Partnership limited to five 20% shares at $5,000 each (5 x $5,000 = $25,000 claiming price) Training estimated $750 per month per 20% share (partner pays his share of ACTUAL expenses) Payment needs to be in hand BEFORE horse can be claimed; Initial partner investment will be held on account until partnership is filled with five partners After all the hours we put in, we are able to walk away with the equine athlete we fell in love with and couldn’t be more excited to have. ⏰: Race 4, 2:35PM Winning a stakes or graded stakes will substantially increase the value of the horse for future earnings and breeding potential. Black Cloud Stable offers a unique investment opportunity, providing individuals or groups access to own a Thoroughbred racehorse for a single up front payment with no subsequent payments for the life of the partnership. Drawing Away Stable allows you to know and control the amount that you are interested in or able to invest. In addition, we take care of all your hospitality needs at the racetrack and assist in travel accommodations so that you can see your horse race even if you are from out of town! Extraordinary expenses are not budgeted for, but would still be required to be paid, should such events occur. See budget below. With our “no expenses ever" concept there are never any additional expenses, so your investment is … Why own a racehorse with Drawing Away Racing Stable?
100% of a horse quarterly.
Schedule K1 for your investment in the partnership will be prepared by our tax accountant and provided in February of each year for you. Farrier $120/Month $ 360. Home About Us Ownership The Investment The Offering Partners Contact Us. We work very hard to make sure that YOU the owner are satisfied with everything Dream Maker Racing from the way we operate to getting your horse in the winner’s circle. ($287/mo for a 10% share) for a horse stabled at Golden Gate Fields. TOTAL MONTHLY BUDGET $6,577 or $65.77 per share per month. Meetings are held with all involved, notes are compared, decisions are made, the list shrinks, pinpointing our top choices right up until auction day. Photography courtesy of Mia Gallo, Ryan Thompson & Adam Coglianese. Affordable Shares: Unlike the majority of partnership opportunities, Pocket Aces Partnerships are affordable. Expenses include: Trainer Daily Rate $ 75/Day $ 6,750. Horse racing partnerships offer the thrills and gratification of the Sport of Kings at a fraction of the investment required to purchase and maintain an entire horse on your own. 3. With West Point Thoroughbreds, you are in the care of complete professionals who guide you through the process of ownership and manage the day-to-day operations of and care for your horse. "Entering in to my first horse racing partnership, I was naturally very nervous and did not know what to expect. Our owners will become fully credentialed through the New York State Gaming Commission and NYRA so that you can enjoy all the perks that come along with ownership. Veterinarian $400/Month variable $ 1,200. The stable normally owns 25-50% of each horse in the offering and pre-structures the remaining ownership in the horse to other stables, partnerships and owners. Dream Maker Racing is supported by over 100 unique owners from all over the country. Picking our Dream Maker horses is a dynamic process. The most difficult cost to budget for is the vet expenses, which can vary significantly from horse to horse. These costs (expenses) are the typical expenses incurred for each horse owned.
Weeks before the auction we spend countless hours going through sales catalogs marking our initial interests based on pedigree. Mutual Horse Partnership From time to time Final Furlong may assemble what we call a mutual horse partnership. Home About Us Ownership The Investment News Partners Site Map Contact Us. Dare To Dream Stable has been a leader in thoroughbred race horse ownership since 2002! ♂️: @, Dream Maker Racing, LLC, PO BOX 585, Saratoga Springs, NY, 12866.
The trainer answered all the questions I had and really made me feel even more comfortable with my investment. Our geneticist will confirm matings and seek out the best "nicks" concentrating on proven sires and deep stakes caliber female families. Z Thoroughbred Racing LLC retains 5% of all purse earnings for administrative expenses. Partners can purchase into one horse, multiple horses, or special “baskets” where the single investment is allocated across several horses within the stable. Documentation will include a written contract with all terms and conditions outlined. Driven by a common love for horses and a passion for the industry, investing in a racehorse has become one of the best decisions many of our partners have ever made. The bidding begins, our hearts are pounding, the pressure mounts, will we get the horse of our dreams? California's premiere horse racing partnerships is Blinkers On Racing … Most racehorse owners belong to a partnership. Copyright © 2017 Z Thoroughbred Racing LLC, All rights reserved. What are the benefits of a partnership? Our owners hail from nearly 40 states, and 3 international countries. Partnerships make economic sense because you don't have to be a king to enjoy the sport of kings. The following represents the budgeted monthly costs for each horse based on each 1% ownership (one share): $65.77 per month. Trainer and jockey will collect 10% each, with 5% to ZTR LLC. After viewing hundreds of horses the time comes to make a shortlist.
