Little Red Feather Racing Blog

How do Training Expenses Work with an LRF Horse Racing Partnership?

2 minute read
It’s one of the most frequently asked questions we receive and for good reason. Understanding the risks and exposure is important when evaluating any investment. Owning a share in an LRF horse racing partnership comes with two expenditures. The initial share price to purchase the horse and upkeep/expenses. All partners pay all expenses from “Day 1”, no matter when you purchased your share of the racehorse. While this may seem like a daunting task, with LRF’s ...

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LRF Cares is Formed to Help Retired Thoroughbred Partnership Racehorses

2 minute read
Horse Racing Partnerships First Charity Designed to Care for Partnership Horses After Their Racing Careers. I am so excited to announce the formation of LRF Cares, a 501(c)(3) charitable organization which will provide aftercare for horse racing partnership horses and other noteworthy causes. The first goal of LRF Cares is to make sure every Little Red Feather horse, whether they ...

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I Don't Understand..What are the Different Types of Races in Thoroughbred Horse Racing!?

2 minute read
  If you understand the above photo, this blog is not for you. However, if you're like the other 99% of the world, you need someone to explain why there are so many different types of races in thoroughbred horse racing!   The easy answer can be summed up in one sentence - thoroughbred horse racing gets its revenue from gambling and gamblers bet on races that are evenly matched.

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Seriously, How Much Does It Cost to Buy a Racehorse?

3 minute read
In last week's blog, we discussed the cost it takes to keep and train a thoroughbred racehorse. However, as you might have guessed, there is another - sometimes substantial - cost when entering the Sport of Kings and that is the actual purchase price of the equine athlete.

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Seriously. How Much does it Cost to Own a Racehorse?

2 minute read
Early this morning at the gym, a professional athlete asked me what I did for a living. When I told him I was in the horse racing business, he responded - as most people do - with “REALLY? WOW! VERY COOL! DO YOU KNOW BOB BAFFERT?” After this exchange, the very next thing out of his mouth was, “I heard it’s like $20,000 a month to keep one of those. Expensive right? Seriously, whether you own singularly or invest in horse racing partnerships, how much does it ...

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What is the Condition Book in Thoroughbred Horse Racing?

2 minute read
 

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Top Seven Complaints People Make After Investing in Horse Racing Partnerships

3 minute read
Investing in a horse racing syndicate makes the barrier of entry into the world of horse racing far less daunting. These partnerships like Little Red Feather Racing, do most of the heavy lifting while you, the investor, may sit back and enjoy the ride. Inevitably however, there will be mistakes made along the way as you find out which partnership is right for you. Listed below are the top seven ...

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How do Thoroughbred Partnerships Pick a Jockey for Their Racehorses?

3 minute read
Horse owners or the general partner of thoroughbred partnerships face an important decision before every start.  Who do you choose to ride your horse?

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Is Investing in a Thoroughbred Racehorse a Tax Write-Off?

2 minute read
Owning a racehorse can be the most exciting investment you will ever make. But, it is first and foremost an investment. If treated like the business that it is, the IRS affords many of the same protections as investing in real estate or other business ventures.  Below is a basic guideline to whether you can write-off your investment in horse racing partnerships like Little Red Feather Racing or West Point Thoroughbreds.  For a more thorough ...

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How Do I Buy the Best Horse at a Racehorse Auction?

5 minute read
Next week - May 26-28 - we're (Little Red Feather Racing) headed to my favorite place on earth, Del Mar, CA, to the first ever Barrett's two-year-old in training sale at Del Mar. On the sales grounds are roughly 150 two-year-old racehorses that will go through the sales process - a breeze on Tuesday, physical inspections on Wednesday, and ...

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