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What are the expenses related to maintaining a racehorse?

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What are the expenses related to maintaining a racehorse?

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In addition to the purchase price of the horse, there are monthly costs. This includes, but is not limited to, training of the horse, vet bills, shoeing, equipment rental, and racing costs such as shipping, driver costs, paddock fees, etc The monthly cost for a horse in training ranges from $1,800 to $2,500.

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