FAQ

How can I get involved in racehorse ownership?

Give us a call or shoot us an email with any questions you may have. There are many ways to be involved, including owning a horse outright by yourself, in a partnership with a couple other individuals or fractional ownership.

Do I have to get any memberships or a state racing commission license?

If you purchase 1 or 2% of any horse, you do not need to have a USTA (United States Trotting Association) membership or be licensed by the state racing commission. If you purchase 3-5%,  you may need to be licensed, depending on the state the horse will be racing in. Anyone owning more than 5% of a horse will need to be licensed with the state you will be racing in, plus have membership with the state horsemen's association and USTA.

How will I know what is going on with my horse?

Owners of each horse will get email updates as the horse is training down. Once racing season starts, at least two emails a week will be sent out - one detailing the upcoming race and one giving a race review. Photos and videos will be emailed to all owners and some will be posted on the website and Facebook page. And of course all owners are welcome to call or email at any time with specific questions.

How is purse money paid out?

Standardbred races are paid out as follows: 50% to the winner, 25% for 2nd, 3rd - 12%, 4th - 8% and 5th place - 5%. Some racetracks and certain races may give bonuses or pay out past 6th place.

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An automatic 5% is taken out, by the track, to pay each the driver and trainer of the horse.  For example, if a horse wins a race that goes for $5,000, the owner receives $2,250, which is:
($2,500 (50% of the purse) - $125 (5% to the trainer) - $125 (5% to the driver).

How can I make money owning racehorses?

As an owner, you will receive your pro rata share of the horse's earnings and the sale price once the partnership is dissolved due to the sale of the horse. There is no guaranteed return on investment as participation in Standardbred harness racing involves a very high degree of risk.