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Affordable Horse Racing Partnerships

Trainer, Edward (Eddie) J. Coletti, Jr.

Trainer, Edward (Eddie) J. Coletti, Jr.

TRAINING EXPENSES:  We always hope that a young immature juvenile in training will race a few times as a two-year old.  But the truth is, half of all two-year olds sometimes don’t start for a variety of reasons until they are three.

Assuming a worst case scenario, for those partners owning a full share {2.99%} your training expense is $800 but only every six months. For a half share investors {1.5%} it’s only $400 every six months; and for those partners owning just a quarter share {.75%} your training expense is only $200 every six months {semi-annually}.

As most owners learn, it’s not the cost of acquiring the horse that eats owners up alive in the very expensive Sport of Kings, but rather, training expenses.  If you owned a horse by yourself, even a low level claiming horse, you’re looking at paying approximately $4,000 per month.

Against All OddsThis is why partnerships such as Uptowncharlybrown Stud LLC prove so attractive to so many people.  When you own a horse by yourself you need to factor in training, veterinarian, medications, blacksmiths, therapists, equipment, shipping, etc.

At Uptowncharlybrown Stud LLC we figured out by offering 30 full shares on each horse in our partnerships, it’s a realistic way to make owning a horse affordable.  There is no better way to make training a non-factor while buying a good unraced juvenile with an upside, rather than a cheap claiming horse.

It’s never a guarantee this will happen, but when you spend modest sums on juveniles{less than $100,000; and consistently, wind up with 5 stakes horses in 10 years, we think it proves there’s just a little bit more than luck involved.

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