What are the criteria for selecting horses ?
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 Pedigree : Your trainer will look at a horse's pedigree for previously successful performers, familiarity with any of the family and proven matches in the breeding lines.
Conformation : Your trainer will physically inspect the horse for any faults and preferred physical characteristics, such as a deep girth and correct legs.
Athleticism : Your trainer will ask for the horse to be walked during the physical inspection to gauge the horse's athleticism, such as agility and gait.
Vet check : Your trainer will ask a vet to inspect the horse for any signs of existing conditions or potential future problems and also inspect x-rays for indications of potential weakness under duress. |
What is the difference between a partnership and a syndicate ?
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A partnership consists of two - ten people who register a share in a horse in their own name. Their name will appear in the race book, i.e. Ms V.J.King, Mr J.B.Cummings etc. The first named person is the manager and responsible for the administration. In most cases, a registered owner will receive two tickets to the members section of the race track and two parade ring passes. A syndicate is a group of people registered with the authorities under a syndicate name, i.e. “King Thoroughbreds Syndicate 1” which can be one person up to a maximum of twenty. The syndicate manager is then responsible for all administration of the horse. In most cases a limit of twenty member's tickets applies to the horse and guest passes are not available.
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Who names the horse and what names are allowed ?
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In most cases, all the owners suggest a name and a vote is taken with majority rules. The availability is checked with the Registrar of Racehorses and a maximum of twenty characters, including spaces, is allowed. Name availability can be checked on the www.racingnsw.com.au |
What are owner privileges on race day ?
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 Owners will receive complimentary Member's entry tickets and parade ring passes for your race.
Partnerships receive two tickets per registered owner, syndicates receive maximum 20 tickets per horse.
Many race clubs now have owner's rooms and complimentary refreshments. |
Can I insure my horse ?
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Insurance is available under most circumstances provided a vet examination has been conducted and the vet is satisfied the horse is sound. The insurance will only cover fatality, not injury, and it is transferable upon change of ownership of the horse. Owners can re-insure their share once the insurance expires and the horse does not have to be 100% insured by each party for you to insure your share. |
What are the training costs involved ?
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An itemised invoice or statement will be provided monthly. A training program is tailored for each individual horse in Bart's stables and it is difficult to predict exact annual costs. Each supplier charges per service or treatment which varies at each stage of the preparation. A typical invoice would include training fees, farrier fees, vet fees, race club fees, race nominations, supplements, strappers fees, transport, chiropractor fees etc. We estimate it costs approximately $30-35,000 per year. Therefore a 10% share is around $300-350 per month.
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What prize money do I receive ?
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The regulations of the racing industry provide for both trainers and jockeys to receive a share of all prize money earned. Trainers receive 10% and jockeys receive 5% and this is deducted prior to payment to respective owners. Other deductions are negotiated between trainers and owners by agreement, such as stable fees for bonus payments to the foreman and strappers. It is also the practice of the industry for trainers and jockeys to receive an additional share of prize money for Group race successes.
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Can I inspect my horse at any time ?
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You are more than welcome to visit your horse at the stable, at track work or at rest at the farm. It is best to arrange a time the day before an intended visit due to stable schedules and movements and work safety regulations.
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What are my options when the horse has finished racing ?
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See the About Us & Services section for the various options available. Click here |
What race silks will my horse race in ?
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The jockey usually wears the colours of the trainer, major owner or manager of the horse.
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Where will my horse spell ?
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At the Bart Cummings owned Princes Farm, see Training Operations for more detail. Click here |
Who makes the jockey, race decisions ?
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Your trainer makes decisions on where and when to race the horse and selects the available jockey.
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What is a “black type” race ?
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 Races fall into many different categories with the elite races described as “ black type ” races and they are ranked from Listed, to Group 3, to Group 2 and finishing with Group 1.
The VRC Melbourne Cup is one of the most well-known of the current 64 Group 1 races in Australia.
Any horse which wins or places in a Listed or Group race has its name printed in bold in catalogue pedigrees. A winner is printed in UPPERCASE while a place-getter is printed in lower case.
The expression “blacktype” refers to the winners or placegetters from the 547 Listed and Group 1, 2, 3 races.
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How do I proceed once I have decided to become a racehorse owner ?
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Contact Veronica King and I will send you the necessary information and forms. Complete and forward with a cheque (or direct deposit as indicated) to King Thoroughbreds and you will receive a certificate of ownership.
Click here to contact us
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