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Buying into a race horse and what to expect

Buying into a racehorse and what to expect

Owning a horse is much more than watching it race for a few brief minutes every now and then. If you invest in the industry and become part of its lifestyle, one thing should be uppermost in your mind – owning a racehorse is a sport, not a business.

There is nothing more thrilling than seeing your horse win, whether it is a Group One race in the city or a maiden handicap in the bush.

At Simpson Racing we are with you every step of the way, from helping you through the initial paperwork, to frequent updates, photos, owner BBQ’s, race days and much more.

What does it cost?

The initial buy in can be from as little as 2.5% of the purchase price through to full ownership, depending on your interest.

The purchase price of a horse can range anywhere from as little as $1,000 upwards, depending on the horse’s bloodlines, conformation and ability. We have a range of horses available for every budget.

For example, if you buy in to a horse with a purchase price of $10,000 at 5%, you will pay $500 upfront and approximately between $41.25 (spelling) and $175 (In work) per month.

When your horse is racing, you then receive 5% (the value of your share) of the prizemoney, which varies based on the type of race.