Since the stock market crash in the 80`s, racing horses in partnership in Australia has grown to the point where the majority of horses that race in Australia today are raced in shares, either being in partnership or syndication, which has made ownership so affordable.
Syndicate Partners in Thoroughbreds
Racing horses in partnership or with partners allows owners to enjoy the thrill and excitement of being involved in a quality thoroughbred with a leading racehorse trainer without it costing the earth. Today in Australia, a partnership can involve anywhere between 2 and 10 partners in a single racehorse. All 10 partners are able to see their name appear in the race book as a registered owner and are able to access race day privileges on racetracks around Australia, such as free racecourse entry, members entry on race day, free race book, hospitality in the owners room(where provided by the race club).
Being part of a racehorse syndicate has allowed many owners to get involved in horse racing today. Syndicates are formed where a group of individuals come together and purchase a share in a racehorse and then involve up to 20 individuals in that share, thus breaking the costs down to an affordable level.
Syndicates also allow owners to spread their risk by having a smaller share % in a number of racehorses and ensuring that they always have a horse racing at any one time throughout the year.
At Australian Thoroughbred Bloodstock we have many syndicates in operation in our racehorses and up to 60 ladies in one filly. The racing bodies administration fee to register a syndicate is currently $275.
When you visit our webpage, current syndications on offer, and are thinking of buying a share in a racehorse, you will see that all the horses for sale are advertised in 10% shares however ownership is available at smaller percentages through syndication.