Many keen racegoers/racewatchers have dreamed of being a proud owner but have dismissed ownership as out of their league as the cost seems to outweigh so heavily the potential income. However, is this always the case? Is there a means of ownership, which allows you to enjoy the benefits of ownership with a good chance of making a profit? Let us look at the facts.
This is a significant time of the year in the bloodstock business. Many of the largest auctions take place within the next few weeks. Racehorse sales come in two basic types; unraced or horses in training. Private sales and sales from selling races do take place but are minor in comparison to the major sales.
The unraced horses sales do tend to be the main focus of media attention, not surprisingly as this is where the serious money is spent. The Fasig-Tipton (Kentucky) November sale regularly sees individual sales topping £1m and the exceptionally well-bred and good looking offspring have reached five times this amount.
Naturally, these horses are the sole preserve of the super-rich and successful operations such as Coolmore and Godolphin. However, it should be pointed out that there are many horses in these yearling sales, whose prices are much more within the private buyer but you must remember that all horses in these sales come with a major wealth warning. These horses have never raced before and, in fact, have at least another year before their feet touch a racecourse.
Even if your yearling purchase is perfectly sound and ready to race at the earliest stage, there are significant training and keep costs between purchase and running. Factor in the fact that injury/natural wastage and plain lack of ability means that your proud steed will never actually race. This demonstrates that purchasing a horse from an “Unraced Horses” sale is both a risky and expensive exercise.
Having dismissed the Unraced sales route, let us now look at the Horses in Training sales. These sales have a lot of advantages, principally that the purchaser knows that what he is buying is basically sound and is able to run. So now you can, theoretically, pick the horse you want, knowing it is both sound and what is capable of.
So what can go wrong for the unwary purchaser? Sadly many things, notably:
* The horse may not be sound. As with cars, it is possible to patch up a horse so that it is ostensibly sound but will not stand the rough and tumble of racing.
* The horse may be sound but may be difficult to win with. Horses are assessed weekly by an external handicapper and many horses have an assessment (handicap) that is higher than that, which they can normally win from. These horses often have a winning profile and are often expensive.
The above begs the question can anyone make money out of bloodstock? The answer to this is a resounding YES.
Over the last 6 years, Centaur Bloodstock has shown an unrivalled ability to make profits from investing in bloodstock.
Some of the fantastic purchases they have made are:
* Hasty Prince, bought for only £18,000 and sold for over £200,000;
* Border Artist Bought for £2,000 and winner of five races
* Overstrand bought for £21,000 and winner of a listed race at Sandown.
Currently in training they have Bagan, bought in 2004 for £25,000, who is a multiple winner over hurdles and fences. He is bound for the Grand National and is values at over £100,000.
Since their first purchase in 2002, their racehorses have won, on average, 2 races each. Furthermore, they have been even more successful with greyhounds, where the average rises to four. Owners with Centaur can own anything from 1/12 of a share in a racehorse right up to outright ownership. Whatever they buy they have all the privileges of ownership (such as owners’ badges) plus stable tours and various ownership events such as our annual open day.
This continues to show the excellent value that has been achieved by Centaur’s bloodstock purchasing, a company that has shown that investing in bloodstock is not an impossible dream. Full details of all horses they have purchased and details of costs and income can be viewed on www.ownyourownracehorse.com.
This is the main time for buying. This year's Horses in Training Sales at Doncaster and Newmarket commence on 20 October. The analysts at Centaur have done a huge amount of interest already and have identified some purchases which will afford potential investors the opportunity to make a substantial profit.
OPTIONS FOR INVESTORS
Centaur Shared Ownership Scheme
Details:
* Shares sold in multiples of 1/12th in horses purchased.
* £1,000 deposit required pre sale. This is refunded if investor goes on to take a share.
* Opportunity to attend sales with Centaur’s buyers.
* AGM annually to decide whether horse is sold orretained.
Benefits:
* All of the benefits of individual ownership at a fraction of the cost.
* 2 owners badges each time the horse runs.
* The opportunity to spread risk by becoming involved in several horses rather than all your eggs in one basket.
* Unrestricted access to the horse in training.
* Equal shares in prize money
LOOKING FOR THAT REALLY UNUSUAL PRESENT FOR CHRISTMAS
WHY NOT BUY A SHARE IN A HORSE?
For people or companies who want even more involvement, there is the
Centaur Gold Scheme
Here the investor enters into a 90/10 partnership with Centaur who acquires and manages the horses.
Details/Benefits
* An agreed number of horses are purchased for the investor
* No upfront fees.
* The horses are run in the investor’s colours
* Costs/purchases are agreed in advance together with annual budget for first year.
* Tremendous PR benefits via racecourse hospitality/media interviews/stable visits etc.
* Horses can be sold at any time at the investor's behest.
* Opportunities for significant financial returns
TO FIND OUT MORE OR TO PURCHASE RING KEITH OR STEVE AT CENTAUR ON O8717-121110.
DONT DELAY – The Sales start 20th October
Comments