Becoming an Owner
 
Read, Watch, Talk

With an early morning breeze at your back and the sun rising through the trees you enter the barn to see your newly acquired racehorse. As you look in his stall he lifts his head to look right at you and points his ears straight up acknowledging your arrival. Gently you reach out your hand to pat him. He makes a playful friendly gesture with his head and continues to eat. At that very moment you realize just how peaceful and graceful this animal really is.

There is no bigger challenge or reward than owning your own racehorse. Owning a racehorse can be great fun, quite rewarding, and with a little luck it can be profitable too.

Taking that first step to ownership may seem intimidating - but it is not. There are many different ways to ownership; sole ownership, yearling/mixed sales, claiming, partnerships and syndicates, are just some of the options.

Success in the horse racing business is viewed as a team effort. You need to build a strong team around you and your horse. That team includes a trainer, driver/jockey, caretaker/groom, veterinarian, and of course a very classy owner - you. The success you will have in racing will depend on a little luck and the makeup of your team.

To make sure owning a racehorse is exactly for you please make sure you:

READ - as many industry publications and materials as you can.

WATCH - Attend the races, watch the owners, trainers, driver/jockeys and everyone in action.

TALK - talk to people around you and in the industry. Contact the organizations below.

Why doesn't every one own a racehorse? Let's make it perfectly clear that there are many pros and cons to racehorse ownership. A racehorse is like a small business, there are revenue sources and there are expenses. Make sure you have a full understanding of these before making your decision.

There is nothing more thrilling than cheering your horse to victory. Just picture you and your family standing in the winners circle with your prize investment.

The Alberta horse racing industry welcomes all new owners. For further information please contact:

THOROUGHBRED:

STANDARDBRED:

QUARTER HORSE:
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