A great insight into the realiteit of horse racing ownership, like most who have and do follow racing I dream of having even partial ownership, keep up the great work and things will.turn.
I have a very similar story to you i bought a half share in a horse and it got injured at Newbury when it bolted and the other owner wanted out so i bought the other half,it took 9 months to get him back on the track again at Newbury where he finished 5th and then went on to finish runner up in a few sprint handicaps twice to a stable companion lol. I went on to have a few more horses one a hurdler who was runner up at Sandown as well as a few flat winners. I remember your horse winning at Sandown and he looked good on the day and looked a future chaser to me i would try and find him a easy chase race with a small field where he can boss it to try and build his confidence and hope the leg stands up to it.
Very good,just what we need an insight behind closed doors at a Racing Stable.I’ve been a syndicate member before and go racing and watch for 40yrs.And like a bet .👍
@@chrisbrader7720 thanks for watching and leaving a comment. It’s great to hear that we are hitting the spot with this content. All the very best . Matt
Interesting video, quite surprised at the fees as we were paying this or perhaps even a little bit more around 20 years ago with a very moderate trainer in the north of England, the basic fee appears reasonable but with all the extras on, it very quickly mounts up
@@Dudders_32 yes , extras are plenty. Basically looking at £70 per day in season. It basically works out at around £17 per day taking things over the year which does not seem so bad.
Excellent interview, quiet right about Racing not being “honest” I.e not highlighting the downside to ownership, ( we only hear about the success stories, and how to get involved via a syndicate for fun with small outlay) plus having followed her progress since losing her allowance, Lilly Pinchin ( currently rides for Charlie longstone ) given the opportunity, certainly has the potential to be a top flight jockey👍
I asked Phil Mcentee about 15 years ago the same question A good old handicapper for one year with a reasonable campaign on the flat and also if you were lucky with the vet his reply was £20k then plus VAT unless you open a syndicate or company where you can get the tax back.
Thank you for watching and leaving a comment. Yes that sounds right. If you are company owned it is a business cost but at the same time prize money then into the business is taxable. Swings and roundabouts.
@@AnnMurphy-b6m Thanks for the message and I hope you enjoyed the video ? Love & care of the horses is at the heart of what everyone in the yard gets up for.
@@sarahjones-jf4pr thanks for the message. Because I thought I’d trust the seller as knew him for a while. We all make mistakes , including yourself. Least I am honest about mine. Thanks for watching. Have a lovely weekend 🙏
@@onecarefulowner What is dishonest about my reply? also what is the mistake? have never even dreamed of buying a horse even off my sister without a veterinary check?honest advice and why the comment "Least I am honest about mine"?? sorry do not understand?
Unless you get a horse that performs better than his price to buy was,and that’s highly unlikely,it will be cash down the toilet.I worked in the betting industry for a lot of years and I have never seen a horse that was cheap to buy winning a group race.James
Thanks for watching and leaving a comment. I agree that the cost of the horse has to be seen as money you will not see again. The success stories of cheap buys that conquer the world are very rare. I do think you should be able to win a race and be able to cover your training fees which is not the case in most cases. The prize money situation is a huge concern.
If you know how to use a search engine you'll find there's lots of cheap horse that have won a lot more than they cost. Hedgehunter, tiger roll, many clouds, flooring porter, hewick, native river, snow fairy, the new one. The list goes on and on..
I was that man once. I had multiple Racehorses. I thought i could beat the system. I had that belief/arrogance. You have virtually no chance mate. Please please please pack it in before you do your doe on a sport you have F all chance in. I thought i was wealthy. and compared with most folk i was, but compared with the elite, i was a joke. Sorry but you are just a Mug, as i was, get out of it as soon as you can.
@@unionjakjakson thanks for watching and leaving a comment. I agree it’s a real tough game and the prize money system does not allow for owners to make it pay no matter how clever you are. Don’t worry I have not got my head in the sand.
@@KatePerry-y5s thanks for the message and giving time to watch the video. I hear what you are saying , the budget is based on the average. Anything from 20k -25k. Sometimes less sometimes more. All the very best.
@@onecarefulowner Also, I would look at how many racehorses are bred each year and how many actually see a racecourse, let alone win!! You're doing a good job! I hope you keep going! 🙏
@@KatePerry-y5sthe average horse in training ( NATIONAL HUNT) runs 2.8 times per season. I was part of a syndicate , 20 people , 5 horses 2 were useless 2 got injured 1 was placed a few times Syndicate broke up after 3 years .
