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Ownership
Overview
What we do
Every year Slade Bloodstock attend the
major yearling auctions around the country and, in conjunction with the
Freedman Brothers and leading veterinarian Dr John Walker, purchase
quality yearlings for the purposes of syndication. A Slade
Bloodstock syndication is generally made up of 10 x 10% shares,
although there is no limit to what percentage an individual can own.
Conversely a group of individuals can
(for a minor fee payable to
RVL) register their own syndicate to facilitate ownership in
smaller percentages. This is a popular way for groups of
friends and family to share in the excitement of racehorse
ownership. Our aim is to
provide affordable ownership opportunities and, via our close
association with Hall of Fame trainer Lee Freedman, achieve optimal
racetrack
success. Racing Rewards
Outside of the regular race day thrills, racehorse ownership has
it's rewards, not the least of which are the friendships and
memories that are made throughout your horses career.
In Victoria alone owners in the 2005/06
season shared in returns of $130 million (made up of prize money
$120 million, incentives and rebates) - a figure that jumps to $415
million Australia wide. There
are of course several feature (stakes) races on the Australian
racing calendar worth a million dollars or more including the
Melbourne Cup ($5.1 million), Cox Plate ($3m), Caulfield Cup ($2.5
m), Golden Slipper ($3 m), Victoria Derby ($1.5m), Blue Diamond ($1
million) AJC Derby ($2m), Doncaster Handicap ($2m) etc.
In the happy event your horse reaches
these heights, as Slade Bloodstock's filly Alinghi did, the sky is the limit.
Alinghi won 10 stakes races,
including the Group 1 MRC Blue Diamond, VRC Newmarket Handicap,
Thousand Guineas and SAJC Robert Sangster Stakes, worth a
combined value of $3.4 million dollars. Winning those races
made Alinghi a valuable breeding commodity and she was sold to a
leading stud for $3 million.
Naturally not every horse will reach those dizzy heights but even a
Saturday winner at Flemington will take home the lion's share of
$75,000 and (if qualified) share in a
Super Vobis bonus of $26,000.
How it works
Slade Bloodstock purchases yearlings who are deemed to turn two
years old on August 1 of the same year of purchase.
When you buy into a yearling or an
unraced two-year-old you are invited to submit a name suggestion for
your horse. When the
horse is officially named (registered) you will be registered as an
owner in that horse. Your name (or that of your syndicate)
will appear in the race book when your horse races and you will be
eligible to apply for an
(Victorian) Owner's Gold Card. The Gold card has a range
of benefits and facilitates easy entry to the racecourse when your
horse is racing.
By the time your horse turns two years old it will already have been
'broken-in' and been to the stable as part of it's education
process. When your horse
is ready to come into full work you can expect to receive weekly
updates from the stable which are forwarded by Slade Bloodstock as
they are received. Similarly when your horse is entered (or
nominated) for a race you will receive notification from Slade
Bloodstock. Training expenses
are billed to you direct from the trainer and associated suppliers.
In a Slade Bloodstock
partnership the day to day decisions for your horse are trusted to
the trainer however any extraordinary decisions (e.g., gelding) are
made by majority agreement.
Links
Victorian Thoroughbred Owner - Gold Card Information
Australian Racing Fact Book 2005/06
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