A partnership is a great way to learn about the ins and outs of racehorse ownership with only a fraction of the investment. Discuss with your partners about sharing the training costs through horse racing partnership.
Steven Burridge Racing Stables charge approximately S$3000++ per month for training fees. Additional costs include veterinary bills, entry fees, farrier charges and vitamins etc.
Affordability of Ownership
The Singapore Turf Club offers Singapore and overseas horse owners a Reward Incentive Scheme to lower the costs of ownership using credit rebates to offset training bills.
If your horse wins, you will receive the winning prize money, excluding credit rebates. If your horse runs ‘second’ to ‘eighth’ you will receive S$600 which will be given from The Singapore Turf Club as cashback to put towards your training costs.
If your horse runs twice in a month you could receive a terrific incentive!