To those who love horse racing, owning a racehorse is one of the best investments they can make. Being able to participate as an owner in their biggest passion ensures they are even closer to their sport.
Here is a look at some of the pros of owning a racehorse and why it may be something to consider in the future.
Prize Money
As an owner of a horse, you win a share of the prize money that it wins in its career. This can be significant if your horse enters lucrative races. For example, the Grand National at Aintree is the world’s most famous steeplechase. When I Am Maximus prevailed in the race in 2024, he landed £500,000 in prize money for his success.
Prize money is not just given to the winner of a race, in most horse racing contests a prize is given to the four horses that cross the finish line. If you are smart with your entries, you can ensure you have the best chance of making a return from your race.
Hospitality and Raceday Experience
As an owner on a race day, you are given access to the owners and trainers’ lounge at the racecourse. You will enjoy a complimentary meal provided by the racecourse, and you will have the best view of the action.
These tickets ensure you have a great race day experience, especially if you are fortunate to have a runner at one of the premier racedays in the UK, such as Ascot or Cheltenham. At meetings like Royal Ascot and the Cheltenham Festival, there is a huge demand for tickets. You will not have to worry about securing admission, as your owners’ badges will ensure your spot at these meetings is secured.
Can Be Affordable with Syndicates
One of the things that puts some people off owning a racehorse is the cost. You are responsible for the trainer fees, travel costs and race entries. However, this can be affordable if you join a syndicate where you pay a monthly fee to be involved. You can buy shares in a racehorse today from as little as £34 with RaceShare. These include horses on the Flat and over Jumps, and they are trained by some of the leading trainers in the sport, such as Charlie Johnstone and William Haggas. You also still get many of the benefits that come with owning a racehorse.
Behind The Scenes Experience
As a horse racing owner, you get the opportunity to go behind the scenes in the sport. On a race day, you will be granted access to the parade ring to get close to the horses as they saddle up ahead of their race.
Depending on where your horse trains, you may also be able to watch your horse in training. You will see how they prepare for races and be involved in the decision-making when it comes to your horse’s career.
Good luck if you decide to get involved in horse racing ownership, and hopefully it proves to be a big success for you.