The Complete Guide To Thoroughbred Horseracing Partnerships

Have you ever wanted to invest in a thoroughbred racehorse but didn' know where to begin, or if you would be able to afford such a commitment? If you have, rest assured you are not alone. Many people would love to own an interest in their favorite thoroughbred racehorse. Although your favorite probably won't be available (or affordable!), there are many others with open horseracing partnership shares.
The investment opportunities offered by thoroughbred horseracing partnerships are shares in the partnership that can be as small as 1% of the partnership up to as much as 45% of the partnership. However large your ownership is in the horse will determine your share percentage. This also is a representation of your costs and earnings.
Instead of assuming all the risk of owning a thoroughbred, you assume a smaller amount of risk by joining other investors in a horseracing partnership. Your risk is the size of your percentage in the partnership. If you are new to the industry and our unsure about the investment, you might consider purchasing a very small portion such as 1%. If you are a confident investor that is familiar with the horse racing industry, you may be prepared to purchase as much as 45%.
There are many racing stables across the U.S. with horseracing partnerships and syndicates available with open investment opportunities for co-ownership. Each one is a bit different in what they have to offer and how they manage their syndicates. Prior to making an investment, you should familiarize yourself with several different partnerships and syndicates to see which ones best match the goals you have in mind for your investment.
A few things to consider about syndicates or partnerships:
* Does the group have your intended share percentage available? For instance, some groups may not have shares available of less than 5%.
* Do they offer partnership shares based on a percentage of the purchase price of the horse or, do they mark-up the price and then calculate share costs?
* Are there any fees for managing the partnership?
* What are the monthly expenses you will be responsible for beyond the regular care, training, and up keep of your horse? For example, advertising costs. Although advertising can be a good thing, the costs can be substantial.
* Will you be able to meet with the managing partner before you sign the contract as well as after you sign?
The sport of thoroughbred horseracing offers many investment opportunities but you must remember the stakes are high. You could just as easily lose as you could win. However, by joining a horse racing partnership or syndicate you can defray some of the costs and risks associated with being an owner.

By:

C. Anne Baker's life has involved thoroughbred horseracing and bloodstock for countless years. She also contributes to horseracing charities. For a short time, visitors to her website PartnersInThoroughbreds.com can receive her excellent guide Becoming Involved A horseracing Partnership

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