Click below to read testimonials from our owners. To determine the amount for larger percentages, multiply the above figures by the percent you intend to purchase or call us and we will be happy to assist you in calculating the amount. It is best to inquire via our Contact page to review specific details. Features of the Black Cloud Stable horse racing partnership investment structure: The single payment covers horse purchase price, training fees, maintenance, travel costs, etc. Purse monies earned after any jockey and trainer take are returned to you within 14 days of the race. It’s Race Day! So 75% of a winning horses earnings, ($9,000 in our example), will be distributed to the partners. Each week we publish content that touches on all aspects of the industry and of course Dream Maker Racing. The initial investment includes purchase of your percentage of the racehorse plus actual expenses since the beginning of the year plus estimated expenses for the current quarter. 2. The Dream Team Racing Stable feels like a big family and I can't wait to have my horses get to the track." A mutual fund partnership offers partners ownership in at least two horses. Of course, a winning horse appreciates in value to add to your return on investment upon sale.
The following represents the budgeted monthly costs based on the $65.77 per share payment per month: Training Day Rate $ 3,100, Blacksmith $ 180, Vet Expenses $ 1,000, Misc. Additional expenses may include any race nomination and entry fees. Z Thoroughbred Racing LLC retains 5% of all purse earnings for administrative expenses. We are customer service oriented with everything we do to make sure that your ownership experience is the best it could be.
I was very impressed with their top class facility and the people that took care of the animals were incredible. Horse Racing Partnerships syndicate shares in a thoroughbred racehorse to lower the cost of ownership and reduce risk. (Shipping, vitamins, equipment, etc.)
The best Horse Racing Partnerships with a proven record of success. Black Cloud Stable offers a unique investment opportunity, providing individuals or groups access to own a Thoroughbred racehorse for a single up front payment with no subsequent payments for the life of the partnership.. Your expenses are proportional to your percentage investment and are actual costs with no mark-up.
Costs (expenses) are invoiced quarterly in advance. Return on Investment. ... "Entering in to my first horse racing partnership, I was … Estimated expenses are billed to you quarterly with the prior quarters actual expenses reconciled. ALLOCATION OF BUDGETED EXPENSES. Together our team has over 60 + years of experience in the thoroughbred industry. Quarterly expenses for training a racehorse at the track are estimated at $8,610. *- denotes fixed expenses, everything else is variable. All sale proceeds will be distributed to the partners on a percentage basis; ZTR LLC receives 10% commission on the sale of a profitable racehorse. Most horses will not exceed the budgeted expenses, but it is possible - should unforeseen situations occur (extraordinary vet bills, injury, litigation, etc.). Before the big day arrives all of our horses are carefully inspected by our bloodstock team which includes watching them walk, gathering background information and sometimes simply getting the feel for the presence of each horse. Horse Racing Partnerships. Our team is comprised of experienced horsemen who will always put the horse first. Dream Maker Racing horse racing partnerships give owners the opportunity to get into the thoroughbred horse racing business with the benefits of minimum risk, maximum purchase power, and the advantages of experienced management. The partners then divide the prize money [source: Investment Advisor]. Through the 2 year old year, payments are fixed at $65.77 per share per month as stated in the Operating Agreement document. $ 200, Bookkeeping* $ 275, Annual Tax Return/K-1 Document Preparation $ 208, Office Expense $ 699, Overhead Allocation* $ 915. We don’t over inflate (or mark up) the price of the horses. Transportation $100/Month variable $ 300. On the day of the sale, our favorite horses are vetted from head to toe by the top veterinarians in the business. (B., Georgia), Home | Partnership FAQ | Photo Gallery | Stable News | Contact | Logout | Site Managers | Partner Login. Through your journey, you will never feel out of place as our owners are treated as individuals as opposed to a single group. It's fun, easy and affordable. Copyright © 2017 Z Thoroughbred Racing LLC, All rights reserved.
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