 HISTORY
When I began forming ownership partnerships in 1991
I asked myself what I would want out of owning a share in
a race horse and hoped that by doing this I would be able
to offer a service which encompassed all of the fun and enjoyment
of sole ownership at a fraction of the cost.
I was not at all sure that this was achievable by
being part of a racing club whose sole purpose seemed to be
to get as many people together as possible to share the costs
of racing other peoples horses, the horse would run in a club
name, owners badges were only available through a ballot and
the whole experience seemed to be very remote. I knew I would
like to be a lot nearer the action!
There are two forms of multiple ownership under the
current rules of racing. A 'partnership' is a group of between
2 and 20 owners and a 'syndicate' is a similar organisation
but has many more members and is usually run more along club
lines, often with more than one horse.
I decided therefore that partnerships offered the
kind of one to one service that I was looking for as the number
of people involved with each horse was limited by British
Horse Racing Board regulations to just twenty. In fact I have
limited our partnerships to a maximum of 10 shares per horse.
This gives the prospective owner with a small budget
a wonderful way into the sport and maintains a friendly one
to one feel to ownership in a system where individuals count. |
