Onwards and Upwards!
We have compiled some FAQ’s to give an insight into our business and passion: racehorses.
A: Prices of racehorses range dramatically dependent on many factors, and David is happy to discuss your budget and options with you. If you wanted to buy a yearling or a racehorse as a sole owner it would cost a minimum of £8,000-10,000. If you had classic Derby winning aspirations then you would need to consider spending into six or seven figures to increase your chances of success. David’s personal recommendation, to achieve the best value for money, is to spend between £20,000 and £80,000 on a racehorse. If those prices are out of your budget then it is possible to enter into a partnership or syndicate which divides the costs of racehorses by two, three, four, 150 or more! For more details about ownership, please click here.
A: All included, it will probably cost you something between £20,000-25,000 per year, although this is dependent on factors which include: how many times the horse runs, where they are run and how healthy they are. Call David to discuss your specific requirements and he will be able to let you know the exact cost of keeping racehorses in training.
A: Purchase and training costs are subject to VAT, however, where racehorses are sponsored you will be able to claim the VAT back on both purchase price and training costs. Call David to discuss VAT liabilities and sponsorship opportunities.
A: There are a number of public auction sales all year round in England (mainly Tattersalls in Newmarket and DBS in Doncaster for flat horses) or abroad (Goffs/Tattersalls in Ireland, Arqana/Osarus in France, BBAG in Germany, Keeneland/Fasig-Tipton in America). However, David has many contacts with stud farms in both England and France so he can also buy racehorses privately to suit your needs. Contact David to discuss what you’re looking for and he can provide assistance with your purchase or recommend a reliable bloodstock agent.
A: The purchase of a racehorse cannot be considered an investment, per se. Horseracing is a dynamic and entertaining sport but you should not be reliant on regaining any of the money you spend on it – the return on expenditure is, on average, 26% in Great Britain but clearly this is subject to a number of variables. Owning racehorses is fun and a brilliantly exciting way to meet new people who share your passion, giving access to a land of dreams that not many people are fortunate enough to explore.
A: When it comes to racehorses, David’s attention to detail, professionalism and expertise mean that every horse in his care will achieve its true potential, whatever it may be. David is also a horse breeder, so his knowledge of pedigrees is excellent – a significant asset for a trainer. Besides David’s considerable experience and superior capability in training racehorses, the facilities he trains from are outstanding in terms of diversity, efficiency and practicality. David is also very approachable and welcoming so your experience as an owner will be both professional and fun!
A: David will register you as an owner, you will be asked to choose your own racing colours (silks) and choose a name for your horse. You will be welcome in the barn to visit your horse whenever suits you (subject to appointment) and observe its progress on the gallops. Once he considers that racehorses in his care are fit, the excitement begins and David will talk you through your options, selecting suitable races and a jockey.
A: David was born and raised in France and has an in-depth knowledge of the French programme book. Running racehorses in France is certainly possible, although David prefers to get to know the horse before guaranteeing this.
A: It goes without saying that David is an expert in the field of racehorses – he knows what he’s looking for in a winner – however he is not a tipster and what is released in the press is all you will get from him.
If you have further questions about David Menuisier’s work with racehorses, please call us on 07876 674095