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Old 12-20-2011, 07:32 PM   #1
BeatTheChalk
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How much does it cost to keep a high class horse in training ?

Two year old good prospects. 3 year olds who look like they can run and
be something. And older horses who can still run in top class events. Thanks
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Old 12-20-2011, 07:33 PM   #2
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Originally Posted by BeatTheChalk
Two year old good prospects. 3 year olds who look like they can run and
be something. And older horses who can still run in top class events. Thanks
it cost exactly the same as cheaper ones if you do a good job.
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Old 12-20-2011, 08:21 PM   #3
Brogan
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it cost exactly the same as cheaper ones if you do a good job.
Yeah, what he said.
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Old 12-20-2011, 08:35 PM   #4
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85 - 100 a day for good trainer that keeps them on poly at KEE until the knees close.
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Old 12-20-2011, 08:51 PM   #5
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85 - 100 a day for good trainer that keeps them on poly at KEE until the knees close.
who in gods name trains baby's in keeneland this time of year? in case there is a person that does, what king of a nut would pay $100 to train them on synthetic surface in the cold weather where you are going to miss more training days than you are going to train?
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Old 12-20-2011, 10:04 PM   #6
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Originally Posted by lamboguy
who in gods name trains baby's in keeneland this time of year? in case there is a person that does, what king of a nut would pay $100 to train them on synthetic surface in the cold weather where you are going to miss more training days than you are going to train?
There are a lot of owners out there with more money than sense and are perfectly content to pay full training fees to have their horses walk the shedrow for a couple of months.
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Old 12-20-2011, 10:21 PM   #7
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Originally Posted by lamboguy
who in gods name trains baby's in keeneland this time of year? in case there is a person that does, what king of a nut would pay $100 to train them on synthetic surface in the cold weather where you are going to miss more training days than you are going to train?
Usually they start 1st of March with the babies, we have quite a few soon to be 3 yr old still at Keeneland.
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Old 12-21-2011, 01:52 AM   #8
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Breaking a young horse is where you should start, to get that high class horse. If the person you send the yearling to isn't hands-on or "program trains" every single one you're going to lose out. Every horse is different and it takes a different schedule for him/her to "learn the racing ropes".

It will cost about $75-100/day once at the racetrack. Add between $300 and $2,000 per month for veterinary work, depending on the following factors 1) your vet, 2) your trainer, 3) amount of problems, etc. If you got a high class horse then you're talking stakes so add in transport costs and nomination fees so you're talking upwards of $50k.

My claimers cost around $25-30k on an annual basis to keep in training. And I don't hold on to them long.
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Old 12-21-2011, 02:19 AM   #9
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The more valuable they are the higher the insurance premium too.
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Old 12-21-2011, 05:12 AM   #10
lamboguy
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The more valuable they are the higher the insurance premium too.
years ago, my partner picked out and bought a soon to be champion at a keeneland sale. he brought the horse home to ocala, broke and trained him. the horse would up winning the hopeful and champagne stakes as a 2 year old but was runner up that year in the eclipse award back in 1981 to a great horse Deputy Minister. this was about the time i hooked up with Tony Everard.

Timely Writer wound up winning the Flamingo and Florida Derby as a 3 year and was the kentucky derby favorite. the owner's of the horse wound up insuring him for $6 million. the horse coliced and was lucky to live but missed the tripple crown series. he came back in the fall in new york and snapped his leg and had to be put down.

http://www.hanknuwer.com/timelywriter
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Old 12-21-2011, 09:06 AM   #11
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The more valuable they are the higher the insurance premium too.
You would be amazed at the number of people who do not insure their horses.
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Old 12-21-2011, 10:15 AM   #12
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You would be amazed at the number of people who do not insure their horses.

We never did, costs were out of control as is. It truly is The Sport of Kings.
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Old 12-21-2011, 10:29 AM   #13
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We never did, costs were out of control as is. It truly is The Sport of Kings.
The agents make a lot of money on those policies $200k of insurance cost about $12k a year.
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Old 12-21-2011, 10:32 AM   #14
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Quote:
Originally Posted by BeatTheChalk
Two year old good prospects. 3 year olds who look like they can run and
be something. And older horses who can still run in top class events. Thanks
I have always gone by the $3k a month cost per horse who is in training wnether it is a 2 year old or a 9 year old. This includes the day rate, vet bills and an additional $500-$600 in misc costs.
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Old 12-21-2011, 10:53 AM   #15
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You would be amazed at the number of people who do not insure their horses.
I have had over 100 young horses over the years and have never insured any of them. Years ago I lost one while training at Kee and recently lost one at a training center in LA where I owned only 10% in a Partnership. IMO it only makes sense to insure if you have only 1 or 2 horses and paid top dollar for them.
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