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Click ‘Get Form’ to open the Agreement to Train and Race Thoroughbred Racehorses in the editor.
Begin by filling in the date of the agreement and the names and addresses of both the Owner and Trainer at the top of the document.
In Section 1, list each horse's name, age, color, sex, and Jockey Club Registration Number as required.
Proceed to Section 2 to specify the monthly payment amount for training services and ensure you note when payments are due.
In Section 3, review Trainer's duties regarding horse care and training; this section outlines their responsibilities clearly.
Complete Sections 4 through 22 by providing necessary details about expenses, insurance, indemnification, and any other relevant information as prompted.
Finally, ensure both parties sign at the end of the document to validate the agreement before saving or sharing it.
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How much does it cost to train a thoroughbred racehorse?
There are approximately 800 licensed Thoroughbred trainers in California. Their rates will range from $45 to $80 per day. Rates are generally higher in the South. It is up to you, as an owner, to determine the trainers care program that best fits your needs.
How much money does the trainer get for winning the Kentucky Derby?
How much do the winning owner and trainer earn? While exact splits might vary, typically the owner of a Kentucky Derby winner receives 80% of the purse, leaving 10% apiece for the winning jockey and trainer.
How much does a horse owner get for winning a race?
For example, if your horse wins a $10,000 race the winning share of the earnings are $5,000, and 5 percent for the trainer and driver ($250) each will be deducted. The owner will be sent a check for $4,500. On a typical racing program, between 80 and 100 horses will be entered, with 55 of them sharing purse money.
How much does a trainer get for winning a horse race?
Q - What does the trainer/jockey receive out of the prize money? A - The owner receives 75% of the prize money the remaining 25% is split between the trainer 10%, the jockey 10%, stable staff and racing charities 5%.
How to train thoroughbred racehorses?
A few essentials at this stage include: Aerobically train your horse daily. Practice riding your horse at different speeds every day. Raise your horses stamina by performing a weekly breeze. Increase your horses speed gradually by slowly increasing the distance they run until you match that of a race track.
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In general, trainers require an owner pay them 10% of all purse money earned. However, some owners pay their trainer the same percentage of purse money that the jockey receives; in other words, 10% for first and 5% for second and third.
What is the training routine for a racehorse?
The weekly exercise regime in the peak of the season usually consists of fast gallop work twice a week, steady trotting and cantering the rest of the week, with Sunday often a rest/quiet day depending on the schedule of races planned for each horse.
Related links
Training Young Horses: The Science behind the Benefits - PMC
by AA Logan 2021 Cited by 42 Horses which enter race training at two years of age are, in fact, found to have greater earnings and longer race careers.Read more
Say Neigh to Handshake Deals: An Economic and Ethical
by K Coulter 2025 Part I of this Note discusses the use of contracts in Thor- oughbred racehorse sales in the United States, with explorations of implied warranties, expressRead more
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