How much does a good race horse cost?

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.

How much does it cost to keep a horse in race training?

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


Is it possible to make money in racing?

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.