GS Racing is pleased to work with partner and advisor Ernie Gaskin and trainer Tyler George in putting together small racehorse partnership packages for current and prospective owners. The various partnerships are listed on the Partnership Horses page and include those that are completed or under consideration. Ernie owns a share in each horse and oversees their selection; Tyler trains and handles the billing. Tyler operates his stable "first-class" all the way, and our horses are fit and ready when entered to race.

And that word, "billing," brings up the most commonly asked question about our partnerships:

"How much does it cost to join?"

First off, Ernie and Tyler don't charge a management fee of any kind, nor does GS Racing charge any fees for helping to bring in new owners. Each partner's individual cost is determined by what percentage of a horse he or she owns. Take, for example, a new partnership for a $10,000 claimer. If a new owner would like to purchase 10%, the up-front cost is $1,000, plus 10% of monthly training and veterinary bills, which run approximately $2,500-$3,000 per month, depending on how often the horse is racing, and vet work required. So that new 10% owner would be paying $1,000 up front to purchase the horse, plus between $250-$300 per month for training.

The 10% ownership also means you get 10% of each purse earned (after trainer and driver percentages are deducted), plus 10% of the sale price if the horse is sold privately or claimed down the road. $10,000 claimers at Hoosier Park are currently racing for a $12,000 purse, and can generally race every 7-10 days, so let's do another "what if..."

Purse $12,000...and our horse won!

Purse percentages are generally 50% to the winner, 25% to second, 12% to third, 8% to fourth and 5% to fifth. Driver fees are either 5% of purse or a minimum fee. We always use the very best drivers available at the tracks at which we race.

New owners/partners may take anywhere from 5% to 95% of a new racehorse, with 5% ownership costing as little as $500 plus training expenses.

Sound like something you'd like to be a part of? If you'd like further information about joining us and becoming a co-owner of a racehorse, feel free to email Greg Schuler with your phone number and he'll be glad to call you and answer any and all questions you may have. And for you new owners out there, no question is considered "silly," so ask away, we want you to have a clear understanding of how it all works!

If you'd like to learn more about harness racing or ownership please visit the U.S. Trotting Association's website or HarnessRacing.com.