Ownership Costs

Owning a thoroughbred racehorse in Australia comes with a range of costs, both ongoing and occasional. Here’s what you can typically expect to be billed for:

Ongoing Costs

1. Agistment – If your horse isn’t in training, you’ll pay for spelling (resting) at a farm, usually charged weekly.
2. Training Fees – Charged by the trainer, covering daily care, feeding, exercise, and stable management.
3. Track Fees – Fees for using racecourse facilities during training.
4. Farrier Costs – Regular shoeing and hoof care (usually every 4–6 weeks).
5. Vet Bills – Routine care like vaccinations, worming, and general check-ups.
6. Race Nominations & Acceptances – Entry fees for races, varying by race class and location.
7. Jockey Fees – Set fees per race, plus a percentage of prize money if the horse wins or places.
8. Transport – Costs to float (transport) your horse to and from races, trials, or spelling farms.
9. Insurance (Optional) – Cover for injury, mortality, or loss of use.
10. Admin & Syndication Fees – If you own the horse in a syndicate, there may be management or admin costs.

Costs fluctuate depending on the horse's training stage, location, and level of racing.
To see an estimate of fees depending on your share in a horse, use our Cost Calculator