FAQS

Q - How do I get involved?
A - Get in touch with me by phone or email and we can either have a chat or arrange a visit.

Q - How much does it cost to buy a racehorse?
A - Anywhere from £1000 upwards, depending on what you are looking for.

Q - How much does it cost to train a racehorse?
A - It depends on what level of work the horse is in, to see the full details of our prices please follow this link to our Training Costs

Q - What other cost/bills can I expect?
A - Jockeys fees, i.e. what you are charged for using a jockey. For a Jump jockey it is £141.15 plus VAT. You then have race entry fee at £10 for the smallest race, this goes up according to the value of the race.

Q - Is it true that I can claim VAT back while owning a racehorse?
A - Yes it is reclaimable on purchase price and training fees, it can be done yourself or we can do it for you, we charge 10% of what you reclaim.

Q - How do I arrange a jockey to ride my horse?
A - I would normally suggest a jockey but if you had a set idea on somebody else it can be arranged subject to availability.

Q - What does the trainer/jockey receive out of the prize money?
A - The owner receives 75% of the prize money the remaining 25% is split between the trainer 10%, the jockey 10%, stable staff and racing charities 5%.

Q - Can I have my own colours?
A - Yes. You can choose your own set, providing Weatherbys allow them. You then have to register them and have them made. Once you own a set of colours they are yours for life, if you want to keep them.

Q - How much can I win?
A - The lowest quality race is worth about £2,000 to the winning owner, the better the race the greater the prize money. For example the Grand National is worth £400,000.

Q - How do I know when my horse will run?
A - I will keep you fully informed as to when your horse is likely to run. Race entries are six days before the race.

Q - How do I name a horse?
A - You are allowed up to 18 letters, all names are vetted by Weatherbys. You are not allowed famous names i.e. Red Rum. However you can call your horse after your company or make up any name that might mean something to you, alternatively use your horse’s pedigree to help. It is fun thinking of names!

Q - Is horseracing a good investment?
A - If you go into horseracing to make money you will be in for a shock. We have owners that have made money through having horses but they are in the minority, ownership should be viewed as a hobby, it is great fun and if you're lucky you might come out on top.

Q - How do I go about buying a horse?
A - Get in touch, we always have shares available from as little as 10% in horses that are already in our yard. Alternatively if we don't have anything that suits you we would look at horses entered at the sales to find what you're looking for. You would be welcome to attend the sales with us.

Q - Can I visit the yard to see the horse train?
A - Absolutely, we always welcome owners to see their horse at the yard as many times as they like, we think it's great for you to see all the work that goes on behind the scenes.

Q - If my horse wins a big race can I sell it for a profit?
A - Yes, quite possibly, but will you want to?

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