Owing a race horse is one of the thrills of life relatively few people know. The 'sport of kings' can be hands-on or purely a spectator sport. For those who want the excitement without the often heavy cost, racehorse partnerships can be the answer.
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.
However, owners can visit the backstretch, or the stable area, which is strictly off-limits to all but licensed personnel. Many feel that sharing the hustle and bustle of early mornings, the peace of afternoons, and the focused activity of race time prep is the best part of it all. Sometimes owners can talk strategy with the trainer, another fascinating part of racing.
Owners also get free admission to the clubhouse and grandstand, can enter the paddock, and can be in the win picture if their horse crosses the finish line first. Talk about a great wall decoration. This is the crowning touch to it all.
Go online to find information on race horse partnering and opportunities to join top stables. All kinds of racing - thoroughbred, harness, and quarterhorse - are open to investors. Often horses offered are already racing - a great advantage, since many horses don't get that far - and earning money. Both claimers - horses put up for potential sale as a condition of entry - and stakes horses, which run for big purses, are offered.
Those who are looking for an investment with monetary returns often have shares in many horses, which spreads the risk like a mutual fund does in the stock market. Others know that the real returns are in entertainment and being on the inside of a historic and exciting sport. The dream is what racing is about, although fabulous fortune and enduring fame are always possible.
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.
However, owners can visit the backstretch, or the stable area, which is strictly off-limits to all but licensed personnel. Many feel that sharing the hustle and bustle of early mornings, the peace of afternoons, and the focused activity of race time prep is the best part of it all. Sometimes owners can talk strategy with the trainer, another fascinating part of racing.
Owners also get free admission to the clubhouse and grandstand, can enter the paddock, and can be in the win picture if their horse crosses the finish line first. Talk about a great wall decoration. This is the crowning touch to it all.
Go online to find information on race horse partnering and opportunities to join top stables. All kinds of racing - thoroughbred, harness, and quarterhorse - are open to investors. Often horses offered are already racing - a great advantage, since many horses don't get that far - and earning money. Both claimers - horses put up for potential sale as a condition of entry - and stakes horses, which run for big purses, are offered.
Those who are looking for an investment with monetary returns often have shares in many horses, which spreads the risk like a mutual fund does in the stock market. Others know that the real returns are in entertainment and being on the inside of a historic and exciting sport. The dream is what racing is about, although fabulous fortune and enduring fame are always possible.
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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