ASK THE EXPERTS: Owning Thoroughbred Racehorses, continued...
T oroughbred auctions, aftercare and several more content rich topics. One area that many newcomers research is
the “Ownership” menu option. In this section you will learn many “Ownership 101” consid- erations including estimated training costs, de- veloping a business plan, purchase options and selecting your advisors. OwnerView also manages an annual T or-
oughbred Owner Conference that for the past several years, has been hosted during Breeders’ Cup week and typically lasts 2-3 days. Due to the COVID pandemic, the conference is scheduled to be held this year as a series of virtual panels starting in March and running through December. All panels take place on the fi rst Tuesday of the month at 2pm EST. Pre-registration is required and is free. – Gary Falter, T e Jockey Club
T e most important thing is to do your re-
search. Email or call diff erent syndicates, co- ownership groups, or agents, then fi nd your fi nancial comfort level, and understand the risk of purchasing T oroughbred racehorses. A co-
ownership or a syndicate is the best way in my opinion to dip your toe into the water with- out taking on too much fi nancial responsibility. T ese type of ownership groups allow you to spread your investment over more horses and increases the opportunity for success. – Peter Bradley, Bradley T oroughbreds
Q. Does anyone in the racing industry focus just on owners, as opposed to trainers and breeders and bloodstock agents? A. Yes, as mentioned above, OwnerView is dedicated to T oroughbred owners. Also the T oroughbred Owners and Breeders Asso- ciation is a trade organization that represents T oroughbred owners and breeders. Addi- tionally, most racing states have an owner and breeder
organization that represents own-
ers in their respective states. For example, in Maryland there’s the Maryland T oroughbred Horsemen’s Association. – Gary Falter, T e Jockey Club
Most of the top-level agents, syndicates, and trainers should have a designated person
For more information on The Jockey Club, OwnerView and Bradley Thoroughbreds, please see their ads on page 14 and 16 of this issue.
to communicate with co-owners. At Bradley T oroughbreds, we send weekly updates to our owners regarding their horses’ progress. We work to get co-owners on the backside to see their horses train in the morning and set up seating for races in the afternoon. It’s a concierge service, and we try to make sure our owners have a wonderful time win, lose, or draw. – Peter Bradley, Bradley T oroughbreds
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