What Are Horse Racing Syndicates?
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For ages, thoroughbred racehorses could only be own by wealthy investors. These investors would then make a lot more money when their horses won. This was solely because owning a racehorse costs over $30,000 a year, something that the common man just cannot afford. However of recent, options have been developed to make the playing field a little more even, allowing an average consumer to be able to participate. This was the introduction of the stallion racing syndicates.
This system of horse syndications allows both small and big investors to buy and own shares in the stallion racing programs. They are often run buy a company that hires the best trainers to take care and train their thoroughbreds, to make sure that they produce the best possible racehorses. A racehorse syndicate provides the opportunity of owning a share in a stallion to those who cannot otherwise afford to own their own stallion. While the normal range of a shares lies between 5 and 10 percent, some company even provide lower percentages, opening the opportunity up to a bigger group of people.
The benefits of choosing horses for syndication are more than those of just owning a share. While even owning a 1% share would give you a substantial return if the stallion were to win, owning a share via horseracing syndicates allows owners to suggest names for the stallion before it starts training, visit the stallion and even watch it training. Hence you do really get quite a few of the benefits of owning a whole stallion without actually having to be able to afford it.
These syndicates have become increasingly popular, especially as an investment strategy to the average consumer. Not only is it a long-term investment, it is also very rewarding providing you invest in the right horse. Even with the unsteady economy, the popularity of the sport itself provides ample opportunity for investment. As more and more bloodstock companies open up their doors to syndicates and share owning, it is rapidly becoming an industry of its own, and a successful one at that.
As described above the best companies will be the ones that allow you to be apart of the life and training of the stallion you have bought shares in. These companies aim to give you the best shot at the experience of owning a stallion without having to spend ten thousands of dollars. They will also ensure that your horse gets the best treatment and training it needs to become a racehorse capable of galloping to victory. If you’ve always wanted to own a racehorse, here’s your chance, buy your share today!
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