Syndicate "the complete racing experience"

ElvisisKing Wrote:

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> EASY......... with the few horses I've leased ...
> there is a clause for the owners " If it's a dog,
> send it back to the breeder " you are not
> compelled to feed it forever and a day............
> should it be a " dog " a good breeder will gladly
> replace it ( should you be interested in still
> feeding / paying every month )


of course he will gladly repace it, he is getting it "tested" for ZERO and if it flukes anything he gets 25%....Its so obvious it beggars beleif you guys cant see it.

Sign a contract for 12 months and deal with poor or average or champion. then start again

Here is my other concern and im not implying that it is the case here but a lot obreeders send there fillies that the couldnt sell for whatever reason to a trainer and ask him to either lease it themselves or find someone else to lease the horses.Make your own conclusion as to why a trainer would choose to not lease it himself or at the very least to retain a share for himself,Makes you think no.

This is not a personal attack on you Lsetaro,i enjoy your comments on horseracing and the effort that you put in,but the game is fraught with mistrust,ask yourself why.

tangles, Corne Spies appears to " lease " a lot of horses in his own name......... only last week he personally had 5 runners in Kimberley, all babies running in his colours.

must cost him a fortune in silks and caps if they were in the same race...............lol

Lsetaro,I didn't comment on the honesty.......but I know that every party in any transaction is being remunerated,no matter how it's wrapped,and leasing of "bought" fillies will be structured to recover the purchase price without relinquishing the horse.
I think it was stated that the summary is,that for R833 pm you get 5% of 2 horses........WHY would you do it ?
It can't be for the money as a profit is extremely unlikely and it can't be the prestige as your name is buried within the syndicate.
I'm sure it's "for the fun" .....and there is no fun in unnecessary margins IMO.

When I got my colours 35 years ago, I leased horses on a 50/50 basis.
If it was a dud, it goes back to the breeder.
75/25 does not seem to bad to me – if a trainer leased you a horse for zip, you would probably earn zip stake money, and only pay training fees.
Where will they race – Gauteng or Natal?

I would be keen if in JHB or PE. Durban is to humid and air smells funny.

75/25 no upfront cost seems nice.

i would like the yard to take a % keeps them interested as well.

I would not keep a horse on lease for 2 years if no good.

Training fees are high. i guess you get what you pay for.

Would be nice to have a few horsies in training at such a relativ low entry cost.

newbies need to understand this is a loss making venture before they start.

if they want profit put in a bank or stock market.

Fingers, GVZ has his main operation in Dbn with a satellite yard in JHB. These two fillies in particular will continue here in DBN whilst undergoing their foundation work and build up into their first races. Moving them temporarily to JHB for the highveld outseason may well be an option depending on how they are performing at that stage. The specialist feedback to owners only applies when they're in Durban, as I will disseminating this information myself. (No Rob, I won't be making anything extra on doing it, it is a service that i will happily provide free of charge as part of the syndicate offer to Dave).

Rob, the price is R6300 excl. vat per month per horse. That equates (in a 10 member syndicate) to R630/month (R718 incl vat) per member for 10% share in 1 horse. Or, R1260/month (R1436 incl vat) for both with a 10% share in each. The reasoning behind the 3 months up front was included so as to save Dave (as the syndicate nominee) the headache of collecting money from 10 people on a monthly basis. Extra was added in (R190.00 per member) to the first payment to cover misc. costs such as NHRA fees etc. Every cent would be accounted for and any monies remaining after initial setup would be credited back to syndicate members or offset against the next monthly bill. I can assure you, this is one of many deals that I have been involved in where I don't make anything tangible. If helping others is considered 'making something' then yes, you're on the button.

Harry Hotspur, the claim you refer to was made when I was training Miss Diana. I cannot be held responsible for her performances after I left the stable, which in case you aren't aware, was before she ever got to the racetrack! Even so, clearly something was amiss with her first run when she finished tailed off last, after that she went straight over ground (and not sprints), and yet you still choose to hold me to something completely out of my control!

The only money to be made in racing horses in South Africa is to sell them after they have reached a high level of accomplishment. Prize money is not significant enough to justify the investment based strictly on earnings. So leasing a horse kills the opportunity to make a big profit, unless I am missing something in the scheme presented herein.

Barry this is not a business plan to make big profit, its an offer to get involved with racehorse ownership at an affordable rate, have some fun and excitement along the way and hopefully make a little or break even in the end. If the horse/s dont turn out as expected, theres no obligation to stay in and the loss would be minimal in comparison to an outright purchase.

I have been involved in partnership racing since 1973. I have never met anybody that would be interested in a plan like yours. Racing on every level is about gambling, whether it is gambling on races or horses. Gambling involves risk. No risk, no reward. Are there really people that want to race horses simply to "be involved?" Don't get me wrong, but leasing generally favors that individual that actually owns the horse and the trainer, because both earn. The only thing your plan offers is less risk. And the less risky a venture is, the less chance there is for a reward. I never considered it to be the goal of owners to fill up stalls for trainers or provide racing managers with tools so that they could prove themselves. If those owners that put up the money don't have a chance for a significant reward, there is little point to the enterprise. I know that if I tried this scheme in America it would completely fall on deaf ears.