Getting Started

The cost of owning a race horse is relatively cheap in Kenya, in comparison to most racing nations.

Buying your Horse

Few owners sell their horses during the racing season, as a horse in training may have shown some good potential. The best way to get a good horse is to buy an un-raced Yearling. The Premier source of Yearlings is at the OBTS yearling sales held in July every year. Some 50 to 60 Yearlings are auctioned every year at the Sales which are held at the Ngong Racecourse.

A catalogue providing all relevant details of the lots on offer is available for sale some weeks in advance of the auction. Most lots on offer will carry a minimum reserve price, which is necessary to protect the Breeder who would need to recoup the cost of Breeding and upkeep prior to the sale.

Yearling prices currently range from Ksh.80, 000- Ksh.1.4 million shillings. Being an auction the price will vary, but yearlings can be obtained for as little as Ksh.100, 000.

If you are part of a syndicate you would preferably purchase two or more yearlings to improve your chances of success. Having made your purchase you may wish to protect your investment by arranging insurance cover. An insurance Broker is in attendance at the sales and will accept immediate risk at the fall of the hammer.

Join a Syndicate

Join a syndicate and enjoy the thrill of race horse ownership. After the initial cost of purchasing a horse, training fees can be as little as Shs. 3,000/- per month depending on the number of people in the syndicate.

A syndicate can be of any size with a minimum of two members. Start talking to friends now to form your syndicate for the 2012/13 Racing Season.

The joy of escorting a winner in the parade ring is probably the most satisfying part of racing and other benefits of being a member of a syndicate include:-

• Share of any prize money won by your horse
• Share of sales price if the horse is sold or stud fees
• An owner’s badge for the racing season
• Spread your risk, such as low training fees (as costs are shared between syndicate members)
• Good way of learning before making the plunge of owning a racehorse on your own and
• Above all, the excitement of watching your horse run

Enter into the world of racehorse ownership and watch your horse develop and rise to its full potential.