New Owners

Becoming a racehorse owner opens the door to an exhilarating world of thoroughbred racing. Whether through sole ownership, partnership with others, or joining a syndicate, owning a racehorse allows individuals to experience the thrill of the sport while gaining valuable insights and forging lasting connections within the racing community.

How Much Does it Cost 

Trainer Fees: In regions such as Alberta, trainers charge a daily rate, typically between $50 and $90. This rate covers:

Staff: Assistants, grooms, and exercise riders
Care Costs: Feed, bedding, vitamins, and supplies
When not in active training, horses might rest on a farm, with rates around $20-$40 per day.
Additional Monthly Costs:

Blacksmith: $40-$100
Veterinarian: $200-$1,500
Dentist: $75
Chiropractor: $75

Trainer & Jockey Commissions: Trainers and jockeys earn a percentage of winnings—10% each for first-place, with lower percentages for other places.

Syndicate Opportunities