Ownership Privileges - Thoroughbred Racing Nation strives to offer co-owners of partnership horses an ownership experience that is as similar to owning horses on their own as possible.

We provide partners with open access to their horses and schedule meetings with trainers to enable co-owners to bond with their horses and learn about the industry. We also provide regular communications about each horse’s progress, development and plans.  Our comprehensive website includes photos and sometimes video’s of horses, newsletters and continuous email communications help to keep everybody fully apprised of their horses’ status, and seminars offered help you to understand horses and the industry.

We’re always available to lend our personal insights on the horses and further your personal racing education as needed. 

Racetrack Privileges - Many of our co-owners cherish the time they get to spend with their horses during morning workouts, in the barn, or at the farm.  We encourage our clients to visit the horses, meet the trainers, jockeys, and other professionals who work with their horses and enjoy the behind-the-scenes happenings of Thoroughbred racing.  With ownership in a Thoroughbred Racing Nation horse in training, you will have full access to the stable area, complimentary admission passes, paddock privileges and more.

Website - Thoroughbred Racing Nation's website, tbracingnation.com, is continuously updated with information and photos of our horses, with news, and the latest racing and breeding developments.  Weekly email bulletins keep you in the loop on everything about your horse.

Club Membership - Thoroughbred Racing Nation co-owners are invited to join all the activities and events offered by our affiliate, the Louisville Thoroughbred Club.  Whether it's exciting travel adventures to top races and Thoroughbred attractions, racing celebrations and meetings with Thoroughbred racing's top celebrities, participating in seminars, contests, betting syndicates, or enjoying the Club's newsletters and library, you'll the find camaraderie and spirit of Thoroughbred Racing Nation unmatched. Click here to learn more about the Louisville Thoroughbred Club.

Financial Reports - Thoroughbred Racing Nation provides co-owners with reports and statements detailing income and expenses for their horses at any time upon request and at least annually.  Each co-owner also receives a quarterly statement of their stable holdings and an annual K-1 Form to reflect their involvement in each horse.

As romantic and beautiful that Thoroughbred racing and horses are, Thoroughbred ownership is not for everyone.  There's high risk, high emotion, and high excitement and with those highs comes the inevitable lows.  Thoroughbred racing can be an emotional and financial roller coaster, and if you want to experience the highs you must also be able to accept the inevitable disappointment when your horse doesn't meet your expectations

Partnerships help to make Thoroughbred ownership affordable but overall investing in racehorses for the sole purpose of making a profit is an unsound idea, and oftentimes a horse owner will not recover the money he invests.   Yet, while there are significant risks, there are also opportunities to realize meaningful financial success.

Thoroughbred Racing Nation co-owners have multiple opportunities to earn a return on their investments including:

* Purse earnings from racing

* Sale of horses as race horses

* Sale of horses as breeding prospects

* Sale of foals out of partnership mares

* Breeders incentive awards

The Initial Investment

At Thoroughbred Racing Nation your initial investment covers the cost your horse.  Some partnerships will bundle the cost of the horse and the cost of training, care, and management for a set period of time into a single upfront investment.  We prefer to separate actual training and maintenance expenses so that it's always clear what your investments are for and how your investments are allocated.

Training and Maintenance - Race Horses In Training

The costs of racing depend on where you race, who your trainer is, and how sound your horse is.   While Thoroughbred Racing Nation operates in several states, Kentucky is our home base so here are the approximate costs associated with a horse in race training in Kentucky. 

* Trainer $70 per day ($2,100 per month)

* Vet - $350 per month

* Blacksmith/Farrier - $130 per month

* Transportation - $200 per month

* Medication/Vitamins - $200 per month

* Administration - Licenses, Tax Accountant, Communications, etc. $100 per month

On average, the cost for a horse in training will be between $$2700 to $3,000 per month.  That's $27 to $30 per month for each 1% ownership interest.  Most horses do not spend the entire year in training however, so costs are often less. 

Training and Maintenance - Yearlings, Foals, and Broodmares

The costs associated with developing younger horses and for maintaining broodmares are significantly less than for a horse in race training.  As with horses in race training the costs vary depending on where your horse is stabled and who provides the training and care.  As with racehorses, Thoroughbred Racing Nation will have broodmares and younger horses stabled throughout the country.  The following costs approximate the monthly expenses associated with the board, upkeep and training of foals, yearlings and broodmares in our home state of Kentucky.

                                       Foals      Yearlings      Broodmares

Board                              $300           $600              $600

Vet                                    $100          $100               $30

Blacksmith/Farrier           $20            $20               $20

Transportation                   N/A           N/A               $20

Medication/Vitamins        $30            $30               $30

Administration                  $30            $30               $30

Breeders Cup nomination fees for foals and stud fees for stallions mated to mares are not reflected in these estimates.  

On average the monthly cost of maintaining a foal is $500, $800 a month for a yearling, and $700 to $800 for a broodmare.  For each 1% ownership interest, that's $5 per month for a foal, $8 per month for a yearling, and $8 per month for a broodmare.

Purse Distribution

Purses earned at the racetrack are typically distributed as follows:

* First place receives 60% of the total purse

* Second place receives 20% of the total purse

* Third place receives 10% of the total purse

* Fourth place receives 6% of the total purse

* Fifth place receives 4% of the total purse

These numbers may vary slightly in different racing jurisdictions.   Based on industry standards, trainers receive 10% of any purse earnings.   Jockeys receive 10% of a winning purse, 5% of purses for finishing second and third, and a flat fee of $50 to $100 for finishing off the board.

Tax Implications

Equine investments if treated properly as legitimate business activities are recognized by the IRS as such.   You should always clarify with your own tax advisor the tax implications of investing in Thoroughbreds as they apply to you.