The first thing that you need to do when starting or getting into a horse racing syndicates Australia is to get enough information to help you make a sound decision. Racing a horse is a speculative investment and will need a lot of thought and decision making, prior to making the plunge.
This includes making sure that you know what your goals and expectations are as well as, what makes one syndicate better than the other. This includes the selection of horses and the management process of the syndicate couple with communication and success in racing of the chose horse racing syndicates as well.
Hopefully, the following guide on horse racing syndicates in Australia will provide you with the information that you need to get started. If you wish to look at some of our quality horses, that Simon Zahra himself has purchased from all the major sales in Australia, please press the link here https://www.simonzahra.racing/horses-available/ . We ae not actually race horse syndicators but offer a range of flexible ownership options, to suit most prospective horse owners.
What is a Horse Racing syndicate?
A horse racing syndicate is a group of individuals that come together to buy and indeed race a horse. The price of a horse differs based on age, talent, lineage, and a range of other factors. Horse racings syndicates typically involve between 5– 100 people grouped together in an ownership structure. Race horse(s) will race under the syndicate name and carry the syndicate colours. A syndicate normally has a manager that is responsible for administration and communication to all owners involved. All syndicates are required to have a syndicate agreement, code of conduct and a range of other rules.
You may notice that it’s hard to buy a horse for your personal use, as race horses are often not available for sale. It takes an enormous amount of time and money to breed and train thoroughbred race horses, and because they are bred specifically for racing, they can’t be ridden. This is where Simon Zahra Racing can assist with both the selection and involvement in horse racing syndicates Australia.
What are the benefits of joining horse racing syndicates?
The greatest benefit of joining a horse racing syndicate is that it allows you to be part of a team. This can increase your chances of success by distributing risk among multiple members and having several opinions on which horses are worth investing in.
It can also give you bragging rights amongst friends and other race fans, as well as invite social opportunities through shared experiences with your fellow syndicate members.
Horse racing syndicates can range from two to thousands of people, so there is usually an option to suit all preferences. No matter how many people are involved, however, each person shares equal stakes in ownership to ensure that everyone has a fair chance at winning.
How do we join a Horse Racing syndicates Australia?
To join horse racing syndicates in Australia, you would normally need to submit an online form or ring. You will have to enter your contact details and the amount of money you are willing to invest. Next, you will be put into contact with other people who want to join.
Once you have found a horse racing syndicates that is suitable for you, there are several options that need to be completed and to be paid before entering into an agreement with them.
After joining a accredited horse racing syndicates in Australia, it is up to you as an individual member what type of involvement you have with it as most members do not get involved beyond their initial investment and are only kept informed about race results through newsletters sent out by the group organizer or website updates from one of their members.
Horse Racing Syndicates – Key Takeaways
If you want to buy a racing horse, for example, you won’t simply write a check and get handed an animal. There are typically multiple parties involved in such transactions, owners and syndicators being chief among them and not all of them are equal.
Each party is paying part of the price of that animal, so they need to make sure they have as much protection as possible. In horse racing with Simon Zahra racing in Melbourne, each owner or syndicator has rights over different aspects of ownership.
The Simon Zahra Racing stable invites all people to get involves in Racing and experience the thrills and other elements. So please ring or email Jackson Cook our Racing Manager on jackson@simonzahra.com and he will provide with all the support and information, you need.
