Owner Information

Starting Up

So you are thinking of purchasing a share in a racehorse! Here are some key points to consider in respect to racehorse ownership-

• Horse racing is highly speculative. Always limit your investments in racehorses to what you can reasonably afford. See Risks for further advice.

• Horse selection is so important. Some of the key things to consider when investing include:
  

  • Pedigree - Sire / Dam (The horse's parentage)
  • Racing Attributes - Distances you would like your horse to race over - sprinter, middle or long distances.
  • Conformation - The physical characteristics of the horse likely to affect the performance
  • Gender - Filly or Colt? Issues that affect your investment in racing and after racing.

• Horse trainer needs careful consideration. The trainer you choose may determine your level of success. Different trainers have different training styles which may suit different types of horses.

 

• Level of investment is something you will need to determine personally. If you have a large amount of finance to invest, it is wise to spread the risk by investing in multiple shares as you might in any share market. Doing this also can enhance the level of interest and enjoyment in your investments.

 

• The costs involved in racing a horse owned outright by an individual could exceed $30,000 per year. For many people, this is beyond their means. As member of a partnership, you would only pay a percentage of such costs relevant to your share holding. Typically, such costs are comprised of:

  • Training fees (metro. trainer approx.$60 - $100 per day per horse)
  • Spelling fees - when your horse needs a break (approx. $20 - $30 per day per horse)
  • Pre - Training fees - Improvement of fitness before heading to the trainer (approx. $40 - $60 per day per horse)
  • Vet fees - as needed to ensure the well- being of your horse (fees vary according to need)
  • Transport charges
  • Dental/Chiro charges
  • Track fees
  • Shoeing fees
  • Nomination and acceptance fees
  • Administration Management fees
  • Insurance fees (see Insurance)
    
    
• Advantages of racing in a syndicate are:
  • Sharing the above costs according to your percentage of ownership
  • Sharing of prize money
  • Shared decision-making regarding your horse
  • Shared naming rights in respect to your horse
  • Minimizing of risk in respect to your investment
  • Management of the care of your horse
  • Your name appearing in the race book (10% shares and above)
  • Racecourse entry is free when your horse is racing
  • Members' Entry entitlements when your horse is racing
  • Owners' room access at certain racetracks
  • Sharing the excitement and meeting new people

 

To view Darby Racing's current shares on offer, click on the Syndications link.

Contact Us or phone Darby Racing on (02) 4648 0998

Starting Up - Things to think about
Management - What we can do for you
Owner Privileges -The advantages for a shareholder
Communication - Concerning the progress of your horse
Prize money- What you need to know
Insurance - Protection for you investment
Risks - Important issues to consider
Ending Ownership - How partnerships can end