I have searched the internet for this, but can’t find much info- so hoping someone here has some insight on this topic.
I purchased a young horse and my trainer has single-handedly developed her from the young jumpers up to the 1.45m level. The horse is now at the point in her career where she is consistently placing in large classes with significant prize money. I want to make sure my trainer is compensated with a portion of the mare’s winnings, but he and I are both new to this type of discussion.
Does anyone have any examples of payout structures for Grand Prix riders who are riding a client-owned horse? Is there a % based on prize money tiers (ie; $6,000 - $9,999 would be a different % payout than $10,000 - $25,000?). I’m sure it varies by rider and owner, but I’m hoping for a bit of insight to get the conversation started and to ensure I’m being 100% fair to the rider who is doing all of the hard work!