Price does not come into it. I enjoy racing my birds and if I manage to get on the result sheet its a bonus. Money is taking the good out of this great hobby. Believe me I have spent a small fortune on the birds I have and I have parted with them without any return to new starters no matter what they cost me. Hijacking the advert on the telly, Price of a new loft £250+, Price of a clock £250, price of a pigeon £40+, Price of baskets, training etc £150+. Watching a pigeon hitting the landing board after a race from any distance Priceless.