- 10 Munday St Warwick Farm NSW 2170
- racing@archibaldracing.com
- 1300 104 732
There is nothing quite like watching beautiful, majestic horses gallop down the racetrack, making the final turn and coming home to cheers from the crowd. Australia’s vibrant horse racing landscape is much more accessible than you may think. If you enjoy going to the races but want to take your experience to the next level, shared ownership may be right for you. Archibald Racing explains the benefits of syndicates and partnerships to make racehorse ownership a reality.
If you’ve dreamed of owning a racehorse but don’t have enough resources for sole ownership, a shared model can make it happen. With shared ownership, multiple individuals co-own a horse, typically through a syndicate or partnership. Both offer the appeal of accessibility for new or casual investors, as shared ownership lowers the barrier to entry into the racing world.
In a partnership, you share the ownership with up to 20 family, friends or fellow stable clients. For a fraction of the cost of sole ownership, you can enjoy the thrill and get a portion of the prize money, too. Partnerships may choose one owner to manage trainer communication and accounts, or it may be done individually.
A syndicate of up to 20 friends and family can register and receive a share in a racehorse. The syndicate, rather than the individual members, own the share, whether that be 5%, 10%, 15%, or 20%, etc. Each syndicate nominates a manager to handle communication and prize distribution.
One of the top considerations with sole ownership is being responsible for all of the horse’s expenses. This isn’t always feasible for someone just starting out on their racehorse journey, but a syndicate or partnership makes it much more attainable. While you must split the winnings, there’s plenty to go around when working with a world-class trainer, such as Annabel Neasham with 62 stakes winners and $57 million in prize money.
So many positives can come out of shared ownership, including elevated race day experiences and owner perks without the full cost. Syndicates and partnerships help you share your love of racing with others who have the same passion. The excitement is palpable, and the stakes are relatively low risk with high reward. Rather than sole ownership where all the responsibility lies on you, shared ownership divides the costs and winnings accordingly. If you’re looking for a way to get more involved in horse racing without jumping into a large investment, syndication is a popular avenue with options nationwide.
As you can see, if you’re curious about horse ownership but deterred by the high costs of sole ownership, a syndicate or partnership may be perfect for you. As one of the leading training operations in Australia, Archibald Racing works with many shared ownership groups to deliver exceptional results and equine care. Get in touch online today to discuss your racehorse ownership goals and how we can help.
