Thoroughbred racing offers an exciting business opportunity, along with an exhilarating experience when your horse wins a race. Many imagine it to be a costly enterprise, however, this need not be the case. Whether it’s a whole horse or a share of a horse, there is an opportunity for anyone of any age to become a racehorse owner and get involved in racing.

 

The basic types of ownership are:

 

Sole Ownership: the sole owner of a racehorse receives all the returns and rewards, but is also required to meet all the costs involved.

 

Partnership/Syndication: The costs and returns/rewards are divided equally between the shareholders (up to 50 people).

Lease: Leasing a racehorse does not require an initial outlay to purchase the horse. The horse will run in the leaser’s name and he/she will meet the training fees and associated costs as well as receiving prize money won by the horse. In return the horse owner is entitled to a negotiated percentage of all stakes won (commonly 1/3 of the prize money).

When choosing a racing stable it is important to make sure that it has a good trainer behind it. But you should also consider where your horse will be trained, wether your horse is likely to enjoy the training and exercise surroundings, and most importantly if it is given every opportunity to win races.  

Unfortunately, not all horses have the ability to compete and win at the top level. But there are many levels at which you can participate, and knowing your investment limitations is the first step in purchasing a racehorse. Horses can be purchased privately or through a public auction. Dennis can assist you in purchasing a thoroughbred racehorse in any of these ways.

Dennis also spends a great deal of time working out the right race for your horse, and travels considerable distances to give your horse the best possible chances to earn a profit for you. Because getting winners is definitely at the top of the list when owning a racehorse.

Dennis W. O’Leary Racing Stables has an opening for any owner interested in becoming involved in his stable, whether you are an experienced owner or new to racing. So if you are thinking about buying a horse and becoming an owner, please don’t hesitate to Contact Us.

No one can guarantee winners, but if you have a horse in training with us you can be assured we will do everything we can 

to help it achieve its full potential.