Owning a racehorse used to be confined to those fortunate few who were rich and privileged enough to afford one, which is not surprising when costs of feeding, training, vets bills etc are all taken into account. But not anymore thanks to the formation of syndicates. It is now possible to own a share in your very own racehorse, this way you have all the fun, excitement and possible winnings of ownership with only part of the cost. Should your chosen horse do well and have considerable winnings and you all agree to sell then you could make a handsome profit!
I was personally very skeptical about any value in actually owning through a syndicate. Then my friend Raj Patel related how he made a very tidy profit out of a part ownership in Miss Assertive through Nick Litmoden’s Newmarket stable. Learn more about Raj’s secrets at www.rajpatel.co.uk .
There are two ways to join a syndicate in the UK, but for both you will firstly need to contact the British Horseracing Board (BHB) on 0171 3960011. If you decide to go along the first route of joining an ownership club, the BHB will provide you with a list of multiple ownership groups as well as offering advice...
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