FAQs

There are multiple breeds of racehorses throughout the country; Thoroughbred, Quarter horse, and Standardbred/Harness Racing. We currently only support the Harness Racing industry.

Become an owner with as little as $500 a share. The more shares you buy, the bigger your winnings could be.

Blaze Racing Co. operates in a 15 month - 24 month commitment. Your share(s) will keep you involved for that duration of time. This approach guarantees we have the money to get the horse to the races and keeps you from paying monthly bills like many other fractional ownerships.

The cost of managing a racehorse can range drastically depending on multiple factors; location, purchase price, where it races, type of races, etc. We try to minimize and standardize some of those costs with our methodology.

That being said, the average purchase price of a Standardbred racehorse in the State of Ohio is approximately $30,000. The average upkeep and racing costs are around $2,000-$3,000 per month. Collectively this totals around $50,000.

Nothing is guaranteed when you are working with animals and athletes. The way in which we attempt to do it is to allow for a 2 year commitment. Getting the horse from purchase to the races and allowing it to race as a 2-year-old and 3-year-old. In the event things do not go as planned, the group is notified and a vote is taken on what steps to take moving forward.

We currently board all horses at the Warren County Fairgrounds in Lebanon, Ohio. When the horses are getting some rest and relaxation away from racing they are boarded at our partner facility, Trotter’s Run Farm in Franklin, Ohio.

We primarily race all our horses in Ohio. There are currently 4 Pari-Mutuel (Professional) tracks for Harness Racing in Ohio and 66 county fairs. The pari-mutuel tracks are located in Cleveland, Columbus, Dayton, and Monroe depending on the time of year. To see which county fairs participate view the OHHA’s website here.

This is what we are all in the business for, the winner’s circle! If your horse wins a race, anyone in attendance can join in for the winner’s photo and of course your horse wins money. After costs and overhead, owners are paid out based on investment shares. If the horse gets 2nd through 5th, they also get a check, but anything after 5th we walk away empty handed.

The purse amounts range all over the board depending on if it is a county fair or an Ohio Sires Stakes event. The average county fair purse is between $3,000 and $6,000 per race. The Ohio Buckeye Stallion Series events are $20,000 per race and the Ohio Sires Stakes races start at $40,000 each. At the end of the season there are championships starting at $25,000 up to $300,000 per race.

Harness racing is standard across the board in how much you win per race. The following amounts are what you win of the purse money:

1st place - 50%, 2nd - 25%, 3rd - 12%, 4th - 8%, 5th - 5%.

Racehorses incur different expenses throughout the year including the following:

Training Fees: this includes basic feed such as hay and grain, straw and sawdust for bedding, day-to-day care of the horse.

Equipment Costs: on occasion, we may need to purchase equipment for our horse. This could include necessities such as a blanket, cooler, bandages, wraps, halter, bridle, knee and tendon boots and other miscellaneous items.

Farrier/Shoeing Charges: every 5 weeks or so a horse needs a new pair of shoes.

Veterinary Charges: horses like people are required to be vaccinated and need periodic checkups. Some times they can get sick also which will require the use of a vet.

Stall rent: may differ based on location.

Transportation Costs: as many tracks have downsized maintenance costs, barns are no longer present at the actual place of the race. This requires horses to be shipped to and from the track on race day. This normally costs between $100-$200 per race.

Paddock Fees: to prepare the horse for each race, the services of a groom is required. The groom will put on the equipment, bathe them and return them to the stall after the race for shipping.

Turnout/Pasture Charges: when the horse is on some rest and relaxation the farm which provides the pastures for the horses to graze and play has a daily rate.

Blaze Racing Co. will provide frequent communication through newsletters, and social media to notify investors and fans of when each horse will race. Quarterly a financial update will be provided as well.

The 2 year old racing season is typically June through September. A 3 year old racing season typically from April to October. 4 year old and older may race up to 40 weeks out of the year.

Absolutely! You will be given the horse barn and stall information after investing and notified of other pertinent information as to its whereabouts. We will also provide a regular training schedule that you may watch it train on the track as weather and timing allows.

If the horse doesn’t perform in a way that it can pay its own way, a special meeting will be conducted to vote on the options. Typical options include dropping the horse to an easier type of race (which would typically be for less money or at another track), giving it some time off to heal or recover to try again at a later date, putting the horse in an auction or claims race, or selling the horse to the Amish for life on a farm.

In the first year of investing the only option to sell the shares would be to members of the current group for an agreed rate set by management which would typically be less than your initial buy-in. In years 2 and beyond, the buy-out is spelled out in the membership agreement upon signing up.

Of course owning any type of business is a risk and horseracing is no different, yet we wouldn’t do it if we didn’t have the opportunity to get a thrill and also make some money. With each share, investors will receive a t-shirt or hat of choice, be invited to private events for members only, of course a stake in the race with a horse to root for and of course the thrill when it crosses the finish line.