Thoroughbred costs

Racehorse Ownership: More Affordable Than You Think

Horse racing might seem like a luxury sport—but owning a share in a racehorse is surprisingly accessible. In fact, the cost can be similar to everyday expenses like:

• A daily coffee
• A weekly lotto ticket
• A monthly gym membership
• A yearly streaming subscription

That’s the kind of budget you might expect when part-owning a racehorse.

Breaking Down the Costs

Every horse is unique, and costs can vary—but here’s a general guide to help you understand what’s involved:

• Training Fees
  Covers feed, stabling, and daily care. In WA, this typically ranges from $70–$100/day.
  Own 5% of a horse in a $70/day stable? That’s just $3.50/day—about the price of a small coffee.
• Farrier Fees
  Horses need new shoes every 4–6 weeks. A full set costs $150–$180.
• Veterinary & Health Care
  Includes routine check-ups, supplements, and any necessary treatments. Your trainer manages this and keeps you informed.
• Transport & Agistment
  Covers travel to races and rest periods in paddocks (typically 4–6 weeks per year).

Monthly Snapshot

A racehorse in full training costs around $3,500–$4,000/month.
Own 5%? That’s roughly $190/month.
Split that with friends, and it becomes even more manageable—plus, you’ll share in 5% of any prize money won!

Syndicate Options

Prefer a set monthly fee and someone to handle the logistics?
Many syndicators offer fixed-cost packages, making budgeting simple and stress-free.

Can you spot the jockey? The rise in popularity of syndication is booming in Australia. More and more racing fans are joining a syndicate to share the buzz of the occasion, and thrill of the win with friends and family. This way owners can pay less per month for their horse but still enjoy exclusive access and 100% of the thrills.

Almost 40 years after completing high school at Aquinas College a group of class mates had joined forces to get behind exciting sprinter, Red Ora.

Red Ora was bred by Mungrup Stud’s Gray Williamson who races the gelding with a bunch of ex-students from the class of 1979.

The deal was sealed at a reunion in Albany and the group’s involvement had stunningly exceeded their wildest dreams. Red Ora retired from racing with 10 wins and over $670,000 in prizemoney and bonuses. His biggest wins included the Listed Bunbury Stakes, Listed Scenic Blast Stakes and the Magic Millions 3YO Trophy.

Use our ownership calculator to estimate your expenses.

Please note that these costs are estimates only. While the estimate includes all the typical costs outlined underneath the calculator, it excludes major nominations and additional veterinary treatments required. The cost estimate generated is indicative only and due consideration should be given to your specific circumstances.