Horse racing partnerships spend millions of dollars at auctions in the hopes of creating a true market value for thoroughbred horses
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The top 10 horse racing partnerships have earned almost $15 million in 2015 while the other 44 combined earned a little over $8 million.
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With nearly $25 million in added purses and incentives paid in 2014, owning a California bred thoroughbred horse has never been more financially beneficial to those who own on their own or in a thoroughbred partnership.
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One of the biggest benefits of owning a share in a horse racing partnership is the less is more theory. Instead of owning 100% of one horse that runs maybe twice at Del Mar, why not own 10% shares in ten horses and spend the summer at Del Mar?
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As many of you know, thoroughbred horse racing today finds itself showing its age more than it probably wants to.
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Why is Mel Stute not in Racing’s Hall of Fame?
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