Your First Racehorse

Your First Racehorse

Your first racehorse Thoroughbred racing is described as the 'Sport of Kings'. In many ways this is misleading - in Australia at least. While the rich have certainly taken an interest in racing, participation… Read more

Incentive Schemes

Incentive Schemes Racing has never been more lucrative with state-based incentive schemes distributing more than $16 million in bonuses combined. The Queensland Thoroughbred Incentive Scheme (QTIS) is… Read more

Will Your Horse Win?

Not all horses are winners, but once your thoroughbred makes it to the racetrack, statistics show that it has a better than even money chance of winning prizemoney. Below are some facts & figures… Read more

Getting Help

Getting help If you are new to the industry, don't try to buy a horse without seeking advice. A skilled professional from Magic Millions or other recognised Bloodstock Agent or trainer will provide advice… Read more

Going Alone of with Friends

Going alone or with friends There are several ways to enjoy ownership of a horse. Sole owner All the glory, but all the cost too. As one of a maximum of ten partners Race clubs recognise up to a maximum… Read more

Buying a Yearling

Buying at auction can be just as exciting as winning a race! You will be duelling with other bidders for the horse of your choice - imagine the thrill when the auctioneer accepts your bid. More than 5,000… Read more

Average Yearling Prices

Auction/Sales Champion racehorses can come from humble backgrounds but are more likely to be found at major sales where yearlings are selected on pedigree and conformation and are considered the 'cream… Read more

Sales Catalogue

The Sales Catalogue Catalogues for major yearling sales are available from the selling agent approximately six weeks before the sale. Catalogues provide extensive details about the relatives of each yearling… Read more

Getting the Facts

Getting the facts It's easy to obtain information on the thoroughbred industry from any of the specialist newspapers and magazines on sale at most newsagents. These publish the results of yearling sales… Read more

Why Buy Australian?

Why buy Australian? Prizemoney is a key indicator of the economic health of the industry. Since 1987 there has been an increase in prizemoney of some 150%, indicating a strong and growing industry. In… Read more

What Will It Cost?

The national average does not provide an accurate indication as to the cost of owing a racehorse, as cost are considerably higher in metropolitan areas compared to those in country areas. Costs can also… Read more

More Information

For more details on buying your first racehorse, please get in touch with these contacts… Read more