The rise of Horse Racing Syndicates
Racehorse ownership has often been the dream of racing enthusiasts, but that has been as close as it gets for most people. However, with the rise of Syndicates, plenty of people are now getting to experience the thrill of racehorse ownership at a much affordable price.
Owning a horse outright can prove an expensive prospect, with the initial purchase of the horse followed by monthly training costs, vet bills etc. However, racing syndicates have revolutionised the sport and made it more accessible for all. A one-off payment to cover the duration of the syndicate term seems a much more appealing option than forking out a hefty sum to purchase a horse, followed by paying monthly fees.
Because of this, racing syndicates have seen a sharp rise in popularity, allowing anyone and everyone the opportunity to experience being a racehorse owner without having to take on the full costs and risks of outright ownership. A good example of a racehorse syndicate is www.racingclub.com, who offer shares from just £25 and offer plenty of benefits, including:
- Regular updates on the horses
- Individual WhatsApp groups for each horse you have a share in
- Jockey and Trainer updates
- Equal share of prize money
- Regular opportunities to attend stable visits
- Ballots for owner badges when your horse runs
- Ballots to win hospitality tickets at various venues, including Newbury Racecourse, Wembley Stadium, O2 Arena London and Southampton FC.
- Plus many more benefits.
It’s fair to say that syndicates have completely transformed the sport and allowed more people to get involved and enjoy the buzz of horse racing ownership. By making the costs more affordable, it has opened up the opportunity for more people to become owners, which has proved crucial for the future of horse racing.