Hi Guys
I’m new here but hoping to be a very active member in the future.
I am thinking of joining a racehorse syndicate. Has anyone else here done this before or currently does this?
I have seen one where I would own a 1/20th share in a horse. This would be a racing partnership with 2 people being the registered owners. I would love to, but can’t afford a joint ownership between 12 or less people.
I’m not going to be in it with the idea of making money, it would just be the fun of owning a race horse and going to the races as an owner. Any of the 5% prize money would just be a bonus.
What are your experiences and is there anything I should watch out for before I commit?
Thanks
Andrew