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The truth of the matter is that not all foals born make it to the racetrack. In a random study, an average of 70% of foals made it to the track and approximately two thirds of those actually won. Half of the starters were repeat winners. In the order of 3.5% of foals born were stakes winners and somewhat over 5% were stakes placed. We think it would be fair to say:
“Racehorse ownership is not for the faint-hearted.”
STILL INTERESTED?
We suspect that if you are reading this passage you may have what it takes to become a racehorse owner. Ownership comes with more than just an investment aspect.
OWNERSHIP;
* Will provide excitement – winning is euphoric, ownership gives you an adrenalin
rush when your horse thunders down the track!
* Offers you the opportunity to share not only in a joke or a story or two, but also in industry parlance with the camaraderie of industry figures and like minded people – other partners.
* Supplies you with the opportunity to network.
But above all, 'Life Is Too Short' and you should treat yourself to this truly amazing experience.
HOW DOES IT ALL WORK?
The most common method of ownership is to purchase a share in a racehorse. A share is an actual percentage of the racehorse. The percentage rate of the share is determined by the promoter and one of the most popular methods is to divide the full ownership into ten shares of equal value (i.e., 10% each share) but ownership may be divided into as many as twenty shares whereby each share represents 5% of the actual horse.
"Select Thoroughbreds chooses primarily to offer partnerships of ten shares of equal value in all promoted racehorses however to make ownership a lot more affordable in
2008, Select Thoroughbreds has structured ownership to allow for
one per cent stake holders!"
In 2008 Select Thoroughbreds will offer shares as small as 1% with the view to accumulate enough interest to capture, at minimum, a 10% share in any of the yearlings on offer. Select Thoroughbreds will then register the Syndicate with Racing Victoria Limited (R.V.L.) and manage the Syndicate on behalf of all its members.
MAY MORE THAN ONE PERSON OWN A SHARE?
One or more Select Thoroughbreds’ shares may be purchased and owned outright by an individual. It is also possible for one or more Select Thoroughbreds’ shares to be owned by two or as many as twenty people so long as they register their common interest as a Syndicate with Racing Victoria Limited.
Syndicates are often formed by groups of friends, neighbours or work colleagues. Forming a Syndicate with a group of friends or work colleagues makes the experience enjoyable and offers the opportunity to own a share in a horse. To find out more on
'How to Form A Syndicate'
:
Click Here.
Thus the total ownership of a Select Thoroughbreds’ promoted racehorse can be made up of individuals owning their own share/s or a combination of individuals and Syndicates.
Owning a share of a Select Thoroughbreds' racehorse as a member of your own Syndicate means you divide the costs amongst the number of members in your Syndicate. The more members in the Syndicate the less cost for the individual member and needless to say it is one of the most affordable ways to racehorse ownership.
Possessing a share in two or more racehorses as a member of a Syndicate as opposed to owning two or more shares of the same horse offers you diversity and greater flexibility as an owner.
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