Browsers that can not handle javascript will not be able to access some features of this site.
Skip Navigation
Michigan Gaming Control BoardMichigan.gov, Official Portal for the State of Michigan
Michigan.gov HomeMGCB Home | Sitemap | FAQ | Contact MGCB
Printer Friendly Version Printer Friendly   Text Only Version Text Version  Share this page.
Ready to Own a Race Horse

You love horses. You love excitement. Why not bring them together and buy a race horse? It is a great investment that you can expect a continued return on and take advantage of some tax breaks. Owning a race horse has some options. The level of involvement and investment is up to you.

1. Sole Ownership - You own the horse and all of the profits are yours

2. Co-ownership & Partnerships - Groups of up to 20 people can join together in racing a horse, spreading the costs of buying and training your thoroughbred and sharing any prize money

3. Racing Clubs and Syndicates - You will have the benefit of paying a small membership fee to belong to the club and having the excitement of following a number of different horses

4. Leasing - You can lease a horse from an existing owner or breeder, during which time the horse will run in your name. You pay the training fees and associated costs and receive prize money won by the horse in return for a rental fee to the owner

Benefits of race horse ownership include:
- Buy and name your horse
- Visit your trainer to discuss the horse's program and plan its campaign
- Free parking and entrance into the race track
- Admittance into the stable area (backside of the track)
- Stand in the enclosure before the race as your horse is led around
- Legging-up the jockey
- WATCH YOUR HORSE RACE AND WIN
- Win prize money
- Never a dull moment and limitless fun

For more information on owning a race horse visit:
www.ustrotting.com
www.ntra.com


Michigan.gov Home | MGCB Home | FAQ | State Web Sites | Sitemap
Privacy Policy | Link Policy | Accessibility Policy | Security Policy | Michigan News | Michigan.gov Survey

Copyright © 2001-2011 State of Michigan