The internet is a great resource for those who want to learn about new opportunities. Owning a racehorse is beyond the scope of many people, but racehorse partnerships are bringing this thrill within reach. By going online, those who want the excitement that come with 'the sport of kings' can learn about what is involved, the risks and rewards, and the legalities.
Owning a share of a horse gives a person all the rights and privileges of an 'owner' (a license-carrying status) without the expense that sole possession entails. Keeping a horse at the track involves training fees, perhaps stall rental, daily maintenance feed and grooming costs, farrier and jockey fees, and entry fees. In all cases, at least some vet bills will be incurred, and injury can involve both expense and time.
As an owner, an individual can visit the backstretch, or stable area, which is off limits to all but licensed personnel. The barn area is fun to see, all bustle and hurry during the morning exercise hours and perfect peace in the afternoons. Horses are either taken to the track by an exercise rider or a jockey or walked by hand around the shed-row or on a mechanical walking machine. Grooms clean the stalls, brush the horses, and wrap their legs with bandages. Trainers oversee everything and spend hours reading the racing form, checking out the competition and selecting races for their charges.
There is also free admission to all parts of the clubhouse and grandstand, even the elevated area where trainers stand to watch their horses run. Then, of course, there's the 'holy sanctum' of the paddock and the ultimate thrill - being in the win picture - all special privileges open to owners. A win picture says it all to those in the know.
There are opportunities to join a partnership online. Thoroughbreds, standardbreds, and quarterhorses are all open to this form of ownership. Some of the top stables in the sport offer well-bred, fast horses to qualified people. One advantage to online opportunities is that the horses offered are already racing and in many cases have proved their ability to win and earn money.
This from of investment carries a lot of risk, but those who going into it are seldom looking for monetary profits. They are seeking to share in the excitement and live the dream of fame and fortune that racing affords. True financial investors often have many shares of different animals, like people who invest in mutual funds to minimize risk and maximize gain.
Trustworthy partners, good management at the top, and a clear, written agreement are vital to success. Partners may fail to pay their share or want to sell out, so remedies for this sort of scenarios must be established in writing. This protects the interests of all partners.
There is a lot of information available about both the sporting side and the legalities of horseracing partnerships. This is an exciting way to have a lot of fun, if everything is correctly structures and operated.
Owning a share of a horse gives a person all the rights and privileges of an 'owner' (a license-carrying status) without the expense that sole possession entails. Keeping a horse at the track involves training fees, perhaps stall rental, daily maintenance feed and grooming costs, farrier and jockey fees, and entry fees. In all cases, at least some vet bills will be incurred, and injury can involve both expense and time.
As an owner, an individual can visit the backstretch, or stable area, which is off limits to all but licensed personnel. The barn area is fun to see, all bustle and hurry during the morning exercise hours and perfect peace in the afternoons. Horses are either taken to the track by an exercise rider or a jockey or walked by hand around the shed-row or on a mechanical walking machine. Grooms clean the stalls, brush the horses, and wrap their legs with bandages. Trainers oversee everything and spend hours reading the racing form, checking out the competition and selecting races for their charges.
There is also free admission to all parts of the clubhouse and grandstand, even the elevated area where trainers stand to watch their horses run. Then, of course, there's the 'holy sanctum' of the paddock and the ultimate thrill - being in the win picture - all special privileges open to owners. A win picture says it all to those in the know.
There are opportunities to join a partnership online. Thoroughbreds, standardbreds, and quarterhorses are all open to this form of ownership. Some of the top stables in the sport offer well-bred, fast horses to qualified people. One advantage to online opportunities is that the horses offered are already racing and in many cases have proved their ability to win and earn money.
This from of investment carries a lot of risk, but those who going into it are seldom looking for monetary profits. They are seeking to share in the excitement and live the dream of fame and fortune that racing affords. True financial investors often have many shares of different animals, like people who invest in mutual funds to minimize risk and maximize gain.
Trustworthy partners, good management at the top, and a clear, written agreement are vital to success. Partners may fail to pay their share or want to sell out, so remedies for this sort of scenarios must be established in writing. This protects the interests of all partners.
There is a lot of information available about both the sporting side and the legalities of horseracing partnerships. This is an exciting way to have a lot of fun, if everything is correctly structures and operated.
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