Horses are evaluated using a disciplined process that considers:

• Pedigree and genetic profile

• Physical conformation and athleticism

• Racing potential within the New York circuit

• Value relative to market opportunity

Final selections are made in collaboration with experienced horsemen and professional trainers.

NYRA consistently provides some of the highest purses in North America, especially within state-bred programs.

Benefits include:

• Elevated purses for New York-bred races

• Restricted NY-bred stakes with less competition than open company

• Large fields and consistent racing opportunities

• High visibility at Saratoga, Belmont Park, and Aqueduct

This means NY-breds often run for more money against fewer competitors.

New York’s breeding and racing programs provide multiple financial incentives beyond purse earnings:

• Owner awards

• Breeder awards

• Stallion and mare incentive programs

• Residency bonuses

• Starter and placement awards

These programs significantly increase total returns per start compared to most other states.

Wadhams Thoroughbred Racing primarily competes on the New York Racing Association (NYRA) circuit, including:

• Saratoga Race Course

• Aqueduct Racetrack

• Belmont Park

Horses may also ship to select regional tracks when strategically appropriate.

Purse earnings are distributed according to industry standards:

1. Jockey and trainer percentages are deducted

2. Remaining earnings are distributed to owners pro rata based on ownership share

All distributions are handled transparently and documented.

Short answer, Yes. However racehorse ownership should be viewed primarily as a sporting and experiential pursuit, not a guaranteed financial investment. While earnings are possible, outcomes vary, and there is inherent risk. Participants should only commit funds they are comfortable allocating to a lifestyle and entertainment experience.

Initial buy in depends on the valuation and % amount of the racehorse.

After the initial buy in, generally speaking; a 5% stake on a racehorse costs about $3,400 per year. However costs can vary depending on unexpected veterinarian/blacksmith/farrier fees etc:

At WTR, all costs are clearly disclosed prior to participation, and ownership is structured to remain accessible while maintaining professional standards.

Yes. Racehorse ownership includes recurring expenses such as:

• Training and daily care

• Veterinary and farrier services

• Transportation and racing fees

Expenses are shared proportionally among owners based on their ownership percentage.

Yes. Owners are encouraged to:

• Attend race days

• Access the paddock and winner’s circle (when permitted)

• Visit the barn by arrangement with the trainer

Ownership is designed to be an immersive experience.

Ownership interests are generally transferable, subject to approval and applicable agreements. Specific terms are outlined in the operating agreement provided prior to participation.

Ownership typically continues for the racing career of the horse. Decisions regarding continued racing, sale, or retirement are made in the best interest of the horse and ownership group.

Upon retirement, options may include:

• Sale

• Breeding (when applicable)

• Retirement to a suitable aftercare program

All decisions prioritize the horse’s welfare and are communicated clearly to ownership.

Wadhams Thoroughbred Racing operates independently but competes under NYRA rules and regulations, maintaining full compliance with all racing and ownership requirements.