Retired Racehorses

Preliminary Cost Budget - Horse Rescue
Variable Inputs Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
New horses per year 1624 1624 1624 1624 1624 1624 1624
Mortality rate 5% 5% 5% 5% 5% 5% 5%
Adoption and sale rate 40% 40% 40% 40% 40% 40% 40%
Number of days pre adoption 180 180 180 180 180 180 180
Cost per horse per day for upkeep $7.75 $7.91 $8.06 $8.22 $8.39 $8.56 $8.73
Retraining cost per day per horse for
adopted horses + daily upkeep $12.75 $13.01 $13.27 $13.53 $13.80 $14.08 $14.36
Mortality cost per horse $375 $383 $390 $398 $406 $414 $422
Annual marketing costs $50,000 $50,000 $50,000 $50,000 $50,000 $50,000 $50,000
Annual veterinary care $300,000 $306,000 $312,120 $318,362 $324,730 $331,224 $337,849
Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7
Horse Count
Beginning - 893 1,786 2,680 3,573 4,466 5,359
New horses 1,624 1,624 1,624 1,624 1,624 1,624 1,624
Mortality (81) (81) (81) (81) (81) (81) (81)
Adoption or sale (650) (650) (650) (650) (650) (650) (650)
Ending 893 1,786 2,680 3,573 4,466 5,359 6,252
Expenses
Mortality $ 30,450 $ 31,059 $ 31,680 $ 32,314 $ 32,960 $ 33,619 $ 34,292
Rehab and retraining for adoption 1,180,242 1,520,649 1,551,062 1,582,083 1,613,725 1,645,999 1,678,919
Pasture sound 1,349,849 3,918,714 6,589,794 9,366,150 12,250,924 15,247,343 18,358,718
Annual marketing costs 50,000 50,000 50,000 50,000 50,000 50,000 50,000
Annual veterinary care 300,000 306,000 312,120 318,362 324,730 331,224 337,849
Total $ 2,910,541 $ 5,826,422 $ 8,534,656 $ 11,348,909 $ 14,272,339 $ 17,308,186 $ 20,459,778