brilliant jockeys who have ridden and all the support for a truly brilliant season. It’s such a massive effort - we’ll never forget it. Can’t wait to get back next year. Dream team ???⚫️❤️@adomcguinness1 @ShamrockTBS @HRIRacing https://t.co/rn60MiO27m:
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Our final runner of the flat season today POLITICISE goes in the November Handicap @NaasRacecourse hoping for a nice run to cap an unbelievable season. Thanks to @adomcguinness1 @ShamrockTBS and the whole team??⚫️? https://t.co/L226dsKS6S:
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Good luck to @ShamrockTBS tonight with new boy Harry’s Bar and Laugh a Minute. Bring it home lads ????for @adomcguinness1:
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Love the Friday Night Club @RacingTV and @DundalkStadium looking forward to Raphael tonight with @gavinmryan did us proud the last night. Dream team @adomcguinness1 @ShamrockTBS https://t.co/DWIQCT5veC:
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Well done Gavin - amazing year ?❤️⚫️? https://t.co/jVL9q9mnB8:
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Just posted a photo https://t.co/xxqfwKc5Ac:
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❤️?? https://t.co/A5IbFDkNCe:
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