Horse Racing Ownership Question

[BigdaddyQH]

Hs anyone in here been involved with Thoroughbreds as an owner? An associate of mine and I are looking into a possible 250-300K investment as owners only. We know something about horses, other than wagering on them. The funds would go to purchases, yearling sales, and claims. It would also be used for boarding, shipping costs, entry fees, and all the other fees associated with the sport.

We are hoping to break even in 3 years time. We have a tentative list of Trainers, Stables, and even Jocks. My associate may buy property so we can board the horses ourselves. We would be HQ'd on the West coast, and look for the tracks in Northern and Southern California to run at, along with Turf Paradise in Arizona.

Any thoughts, suggestions, or other comments would be greatly appreciated.

[Mike2220]

for that ammount you would probably have to buy into a partnership, your talking about over that ammount you would like to pay... ...You should look into various barns first

[beattheracetrack]

Save your money. I've owned horses for years.

Breaking even is an ambitious goal. I have a wall full of very costly pictures. It is easier to bet on them and make believe you own it. Less headache and you can limit your losses.

Here is a link to my greatest success. Great day.

http://www.claimingcrown.com/history/07results.htm

The $100,000 Toyota Claiming Crown Tiara Stakes
Unplugged, ch. m., 5, by Untuttable - Nesian's Dancer, by Sovereign Dancer
Owner: J. D. Racing Stable, LLC
Trainer: Paul G. McClelland
Jockey: Corey Lanerie