Horseracing is an excellent pastime. One interested in this sport often wonders how to buy a racehorse. The process is quite simple. An interested buyer must ascertain whether he has any knowledge on the entire purchase process or not. If one has limited knowledge on the same, a bloodstock agent will come in handy. This individual engages in the trade in question, offers advice, and recommends the best breed to buyers.
Upon getting a superb bloodstock agent, the job begins. First, one has to check maintenance expenses against his financial plan. To care for the animal, one will incur twenty five thousand to thirty thousand dollars, a thousand and two hundred dollars and between eight hundred to six thousand dollars on training, shoeing and veterinary charges respectively. Additional costs are that of getting grain, straw, and hay among other supplements for the diet that ensures the animal is excellent for tournaments.
Since the expenses are quite high, various ownership forms are open for trial. These include partnerships and syndicates. In the case of partnerships, one can never run out of options as partners are always advertising themselves to prospective members and provide a display of their animals according to performance record. To land great deals, one simply needs lots of shopping around and research on the best syndicates and partnership managers around.
Actual purchase follows ownership arrangement. This stage comes in a variety of ways namely auction, private deal, or claiming contest. A buyer gets the best animal and purchases during a competition in claiming contests. This kind of arrangement does not allow for vet inspection beforehand. Auctioning on the other hand is about forming groups namely animals in training, brood mares and yearlings.
Auctioneers normally make a list of available animals in accordance with their blood type, birth date, and family tree. Bloodstocks have no permission to inspect any animal during an auctioning event. Another arrangement is that of private deal. Here, the process is quite simple. A buyer will simply purchase directly from an owner after he has negotiated for fair prices and asked a veterinary to check the condition of the animal.
When an individual is done with purchasing, getting a trainer is inevitable. Online is a great place whereby one can get a great trainer. A couple of websites offer leads on notable trainers, their contacts, and fees. The best trainer is one who has recognition by relevant authorities and has license to operate. The professional has to show testimonials that indicate he is the best in the field before one hires him.
Racing license is another detail in the quest to get a good animal. Owners must get licensing to be part of competitions. It is wise to get in touch with authorities concerning application details, procedures, and associated fees. Then one needs to register the Thoroughbred with a good jockey club. One has to keep a copy of registration papers during competitions as the papers give leads on the name of his animal as well as its physical description.
The moment details concerning good bloodstock, budget, actual purchase, great trainer, license, and a favorable ownership method, one sets out to become popular on the tracks. This particular activity takes place by one purchasing light colored silks that is in customized patterns to act as his trademark. To get a return on investment, an individual needs to make sure his Thoroughbred is a top notch racer as big cash prizes are normally up for grabs for such performers.
Upon getting a superb bloodstock agent, the job begins. First, one has to check maintenance expenses against his financial plan. To care for the animal, one will incur twenty five thousand to thirty thousand dollars, a thousand and two hundred dollars and between eight hundred to six thousand dollars on training, shoeing and veterinary charges respectively. Additional costs are that of getting grain, straw, and hay among other supplements for the diet that ensures the animal is excellent for tournaments.
Since the expenses are quite high, various ownership forms are open for trial. These include partnerships and syndicates. In the case of partnerships, one can never run out of options as partners are always advertising themselves to prospective members and provide a display of their animals according to performance record. To land great deals, one simply needs lots of shopping around and research on the best syndicates and partnership managers around.
Actual purchase follows ownership arrangement. This stage comes in a variety of ways namely auction, private deal, or claiming contest. A buyer gets the best animal and purchases during a competition in claiming contests. This kind of arrangement does not allow for vet inspection beforehand. Auctioning on the other hand is about forming groups namely animals in training, brood mares and yearlings.
Auctioneers normally make a list of available animals in accordance with their blood type, birth date, and family tree. Bloodstocks have no permission to inspect any animal during an auctioning event. Another arrangement is that of private deal. Here, the process is quite simple. A buyer will simply purchase directly from an owner after he has negotiated for fair prices and asked a veterinary to check the condition of the animal.
When an individual is done with purchasing, getting a trainer is inevitable. Online is a great place whereby one can get a great trainer. A couple of websites offer leads on notable trainers, their contacts, and fees. The best trainer is one who has recognition by relevant authorities and has license to operate. The professional has to show testimonials that indicate he is the best in the field before one hires him.
Racing license is another detail in the quest to get a good animal. Owners must get licensing to be part of competitions. It is wise to get in touch with authorities concerning application details, procedures, and associated fees. Then one needs to register the Thoroughbred with a good jockey club. One has to keep a copy of registration papers during competitions as the papers give leads on the name of his animal as well as its physical description.
The moment details concerning good bloodstock, budget, actual purchase, great trainer, license, and a favorable ownership method, one sets out to become popular on the tracks. This particular activity takes place by one purchasing light colored silks that is in customized patterns to act as his trademark. To get a return on investment, an individual needs to make sure his Thoroughbred is a top notch racer as big cash prizes are normally up for grabs for such performers.
0 comments:
Enregistrer un commentaire