There is an
ownership option to suit all budgets. See below details on what costs to expect
when you become an owner.
vary from trainer to trainer. Daily rates range from €45 to €70 per day per
horse. On average training fees in
Ireland cost €1,700 a month and generally include basic additional costs.
is wise to get a break down of costs from your trainer to include daily
training fee and any additional costs such as farrier, veterinary, gallop fees,
transport, race day expenses, etc.
Where to source your horse is obviously one of the first
decisions a new owner will make. Many owners look to their trainer for guidance.
There are a number of options when sourcing a racehorse:
There are options to match almost any budget.
Check out our source your horse section for further explanation on these
At the time of registration with Horse Racing
Ireland (HRI), a minimum lodgement of €500 (€1,000 for clubs & companies)
is required to keep a working balance in the account.
This initial lodgement covers your registration fees and
leaves funds in your account to cover the cost of your first run.
as an owner with Horse Racing Ireland (HRI) you will have access to a personal
HRI customer account to manage your daily racing activity such as entries and
prize money distribution. The HRI customer account system is called RÁS.
can view all transactions processed through their account, search historical
records or print off statements etc.
more information on the RAS system contact Client Accounts on +353 (0)45
Race entry costs
vary depending on the value of the race however on average it costs approx.
€350 to enter a race. If a horse is balloted from a race you will be returned
your entry and declaration fee and obviously you will not be charged a jockey
**Higher charges apply for
pattern, group and listed races.
#Subject to VAT 13.5% if the jockey is VAT registered
The minimum total prize fund for any
race in Ireland is €10,000. The prize fund increases depending on the type of
race. Prize money is allocated to connections up to 6th place. On average 70%
of owners win prize money in Ireland.
a more detailed breakdown on prize money allocation see here.
Find Out More