Choose your experience
Everyday, Australians from school teachers, nurses, tradies and chefs are entering the inner sanctums of horse racing to experience the buzz of the occasion, excitement of the competition and roar of the grandstand.
Choose the type of ownership that’s best for you
Joining a syndicate is a great way to meet new friends and enjoy the thrill of racehorse ownership at a fraction of the cost. Many syndicate groups co-ordinate social events and encourage their members to meet on race day to hopefully celebrate a winner!
For ease, decisions such as the selection of the horse, trainer and jockey can be left up to the syndicate manager who will oversee the finances and report to members on a regular basis.
A lot of syndicates are also enjoyed together by workmates, family members and friends.
So why not all get together and get racing!
|Number of Owners:||20+|
|Share Percentage:||Buy as little as 1% to 5%|
|Budget:||Financially friendly, with all costs shared.|
|How to join:||You’ll need to join a syndicate that’s registered with Racing and Wagering Western Australia (RWWA) with an appointed representative or manager.|
Syndicate Promoters Approved by RWWA
The Australian Securities and Investments Commission (ASIC) have strict requirements regarding the public syndication of racehorses.
Prior to offering individual shares in racehorse syndicates/partnerships, promoters of such must be approved by RWWA and recorded on the Register of Approved Promoters.
The following Syndicate Promoters are registered with RWWA as ‘Approved Promoters’:
Lease a racehorse
Leasing is effectively ‘renting’ a racehorse from an owner for a specified period of time and does not involve an upfront purchase fee.
The term of the lease will see you pay all costs associated with racing the horse along with an agreed ‘leasing’ fee which may include a percentage of prize money earned.
Breeders and trainers lease racehorses they wish to retain ownership of, often for breeding purposes, while keeping a small interest in their racing careers.
Joint ownership / partnership
Partnerships allow you to share in the excitement of racehorse ownership with work colleagues or friends and split the costs.
Up to 20 people can jointly race a horse. A joint ownership/partnership will usually see all 20 members take responsibility for their own share of the horse.
Being the sole owner of a racehorse means you reap all the rewards, but also carry all the costs.
You have total control over the key decisions, including the naming of your horse and the racing silks it will carry on race day.
Owning a horse outright will also see you deal directly with the trainer about its progress.
Take a look at some of these nobel steeds
Some legends from over the years.
Black Heart Bart
Purchased for only $20,000 at the 2012 Magic Millions Perth Yearling Sale, the son of Blackfriars went on to win 17 races with six of those at Group 1 level. He won his connections over $4.8 million in prize money.
A champion Australian Thoroughbred racehorse undefeated in 25 races. Black Caviar was the horse that stopped the nation. She was bought in 2008 for only $210,000; a bargain price considering she won close to $8 million in prize money over her career!
Winx is a legendary racehorse who won a record of 25 Group 1 races and $26 million in prize money, more than any other racehorse in living history. Rated as the world’s highest ranked Thoroughbred for consecutive years, Winx is the only horse to have won four W.S. Cox Plates, a feat that will likely never been seen again. The superstar was purchased at the 2013 Magic Millions Gold Coast Sale for $230,000.