Investing in a racehorse without spending a fortune

At present, the sport of kings is available to mortals as well. Regular folks have the opportunity to own a race horse and making a life of themselves and their families. Race horse owners are not taxed on winnings, no matter how much they make. Let us not forget about the joy one has when you see your thoroughbred crossing the finish line. The only problem is that owning a race horse is quite expensive. Not everyone can afford to invest in a stallion. You do not have to be a millionaire to enter the winner’s circle. Nowadays, it is possible to buy race horse shares offered by a syndicate. This way, you will own a small part in something that has huge potential.

Investing in a racehorse without spending a fortune

Owning a race horse share in a syndicate

More and more people are buying racehorse shares through syndicates. This allows them to split the costs and winnings. So, is it a good idea to buy race horse shares through a syndicate? Yes, because you can own a share in a thoroughbred and delight in racing at the highest level. The great news is that you do not have to spend a fortune since the cost is divided among the group of people. As a rule, shares in syndicates are offered each year.

What will it cost?

Affordability depends a lot on the quality of the stallion. Some people end up investing up to £30,000.  This is not surprising considering that a good horse race can cost £100,000. If you choose shared ownership, you have to do your homework first. You have to make sure you are buying a share in a good horse. Sharing extends to things like upkeep, so you cannot really afford to make a mistake. If you can afford to invest a significant amount of money, buy a whole mare.  

Duration of the syndicate

Attention should be paid to the fact that syndicates have a limited duration. After 3 years, the horse is sold and you will receive your fair share. If the thoroughbred is sold for more than it was originally bought, you will receive a higher payment. Syndicates have full freedom, meaning that they can sell the mares at any time, if an unbeatable offer is presented.

 

Buying a race horse share through a syndicate is not necessarily an investment, but a way to enjoy the sport of kings. There is money to be made, but you will have a great deal of fun along the way.