Elf On A Shelf
...
It's not about the money it's about the prestige.
Your average GN runner will be at least 8yo so will have been in training for 3-4years previous. Thats 16-18k a year training fees minimum. Say the horse runs 5-6 times a season so that's entry fees, jockeys fees, transport, lads exspenses et al to pay for. so we are talking 300-500 a race on average. None of this includes vets fees or shoes by the way. Then you get the National entry itself. I think it's £400 for the initial entry and at each declaration stage you pay moreand I think it racks up to 4-5k you pay from start to finish to be in the National itself. So by the times your horse lines up you have spent over 100k to get it there. The prize pot to the winner is 500k but the trainer, jockey and stable staff get their cut so the owner is left with about 400k. So, if all things go well and your horse breezes through training and wins the race as an 8yo then you are 300k up. But then how much did you buy the horse for? If the horse runs in the race from 8-12yo and finally wins at 12yo then you really don't get much profit at all.
Scary money when you put it onto paper. Most owners just want to have a runner in the race and for it to jump round and return home safe. Nothing more.
Your average GN runner will be at least 8yo so will have been in training for 3-4years previous. Thats 16-18k a year training fees minimum. Say the horse runs 5-6 times a season so that's entry fees, jockeys fees, transport, lads exspenses et al to pay for. so we are talking 300-500 a race on average. None of this includes vets fees or shoes by the way. Then you get the National entry itself. I think it's £400 for the initial entry and at each declaration stage you pay moreand I think it racks up to 4-5k you pay from start to finish to be in the National itself. So by the times your horse lines up you have spent over 100k to get it there. The prize pot to the winner is 500k but the trainer, jockey and stable staff get their cut so the owner is left with about 400k. So, if all things go well and your horse breezes through training and wins the race as an 8yo then you are 300k up. But then how much did you buy the horse for? If the horse runs in the race from 8-12yo and finally wins at 12yo then you really don't get much profit at all.
Scary money when you put it onto paper. Most owners just want to have a runner in the race and for it to jump round and return home safe. Nothing more.