In order to achieve a smooth and timely sale consider the following points:
An off the track Thoroughbred may be sold for anything between $700 and $3,000 however many are given away to good homes. A horse with a higher price tag will have quality breeding lines with attributes that appeal to equestrian pursuits such a good temperament, strong jumping ability, exceptional movement or a special presence. An injured horse will attract a lower price as it will typically require rest and veterinary care.
When selling a retired racehorse it’s best to set a price that will reduce interest from knackeries and abattoirs. $700 is generally a suitable minimum.
The more information provided about a horse the more likely the ad will catch the eye of the right buyer. Below is a list of what should be included:
Finding A Buyer
The first port of call when looking to rehome a racehorse is the stables. Trackriders, jockeys, stablehands and trainers may want the horse for themselves or know a potential buyer. If that is unsuccessful, try posting an advertisement online. There are plenty of facebook groups and popular websites where a horse can be advertised free of charge or for a small fee. These include:
Horse enthusiast groups on facebook can also be a smart place to sell your horse. They include:
Under section LR114 of the Local Rules Of Racing a horse owner must take reasonable steps to find a suitable new home where welfare is assured and the match is appropriate. Retiring racehorses are not suitable for inexperienced handlers and riders as they are typically young, green and can be unpredictable. The wrong match can result in injury or worse. Future owners of retired horses have protections under consumer law and potentially common law. It is therefore important to provide information about the horse that will assist them to make an informed decision about owning and managing the horse.
This information may include, but is not limited to:
Not all potential buyers will be competent horse owners. They may not adequately understand the risks associated with handling or riding a horse or may overestimate their ability to manage a horse freshly off the track. In your efforts to re-home the horse, clearly state it’s only suitable for an experienced home and question the buyer about their experience prior to releasing the horse into their care. Keep records of your interactions with potential owners so you can demonstrate you took reasonable steps to find a suitable home.
Horses require a huge investment of time and money to ensure their ongoing welfare. When considering a home, ask the potential owner to satisfy you that the horse will be kept in accordance with the Code of Practice for the Welfare of Horses.
The Racing NSW Re-homing A Racehorse Form assists both parties to document the process and show the suitability of the match has been considered.
What do you do if you can’t find a home?
If reasonable attempts to re-home an NSW Thoroughbred have been unsuccessful, the horse may be eligible to be surrendered to Team Thoroughbred NSW. They should meet the following acceptance criteria: