Racehorse Leasing in the US: A Comprehensive Guide

Question
hello sir, is leasing a racehorse allowed in American horse racing? sometimes, it makes me held up in laughter, i have come across leasing a house and land. first time i am hearing of leasing a racehorse.

Answer
HI -- YES HERE IN THE US YOU CAN LEASE A HORSE FOR A PERIOD OF TIME AND RACE THEM IN RACES. SOME OWNERS BUY A HORSE ON THE CUFF WHICH MEANS WHEN THE HORSE RACES THEN THE REAL OWNER YOU HAVE PURCHASED THE HORSE OFF OF GETS A PERCENTAGE OF EACH PURSE TILL YOU PAY OFF WHAT YOU OWE ON THE HORSE. THANKS ED HESS