Racing Club Financial Update

Here’s an update to where the clubs stands financially as we enter November. This updated account of our financial position includes Great Bam’s October earnings in addition to October training expenses and October vet bills.

Here’s a closer look at the numbers:

Racing Club Balance 9/30 – $17,959.53

October Earnings:

1st Place Finish (10/6) – $6,600

1st Place Finish (10/27) – $7,500

Total October Earnings – $14,100

October Expenses:

October Training (31 Days @ $60 per day) – $1,860

Great Bam Shoes 10/5 – $125

Jockey Fee to Seth Martinez 10/6 (10% of $6,600) – $660

Trainer Fee to Clay Brinson 10/6 (10% of $6,600) – $660

Jockey Fee to Seth Martinez 10/27 (10% of $7,500) – $750

Trainer Fee to Clay Brinson 10/27 (10% of $7,500) – $750

Pony to Post (10/6 and 10/27) – $50

Groom Bonus for the Win (10/6 and 10/27) – $100

Win Photos for Jockey – $24.04

October Veterinarian Expenses:

Raceday Medication – $45

Electrolytes, Vitamins and Enzymes – $90

Thyroid Medication, Joint Lubricants and Supplements – $439.95

Total October Training & Veterinarian Expenses – $5,553.99

Total Remaining Balance – $26,505.54

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17 thoughts on “Racing Club Financial Update

      • JD – Great question. This is above our level of knowledge… Jeff and I will try to get some information on the issue as we don’t have any idea as to the typical protocol.

      • After consulting with Dr. Hovda of the Minnesota Racing Commission, here is a better answer to some of the questions.

        First, there are several forms of EHV-1 – abortigenic, respiratory, and neurologic. Typically, racehorses are vaccinated againt the respiratory form. They receive this as a two dose vaccine as yearlings or two year olds and then yearly after that. Some folks vaccinate every 6 months, especially in close confinement or with lots of travel.

        Sadly, there is NO vaccine for the neurological disease and this is why racetracks or barns are quarantined. The best defense against the neuro form of EHV1 is simply taking temperatures 2 times a day as the temp typically rises 2 days before the onset of signs. If the temp goes up there are some effective anti-viral vaccines that can be used to stop or moderate the progression of the disease.

  1. That brings up a question…..what vaccines do they regularly use in the racehorses as well as de-worming. I’ve never seen a charge for vaccines or de-worming before. Wouldn’t you think it would be easier to vaccinate routinely against EHV as well as strangles, etc. since the horses are constantly coming in contact wtih other horses as well as being shipped from place to place?

      • After consulting with Dr. Hovda of the Minnesota Racing Commission, here is a better answer.

        There are no “rules” mandating vaccinations for racehorses and, seemingly, the level of participation varies by each trainer with some fully vaccinating, others partially vaccinating and some forgoing it all together.

        All trainers should vaccinate, however, because they lose valuable days once a horse is sick as it takes several weeks for them to recover.

        AAEP core vaccines include:
        a. Eastern and Western Encephalitis virus
        b. Tetanus
        c. West Nile Vaccine
        d. Influenza

        Other suggested vaccines include:
        a. Rabies
        b. Strangles
        c. Potomac Horse Fever and Clostridial vaccines only if endemic area

  2. Can we get an update of how Bam came out of his last race? Is Clay still going to look for a step up to a allowance race for the next race.

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