There are many ways to enter the racing industry. People like Graham Wylie for example have made a fortune from Sage Computers and has thrown millions at his trainer friend Howard Johnson. There is no way that Graham will ever make a return on this money and only time will tell if he stays in racing for the long term.
Unlike football you can't buy
your way to success in this game. There are too many horror stories of
horses that cost millions becoming flops. Conversely there are as many
stories of horses costing very little making it big time.The first question that you should ask yourself is.
"Why do I want to become an owner?"
If you answer these
questions honestly then the following table will help you get the best
out of being an owner. (Click on the hyperlinks for further information )
| Question | Cost in Yr One | Chances of Success | Where to go |
| I am in it for a bit of fun! | £250 | High | Join a
Racing Club / Syndicate |
| I am in it for a bit of fun and I want to have the status of an owner at the lowest possible cost | £5,000 | High to Medium | Join a
Racing Partnership |
| I have a bit of money spare and I want the dream of a big winner | £50,000 | Low / Need to get lucky | Find a
Trainer and become an owner |
| I have a great deal of money and I want to own the Derby winner. | £500,000 (Upwards) |
Buy a lotto ticket | Find a
Bloodstock Agent |
| I want to have a gamble | Who Cares? | Medium | Find an Obliging Trainer |