Join the Winner's Circle - Own A Florida Thoroughbred!

Sponsored by the Florida Department of Agriculture and Consumer Services

Florida... the best state for business 

• No tax on stallion seasons
• No personal state income tax
• No individual capital gains tax
• National leader in veterinary and equine research
• Ranks second in the U.S. for number of thoroughbred horses
• Feed and animal health items, along with other specific items, are also exempt
• Horses are exempt from sales tax when purchased from their original breeder
• Florida’s greenbelt exemption provides property tax breaks for Florida horse farms
• Physical climate allows for year-round training, racing, showing and business opportunities

Owners’ Online Toolkit

Thank you for taking the time to learn more about owning a Florida thoroughbred. This page will provide you with some quick links to great resources. In addition, check out the other tabs on this website which contain additional information on the Florida Thoroughbred Industry.
Getting Started with your first thoroughbred, plus forming your business- Sole ownership, partnership, managed racing partnerships
   Owner Education  

Selecting your team (trainers, jockeys, agents)

Acquiring a thoroughbred - Purchase options  - Claiming, auctions, private purchases from breeders, or investing in a managed syndicate
Ownership & the IRS: Tax issues
Operating costs & insurances - Estimated training cost, veterinary services, farriers, race day charges
Stewards & Racing officials: Inquiries, objections, steward’s list, starter’s list and vet’s list 
Racing industry and equine glossary : racing terms, vet & conformation terms, and breeding terms
National thoroughbred owners conference – the best place for an intensive insider’s view of ownership
TOBA owner seminars & clinics (FTBOA members receive discounts for events in Florida)
Ocala Breeders Sales (based in Ocala, Florida)
The Florida Horse Farm & Service Directory (Florida Equine Communications) Potential and New Owners please contact us for a complimentary copy of the latest directory or for a complimentary copy of the latest Florida Horse magazine Florida Racetrack contacts
-Tampa Bay Downs Horsemen’s info:

Allison De Luca in the Racing Office: (1-813-855-4401, extension 1323) or Margo Flynn with Horsemen’s services; (1-813-855-4401, ext 1368)
- Gulfstream Park horsemen’s info:
Racing office: 954-457-6260
Horsemen’s bookkeeper: 954-457-6222
License office: 954-457-2054
Suggested reading
Investing in Thoroughbreds by Arnold Kirkpatrick – a practical guide to help the newcomer make smart business decisions. The rewards of Thoroughbred ownership can be substantial for those who do their homework, get good advice, and set realistic expectations. But the coveted racehorse can turn into a costly mistake for the owner who fails to undertake due diligence."

Available used on Amazon, Barnes & Noble and Biblio.

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Florida Thoroughbred Breeders' & Owners' Association
801 SW 60th Ave | Ocala, Fl 34474
352-629-2160 | Fax: 352-629-3603