Thoroughbred costs

Horse racing is often thought of as an expensive sport. You’ll be surprised to discover that owning a thoroughbred is more within reach than you may have initially thought.

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

In WA, an average training fee is between $70-90 a day depending on the class and location of the trainer. If you own 5% of a horse in a stable that charges $70 per day, you would expect to pay $3.50 per day – the cost of a small coffee.

1. Farrier fees can range between $120-150 per horse. This involves a trim and new shoes to keep the hooves protected and sound.
2. Vet fees will depend on the health requirements of your horse and can differ per month. Your trainer will explain to you what is required or recommended.

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.