Let’s take a look at some of the most expensive horses ever sold:

The Galiceño is a critically endangered horse that has a long history in the Americas. It is estimated that there are fewer than 100 pure Galiceños left, making this the rarest horse breed in the world.

Since the domestication of horses some 6,000 years ago, many breeds and varieties have developed—these 9 are among the most unique….

• Bashkir Curly.
• Marwari.
• Miniature Horse.
• Gypsy Vanner.
• Akhal Teke.
• Fjord.
• Knabstrupper.
• Appaloosa.

• Meydan City – 11.7 million dollars.
• Seattle Dancer – 13.1 million dollars.
• Palloubet d’Halong – 15 million dollars.
• The Green Monkey – 16 million dollars.
• Totilas – 21 million dollars.
• Shareef Dancer – 40 million dollars.
• Fusaichi Pegasus – 70 million dollars.

Buying any horse is a poor investment. Unless you’re a top-notch trainer and can substantially improve the horse’s skills, that horse will be at a standstill with you. It will not increase in value and will cost you, over time, much more than its initial purchase price. You buy a horse for love, not for monetary gain.

Most racehorse owners intend to win money by racing their horses. From horses’ earnings, jockey and training fees are paid. After monthly expenses and fees are paid, there is usually very little profit remaining for the horse owner. As an example, in a race with a purse of $10,000, the winning horse owner gets $6000.

The cost of racehorses varies greatly depending on their pedigree and conformation. The average sales price of a racehorse is $76,612. The average price for a two-year-old thoroughbred in training is $94,247, and the average cost for a yearling is $84,722.

Since the type of horse and reason for purchase varies so much, the cost is also just as broad. The cost can range from a couple of hundred dollars to several thousands of dollars. For regular recreational use, the average cost is around $3,000, according to the University of Maine.