This week falls between Cheltenham and Aintree and with a decent gap between the two meetings this year, plenty of horses will look to back up after a run at Headquarters in an attempt to land the spoils at Liverpool, writes Martin Higgs.
I will review both the meeting and, of course, the Grand National next week, so I thought I would use the column this week to highlight the ever-changing world of racehorse ownership.
Owning a racehorse is no longer just for the wealthy; today, there are options to suit almost every budget.
At the most accessible end are micro-share schemes, where you can buy a small stake in a horse, sometimes for under £50.
It’s a great way to experience racing from the 'other side,' with regular updates via apps, stable visits, and the chance to see your horse run through ballot-based raceday access.
Racing clubs offer a similar, subscription-based experience without legal ownership, but still provide stable visits and raceday involvement.
Syndicates have been the driving force behind the sport’s growth, dividing horses into multiple shares.
Members share costs and prize money, although decisions are typically handled by the trainer and a manager.
Syndicates can range from as few as six members to as many as 200.
As a syndicate manager myself, I prefer to run groups of eight to ten, as this helps guarantee raceday access and creates a personal experience.
For greater involvement, partnerships allow smaller groups to co-own a horse, sharing both expenses and decision-making, usually an involvement of two to four people.
At a higher level, company ownership structures combine racing with business and hospitality opportunities.
Finally, sole ownership remains the pinnacle where one individual funds and controls everything.
From micro-shares to full ownership, British racing now offers a pathway for everyone to experience the thrill of the sport of kings.
It really is great fun, and nothing compares to cheering home a winner when you have a personal involvement.
If you’re tempted, get in touch with a local trainer, they will be more than happy to answer your questions and outline available ownership opportunities.
If any appeal you can then start your journey with a visit to the yard. You’ll learn a great deal over a coffee and a chat.
All businesses need new customers and the sport that keeps you entertained is no different so why not come along and join the party?
It’s not as expensive as you think.
Taunton’s next meeting is on Thursday, 9th April, featuring a Family Fun Day.
There will be plenty of activities for children, along with a parade of retired racehorses Frodon (pictured) and Black Corton.
Early bird tickets are available at www.tauntonracecourse.co.uk, and children go free.
Share