The internet is a great resource for those who want to learn about new opportunities. Owning a racehorse is beyond the scope of many people, but racehorse partnerships are bringing this thrill within reach. By going online, those who want the excitement that come with 'the sport of kings' can learn about what is involved, the risks and rewards, and the legalities.
An 'owner' has many privileges denied to the average race fan. They also incur the heavy costs of keeping a horse at the track and competing in races. There will be farrier and veterinarian fees, jockey and entry fees, and costs for insurance. Daily care requires the services of a trainer, groom, exercise boy, and perhaps hot-walker. There is also the feed, hay, and bedding. All of this adds up to forty or more dollars a day, depending on track and quality of racing.
As an owner, an individual can visit the backstretch, or stable area, which is off limits to all but licensed personnel. The barn area is fun to see, all bustle and hurry during the morning exercise hours and perfect peace in the afternoons. Horses are either taken to the track by an exercise rider or a jockey or walked by hand around the shed-row or on a mechanical walking machine. Grooms clean the stalls, brush the horses, and wrap their legs with bandages. Trainers oversee everything and spend hours reading the racing form, checking out the competition and selecting races for their charges.
Owners also get free admission to the clubhouse and grandstand, can enter the paddock, and can be in the win picture if their horse crosses the finish line first. Talk about a great wall decoration. This is the crowning touch to it all.
Go online to find information on race horse partnering and opportunities to join top stables. All kinds of racing - thoroughbred, harness, and quarterhorse - are open to investors. Often horses offered are already racing - a great advantage, since many horses don't get that far - and earning money. Both claimers - horses put up for potential sale as a condition of entry - and stakes horses, which run for big purses, are offered.
Those who are looking for an investment with monetary returns often have shares in many horses, which spreads the risk like a mutual fund does in the stock market. Others know that the real returns are in entertainment and being on the inside of a historic and exciting sport. The dream is what racing is about, although fabulous fortune and enduring fame are always possible.
Trustworthy partners, good management at the top, and a clear, written agreement are vital to success. Partners may fail to pay their share or want to sell out, so remedies for this sort of scenarios must be established in writing. This protects the interests of all partners.
There is a lot of information available about both the sporting side and the legalities of horseracing partnerships. This is an exciting way to have a lot of fun, if everything is correctly structures and operated.
An 'owner' has many privileges denied to the average race fan. They also incur the heavy costs of keeping a horse at the track and competing in races. There will be farrier and veterinarian fees, jockey and entry fees, and costs for insurance. Daily care requires the services of a trainer, groom, exercise boy, and perhaps hot-walker. There is also the feed, hay, and bedding. All of this adds up to forty or more dollars a day, depending on track and quality of racing.
As an owner, an individual can visit the backstretch, or stable area, which is off limits to all but licensed personnel. The barn area is fun to see, all bustle and hurry during the morning exercise hours and perfect peace in the afternoons. Horses are either taken to the track by an exercise rider or a jockey or walked by hand around the shed-row or on a mechanical walking machine. Grooms clean the stalls, brush the horses, and wrap their legs with bandages. Trainers oversee everything and spend hours reading the racing form, checking out the competition and selecting races for their charges.
Owners also get free admission to the clubhouse and grandstand, can enter the paddock, and can be in the win picture if their horse crosses the finish line first. Talk about a great wall decoration. This is the crowning touch to it all.
Go online to find information on race horse partnering and opportunities to join top stables. All kinds of racing - thoroughbred, harness, and quarterhorse - are open to investors. Often horses offered are already racing - a great advantage, since many horses don't get that far - and earning money. Both claimers - horses put up for potential sale as a condition of entry - and stakes horses, which run for big purses, are offered.
Those who are looking for an investment with monetary returns often have shares in many horses, which spreads the risk like a mutual fund does in the stock market. Others know that the real returns are in entertainment and being on the inside of a historic and exciting sport. The dream is what racing is about, although fabulous fortune and enduring fame are always possible.
Trustworthy partners, good management at the top, and a clear, written agreement are vital to success. Partners may fail to pay their share or want to sell out, so remedies for this sort of scenarios must be established in writing. This protects the interests of all partners.
There is a lot of information available about both the sporting side and the legalities of horseracing partnerships. This is an exciting way to have a lot of fun, if everything is correctly structures and operated.
