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What happens when the horse is retired from racing?

April 26, 2017happens horse racing retired

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What happens when the horse is retired from racing?

1 Answer

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When it is time for thoroughbred racehorse retirement to be considered, careful arrangements for are made by Tom Gallo for where the horse will be retired, sold, or donated. Once the final invoices have been documented and the bookkeeping is complete, the LLC is dissolved and the LLC members are distributed any remaining monies, pro-rated in accordance with their ownership share. Call us at 1-877- RACE-WIN (722-3946) today or contact Us online for more information on thoroughbred partnerships! Discover how you can experience the excitement and share the fun of membership in thoroughbred racing partnerships!