No easy ride

The “Sport of Kings” comes from a time when rulers bred horses for leisure activities and for improving their armies. These days it is not only princes who own racehorses but also ordinary enthusiasts and professional investors looking for a return.

Audio slideshow: Riding to riches

There are several important provisos to consider – not least of which is the old adage that to end up with a small fortune from owning racehorses, you have to start with a large one.