Spreadsheet shows all yearlings average return

[captaintreacherous]

If you take all the cost of yearlings on the US and Canadian market for 5 years.     


and after 1 year as 2 year olds thru 5 year olds

the stats show only 63% of the aggregate amount

will be earned back via purse money.


e.g.     The Punisher Stable is in the hole for

$11,000,000 and counting...


The "inventory " of horses the $11 Mill covers certainly

has some residual value.....but training and maintenance

as well as vet, shipping ,staking adds substantially

reduces any income earned via purses.


Looks like you need $5 Million -$30 Million to play

the game longterm...



e.g.  Burke Brigade


While trainer Burke takes home a nice salary...

the  financiers of the operation may be less fortunate.


The cost of inventory and training/insurance/shipping/vet

puts a major dent in the bottom line.


A recent survey of Tbred owners has shown a staggering

91% Lose $ overall.

With the standardbred a guesstimate is 40% are even

or in the black while 60% in the red.


But.....Having a Stakes winner is what it is all about.


Many will pay dearly for the luxury of owning a

top racehorse.


5 of 6 Yearlings fail to pay their bills/cost.


So bottom line....enjoy the ride.....and have your

wallet ready and fully stocked.






xxx

[G]

This was a great post! You need to have money to own horses for sure.

[captaintreacherous]

Racing is primarily for the rich...

The $3000 $4000 and $20,000 claimers are the

ones that actually made the races that cost

substantially more as yearlings...some up to $200k 300K 400K

and more and have nowhere to go except try and sqeeze

out a few $ on the track to maybe get in the black

month to month before being "retired".

Stakes horses?

Only 1 in 25 reach that rarified stature.

Bottom line...a break even or loss is inevitable..

[Trigger]

 

[wiggles44]

Michaela won’t like seeing this Mike

[G]

Michaela won’t like seeing this Mike

[Brown jug]

it all changes if you are lucky enough to get a stallion
for example punisher 11/harris now have brandon blvd
that will change the spreadsheet significantly

[Kenny]

If you take all the cost of yearlings on the US and Canadian market for 5 years.     


and after 1 year as 2 year olds thru 5 year olds

the stats show only 63% of the aggregate amount

will be earned back via purse money.


e.g.     The Punisher Stable is in the hole for

$11,000,000 and counting...


The "inventory " of horses the $11 Mill covers certainly

has some residual value.....but training and maintenance

as well as vet, shipping ,staking adds substantially

reduces any income earned via purses.


Looks like you need $5 Million -$30 Million to play

the game longterm...



e.g.  Burke Brigade


While trainer Burke takes home a nice salary...

the  financiers of the operation may be less fortunate.


The cost of inventory and training/insurance/shipping/vet

puts a major dent in the bottom line.


A recent survey of Tbred owners has shown a staggering

91% Lose $ overall.

With the standardbred a guesstimate is 40% are even

or in the black while 60% in the red.


But.....Having a Stakes winner is what it is all about.


Many will pay dearly for the luxury of owning a

top racehorse.


5 of 6 Yearlings fail to pay their bills/cost.


So bottom line....enjoy the ride.....and have your

wallet ready and fully stocked.






xxx

And most of the money they do "earn" is funded by government handouts.  Do the math without that money.

[Pacer 2]

Burke makes a fortune     

[Brown jug]

kenny, no need to do the math
the money is there so that's all that counts right now

[Kenny]

kenny, no need to do the math
the money is there so that's all that counts right now

No, that is not all that matters. That is money that could be used to cut the taxes of the general population.

[Grandstand Handicapper]

And most of the money they do "earn" is funded by government handouts.  Do the math without that money.

There's zero need to calculate that. It's real money. They receive it. What's your point?

[captaintreacherous]

Brandon Blvd as a stallion....yes.. .sure

(150) Mares @ $5000 or $7000

70% get in foal approx so say 105 x 5k/7k

so that is $500K Annually a year out ..

Deduct that from the $11,000,000 ....

The interest on $11,000,000 is almost $500K


Soon they will have 50-100 horses in the stable...

costing $30-100k Monthly..

When u have $500 mil it really doesnt matter

Race for the glory and buy $500,$600 $800 K yearlings

soon the bottom line on inventory will be $20 Million

then $30 Million..

Virtually impossible to recoup these types of numbers

in this Industry...

and they have done well in my opinion..

Very tough game to show a profit for the owner

It is more entertainment for the rich and always has been.

The public has left the building years ago...

The aging demographic speaks volumes..

The young crowd has little interest in any racing beyond

the Kentucky Derby and Belmont....

Most have never heard of the Little Brown Jug or

The Metro Pace..

The yearling market is exciting but a relatively

small group of say 100-125 "Buyers" buy 80%

of the Yearlings...with their stakes payments keeping

the races going.

The sport is characterized by dwindling crowds,

and the honest trainers being forced out by the cheaters

that have become so prevalent in the sport..

Not sure where we are headed...but there could be

trouble on the horizon when decoupling is passed.

[Brown jug]

kenny please stop, you are killing me
like the small amount that goes to harness racing is going to make a difference to a country with 350 million people  that is $36 trillion in debt
just enjoy he business/hobby

[JT]

kenny please stop, you are killing me
like the small amount that goes to harness racing is going to make a difference to a country with 350 million people  that is $36 trillion in debt
just enjoy he business/hobby

We know Kenny 
You've told us all 1,000,000,000,000,000,000,000,000 times