HOW DOES IT WORK??
AVAILABILITY |
You can choose from a wide range of horses. Shares are available in multiples of 5% and there are normally about 10 members in each syndicate. |
PURCHASE COST |
Each Syndicate member pays his share of the valuation or purchase cost at the time of joining. |
TRAINING AND RACING COSTS |
Each member is responsible for his/her share of the keep, training and race costs |
PRIZE MONEY |
Prize money is credited to the syndicate's account at Weatherbys and is distributed to the syndicate members on a regular basis. |
INSURANCE |
The horse will be insured against death with each member paying for his/her share of the premium. |
REGISTRATION AT WEATHERBYS |
The syndicate will be registered at Weatherbys with each member registered as an part-owner in the horse. |
DOCUMENTATION |
All owners will be sent a certificate of ownership and copy terms and conditions. These terms and conditions state the responsibilities of each owner and protect the syndicate as a whole. Each owner is only responsible for his/her share of the costs and is not responsible for the liabilities of his/her co-owners, this liability being underwritten by WRB Racing. |
| STABLE VISITS | You are welcome to visit your horse at the stables whenever you wish, as long as it is convenient to the trainer, and you will be made welcome by the yard. |
| RACE DAYS | We arrange for all our owners to receive a complimentary badge for entrance to the racecourse whenever their horse is in action. When your horse is running you will enjoy full ownership privileges at the racecourse including being able to watch your horse in the pre-parade ring, watch it be saddled, go in the parade ring and then the winners enclosure, if you win or are placed. Some of the courses also have special owners bars available. Naturally during all of this you will have the opportunity to meet and discuss the prospects with both the trainer and the jockey as well as meet other racing personalities, make new friends and hopefully have a thoroughly enjoyable day in the presence of your co-owners. |
| RISK | Although by using careful selection procedures, a good trainer and professional management we try to mitigate risks as much as possible, a decision to enter into a syndicate should be made for enjoyment and participation reasons rather than any expectation of financial gain as racehorse ownership is a high risk business!!!! |
| PAYMENT SCHEMES | Owners pay a fixed amount
monthly to include all costs of keep, training and racing (other than exceptional
circumstance). The standard monthly payments vary slightly dependent on which syndicate is
chosen. Owners will be responsible for their share of the insurance premium. |
| HOW TO JOIN | If you would like to fill in the form within the "contact us" page we will send you further details on how to join. |