Thursday, July 20, 2006

A chance to part-own a racehorse

It has never been easier to get involved in the action, whether alone or with a group of friends.

When you become an owner, you become a member of a fascinating club.

There’s the fun of buying your horse, choosing your colours, watching your horse on the gallops in the early morning light, followed by breakfast and a discussion of the future plans for your horse.

Then, of course, the thrill and anticipation of being in the paddock before and after a race. The emotion of collecting the prize when your horse has won is just impossible to describe with words.

The syndicate that owned Motivator, the 2005 Derby winner, shows that you don't have to be Godolphin, Coolmore or the Aga Khan to compete at the highest level.

A group of friends and like-minded people can get together to purchase a horse with the potential to compete at the top meetings.

Whether you win or lose, the action is electrifying – it’s second to none – and you’re right in the thick of it.

Going racing as an owner is a unique experience, with access to parts of the racecourse that the ordinary racegoer never sees.

Patricia Marks and myself have horses in training and last year scored with five winners including a first and second place in the Jersey Guineas.

This year we have come so very close to winning on a number of occasions with four second places, and have runners at Newmarket Guineas meeting and at Epsom.

A Brookmans Park racing syndicate?

Recently I have been asked by several people in Brookmans Park about owning a racehorse and it struck me that setting up a race club and syndicate for people who live in the area could be a good idea.

If there is sufficient interest then I shall post an outline proposal in due course.

Should anyone be interested in this idea or has any questions, please post a comment or send me a message by logging on to the Brookmans Park Forum and then clicking here to send me an internal message and email.

Following the aforementioned conversations I have assembled the following proposal:

A race club to be set up with the following aims:

  • To be involved with racehorse ownership for a relatively small sum in the form of a syndicate. The opportunity to own a share in a racehorse and have the full benefits of ownership.
  • Visits to the racing yard, to watch the horses on the gallops and to chat with the trainer.
  • To meet up with like minded people and attend racing and equine events, often at a discount.
  • Sponsorship will be arranged for each horse.
  • Initially there will be two syndicates which will be duly registered with Weatherbys who carry out the administration for British racing. :
  • Syndicate 1: 12 shares of £5,000 each for the purpose of purchasing a yearling at the October sales, which will start its racing career in 2007. The training fees per member will be £100 per calendar month. The intention would be to name the horse “Brookmans Park Flyer.”
  • Syndicate 2: 12 shares of £1,000 each to purchase a horse which is ready to race. The training fees per member will be £100 per calendar month.
Membership should not be viewed as an investment opportunity although it is possible to get a positive return from owning a share in a racehorse.

Note: All images copyright Patricia Marks and Peter Trott.

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