Indiana Standardbred Association

Racehorse Ownership

There are many ways to become involved in Standardbred racehorse ownership. Explore the options, understand the responsibilities and find the ownership structure that best fits your goals and budget.

Getting Started

Choose Your Ownership Path

Racehorse ownership can range from owning a horse entirely on your own to participating through a fractional group, partnership, corporation or lease. Each approach offers a different level of financial commitment, decision-making and involvement.

New Owner Guide

Steps To Becoming A Racehorse Owner

Take time to learn the industry, build the right team and establish a realistic budget before purchasing or entering into an ownership arrangement.

01

Research

Spend time learning the sport. Visit racetracks, attend horse sales, read industry publications, talk with owners and explore training centers.

02

Select A Trainer

Research trainers, review statistics and talk with current owners. The owner-trainer relationship is one of the most important parts of the ownership experience.

03

Choose Your Structure

Decide whether you want to own a horse yourself or participate through fractional ownership, a partnership, corporation or other arrangement.

04

Get Memberships & Licenses

Make sure you have the appropriate racing memberships and licensing required for your intended participation.

05

Determine Your Budget

Consider both the purchase price and ongoing expenses such as training, care and racing costs. Building an annual budget is a useful starting point.

06

Choose Your Horse

Decide whether your goal is purchasing a yearling, buying an active racehorse or entering ownership another way based on your goals and budget.

Before You Hire

Questions To Ask Your Trainer

? What is your training philosophy?
? What types of horses have you had the most success with?
? What is your daily training rate and what does it include?
? What additional expenses are above the daily training rate?
? How often can I expect communication?
? When can I visit my horse?
? Can I speak with some of your current owners?
Indiana

Join The ISA

Become part of the Indiana Standardbred Association and connect with Indiana's harness racing community.

Join The ISA →
U.S. Trotting

Join The USTA

Access USTA membership information and resources for Standardbred owners and racing participants.

Join The USTA →

Ready To Get Started?

Contact the Indiana Standardbred Association if you have questions about becoming a racehorse owner.