The perfect opportunity to get involved with racehorse ownership with one single payment, no VAT, no training fees, no vets fees, no extras whatsoever. You choose how much you want to spend on a year’s racing in 2014.
Horses First Racing will be heading to the Breeze-up sales looking to buy a very exciting prospect, a young two-year-old thoroughbred, that will make its debut in 2014. Horses First Racing will also be investors in the horse and the pitch gives them a budget of £30,000, the amount that they paid last year for Flying Bear (pictured winning at Glorious Goodwood.)
The remainder of the money being raised is to ensure that all other associated costs are covered to enable the pitch to be all inclusive of all costs for a full years training. The breakdown of these costs can be seen on the financial overview attached to this pitch.
All owners will get their share of any winnings that their horse may earn as well as the proceeds from the sale of the horse, if and when it is sold.
Obviously the higher the amount invested, the larger share of the returns you would be entitled to but irrespective of the size of share purchased everyone gets their share.