Result can be like this: A, B, C, D are horses and 1-4 are the final positions.
1 2 3 4 - 4! = 24 ways
1 2 3 3 - 4!/2! = 12 ways
1 2 2 3 - 4!/2! = 12 ways
1 2 2 2 - 4!/3! = 4 ways
1 1 2 3 - 12 ways
1 1 2 2 - 4!/2!2! = 6 ways
1 1 1 2 - 4 ways
1 1 1 1 - 1 way
So, total = 75 ways