Horses which have been bred in Western Australia, are registered here and have been paid up are eligible to compete for additional bonus money courtesy of the Westbred Scheme. Log onto www.westbred.com.au for further information about the Westbred scheme.
If your horse has been recognised as a talented performer on the track it is possible that you could sell it for a tidy sum either interstate or overseas.
If you have to sell for fi nancial or personal reasons then that is fair enough but as an owner you can never assume you will sell a top horse and fi nd a rst-class replacement right away. Owning a talented standardbred is a wonderful experience which cannot always be measured in a dollar value and before selling a star think about life without them.
If your horse is not so talented but you want to sell them you will have the option of leasing them out, selling them in a proven standardbred sale, selling them privately or moving them on to the equestrian industry for events.
Sound pedigree and a successful racing history means your standardbred will become a top candidate to be involved in the breeding sector in their retirement.
Stallions can demand a service fee any where from $1,000 - $10,000 per service, and a successful stallion can serve an unlimited number of mares.
The breeding of the mare sent to each stallion also plays a part in determining the value of a horse as a yearling.
There is signifi cant money to be made from breeding if you can produce commercially popular stock but it is an aspect which is a long term project, given the length of time involved.
Only the regally bred or extremely well performed colts and entires are considered viable propositions as sires, however a good percentage of fi llies are given a chance to go to the breeding barn.
It is best to speak to your trainer, fellow owners and some experienced studmasters and breeding establishments before embarking on this trail in the early stages of your ownership career.