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Tuesday 23 August 2011

7 Things You Ought to Know Before Buying a Racehorse

A racehorse trainer could tell the potential racehorse owner volumes about buying and owning a racehorse. The endeavor could be either fun and financially rewarding or heartbreaking if the horse has not earned much or has gotten injured. Horses are living creatures and are just not able to be predictable all the time. People who want to buy a racehorse should keep seven things in mind.

Is a Racehorse in the Budget?

Even the upkeep of a jade ridden for pleasure isn’t inexpensive. A racehorse, in addition to food and a place to live, needs racehorse trainer, a jockey, a farrier (person who knows how to make and fit horseshoes) and a qualified veterinarian. You have to get and pay for the right permits and adequate insurance. Racehorses also have travel expenses as they move from one racecourse to the other over the season.

Pedigree

Someone who is looking to own a racehorse needs to know the stock it comes from. Can I see the bloodline? Who sired it? Does the General Stud Book contain a listing for them and for their lineage? What are the names of the horse's siblings, whether they are full or half? Has the horse been winning at the race track?

The Horse’s Conformation

Seabiscuit ran with a strange, eggbeater action for a horse, but despite this he was a great champion. Different horses may not adjust for mistakes in a similar way. If possible, the potential buyer needs to see the horse run around several laps.

What Sex?

Is the owner willing to take a chance on a filly? Some fillies have been brilliant, of course, and Falmouth and Ribblesdale Stakes, among other races, are open only to fillies. Would the owner like a gelding, which will not be able to collect stud fees if he proves to be championship material? It is possible to buy several horses from the same exact lineage but it does not guarantee that each will be a champion.

On What Track Will the Horse be Raced?

Some horses do well on flat racing courses like Epsom or Doncaster. Other horses excel at National Hunt races, such as Cheltenham, or mixed race courses, such as Folkestone or Kempton Park. When the owner determines he wants to enter the National Hunt race they should make sure their racehorse trainer is ready to prepare for it. If horses do not like to jump or are afraid to do so, nothing will persuade them to take that leap.

How Willing Are They to Keep a Horse That Doesn’t Win?

To put it differently, how long will an owner keep a horse that is not paying its own way?

What Do They Plan To Do With the Horse After Retirement?

A horse will only race for a few years at best. Horses can survive for up to thirty years, and while champions, both male and female can be moneymakers, not all horses are suitable for breeding. Is the owner going to keep them on private property, sell them to someone who loves horses, send them to a slaughterhouse or another place or give them to a charitable organization?