Ed de Giles Racing
sales. He had previously been trained in France and went on to do brilliantly in Britain, winning seven races including the Group 1 Betfred Sprint Cup at Haydock - one of the biggest races of the year. However, my only reason for going into
the City was to accumulate enough money to set up training. Well, I had been in the City far too long and definitely hadn't earned enough money, but it was the time to take the plunge. So in 2010 I took the family out of London to Herefordshire, where we had bought our yard from which to start from. It is obviously my business as well as my
passion, and everything takes time. Lilly Hall Farm has private gallops, made from an artificial surface so that the horses can continue exercising whatever the weather, and we installed a new circular gallop for different drills. We even have a swimming pool and a high-speed treadmill! Tese fa- cilities are key to getting and keeping the horses sound and fit for racing. Te operation started its first full year in
2011 with a dozen horses for both Flat and National Hunt (Jump) racing and we man- aged 12 winners. Trough gradual progress and good results, we now have 35 horses and have trained over 150 winners, collect- ing more than £1million in prize-money in the process. We buy most of the horses that are here
at the yard, although we have been sent a fair few from people along the way. A real success story for us was the sprinter Kingsgate Choice, who made amazing progress during the time he was with us. He started off running in a very small race at Lingfield and ended up taking us to Ascot, York, Glorious Goodwood and even
8 FOCUS The Magazine May/June 2018
to France to run in the Group One Prix de l’Abbaye at Longchamp on Arc day. Lucy Te Painter and Frosty Berry are
two horses that were sent to us and im- proved beyond their owners’ wildest dreams, both gaining the all valuable ‘black type’ for their CVs in big races, making them and their future offspring worth a small fortune.
IOwNiNg A HoRsE t is certainly not cheap to own a horse in
your own right. We have picked up some nice horses relatively cheaply in our time, but the market is long established and the most likely champions with the best breed- ing will cost a small fortune. You can spend as much as you want on a horse from £1,000 to £10m upwards but gener- ally between £30,000 to £100,000 will buy you a pretty good horse. Ten there are the training fees and vet bills to account for. I always tell owners to budget for £25,000 per annum and expect to get some change from that. Ten of course your horse starts winning and you start to make money! Tis does not mean that ownership is
beyond the means of all but a few. It is possible to own shares in horses through syndicates, or club together with friends to cut the cost in a partnership, and that is something we can help out with too. With my background in finance, I am only too aware of the importance of investment and balancing immediate success with realising potential in the future. Te most important thing about being
an owner though, is to feel a part of the ac- tion. I remember how much fun I had from Markab and my other horses when I was involved on the other side of the fence,
and ensuring that all of my owners get as much access, information and enjoyment out of it is my priority. Owning a horse is obviously about dreaming of picking up trophies and being in the paddock before the race talking to the jockey, but it is also about seeing how it develops at the yard and being part of a community. Being an owner is not just about the ac-
tion on the racecourse but also the week- ends away visiting the yard and your horse and all the trappings that go along with it
Ed de Giles Racing
Ed de Giles is a racehorse trainer. After working in the City, he moved into ownership and obtained his dual- purpose license to train Flat and National Hunt racehorses. Ed has already won over £1m in prize money and his yard comprises over 150 winners to date.
Web:
www.eddegilesracing.com email:
ed@eddegilesracing.com
www.focus-info.org
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