For example, a foal from a well-known sire and dam can cost anywhere from $50,000 to $500,000, while a yearling from the same lineage could sell for $200,000 to $1 million. Thoroughbreds that have shown racing potential and have won races can command even higher prices, with some exceptional individuals selling for tens of millions of dollars.
It's important to note that the cost of a Thoroughbred horse is not solely determined by its racing ability. Factors such as temperament, conformation, and trainability also play a role in determining the price. Additionally, the cost of upkeep, including training, stabling, and veterinary care, can add to the overall expense of owning a Thoroughbred horse.