Want To Own Part Of A Race-horse | Recreation and Sports Tips ...

It is debatable whether horseracing is known as the Sport of Kings because there has been so much royalty involved in it historically (even now, horseracing is patronized by royal families) or because it?s a entertainment that you can?t partake of unless you are a extremely well off person. Clearly, we aren?t talking about punters here. We are talking about horse owners.

In money terms, it is one particular thing to own a horse and use it for personal riding only. It is another to use that horse for shows. And ultimately, horses bred for racing are a totally different chapter altogether. All of these activities require cash, but thoroughbred racing requires serious money. Race horses with pedigrees don?t come cheap. Even in terms of median prices, a racehorse at the least costs as much as an excellent family car. In terms of extreme prices, a race horse with a gigantic reputation can cost as much as a fleet of cars. Keeping a race horse fed, groomed and trained can cost minor fortunes, many times more than running an excellent family vehicle would. No sensible race horse owner would put up his horses at a stable-for-hire. He would prefer to spend more money on his own stable and infrastructure.

The days of royal exclusiveness are gone for ever, though. You don?t have to be an affiliate of a blue blooded western or an eastern family to possess a race horse. That isn?t to suggest you go forward and get on one your own, though. It suggests you can cooperate with buddies and relatives to do it.

You do so by setting up a syndicate. That means obviously that you and your co-operators are JV partners in ownership and racing of a race horse. You share the costs of purchasing and maintaining the horse, and you share the earnings if any. If 10 of you get together to equally invest in a race horse worth $30,000, you are a 1/10 owner of that horse with an investment of $3,000, as is each of your nine partners.

Your investment in purchasing the horse is kept to affordable levels, as is your investment in maintaining the horse. Do you realize you can gain a lot out of that small investment? You are now a bedazzling part of the universe of race courses, race horses, race horse owners, jockeys and trainers. You get the rights to fringe benefits like club membership, bringing pals and family over for a day at the track. You are able to use facilities that come with membership, but are not accessible to the general public.

You can form your own syndicate or join an existing one. If you are interested in joining an existing one, trainers are your best chance for trustworthy information on the best syndicates to join. A lot of them have their own syndicates. If you?ve an interest in your own syndicate, get your fellow partakers ready and willing, go to the closest Jockey Club and ask about the formalities to be completed. Complete them.

You could attempt to emulate the 10 partners of the Sackatoga Stable who achieved the stunning feat of winning the 2003 Kentucky Derby with the horse Funny Cide!

Horses are Heather Toms passion and she enjoys sharing her extensive knowledge through her 100s of articles with other horse lovers, like all things about herbs for horses

Related posts:

1. Handicapping Horse Races By Jockey Instead Of Horses
2. Racehorse Ownership ? The Costs Of Owning A Racehorse
3. Prix De L?Arc De Triomphe ? Europe?s Most Respected Pony Race
4. The Worthiness Of Horse Racing Ebooks
5. Horse Racing Guides ? Are There A Lot Of On The Market?

ground hog donald trump staten island chuck dr jekyll and mr hyde edwin jackson punksatony phil trump

navy jet crash virginia beach crash kellie pickler stephen hawking marion barry virginia beach jet crash ridiculously photogenic guy