There are two ways you can obtain a horse, which are:
If you wish to purchase a yearling, the best way is to contact Pyne
Gould Guinness who run the national sale
which is held in February/March of each year. If you wish to purchase a horse, which
is already racing or in
training there are a number of agents who can give you advice. Details of the agents
can be obtained by phoning
HRNZ on (03)964-1200.
This option means you are able to “lend” a horse for racing
purposes from its owner for a percentage of its
race stakes (normally between 10 and 20%). This option means you don’t need to
have any funds up front.
Once you have decided what type of
ownership you are going to be part of, you need to be aware of the
costs involved.
Listed below are the basic costs to have a racehorse trained.
These are not actual costs but are based on average.
North Island—$30–$35 per day ($9,000 per year). Average
monthly cost $1,000
South Island—$20–$25 per day ($6,750 per year). Average monthly cost $750.
Although it varies from horse to horse, depending on their ability and racing schedule,
most horses will be
in work for around nine months of the year.
Note: The main reason for the difference in price is the extra cost of
feed in the north due to transport charges.
Acceptance fees— Some clubs charge acceptance
fees to enter a race. The cost of these depends on the
stake of the race.
Shoeing— Every four to six weeks your horse will require a set of
shoes that cost around $50.
Veterinary services— From time to time you will need to have the vet
(horse doctor) visit your horse. Costs
are dependent on what problems there are.
Transportation— When a horse gets to trials and ultimately racing
stage it will need to be transported from the stables to the track. How much this
will cost will depend on how far you have to travel and whether you use a public
transporter or private (ie, your trainer).
Set of hopples $200 (approximately)
Horse cover $150
HRNZ change of ownership fee $60
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