@@markclitheroe900thanks for the message Mark. It’s so good to hear other peoples experiences. I hope you enjoyed the video and will follow Max Progress. All the very best
This is not rocket science, race horse ownership is actually owning a living creature not a car. People can get involved at various levels but if you are getting involved to get rich quick, then you are going to be sorely disappointed. You have to see ownership as basically spending money on a hobby or interest. Few horses become world beaters and sometimes horses never get to the track. Essentially they are fragile creatures, spindly legs out of proportion to their size. See how many broodmares were unraced or raced just once! For those of senior years, Princely Review cost a fortune in the 70’s, most expensive horse in history at the time. Absolute wanker as a racehorse, struggling to win a maiden. Useless and worthless basically, the only difference between the owner and you and your group? He didn’t bleat about the money! A true owner who understood that racing and making money from it was akin to winning the lottery
Thank you for watching and being part of my journey. I agree largely with what you are saying. Sharing the raw emotion of ownership I feel is important and being well received. Great Stuff
@ My advice to anyone in 2024 wanting to get a taste of racehorse ownership is purely this. Before committing to buying a horse, take a share in a horse via the stable you have earmarked as your establishment of choice for training the horse. Most trainers have syndicate horses or if they don’t, then others will. Even Paul Nichols has syndicate horses. This still gives you the thrill of ownership and suits most pockets. Some syndicates are £50 a year. If you want to invest more, then look at a 10th share or greater. Again many trainers have partnerships available
Absolutely. The only thing you will not get, is a say in what goes on. I agree though it’s a good introduction into ownership hence why it’s been so successful. It does not help the smaller yards mind. Putting them out of business
A great insight into the realiteit of horse racing ownership, like most who have and do follow racing I dream of having even partial ownership, keep up the great work and things will.turn.
@@ianmcarthur1203 thanks so much Ian. Happy Nee Year
I love your videos, thank you so much for sharing your adventures.
Thank you so much for leaving a comment. Its certainly an adventure
Excellent interview with a chap clearly quite happy to tell things the way they are, warts and all!
@@grahamsharpe7784 thank you so much for watching and leaving a comment. All the very best
I have a very similar story to you i bought a half share in a horse and it got injured at Newbury when it bolted and the other owner wanted out so i bought the other half,it took 9 months to get him back on the track again at Newbury where he finished 5th and then went on to finish runner up in a few sprint handicaps twice to a stable companion lol. I went on to have a few more horses one a hurdler who was runner up at Sandown as well as a few flat winners. I remember your horse winning at Sandown and he looked good on the day and looked a future chaser to me i would try and find him a easy chase race with a small field where he can boss it to try and build his confidence and hope the leg stands up to it.
@@paulterry7672 thanks for watching. I agree , he does look like a chaser. All the very best
Very good,just what we need an insight behind closed doors at a Racing Stable.I’ve been a syndicate member before and go racing and watch for 40yrs.And like a bet .👍
@@chrisbrader7720 thanks for watching and leaving a comment. It’s great to hear that we are hitting the spot with this content. All the very best . Matt
Interesting video, quite surprised at the fees as we were paying this or perhaps even a little bit more around 20 years ago with a very moderate trainer in the north of England, the basic fee appears reasonable but with all the extras on, it very quickly mounts up
@@Dudders_32 yes , extras are plenty. Basically looking at £70 per day in season. It basically works out at around £17 per day taking things over the year which does not seem so bad.
Excellent interview, quiet right about Racing not being “honest” I.e not highlighting the downside to ownership, ( we only hear about the success stories, and how to get involved via a syndicate for fun with small outlay) plus having followed her progress since losing her allowance, Lilly Pinchin ( currently rides for Charlie longstone ) given the opportunity, certainly has the potential to be a top flight jockey👍
Thank you so much for taking the time to watch the interview. I will pass on the lovely comment to Lilly Pinchin. All the best best
I asked Phil Mcentee about 15 years ago the same question
A good old handicapper for one year with a reasonable campaign on the flat and also if you were lucky with the vet his reply was £20k then plus VAT unless you open a syndicate or company where you can get the tax back.
Thank you for watching and leaving a comment. Yes that sounds right. If you are company owned it is a business cost but at the same time prize money then into the business is taxable. Swings and roundabouts.
We would love to hear from you , please leave us a comment 👍
Thanks for watching
Excellent, lots of insights. thank you.
