The horse market fluctuates with the economy, time of year, part of the country, age, gender and pedigree of the horse, etc. However, it is possible to find a quality horse for $5,000 to $15,000. Typically, for $15,000 to $20,000, you could purchase a racing prospect with outstanding blood lines, conformation, and potential.
Even on the high end, over $20,000 (which would include a stakes winning horse) investing in a quality Arabian race horse costs much less than the same quality Thoroughbred.
Training costs can vary widely depending on the trainer, part of the country, and whether the horse is at the track or on a farm. Generally, costs will be less on the farm. Included in the daily training fee are feed, bedding, grooming, and exercise. Fees for the farrier and veterinarian can vary dramatically. The following estimates are meant only as a guideline.
On the Farm | At the Track | |
Training | $25 – $45 per day x 31 dys | $45-$60 per day x 31 dys |
Farrier | $25-$40 trim every 4 wks. | $100-$135 shoes every 4 wks. |
Vet care | $0-$75 Routine per month | $100- $350 routine per month |
Misc. fees | $25-$125 | $50-$200 |
Monthly expenses | $825-$1635 | $1,645-2,545 |
Racing is a gamble, but with ever increasing purses, there is also an increased opportunity to make money. If you are getting involved in racing only to make money, you would be wise to invest your money elsewhere. Most people are involved in racing because they love Arabian horses and the sport, and they enjoy the thrill of watching their own horses compete.