things you need to know before you buy a race horse
TRANSCRIPT
Things you need to know before you Buy A Race Horse
Buying a racehorse is no longer just for the rich and the elite. It is slowly becoming more and common. Not only is it a one of a king experience, it will also prove beneficial for you in the long run. Buying a racehorse is not as expensive as it used to be, so, if you are thinking about buying one, you should consider a few things before you make the purchase.
Do You Have the Knowledge?
The first thing you have to do is decide whether or not you have the relevant information needed to purchase a horse. If you need help, which you will if you are buying for the first time, then get in touch with someone who knows about racehorses. The best place to go to for advice would be to a bloodstock agent or get help from thoroughbred racing syndicates. When someone has the relevant knowledge they can get you a good horse in your budget.
Decide on what You Want
Of course it is a good idea to get a racehorse, but taking care of it is very expensive. So before you buy a horse look at your options. It might be better for you, financially to become a partner with someone or pay interest in racehorse shares. That way you can get help with your expenses and have an equal share in the racehorse itself.
How to Get it
You need to know how to get a horse, if you eventually decide on getting one.
There are three main ways to purchase a racehorse. Basically, you can get a
yearling at an auction, purchase it privately or claim one at a race, depending on
your choice.
Other than that all you need to do is obtain a racing license and register yourself as a racehorse owner. Apply for your chosen colors, which your horse will wear and make it official.
BlueBlood Thoroughbreds
Phone No. (02) 9937 2000
Fax: (02) 9620 4111
http://www.bluebloodthoroughbreds.com.au/
Baulkham Hills BC NSW 2153