Racehorse ownership at Manor House Stables
Tom Dascombe will be delighted to welcome your horses for training at Manor House Stables. Tom is happy to train for individual owners, racing partnerships, clubs and syndicate owners; at Manor House Stables all owners are assured of a warm welcome and a high level of service. Tom and our representatives attend all the major sales during the sales season, including Arqana, Doncaster Bloodstock Sales, Baden Baden, Tattersalls Ireland, Goffs and Tattersalls UK. Click here to view our sales news feed and keep up to date on all our sales activity. Alternatively click here to go straight to our current list of horses available for purchase. There are videos available here of all our horses for sale. If you haven't been involved in racehorse ownership before, you may like to navigate through the paragraphs below, which detail the different entries into ownership and the typical costs involved. At Manor House Stables we can provide affordable involvement in horse racing, whatever your budget. If you are an existing racehorse owner and already know your requirements, why not contact us direct using the form opposite and let us know what you require. Tom will endeavour to find the right horse for you at the forthcoming sales. Buying a racehorseSales venues
|
If you are interested in becoming an owner at Manor House Stables please call either the office on +44 (0)1948 820485, Tom on +44 (0)7973 511664 or complete the form below... |
Buying a racehorseGetting involved in racehorse ownership can feel like a complicated business. Below we have outlined the three main forms of ownership entry, all of which are available at Manor House Stables. We hope you find something that suits your needs. Sole ownershipThe horse is yours and only yours but that means any costs will be incurred by you alone, however, we are able to control your costs with an all-inclusive rate, which works out approximately at £2,000 per month plus recoverable VAT. On the flip-side, all prize money comes to you and all profits arising from a sale of the horse would be yours (and exempt from capital gains tax!). Here are some examples of horses that Tom has trained and sold on for a sizeable profit;
With Tom you will also have close involvement with decisions affecting the horse. As a sole owner you will of course be able to choose the name of your horse and which colours will be worn in your name. Co-ownershipOf course if you don’t want to incur all the costs you can share a horse with other people. We can either introduce you to other owners or perhaps you will want to get some friends involved as well. As an example, a typical all-inclusive cost for a 1/10th share in a £30,000 yearling until 31 October 2011 would be approximately £5,500 plus recoverable VAT. This example is for someone paying all-inclusive training fees in advance. You can of course choose to pay the training fees on a monthly basis. Why not try our cost calculator and find a share percentage and horse value that suits you? We currently have a new partnership containing four yearlings available to ten partners at a buy-in cost of £2,000 followed by 12 monthly payments of £1,000. For full details of this unique opportunity click here. Co-ownership is effectively any type of racehorse ownership other than sole ownership, but in racing there are a number of different terms for this depending how many people are included in the ownership of the horse. There are 4 types of co-ownership;
Racing ClubsRacing Clubs are not an independent form of co-ownership. Therefore by joining or becoming a member of a Racing Club you receive the benefits of that Club but are not entering into racehorse ownership yourself. We have a number of clubs you can join including the Manor House Racing Club, which costs just £100 to join and a £40 monthly subscription.
The above are general conditions of entering a Racing Club. For specific details on our in-house Racing Club, the Grant Thornton Racing Club, please click here. Cost calculatorAll costs are subject to VAT‡ at the prevailing rate. To see more details on our training fees, please navigate to our rates page by clicking here. * Enter value only with no punctuation e.g. 50000† Purchase associated costs include the purchase price, our bloodstock agents' 5% commission, insurance, trainer’s sales expenses, pre-purchase veterinary examination, wind test at the sales and transport back to Manor House Stables. Insurance is optional and can be terminated at the point of purchase from Manor House Stables.‡ By entering into the VAT Scheme for Racehorse Owners, all VAT is recoverable.Sales venuesHorses can generally either be purchased as foals, as yearlings, as 2yos from breeze-up sales, or as older horses from horses in training sales. At Manor House Stables we buy the vast majority of our horses as yearlings, and occasionally from breeze-up sales in the Spring. Below is a brief description of what is on offer from each major sale that Tom will attend. ArqanaArqana is France's premier sale, held in Deauville on the North cost. Two sales are held here, one in August and the other in October. Doncaster Bloodstock SalesCommonly referred to as DBS, the Doncaster Bloodstock Sales are split into two sales. The premier sale is the DBS Yearling Sale held at the end of August. The other sale, the DBS St Leger Festival Sale is held at the beginning of September. KeenelandThe Keeneland Yearling Sale held in September is the world's largest yearling sale and is held in Lexington, Kentucky. Tattersalls IrelandTattersalls Ireland is one of Ireland's leading yearling sales and is held in mid-September. Goffs Orby SaleThe Goffs Orby Sale is another of Ireland's leading yearling sales and is held at the end of September. Tattersalls UKTattersalls is the largest sale in the UK and as such is split into three 'Books' over 10 days. Book 1 is the premier sale and usually runs during the first week of October. Books 2 and 3 run usually run back to back during the second week of October. Breeze-UpsThe breeze-ups are held in the Spring at various racecourses such as Kempton, Newmarket and Saint-Cloud. This is a chance to buy horses that have already grown into 2yos over the winter and are virtually ready to race. |
|
