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The share price covers all costs, including the horses’ purchase and training. The second year will require a reduced payment, which will be explicitly mentioned on your syndicate agreement.
The majority of Dynamic Racing horses are sold after two years, while some are maintained longer if they can raise their capital and win huge sums of money. To ensure that we have an invested interest in attaining success at the highest level, the company and/or trainers often retain at least a 10% share in all of our horses.
On race days, your Racing Concierge will greet you when you arrive at the track. Your owners and trainers badges will be provided to you and your visitors here, giving you full access to the parade ring and winners enclosure. Ownership grants you access to the lounges, where you can enjoy complimentary food and beverages.
Dynamic Racing arranges for owners to visit their horses at the trainers’ yards at various times throughout the year to watch them in action and obtain behind-the-scenes access, giving owners the opportunity to learn directly from the trainers.
Syndicates are an ideal opportunity to get involved in racing
With fixed and manageable costs. Syndicate shares can range from 1% per share to 10% per share which significantly reduces the monthly costs making it affordable to more people.
As a result, people often purchase syndicate memberships to allow them to spread their enjoyment across a number of different horses.
The key differences with a syndicate are that your name would not appear in the racecard as the owner’s name would be the syndicate name. If you owned a 10% share you would normally still be able to get Owners and Trainers badges for the races, however, if your shareholding is below 10% then you would usually be entered into a ballot to ensure that badges are distributed fairly.
You would normally still receive your percentage share of any prize money and also your percentage of the sale price if it is decided to sell your syndicate horse.
A great and fun way to get involved in horse racing, the beauty of being a syndicate member is that you can celebrate the victories with you fellow syndicate members.
Full ownership can be suitable for existing or new owners
It involves an initial purchase cost to acquire the horse followed by monthly training fees, gallop fees, transport to the races and additional costs such as farrier, vets and dental work.
The benefits are significant as if you purchase an unnamed horse, you can choose your own name for it, it can run in your own racing colours and you will get your name in the racecard along with 6 owner’s badges which include access to the parade ring and the Owners and Trainers suite whenever your horse runs.
You will also receive 100% of the owner’s share of the prize money when your horse wins or places and all funds minus sales fees if you decide to sell your horse at any point.
Owners are always welcome at Harraton Court Stables, there is nothing better than watching your horse powering up the gallops!
If you need any help or advice to understand if full ownership is for you, then please get in touch and we would be happy to discuss your requirements and budget in greater detail.
Part ownership is a fun but also cost effective way of owning a racehorse
Part ownership has many of the benefits of full ownership, at a reduced cost, which can be ideally suited to new and existing racehorse owners.
Part ownership could typically be 25% of an individual horse. Some owners decide to have 3 or 4 part shares rather than a full horse as it increases their number of runners and involvement throughout the season.
You still benefit from having your name in the racecard alongside your fellow owners. Racing colours and names for unnamed horses need to be agreed between owners and the owner’s badges are shared amongst the owners who can attend.
Whilst costs are shared, so is any prize money and the proceeds of any sales if the partners decide to sell the horse.
Part owners are always welcome at Harraton Court Stables, there is nothing better than watching your horse powering up the gallops!
We can assure you if your horse wins, the thrill and enjoyment is exactly the same regardless of if you own 100% or 25% of the horse. If you require any help or advice on which ownership option best suits your requirements and budget, then please get in touch.
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