- Horses are majestic creatures that have been domesticated for a variety of reasons over the centuries.
- Owning a horse equates to a higher quality of life as it involves a lot of physical exercise and working with the horse to keep it in shape.
- Horses are expensive to buy, and so are the costs of keeping them.
Horses have been a great companion to mankind since civilization needed to get from point A to point B. Despite all the advancements in transportation, the relationship is as strong as ever. Many owners will happily tell you that the joy of riding is immeasurable!
However, the privilege of owning a horse is a challenging privilege. First, they can be relatively expensive. Everything from age, breed, and performance level can affect cost. Racehorses command higher prices for their potential future income.
The benefits of owning a horse mean a more active social life, developing positive sportsmanship, outdoor physical activity, and an increased sense of commitment and responsibility. Not to mention improved mental health, as the interaction reduces stress and reduces stress-related increases in hormone and blood pressure levels.
There are over 7 million horse owners in this country and we’re pretty sure they’ll prove how much fun they have. Yes, the risk can be cost prohibitive, but the rewards far outweigh this hurdle.
We would say that if you are considering buying a horse, you need to first understand how to prepare yourself financially. Read on to learn about the most expensive horses in the world and the most expensive racehorses of all time. We’ll discuss prices, stallion fees, and key factors in making your decision, such as breed.
Factors Affecting Price
A variety of factors can affect the cost of a horse. They include but are not limited to:
- Parent-child relationship
- earning potential
Specifically affecting the price will be the pedigree of the horse. Prices are also bound to be influenced by buying the horse outright or attending a private sale or auction. Research is critical. You want to understand why an Arabian horse is more expensive than a quarter horse.
The 8 Most Expensive Horses In The World
Before we get to the market, let’s look at expensive horse breeds and how their value is determined.
Oldenburg has a Frisian variety. It takes its name from Count von Oldenburg, a prominent member of the Oldenburg family in the 16th century. He bred these horses and gifted them as war beasts. He liked their delicacy and stature, and used Oldenburgs for carriages and amusement rides.
Oldenburg estimates range from $4,000 to $100,000.
The Friesian horse has a striking mane, black coat and graceful gait. Born in the Netherlands, the Fresian is one of the oldest horses in Europe. Calm and friendly, they deserve life on a small farm. Considered to be of high-end and priceless quality, breeders are happy to pay top stud fees.
The average price in Friesland is around $5,000. A quality pedigree can go as high as $100,000 or more. Find out more about Fresian here.
The Andalusian horse is a beautiful animal originally bred for fighting. Today, it focuses on dressage, trail riding and jumping. Energetic and peaceful, this horse deserves a peaceful life in a farm field with a stable. There are about 200,000 Andalusians, which is not a high number.
Most Andalusians sell for $3,000. Higher-end breeds that are trained and imported can drive prices from $15,000 to $50,000.
Selle Francais is a warmblood crossbreed and a highly regarded Olympic jumping horse. Selle Francais was originally bred in France and has populations in the UK and the US. These are steady horses that appreciate human company. This animal is gentle and friendly and makes an excellent novice horse.
You can find Selle Francais for as low as $2,000 and as high as $40,000.
Akhal Teke is rare. Akhal Teke is the national horse of Turkmenistan, known as “Pegasus”, and is featured on postage stamps, banknotes and coat of arms. Bred for endurance and athleticism, this horse was originally used for raiding and fighting. One reason for the expense is the small population of the breed, with a global population of just 8,000.
A purebred Akhal Teke can fetch up to $100,000.
#3 Dutch Warmblood
Warmblood horses are well-known racing animals, second only to thoroughbreds in horse racing. This animal is highly regarded for jumping, riding and dressage. Due to breeding and cross-breeding, the species is numerous. They readily accept human company, as these creatures spend a lot of time training.
Training and age play a large role in price. That’s why Warmblood sells for between $4,000 and $25,000.
#2 Arabian Horse
Arabian horses have classic character and great strength. Stamina and speed make them expensive, but wealthy buyers come for the majesty. You’ll find over 1 million breeds in over 60 countries, with common breeds in Canada, the US and Qatar. The animal quickly adapts to long distances.
With Arabian horses, the breed can affect the price. Some breeds or hybrids cost $2,000 or less. The top animal might challenge you for $100,000.
Whether you race or not, you pay for the privilege of owning your own thoroughbred. One of the most expensive animals of all time is the thoroughbred horse (more on Fusaichi Pegasus later). The horse has a short career as a racehorse, so if we exclude stud fees, you are investing in a thoroughbred in its prime.
For companionship, buy an off-track thoroughbred for around $30,000 or less.
The 8 Most Expensive Race Horses in History
The value of expensive racehorses depends on the money they are likely to make in the future. After retirement, investors and breeders happily pay high stud fees in the hope of producing the next champion.
These animals are better investments than their companions and are only available to big investors unless retired.
To get a better idea of what kind of moola gets thrown around, check out these best-selling horses in the sport’s history.
#8 Maidan City ($11.7 million)
Not surprisingly, the first to make the list are thoroughbreds. As a yearling, he was listed at over $11 million. In its first race, the animal finished third and the next race it finished second. He did continue to earn a substantial stud fee after his career ended.
#7 Seattle Dancer ($13.1 million)
Seattle Dancer becomes the highest priced yearling at auction in 1985. He only played five races and finished first in two of them. A popular stallion, he has bred nearly 40 show titles.
#6 Moorland’s Totilas ($15 million)
Totilas (or Toto) of Moorland is a Dutch warmblood and the only dressage horse on the list. In addition to being a track winner, they also rank this horse as the best dressage horse in history. Toto was the first horse to score more than 90 points in dressage.
#5 Palloubet D’Halong ($15 million)
Palloubet D’Halong is the only rider to make the list of the most expensive horses in history. Selle Francaise was a 10-year-old gelding when he sold for a record price.
#4 Green Monkey ($16 million)
Unfortunately, the Green Monkeys disappointed investors and the sport. Despite getting such a hefty price tag, the Thoroughbred ended up returning just under $11,000. He is still known as the greatest waste of horse money of all time.
#3 Annihilator ($19 million)
Another big disappointment was that Annihilator was (reportedly) booked for $19 million but only won about $3000 in prize money. There are no reports of his descendants. So either none of their careers didn’t impress.
#2 Shareef Dancer ($40 million)
American bred and British trained, Shareef Dancer has five starts. He failed to come out on top in Game 5. He finished second in one race and first in three of them. He is the father of Northern Dancers.
Fusaichi Pegasus took home nearly $2 million. This expensive thoroughbred racehorse won the 2000 Kentucky Derby. Since his retirement he has bred more than 75 worldwide champions. Still, Fusaichi Pegasus has been labeled a disappointment given the initial investment.
Here are the most expensive horse breeds in the world:
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