There are 49 replies, with the last one on Yesterday at 10:16:12 PM by 160642fishing
Taken off the net.
In response to this, an ROA survey of racehorse ownership costs has revealed data on the annual costs of keeping a horse in training in 2015.
For a Flat horse the average cost was £22,595 and for a Jumps horse the average was £16,325.
These costs include all training and racing costs i.e. training fees, gallops, farrier, transport, vets, entries, jockeys, registration fees, pre/out of training costs etc. The average cost for Flat and Jumps horses combined is £20,444 (this is after weighting results to correctly represent the proportion of Flat vs Jumps horses in training).
As Chris1Richo says it's impossible to make money out of prize money alone with costs like that,and that of course doesn't include the cost of the horse,when I was a rep I had a customer in Newmarket who rehabilitated injured racehorses as a hobby,she was obviously well connected and passed on a few winners but her favourite saying was the way to a small fortune in horse racing was to start with a large fortune.A member of our club had a share of a flat horse last season that cost £60,000,it never won a race.