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Retail with a purpose

Retail for Purpose is an initiative that empowers MyRacehorse owners to play a pivotal role in the transition of equine athletes from racing to second careers.

The Retail With a Purpose program consists of a series of auctions featuring experiences and one-of-a-kind memorabilia that owners can bid on with 100% of gross proceeds directed to the MyRacehorse Transition Fund. The fund empowers the MRH racing and aftercare teams to maximize their efforts to aid in the seamless transitions of our beloved athletes into their next chapters of life. 

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Upcoming Auction items

Do I need a MyRacehorse Shop Account to Bid?

To participate in an auction, you must be logged in to your account. If you do not have a MyRacehorse Shop account, you must create one prior to placing a bid. Please note, your MRH login used to view your horses will not work to participate in the auction.

What forms of payment are accepted?

Payments are processed via our MyRacehorse Shop host platform, Shopify, and must be completed in full within 24 hours of winning. Acceptable forms of payment are:

  • Debit
  • Credit
  • Wallet Funds (please contact support@myracehorse.com to receive a code to redeem and have your wallet funds transferred)

Will I be notified if I am outbid?

Yes, an email will be sent when a new bid has been placed and/or you have been outbid. 

Can I receive reminder emails/notifications?

MRH will remind all owners via email of auction items closing within 48 and 24 hours. 

Is this open to the public or only owners?

Our Retail with a Purpose auction site is a part of our MRH Shop website and is accessible to the public. Anyone may sign up and participate to bid. 

What happens if the winner’s payment fails?

Winners have 24 hours to update or correct their payment. If they do not accomplish this within that window, the next highest bidder will be contacted.  

What if I change my mind and do not wish to purchase the item I have won?

Payment must be completed in full within 24 hours of winning, if not, the winner will forfeit their right to the item in question and the next highest bidder will be notified. 

Does my payment method need to be approved/verified before purchasing?

No, however if payment is not completed in full within 24 hours of winning, the winner will forfeit their right to the item in question and the next highest bidder will be notified. 

What are “gross proceeds" and how will those proceeds be used?

The gross proceeds are defined as the auction revenue minus any transactional/merchant fees associated with the payment for the winning item" In the rare case cost of goods sold are required for an item, they will be included and disclosed. There will never be any administrative costs deducted from Retail for Purpose auctions. All proceeds will be returned to the MRH Transition Fund, an initiative that empowers MyRacehorse owners to play a pivotal role in the transition of equine athletes from racing to second careers. The fund empowers the MRH racing and aftercare teams to maximize their efforts to aid in the seamless transitions of our beloved athletes into their next chapters of life. 

Are you a 501c3? 

No, Retail with a Purpose is an aftercare initiative within the MyRacehorse program dedicated to the prolonged care of the Thoroughbred racehorse. 

How will we be informed on how the proceeds are used?

Everytime MRH uses any funds derived from the transition fund an owner update will be provided with a breakdown of the use of funds.

What are the funds intended to be used for? Are funds only for MyRacehorse Alumni? 

  • There are all types of costs that can be part of a successful transition, from veterinarian, re-training, boarding, donations etc.. For more information on the MyRacehorse Transition Fund, please click HERE. While our MyRacehorse stable is certainly a top priority and we aim to deploy much of this capital to the transition of MRH horses specifically, as a company we are strongly committed to aftercare industry-wide through our strategic relationships with several organizations including the Thoroughbred Aftercare Alliance (TAA)  and other noteworthy causes. Our Transition Fund will further our ability to work with these organizations in the mission to assist with the transition of all retired racehorses.