From time to time, geegeez.co.uk offers readers the chance to join a racehorse syndicate. Our syndicate members are part-owners of the horses with all that that entails: paddock and Owners' Enclosure access at the racecourse, stable visits, regular updates and, of course, an equal share of prize money and sales revenues.
I am about to add some syndicate horses to the team and, if you might like to be involved, here is some information to help you decide.
Our syndicate horses are trained by Mick Appleby and Wilf Storey (flat), and Anthony Honeyball and Olly Murphy (National Hunt).
Syndicates are usually twelve shares, and a share entitles the shareholder to owners' privileges at the races when your horse runs. 'Plus one' tickets are offered on a best endeavours basis but cannot be guaranteed. We organise yard visits to see the horses, the stables and to meet the trainer and his team.
We do NOTorganise betting coups or provide any type of 'in the know' special information. But of course you will receive regular updates on your horse's well being, race plans, fitness and so on.
Most of all, geegeez syndicates are put together to allow like-minded people to enjoy the thrills and spills, highs and lows of racehorse ownership at a fraction of the price of sole ownership.
All administration is dealt with, and the only 'admin cost' is 7.5% of the sale price of the horse at the end of the syndicate term.
Typical funding might be as follows, based on a two-year agreement, and using easy rounding numbers:
- Horse purchase: £24,000
- Annual training & racing: £24,000 x 2 years
- Insurance: £2,400 x 2 years
12 equal shares: £6,400
Initial cost per share: £3,000
7 x quarterly payments: £500
OR £4,200 + £2,200 at start of year 2
OR £6,400 outright
All unspent funds remain in the account and are divided equally between shareholders, along with shares of prize money and sales revenue, at the end of term.
Breeding: by Soldier Of Fortune out of Moscow Nights (Peintre Celebre)
Details: Half sister to the very smart Heartbreak City (Ebor winner, second in the Melbourne Cup) and high-class flat stayer, Melburnian. This beautiful moving filly is a very exciting prospect. She will be trained with the intention of running as a juvenile on the flat in late 2018, before a full three-year-old campaign in 2019. But it is when she goes hurdling that she ought to really come to hand.
Racing career: Our star so far, 'Cookie' ran five times in National Hunt Flat races. After finishing good seconds in her first two, she then won three in a row, including most recently the Listed Mares' Bumper at Kempton. She is a VERY exciting hurdling prospect for 2020/21 and will have the Mares' Novices Hurdle at the Cheltenham Festival as her ultimate target.
Soldier Of Fortune filly. Very well related, exciting prospect
Trainer: Anthony Honeyball, Mosterton, Dorset
Breeding: by Getaway ex Chicago Vic (Old Vic)
Details: Bought privately from a good source and fully vetted, this racy forward-going filly is already a good size and expected grow a little more yet. She's by top stallion Getaway (Getabird, Getaway Katie Mai, Verdana Blue, etc) out of a black type Old Vic mare (placed eight times in Grade 2, Grade 3 and Listed company).
The plan is to bring her straight into light training for four to six weeks before allowing her time in the paddocks to grow, both physically and mentally.
Thereafter, she'll be brought back in around August and trained with a view to running in a mares' junior bumper and, if showing enough ability, will be targeted at the Listed Junior Bumper at Cheltenham on New Years' Day.
Having taken a while to come to hand, and then succumbing to a virus, Windswept Girl made a belated racecourse debut in a two mile bumper around Taunton's sharp circuit in February 2020. We were hoping for signs of promise as we feel her best form will be around three miles over hurdles or fences. Se we were delighted when she absolutely bolted up by 13 lengths, going away. It was quite possibly a moderate race but there was no denying the promise she showed and we're excited to see how she progresses from there.
New Syndicate opportunity: 3yo Getaway filly out of Black Type Old Vic mare
Trainer: Mick Appleby, Langham, Rutland
Breeding: by Speightstown out of Albamara (Galileo)
Details: Mixed messages in his pedigree, his previous owner paid more than half a million for him as a yearling and sent him to John Gosden. We picked him up for a rather more modest 20,000 guineas.
Racing career: Initially raced over middle distances we've finally discovered the key to him up in trip. Since stepping him up to beyond a mile and a half he's finished 121, the second placed finish being almost ten lengths clear of the third! He remains unexposed over a trip and may make into a promising hurdler.
Trainer: Mick Appleby, Langham, Rutland
Breeding: by Charm Spirit out of Ravensburg (Raven's Pass)
Details: Bought relatively cheaply (£12,000) from the Ascot August 2019 sale, he came with in-and-out form. We felt he was worth the gamble for his high winning strike rate.
Racing career: Since switching to Mick he's continued his 'binary' win-or-nowhere form profile but has managed to two victories to bring his career tally to five (23% lifetime win strike rate). He goes to the sale on 10th July 2020.
Trainer: Wilf Storey, County Durham
Breeding: by Virtual out of Nicoise (Lear Spear)
Details: Although quite speedily bred, he started out in National Hunt Flat races where the intention was to win and then sell on to go hurdling.
Racing career: The original plan never quite worked out, and instead he's ended up being a great fun handicapper over staying trips on the flat. He's won two in the past year and looks certain to add to that tally off a very workable mark.
Trainer: Wilf Storey, County Durham
Breeding: by Mount Nelson out of Nine Red (Royal Applause)
Details: Out of the same mare (Nine Red) as dual winner, Nonagon, and triple winner, Table Manners - both geegeez syndicate horses - this unnamed juvenile is pleasing the team at home.
His siblings have improved with age but Wilf feels this big two-year-old might be an earlier type. He's a lovely mover who covers a lot of ground when he gallops and he comes from a family we know well.
Racing career: A late developer he's still mentally backward. Has been beaten less far than he's missed the break in his last three races. If he puts it all together he'll prove a very well-handicapped horse and is the type who can rack up a sequence when the penny drops.
Details: Winner of two races on the flat for Sir Mark Prescott, 'Obie' was acquired privately to go juvenile hurdling. An impressive 20 lengths winner on his hurdling debut, he was then a touch outpaced when fourth next time out. Has been awarded an initial mark of 125, which was unchanged when he finished a close 3rd on his third hurdling start.
Finished a close second in a Class 3 handicap hurdle last time and gave us a huge thrill when racing as our first Cheltenham Festival runner.
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