Racing Club Financial Update

Here’s an update to where the clubs stands financially as we kick off the Hawthorne Meet. This updated account of our financial position includes Great Bam’s September earnings in addition to September training expenses and August and September vet bills.

Here’s a closer look at the numbers:

Racing Club Balance 8/31 – $19,959.22

Earnings:

Great Bam Second Place Finish (9/3) – $2,340

Total Racing Club Earnings – $2,340

Expenses:

Great Bam Day Rate (30 days at $60 per Day) – $1,800

Great Bam Pony to Post – $25

Trainer Fee to Clay Brinson for Great Bam (9/3) – $234

Jockey Fee to Nik Goodwin for Great Bam (9/3) – $117

Equine Retirement Fees – $2

Great Bam Dentistry (9/5) – $85

Great Bam Shipping Bill to Illinois – $350

Illinois Racing License – $25

August Veterinarian Expenses:

Great Bam

Raceday Medication – $95

Electrolytes, Vitamins and Enzymes – $147

Thyroid Medication, Joint Lubricants and Supplements – $195.32

Lovely Tak

Raceday Medication – $40

Electrolytes, Vitamins and Enzymes – $110

Thyroid Medication, Joint Lubricants and Supplements – $382.26

High Spirit

Raceday Medication – $115

Electrolytes, Vitamins and Enzymes – $120

Thyroid Medication, Joint Lubricants and Supplements – $381.66

September Veterinarian Expenses:

Great Bam

Electrolytes, Vitamins and Enzymes – $27.45

Thyroid Medication, Joint Lubricants and Supplements – $88

Total September Training and August and September Vet Bills – $4,339.69

Total Remaining Balance – $17,959.53

Best of luck in the race on Saturday! Let’s hope for a win.

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5 thoughts on “Racing Club Financial Update

  1. Add some win money to that total.. Great performance by Great Bam fun to hear the cheers at the racebook as he pulled away.

  2. Does it cost the same for training a 5000 claiming horse as a 50000 stakes or allowance horse ? Also once a mare becomes a broodmare is it possible to go BACK to racing ?
    Thanks for the photo info.

    • Training is generally going to cost the same regardless of horse.

      However, each trainer is going to have a different rate (and typically those with a larger percentage of stakes horses in the barn are going to charge more).

      It is possible, although not common for a broodmare to return to racing. Horses have a gestation period of nearly one year. Therefore, by the time you lay a horse off to be bred, have her foal, take care of her foal and then return to training, you’re likely nearing two years of time between races. That’s a lot to ask.

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