How much does a Kentucky Derby horse cost? Highest paid, average price and more for 2026 field originally appeared on The Sporting News.
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All around the sport of horse racing, money is on the line.
From the bets made on the races themselves, to the prize money for a race’s victor, millions of dollars can be at stake based on the result of a race like the Kentucky Derby — so it only makes sense that the entry level to have a horse in the field is also expensive.
An expensive horse doesn’t always equate to winning, but among the horses in the 2026 Kentucky Derby field, many were sold to their owners for hundreds of thousands of dollars at minimum.
Here’s a look at how much it costs to own a Kentucky Derby horse.
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How much does a Kentucky Derby horse cost?
The prices on racing horses that have competed in the Kentucky Derby has historically ranged from anywhere in the tens-of-thousands to over $2 million, depending on the horse’s background. ESPN also reported in 2013 that horses can cost anywhere from “the low six figures to the low seven figures,” with additional costs including development (around $1,500-$3,000 per month), plus training, transportation and entry fees (around $150,000 per month).
Of the 20 horses in the 2026 Kentucky Derby, five are homebreds — bred by their current owners — while the rest were purchased by their now-owners. Of those 15 purchased horses, the cheapest horse in the field is Ocelli, a late add due to a scratch, a horse bought for $12,000 in 2024.
The range of purchased Derby horses in 2026 goes from $12,000 to $2.4 million. Here’s a look at the prices of each Kentucky Derby horse this year, per the Lexington Herald-Leader:
| Number | Horse | Price |
| 1 | Renegade | $975,000 |
| 2 | Albus | $320,000 |
| 3 | Intrepido | $385,000 |
| 4 | Litmus Test | $875,000 |
| 6 | Commandment | $500,000 |
| 7 | Danon Bourbon | $450,000 |
| 8 | So Happy | $150,000 |
| 9 | The Puma | $150,000 |
| 10 | Wonder Dean | Homebred |
| 11 | Incredibolt | $75,000 |
| 12 | Chief Wallabee | Homebred |
| 14 | Potente | $2,400,000 |
| 15 | Emerging Market | $185,000 |
| 16 | Pavlovian | Homebred |
| 17 | Six Speed | $304,680 |
| 18 | Further Ado | $550,000 |
| 19 | Golden Tempo | Homebred |
| 21 | Great White | $55,000 |
| 22 | Ocelli | $12,000 |
| 23 | Robusta | Homebred |
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Kentucky Derby horse average price
Among Kentucky Derby horses that were bought by their owners, the typical price falls in the hundreds of thousands.
The average price of the 15 non-homebred horses in the 2026 Kentucky Derby field is around $492,445.
MORE:Full list of Kentucky Derby winners
Most expensive Kentucky Derby horse in 2026
Among 2026 Kentucky Derby horses, the most expensive purchase by an owner was $2.4 million for Bob Baffert-trained Potente, a horse was purchased by Speedway Stables LLC at the Fasig-Tipton Saratoga Select Yearling sale in 2024, per the Lexington Herald-Leader. Should Potente officially participate in this year’s Kentucky Derby, that would mark the fifth-most expensive horse to start the Derby and just the seventh ever purchased for at least $2 million at public auction.
Potente is the only 2026 Derby horse who was bought for over $1 million. However, an expensive horse doesn’t always correlate with success.
Per the Lexington Herald-Leader, since 1960, a total of 33 Kentucky Derby winners have been purchased at a public auction. Only one of those horses (Fusaichi Pegasus, $4 million) was purchased for more than $575,000.
In 2025, the two most expensive horses — Baeza and Sandman at $1.2 million each — finished third and seventh, respectively. The last two Kentucky Derby winners were both homebreds.