How Much Does A Horse Racing Trainer Make

How Much Does A Horse Racing Trainer Make Horse Trainer Job Description What does a full time horse trainer do Trainers understand the dynamics of horse racing and design workouts for both the jockey and the horse to help them succeed in this highly competitive and unpredictable world They often also provide other services such as farrier services cleaning stalls or feeding

Horse Trainer Median Salary 43 500 Salary Range 32 000 55 000 Education Required None Horse trainers prepare their charges for working in different equestrian disciplines They teach young horses basic ground manners and how to trust humans or they may teach high level competition horses polished skills of their chosen sport The purse is typically divided with 60 going to the winner 20 going to second place 10 going to third place fourth place receiving 5 and fifth place receiving 2 5 Any horse that finishes sixth or worse receives splits of the remainder 500 000 Turf Race at Churchill Downs Sources of Horse Racing Purse Money

How Much Does A Horse Racing Trainer Make

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Trainers traditionally receive a cut of the earnings awarded to horses that finish first second or third in races This money is transferred directly to them from the track s purse account Newmarket gallops it costs a trainer 140 per horse to use the facilities at headquarters Credit Edward Whitaker We ve yet to factor in rent or mortgage repayments which will vary from yard to yard but Linden Lodge Stables in Newmarket which has 47 boxes was on the market to rent for 55 000 a year which is more than 4 500 a month

As horse racing s elite saddle up for the final race of the coveted Triple Crown at New York s Belmont Stakes the sport s top trainers will face off for their share of the 1 5 million It s the question we get asked the most and here s the answer Championship quality thoroughbreds cost between 100 000 and 300 000 to purchase and about 45 000 a year in expenses Of course buying a thoroughbred is competitive and purchase prices can easily exceed 300 000 We d like to think if you have the right team

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According to statistics the average annual horse trainer salary in the US is 37 096 in 2021 That means these experts earn approximately 17 83 an hour 713 a week or only 3 091 a month Most horse trainer salaries currently range from only 17 000 to 37 500 a year Only top US experts make 55 000 annually It would cost the trainer in question 750 to get three horses from Newmarket to Beverley That s 250 per horse for a 320 mile round journey Therefore a 30 horse yard averaging 25 runners a

Apprenticing gives you a really good feel for what you re getting yourself into says Audrey Akin a hunter and equitation trainer in Georgia who started working under her own name at 18 You get to ride a lot of challenging horses young horses she says Training is a lot harder than people think The U S Bureau of Labor Statistics provides salary data for all animal trainers not just those for horses Racehorse trainers typically earn more money than trainers of other kinds of animals Median Annual Salary 29 290 14 08 hour Top 10 Annual Salary More than 55 760 26 81 hour Bottom 10 Annual Salary Less than 20 270 9 74

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How Much Does A Horse Racing Trainer Make - As horse racing s elite saddle up for the final race of the coveted Triple Crown at New York s Belmont Stakes the sport s top trainers will face off for their share of the 1 5 million