Purchase Options

Now that you have your professionals assembled, the next step in building your team is the acquisition of the athlete -- the racehorse.

A racehorse may be purchased in any of three ways: through public auction, claim and private sale. You may also lease a horse in much the same way any other piece of property is leased.

There are advantages and disadvantages associated with each approach. Regardless of the approach taken, the team, whether it is you and your trainer or you and a group of advisors must work together, utilizing each member's skills in devising a strategy for acquiring the equine assets.