@@noelmagnus8252 thank you for taking the time to leave a comment. So pleased you enjoyed the video. Plenty more coming up. All the very best
People are soe ignorant about keeping animals let alone a race horse race horse ownership is not for Plebs Ann Murphy Ireland
@@AnnMurphy-b6m Thanks for the message and I hope you enjoyed the video ? Love & care of the horses is at the heart of what everyone in the yard gets up for.
What person would not have a horse vetted , any horse let alone a racehorse goes beyond logic.
@@sarahjones-jf4pr thanks for the message. Because I thought I’d trust the seller as knew him for a while. We all make mistakes , including yourself. Least I am honest about mine. Thanks for watching. Have a lovely weekend 🙏
@@onecarefulowner What is dishonest about my reply? also what is the mistake? have never even dreamed of buying a horse even off my sister without a veterinary check?honest advice and why the comment "Least I am honest about mine"?? sorry do not understand?
Vanity project.
Thanks for watching and leaving a comment.
Unless you get a horse that performs better than his price to buy was,and that’s highly unlikely,it will be cash down the toilet.I worked in the betting industry for a lot of years and I have never seen a horse that was cheap to buy winning a group race.James
Thanks for watching and leaving a comment. I agree that the cost of the horse has to be seen as money you will not see again. The success stories of cheap buys that conquer the world are very rare. I do think you should be able to win a race and be able to cover your training fees which is not the case in most cases. The prize money situation is a huge concern.
If you know how to use a search engine you'll find there's lots of cheap horse that have won a lot more than they cost. Hedgehunter, tiger roll, many clouds, flooring porter, hewick, native river, snow fairy, the new one. The list goes on and on..
@@rheazeus123 but very rare
I was that man once. I had multiple Racehorses. I thought i could beat the system. I had that belief/arrogance. You have virtually no chance mate. Please please please pack it in before you do your doe on a sport you have F all chance in. I thought i was wealthy. and compared with most folk i was, but compared with the elite, i was a joke. Sorry but you are just a Mug, as i was, get out of it as soon as you can.
@@unionjakjakson thanks for watching and leaving a comment. I agree it’s a real tough game and the prize money system does not allow for owners to make it pay no matter how clever you are. Don’t worry I have not got my head in the sand.
If you're going to keep horses, you don't budget!! You need copious amounts of money you can just write off!!
@@KatePerry-y5s thanks for the message and giving time to watch the video. I hear what you are saying , the budget is based on the average. Anything from 20k -25k. Sometimes less sometimes more. All the very best.
@@onecarefulowner Also, I would look at how many racehorses are bred each year and how many actually see a racecourse, let alone win!! You're doing a good job! I hope you keep going! 🙏
@@KatePerry-y5s I do not have that number to hand unfortunately.
@@KatePerry-y5sthe average horse in training ( NATIONAL HUNT) runs 2.8 times per season.
I was part of a syndicate , 20 people , 5 horses
2 were useless
2 got injured
1 was placed a few times
Syndicate broke up after 3 years .
@@markclitheroe900thanks for the message Mark. It’s so good to hear other peoples experiences. I hope you enjoyed the video and will follow Max Progress. All the very best
This is not rocket science, race horse ownership is actually owning a living creature not a car. People can get involved at various levels but if you are getting involved to get rich quick, then you are going to be sorely disappointed. You have to see ownership as basically spending money on a hobby or interest. Few horses become world beaters and sometimes horses never get to the track. Essentially they are fragile creatures, spindly legs out of proportion to their size. See how many broodmares were unraced or raced just once! For those of senior years, Princely Review cost a fortune in the 70’s, most expensive horse in history at the time. Absolute wanker as a racehorse, struggling to win a maiden. Useless and worthless basically, the only difference between the owner and you and your group? He didn’t bleat about the money! A true owner who understood that racing and making money from it was akin to winning the lottery
Thank you for watching and being part of my journey. I agree largely with what you are saying. Sharing the raw emotion of ownership I feel is important and being well received. Great Stuff
@ My advice to anyone in 2024 wanting to get a taste of racehorse ownership is purely this. Before committing to buying a horse, take a share in a horse via the stable you have earmarked as your establishment of choice for training the horse. Most trainers have syndicate horses or if they don’t, then others will. Even Paul Nichols has syndicate horses. This still gives you the thrill of ownership and suits most pockets. Some syndicates are £50 a year. If you want to invest more, then look at a 10th share or greater. Again many trainers have partnerships available
Absolutely. The only thing you will not get, is a say in what goes on. I agree though it’s a good introduction into ownership hence why it’s been so successful. It does not help the smaller yards mind. Putting them out of business