THE QUEEN'S RANSOM
How much does it cost to own a racehorse? Tahitian Queen's oats, shoes, training fees and other expenses are documented on a blog so all 61 of her owners can track where the money goes. Here's a rundown of the group's expenditures -- and winnings -- through early June:
Beginning balance of account: $15,600 (60 owners at a cost of $250 each, plus one who owns 10 percent of the horse and is licensed by the Minnesota Racing Commission as the official owner)
Purchase of horse: $6,000
MRC license: $50
Shipping horse from Chicago to Canterbury Park: $240
Training bill for April: $200 (four days, $50 per day, includes feed, hay, bedding, daily care and training)
Winnings from first race on May 15: $4,200 (winner receives 60 percent of the total purse, which was $7,000 for this race). Jockey Jose Ferrer gets a 10 percent cut of the winning share ($420), and $1 of the purse goes to a Canterbury Park fund for retired racehorses.
Tip to groom Jose Marquez for the opening-night victory: $100