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Wednesday, 13 November, 2002, 19:33 GMT
Owners dreaming of glory
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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