Ed, thanks for stopping by. Every situation is different. We'll move individual horses from one program to another at times if it does not appear that they are thriving. One had allergies so we moved him from the California to New York and the horse won 4 races and hit the board 11 out of 19 tries on the NY stakes/allowance ranks. Sometimes trainers want to go in a different direction, which was the case with Kiaran who wanted to focus more on one of his key clients and get his stable down to a more manageable number. If we enter a new region, typically we'll seek to add a proven local trainer.

John, good question. We pay comparable day rates to industry averages and what other prominent owners pay top trainers. No discounts for multiple horses.

Terry, thanks for checking out my blog. All our offerings are partnerships of groups of people who each purchase a fraction of the horse, usually 10%. A minimum investment amount in our partnerships is normally $8-$10k, depending on the inventory we have available in the spring. Once our horses turn 3, a racehorse costs close to $60k a year to keep in training at a NY racetrack. A partner is responsible for their pro-rata share of expenses if the horse is not earning purse money to pay for itself.

Appreciate the question Jason. The majority of the time that would be for a piece of one horse at the lower range of price points.