Top Five Tips for Owning a Race Horse
Owning a race
horse can be affordable and rewarding if you follow these tips…
Tip 1: Racing Is Thrilling
main reason to
participate in the sport of Thoroughbred racing is to safely elevate
of excitement in your life on a regular basis.
Imagine watching a wall of race horses (like the photo above) flying
turn and into the stretch. The drumming sound of their hooves
the ground intensifies like thunder rolling across a distant
a furlong to go, your runner emerges from the pack accompanied by
another. As the two battle head-to-head for the lead, the crowd
into a frenzy. Cold chills tingle up the back of your neck.
of uncontrollable emotion rushes toward you. With every
stride you call out, impulsively urging your runner toward the
“Come on! Come on!”
The personal value of extraordinary racing moments like this cannot be
overstated. And, when participating in a group that owns a
race horse, this kind of jubilant adrenaline rush is often possible.
Tip 2: Look For The Right
are many options
out there to participate in the sport of Thoroughbred racing, and you
find the one that works best for you. In the future, I’ll
articles about the particular ins and outs of breeding, selling, and
When it comes to assessing your options, first you have to decide what
willing to do. If you like to call the shots, then sole ownership
you need. If you’re looking to make money, then the sales
side of the
business is likely the direction you should go. And, if you want
action, then a racing venture is what you probably want to consider
if you’re just starting out).
No matter what you decide to do, keeping any of these operations going
yourself will be a lot of work, and with that in mind, most people
have the time (or energy) to do it all by themselves. As such, to
the more immediate thrills of the sport and the energizing camaraderie
others, being part of a racing group is usually the best bet.
Tip 3: Understand The Costs
like there are
different ways to get involved, there are also different spending
which you can participate.
All options (breeding, sales, racing) have the participation prices set
on what other people think the estimated future returns will be and the
competitive ability of the talent going forward in each race. If
focus is to breed, sell, or race horses to compete at the highest
then the prices you pay will reflect the potential earnings of the
sell or acquire. If you’re willing to participate at a
lower level, then
the prices should typically follow suit.
Unless your pockets are deeper than a bottomless pit or you have a
established from which you can make money in all operational areas, the
sporting venture is to buy racing talent at the lowest possible price
hopes of seeing it blossom into a high caliber race horse. (More
in a future article.)
Tip 4: Fun In Many Forms
you’ve made up
your mind about the type and level at which you wish to participate,
time to get involved in the sport.
For beginners, participating in a racing group (or partnership) is one
best options because you’ll receive most of the benefits of sole
a lot less effort and at a fraction of the cost. Partnerships
instant involvement and typically offer a pre-packaged gameplan based
on an established
racing strategy that’s ready-made so you can literally go out and
horses in action.
The pinnacle of the action is always the race; but a variety of other
activities are also available to energize your soul and build up
satisfying anticipation before your horse makes his way to the
These activities include farm and training center visits, going to the
area at the race track, watching your horse during morning workouts,
attending events and parties hosted by the racing group for the
and their families to enjoy.
Tip 5: Ownership Is
develop and learning about the partnership's strategy over the course
racing campaign is just as intriguing as the racing itself.
Horses have unique personalities, varying temperaments, and different
competitive abilities that create intriguing possibilities for the
own them. Trying to figure out what suits your horse’s
ability is determined through training and a series of races.
develop quickly, while others take time to settle into a racing
Getting to know what works best for your runner will teach you that
horse to race is just as much of fine art as it is a natural science.
Then there are the processes that take the sport to the next
sponsored gaming. The licensing protocol, the types of races
offered at each track, and the standards for entering races adds to the
interesting dynamic before the horses spring from the gate. And,
day, the fluctuating odds on the tote board, the handicapping tips, and
different wagering methods gives the sport a tantalizing mystique that
fans into a seemingly carnival-like atmosphere.
Stay Tuned (for future
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Each month we'll dive deeper into the categories that shape the sport
Thoroughbred racing and the best ways to become part of the action.
Mojo Thoroughbred Holdings, LLC (which conducts its horse
racing operations as Mojo Racing Partners) was founded in 2006 to give people a Smart,
Affordable, Fun, and Educational (SAFE) opportunity to participate in
the sport of Thoroughbred racing. Fred Taylor, Mojo's CEM says: "Our
Concept is designed to offer
our participants a lifetime of Win/Win experiences, and our Mission is
to be the most affordable racing group in the U.S."
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