OwnerView's 2026 Thoroughbred Owner Conference continued Tuesday with a fifth webinar panel featuring discussions on the cost of owning a racehorse in training and interpreting trainer invoices. Hosted by Gary Falter, project manager for OwnerView, the session featured expert insights from Tracy Attfield (TLore), Emily Anderson (Dean Dorton Equine), and David Donk (New York-based trainer).Panelists discussed annual expense ranges, day rates, veterinary fees, and best practices for owners to understand billing. The session also showcased sample invoices with explanations on what owners should expect and what questions they should be asking.“As an owner reviewing an invoice for the first time, if you do own less than 100%, really make sure your horse is being billed at the correct percentage,” Anderson said.Attfield emphasized how important it is to have detailed invoices.“The more detail they put on there, the owners seem happier about knowing exactly what the charge is for,” she said. “So, we try to break it down and give as much detail as possible.”From a trainer's perspective, Donk mentioned that trainers don't make money from a day rate, and a good business model should be based on commission.“Being a trainer wasn't meant to be wealthy,” Donk said. “You're making money on the success of your horses, and obviously, the better quality of horse you have, the better chance you have of that.”The conference was hosted by The Jockey Club and the Thoroughbred Owners and Breeders Association and presented by Bessemer Trust, Keeneland, and Dean Dorton Equine. This latest panel was sponsored by Centennial Farms and the National Horsemen's Benevolent and Protective Association. A Q&A was sponsored by West Point Thoroughbreds.The replay of Tuesday's Thoroughbred Owner Conference panel is available at bit.ly/OVVideos.Five additional Thoroughbred Owner Conference virtual panels are scheduled for 2026. The next session, “Aftercare: Know when to retire your Racehorse,” will be held Aug. 25 at 2 p.m. ET. A full schedule for the series can be found here: bit.ly/OVSchedule.The post Training Expenses Discussed in Latest OwnerView Webinar appeared first on TDN | Thoroughbred Daily News | Horse Racing News, Results and Video | Thoroughbred Breeding and Auctions.