Quote:
|
Originally Posted by Cannon Shell
at $50 per day and 120 horses that is over $2.1 million for those horses alone. And that is before vets, farm salaries, shipping, workmans comp, purchase prices, maintenance and other expenses at the farm, etc. An operation done semi-right of that size with a farm would cost $4-5 million. He ran 2247 horses last year so you can pretty much double all the figures since with a 120 horse operation it would mean his horses averaged close to 19 starts each. He states in the Paulick article today he had 450 horses last year at one time. The day he had 450 horses at say $50 a day it was costing him $22000 a day without the other expenses factored in. That is around 8 million in expenses without regard to one cent of purchase price.
|
You can't argue the general to the specific and vice versa. I have no idea what this guy does, but would imagine his expenses are not near 50.00 a day per horse unless he is stabling every horse at the track (which he is not) and further have no idea what he pays his program trainers to run them. Slot money is gargantuan with respect to traditional models...Obviously he'd be losing his shirt running 5k races for 7500 like here in Tampa, but 4x + purses are crazy and certainly pays for the balance of the ones that don't pan out or, unfortunately, drop dead.