What it costs to own a Standardbred
How much you spend, is completely up to you. You can spend as little as $5 a day to have a racehorse ownership experience!
“You never think they will earn that sort of money. Not even the people who buy good horses think they will win this sort of money; you just hope they will be good for you. It’s just the dream.”
The cost of a racehorse - less than what you think
Horse racing is often thought of as an expensive sport. You’ll be surprised to discover that owning a Standardbred is more within reach than you may have initially thought
1) In WA, an average training fee is between $50-70 a day depending on the class and location of the trainer. If you own 5% of a horse in a stable that charges $60 per day, you would expect to pay $3.00 per day – the cost of a small coffee.
2) Farrier fees can range between $120-150 per horse. This involves a trim and new shoes to keep the hooves protected and sound.
3) Vet fees will depend on the health requirements of your horse and can differ per month. Your trainer will explain to you what is required or recommended.
How much does Standardbred Ownership cost?
Use our Ownership Calculator to find out the approximate cost of ownership.
While the estimate includes typical costs outlined underneath the Calculator, it excludes variables such as major nominations and additional veterinary treatments required. The cost estimate generated is indicative only and due consideration should be given to your specific circumstances. A guide for the cost of owning a Standardbred: