A RACING CLUB
-
Is a form of entertainment
-
You enjoy an ownership experience without the ownership costs for a fixed cost
-
Go racing as an owner with owners’ badges (subject to availability).
-
Regular Stable Visits and Trainer Updates
-
You will receive all the racing profit while you are a member
Members do not have: –
-
Any ownership rights to the horses or any claim on sale proceeds
A Racing Syndicate
- You buy a % of a horse and pay all associated costs
- You will receive all the profit made by the horse during its racing career
- You receive the relevant % of any sales value – most make a loss.
Most Racing Syndicates buy a horse and
- Make a profit on selling the shares sometimes in excess of 100%
- Make a profit by way of a management charges hidden in the monthly costs
- Make a commission on any resale value.
In theory Racing Clubs should mean involvement in better horses.
- Syndicates want to sell horses.
- Expensive horses are harder to sell as costs can be prohibitive
- They tend to buy cheaper horses that run in lower class races – which is also a great experience.
- That isn’t to say Syndicate horses aren’t successful on the track
- Very Few are profitable with training costs are around £35,000 per year.
Racing Club horse owners are 100% reliant on increased value whereas syndicates aren’t so need to achieve more on the racecourse