With top-class horses selling for seven-figure sums, some people expect there’s plenty of money to be made from dealing in horses. But as mid-level horses are likely to go for thousands rather than millions, how prosperous is the reality?
Sport horse producer Tim Brown believes it is possible to make money from horses.
“Look at the Schockemöhle empire — they wouldn’t be as big as they are if they weren’t making money,” he says. “It’s like a car or a house — if the fundamentals are right, and you spend time and money investing to improve it, you can make a profit.”