Costs should be broken down into two:
a) The Purchase Price of the Horse – this can vary hugely, but generally start at around the £2,500 mark and can increase upwards to in excess of £20,000. Clearly spending more should increase your chances of getting a real good one but a number of top class pointers and hunter chasers have been successfully bought for between £5,000 and £10,000.
b) The Running costs of keeping a horse in training and racing – there are a number of different constituent parts to the running costs:
Training fees – this varies greatly from trainer to trainer (approximately £120 to £240 per week)
Vets bills and Blacksmiths bills
Transport to and from the races
Gallop fees (often these are included within the training fees)
Entry fees for races – point to points cost approximately £20 to enter
Registration fees *
* You can Point-to-Point in non registered colours, however, if you plan to run horse in a Hunter Chase the colours will need to be registered.
The Training fees normally are the main cost but it would be worth running through this list bit by bit with your trainer so you can properly budget your expenditure.