How Much Is a Racehorse?

How much does it cost to buy a racehorse?

Championship quality thoroughbreds cost between $100,000 and $300,000 to purchase and about $45,000 a year in expenses. Of course, buying a thoroughbred is competitive and purchase prices can easily exceed $300,000.

How much is the most expensive race horse?

Most expensive racehorse. Selling for a cool $70 million (£53.7 million) to the racehorse breeding powerhouse Coolmore Ireland in 2000, Fusaichi Pegasus currently holds the title of the most expensive horse in history.

Can I buy a racehorse?

It is possible to buy a racehorse for $1,000 or even $100,000 plus. Look over your finances and consider how much you are willing to reasonably spend. Then, add into that budget an amount for yearly care and training.

How much does a race horse make?

After monthly expenses and fees are paid, there is usually very little profit remaining for the horse owner. As an example, in a race with a purse of $10,000, the winning horse owner gets $6000. From this $6,000, the jockey and trainer fees are deducted, leaving the owner with $4800.