What are the expenses related to maintaining a race horse?
In addition to the purchase price of the horse, there are monthly costs. This includes, but is not limited to, daily training, vet bills, shoeing, equipment rental, along with racing costs such as shipping, paddock fees, etc.The monthly cost for a horse in training ranges from $4,000 to $5500 month. Please note that these are estimates and the actual costs can vary depending on who trains the horse, number of vet bills, etc.Vet work is essential in this business and most be done to ensure we have a competitive horse with others in the class.