MyRacehorse

MyRacehorse is a California-based fractional racehorse ownership platform founded in 2018 by Michael Behrens. The platform works by acquiring thoroughbred racehorses, dividing each horse into shares (typically 1,000–5,000 shares per horse), and selling those shares to retail investors via its app and website. Investors share in purse winnings from races, and may receive a payout if the horse is sold after its racing career. MyRacehorse is licensed with state racing commissions and operates under the oversight of the California Horse Racing Board, giving shareholders the status of co-owners of record — a meaningful distinction that grants access to paddock and barn visits, race-day owner privileges, and real-time horse health updates.

The platform has facilitated ownership stakes in hundreds of horses, including notable runners that have competed at the Kentucky Derby, Preakness Stakes, and Breeders' Cup. Returns from racehorse ownership are inherently unpredictable — purse distributions depend entirely on race placements, and horses can be sidelined by injury with no income during recovery. Shares are illiquid with no active secondary market, meaning your capital is locked in for the duration of the horse's racing career, which typically spans 2–5 years. MyRacehorse charges a 10% fee on all purse distributions, and investors should expect the majority of horses to generate modest or no net return above the cost of care and training.