Frequently Asked Questions
Chances are that if you’re reading this, you have the interest and curiosity about horse racing ownership to make you an HRC partnership candidate. With Horseplayers Racing Club, it doesn’t matter if you’re brand new to the racing game or an experienced owner, we provide the format for you to participate in all the fun and excitement of the full race horse ownership experience without the full cash outlay or risk involved. Basically, you can have all the thrills, fun and excitement at a fraction of the cost. In many cases, our loyal partners invest in several partnerships, enjoy racing action several times a month and are still paying several times over less that someone who plunked down thousands to buy one horse.
No doubt, horse racing is a risky business and not for the feint of heart. If you can’t afford the risks associated with race horse ownership at the partnership level, we suggest you enjoy all this great sport has to offer as a racing fan or horseplayer and save your money for an ownership opportunity down the road.
Why Horseplayers Racing Club?
We are committed to bringing you a rewarding race horse ownership experience. Our partnership offerings are designed to be affordably value-based, packaged to offer high excitement with reduced risk (when compared to one-shot, high priced horses), professionally managed by an experienced team and supported with reliable communication, financial reporting and race day facilitation.
We encourage you to shop around, check our partner testimonials, talk with current partners and look at our success. We’re confident your experience with HRC will exceed expectations.
How much does it cost?
Most of our partnerships are structured in the $250-400 range for 1% ownership in a two horse packages and usually includes a few months of pre-paid training expenses. If the partnership bank account runs low, partners are charged monthly assessments based on the actual cost of board, training, veterinary and farrier services, transportation, etc. While costs greatly vary depending on where the horses are racing, monthly expenses typically range between $1,200 and $2,800. As an example, if you own one share (1% ownership in two horses) and both horses are in training, monthly assessments might average $40 per month for a mid-level track and that’s assuming the horses aren’t earning any purse money.
We send a quarterly financial statement that tracks, by month, purses and bonus monies earned, outgoing expenses and partnership account balance. At the end of the year, our CPA sends partners a K-1 partnership document for tax filing. For those you using a public tax preparer or tax preparation software, you’ll find that including this statement to your tax return is a snap.
Where will my horses run?
Horseplayers Racing Club will have partnerships in several states and be looking to expand into areas where there’s interest. Horses will primarily run at racetracks in the area the partnership was formed. Horses may be shipped elsewhere during the off season or to chase higher purses or advantegous racing opportunities.
We offer horse racing partnerships in Washington and Oregon with racing at Emerald Downs and Portland Meadows; horse racing partnerships in Arizona for racing at Turf Paradise and Yavapai Downs; horse racing partnerships in California for racing at Santa Anita, Hollywood Park, Del Mar, Bay Meadows and Golden Gate Fields; horse racing partnerships in Illinois for racing at Arlington Park and Hawthorne; and horse racing partnerships in Texas for Lone Star Park, Retama Park and Sam Houston Race Park.
If you are interested in racing or breeding partnerships elsewhere, we would love to hear from you!
How involved will I be in the race horse ownership experience?
It all depends on you. As an HRC partner, you’ll receive an update every time your horse has an official workout, is entered or races. You’ll also receive frequent updates before and after these key events. Feedback is always invited and your opinion and preferences on various racing and breeding topics are always welcomed. Partners are invited to join us for workouts and races, but attendance is purely optional.
When can I see my horses?
We set up barn visits and farm visits so you can visit your horses and talk with our trainers. If these pre-arranged sessions aren’t convenient, we can often set up individual visits with you at a mutually agreed upon time, whether it’s to watch a morning workout or visit the barn before or after races. At most visits (except days when the horse is racing), you can feed them carrots or apples. Most horses love visitors and will play up to get your attention.