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How To Join a Horse Racing Syndicate

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Owning and maintaining a racehorse is a very expensive business and although joining a racing syndicate doesn’t come cheap, it does provide a way of living your dream. Undoubtedly this a very exciting hobby but the cost of buying your own horse and then funding the stable bills, veterinary costs and racing fees can become very expensive. However, being involved in a syndicate is not just about sharing costs … it is also about the excitement of the racecourse and sharing the joy of winning.
1: 
Nothing beats the thrill of watching your own thoroughbred in your syndicate’s colours pass the winning line first – and should you be interested in starting out in horseracing ownership, the best way is to begin is with a syndicate.
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A privates syndicate, often arranged by a racing yard, is a group of individuals owning shares in a horse being trained for racing, which enables all syndicate members to share the benefits and the costs.
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The people in the syndicate pool together funds to buy a share in the racehorse and have it trained to race, with each person paying a substantial monthly fee.
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Syndication, however, allows you to get involved in the excitement of horseracing without it hugely impacting on your life, because the professional trainer is responsible for the day-to-day care and management of your horse.
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One of the most well-known of the syndicates is The Champagne Club, formed over 22 years ago and which has grown to become one of the most successful. Newmarket based Alan Bailey is the Club’s trainer and with his excellent tips the members have more than covered their investment with some terrific gambles landed during the year. Alan is also quite a character and has hosted some great social events for the Club members at his Newmarket based stables.
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The Club also arranges social events at the racecourses and as a shareholder you will be kept fully informed of your horse’s racing plan by text, plus you will receive an ownership certificate with photograph. Racecourse badges (subject to availability) will be provided at a reduced cost when your horse races and hospitality will be arranged whenever possible. Check out their website and see what’s on offer and how a good syndicate should be run.
Conclusion: 
Horse racing provides an opportunity to meet with friends, new associates and fellow enthusiasts in a fun, entertaining and social atmosphere. You may even get up on the winners podium!
Tips: 
Ask for syndicate details at your local racing yard
Compare syndicate details on the internet
Warnings: 
Be wary of a syndicate that will not allow you to visit the stables and see your horse.

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