Horse Racing Partnerships
Get All The Excitement of Owning A Racehorse With Less of the Risk!
Nov 4, 2007
Thoroughbred horse racing partnerships make owning a racehorse more than just a dream! If you've always wanted to be part of the fun and excitement in and around the winner's circle, this may be the opportunity you've been looking for!
A thoroughbred racehorse partnership is just that - a group of individuals who invest in a young horse and share in the care, feeding, maintenance, training and veterinary care. Because these fees can be quite expensive, forming a limited license partnership allows all of the partners to share in the cost as well as the rewards when and if their horse becomes a winner.
The benefits of a thoroughbred racing partnership are many:
- Raising and training racehorses is a highly expensive undertaking. By sharing in a small percentage of the cost, you are fee to buy one - or more - shares of the horse you choose.
- Owner benefits typically include free access to the back stretch, preferential seating, free parking, and access to the owner and trainer
- The excitement and thrills as your horse races toward the finish line amid the cheering crowd...the joy of winning a race and joining in the winner's circle celebration and sharing the purse.
Choosing a horse involves finding the right racing partnership group, someone with a reputable background in the racing business. Skilled and experienced trainers are the key to successful thoroughbreds, and there are many to choose from. One such business in upstate New York, Parting Glass Racing in Saratoga Springs, offers a network of highly experienced leaders in the racing industry, as well as a full complement of owner benefits: monthly meetings with guest speakers, newsletters, and access to the track and the managing owner.
It's a good idea to choose carefully when it comes to racehorse ownership. Ask a lot of questions, such as :
- What is it's performance record overall?
- What are all the fees and expenses expected of the owners?
- What type of partnership is it, what are your liabilities?
- Who chooses the horses available for partnership?
- Who are the managing owners, and what type of access will you have to them?
- Who keeps track of the fees and expenses, how and when are they disclosed to you?
If you've always dreamed of owning a racehorse but the cost was prohibitive, a race horse partnership is a fun alternative to have increased access to the track, the horse, and the inner world or racing. Winning is never guaranteed, but the excitement and breathtaking thrills of cheering your own horse down the track is!
