What Is Racehorse Syndication, and How Is It Beneficial?
Race Horse Syndication is the most common way for new owners to participate in racehorse ownership. Authorized Horse Syndicates Queensland sells the stock of their horses, and individuals buy different parts of their horses. It's a great way to spend the day racing and enjoy the thrills and excitement of thoroughbred racing with your close friends. But be careful, the first victory will hold you for life! Once you taste the first winner, you won't go back, it will drive you into life.
What is Racehorse Syndication?
Racehorse Syndication offers the opportunity to experience the thrill of racehorse ownership at no associated cost. Each syndicate member owns a share of the horse and divides the cost and prize according to the size of the share.
What are the benefits of owning interest on a racehorse?
Race Horse Syndication stockholders receive a portion of the prize money the horse has earned throughout its career. And has a lot of prizes. This includes the following benefits:
- Contribution to the naming of horses.
- Play a role in making decisions for your horse;
- Opportunities to visit, meet and caress your horse.
If the horse is competing in the race, get the race day owner ticket and access the associated owner's pen. When you will receive an invitation to the open house. Also, if you own more than 5%, your name will appear in the race book when the horse participates in the race. Depending on the size and quantity of the shares sold, small shareholders may have the opportunity to name them. They will regularly update our owners about their horse's well-being, progress and performance. Even if nothing changes, we keep in touch so that they feel involved in every step of the journey.
Is the Horse Racing Association expensive?
Horse racing syndicates are often cheaper than buying a horse. You don't have to pay for the maintenance of horses yourself. Whether your horse is one or a few years old at the time of the stock purchase, you only take over part of the ownership. This means not only distributing costs to multiple enthusiasts but also distributing prizes. For example, if a trainer and owner could take a horse to a big festival that could mean that you would win a pretty big chunk of great prize money.
Many owners will also say that the price paid for a racehorse stock is worth the perk. Not only do you get the thrill of owning a racehorse, but you also get the chance to make some serious profits in major races, other horse races, and festivals. This is a great opportunity for racing enthusiasts to get closer to the world of livestock.
As an established and experienced Race Horse Syndication is an ideal way to participate in the thrills and excitement of professional horse racing. Participating in the Horse Syndicates Queensland is a hassle-free process, and once you're part of the racing family, you'll understand why so many people choose horse syndication, when it comes to choosing a racing syndicate.
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