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Wednesday, 13 November, 2002, 19:33 GMT
Owners dreaming of glory
Florida Pearl's owner Violet O'Leary expresses her gratitude to jockey Barry Geraghty after their victory in the 2000 Hennessy Gold Cup
National Hunt owners are passionate about their horses
Owning a National Hunt horse should be seen as a hobby and not as a money-spinner.

With its breeding opportunities, Flat racing is a much more viable financial proposition than its cousin over the jumps.

But the down side of the Flat is many horses are retired to stud at a young age, potentially depriving the sport of its future stars.

It costs about 12,000 a year to own a National Hunt horse in training.

Prize money is relatively poor compared to Flat - and the risks of injury are obviously higher.

But there are cheaper ways of ownership, such as joining a syndicate.

Racehorse owners range from farmers to lottery winners and celebrities.

Several famous names have a whole string of jumping horses.

These include Lord Lloyd-Webber and footballers Steve McManaman and Robbie Fowler, whose horses run under the name of the Macca & Growler Partnership.


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