Partnership Opportunities

Partnerships are an excellent way of getting involved with racehorse ownership without the higher expense and risk of sole ownership but at the same time maintaining the personal feel associated with owning your own horse.

Many people choose to set up their own partnership and perhaps take a 'leg' each in a horse. We actively encourage these partnerships and are always happy to take on the administration involved in setting up and running these partnerships as well as registering for and reclaiming the VAT on its behalf. If you have a group of friends interested in setting up a partnership in this way please let us know.

MHS Two-Year-Old Partnerships

Last year's MHS 4x10 Partnership was a huge success. Three of the four horses in the partnership were winners in 2011, amassing £13,765 in prize money, including a 2nd place in the Manor House Stables Lily Agnes Stakes at Chester. From 27 runs, the partnership enjoyed 13 visits to the winners' enclosure with win and placed efforts. The three winners ended the season rated 81, 73 and 66, and cost just €14,000, €2,000 and £5,000 respectively, proving the partnership to be superb value for money.

This year at Manor House Stables, we are putting together another of our own partnerships with open invites. This partnership again is available to new owners as well as existing owners and will be managed in-house by Manor House Stables. Unlike other stables, we will not charge a management or administration fee and all costs are transparent and all-inclusive. Full details of the new partnership are as follows.

The MHS 2012 Olympic Partnership

The MHS 2012 Olympic Partnership consists of four two-year-olds and ten partners. If you are interested in joining this partnership please contact alex@manorhousestables.com or phone Tom on 07973 511664.

- Four two-year-olds

- Ten partners

- £3,000 buy-in

- £1,000 per month for 12 months

"All four horses are colts and have been bought with the intention of training them to be proper two-year-old types, much in the same mould as the four horses in last year's MHS 4x10 Partnership. We proved last year that you do not have to spend huge sums in order to guarantee winners and this partnership yet again offers superb value for money for the people involved. For a relatively small outlay in comparison to sole ownership, the partners will enjoy numerous visits to the races to see their horses in action and get the chance to meet and have fun with other Manor House Stables owners both at the track and at the yard." Tom Dascombe

"The MHS 4x10 partnership has been my first involvement in horse ownership and I can honestly say it has surpassed all expectations. It is a relatively low cost way of becoming a racehorse owner and I would recommend it to anyone! It has been great fun, i have met some great people and we have also had some winners!" Dylan Jenkins, MHS 4x10 Partnership

"I have been involved in horse ownership for over thirty years but have had more fun being involved in the 2010/11 four horse partnership than ever. Well done to Tom and the team." Mike Lilley, MHS 4x10 Partnership

"It is always exciting to have a winner but to have three winners from four horses is exceptional. I have had great fun especially when really cheap horses have performed better than those costing 100 times more!" Bill Dascombe, MHS 4x10 Partnership

"As a first venture into ownership the MHS 4x10 Partnership has provided us with a great way of meeting like minded folk who enjoy the opportunity of following our own horses!" Burnie Cambidge, MHS 4x10 Partnership

Progress Update January 2012

“Not a huge amount to say, as they have had an easy time over Christmas and New Year, but during January they will begin to pick up their work. The Captain Rio colt at the moment has probably done the best of the four, he has really grown and looks very strong. The Majestic Missile has improved a lot and is showing a really good attitude in his exercise. The Pastoral Pursuits colt has done nothing wrong but hasn’t grown an awful lot and the Firebreak colt is very straightforward and we will probably kick on with him and have him ready to run in April.” Tom Dascombe

Benefits

Naming and Colours

This partnership will be themed on the 2012 Olympic Games. We would like the silks to reflect the Olympic colours in some way and the names of each horse to reflect an aspect of the Games. All ten partners will be able to submit their choice of names and colours and a ballot and/or vote will follow to decide which are adopted. Hopefully everyone involved can have some fun coming up with their own names and colours!

The Four Horses

Below are details of the four horses including pictures, videos and comments from Tom Dascombe and Ed Sackville.

UNNAMED

Lot 21

COST: £8,442

(Inc. 6% Buyers' Premium)
Click lot no. for full pedigree

Tom Dascombe

COMMENT



"Looks an out and out two-year-old and I would think that he would be a nice early one for anyone that is looking for a cheaper option."

Ed Sackville

COMMENT



"A good walking, strong, attractive colt. The mare is already the dam of a 2yo winner."

 

UNNAMED

Lot 108

COST: £18,761

(Inc. 6% Buyers' Premium)
Click lot no. for full pedigree

Tom Dascombe

COMMENT



"A stallion I like, who produces winners. He looks strong and early which seems to be a trait of the stallion. I think perhaps the dam was named after me."

Ed Sackville

COMMENT



"By the sire of our listed placed 2yo Ballista. Like him, this colt was balanced and tough looking."

 

UNNAMED

Lot 1549

COST: £6,825

(Inc. 5% conversion from Gns)
Click lot no. for full pedigree

Tom Dascombe

COMMENT



"I thought he looked like a real racehorse and the fact that Prince Of Dance is in the pedigree was a bonus for me."

Ed Sackville

COMMENT



"This is a very athletic colt by a stallion who we know can get runners. Being an early foal he is sure to be running near the beginning of the season."

 

UNNAMED

Lot 1602

COST: £2,625

(Inc. 5% conversion from Gns)
Click lot no. for full pedigree

Tom Dascombe

COMMENT



"Very straightforward and tough looking. This is the sort of horse I can see us running a lot and having plenty of fun with. Musical Valley cost a similar amount last year and is a winner."

Ed Sackville

COMMENT



"Strong and forward looking with a great attitude and such a lovely temperament. Firebreak had a group 1 winning two-year-old in Heart's Of Fire."

Administration

Manor House Stables will administer the partnership. We will set up a partnership bank account with Weatherbys and we will recover the VAT on the partnership's behalf and deposit this into the partnership's account. All entry fees, jockey fees and other BHA and Weatherbys fees will be charged to the partnership's bank account. The VAT recoverable is likely to be sufficient to cover these fees. All prize money will also be payable into the partnership's Weatherbys account. Surplus funds will be distributed to partners in October 2012.

Costs

For transparency we have broken down the costs of the four horses and their fees in the table below.

Horse (click breeding for details)
Purchase inc. 6% buyers' premium
Agent's 5% commission
Insurance at 2.5%
Transport, sales and vet expenses
All-inclusive training fees to 31 October 2012*
Total cost per horse
Captain Rio ex Chaukao chc
8,442
398
199
725
28,833
38,597
Majestic Missile ex Ginger Not Blonde bc
18,761
885
442
725
27,026
47,839
Pastoral Pursuits ex Rainy Day Song chc
6,825
341
171
675
26,066
34,078
Firebreak ex Suzie Fong bc
2,625
131
66
675
26,066
29,563
Grand Totals (all plus VAT)
36,653
1,755
878
2,800
107,991
150,077

So, the total cost of purchasing these four horses and training them at Manor House Stables until 31 October 2012 is just in excess of £150,000. To cover this, each partner will be required to pay £15,000 in total, made up of a £3,000 initial buy-in cost, plus £1,000 per month for 12 months, beginning 1 November 2011.

NB: All figures quoted are subject to VAT at the prevailing rate.
* Includes keep fees at £40/day from the date the horses were purchased until 31 October 2011. Thereafter the charges are based on our all-inclusive rate of £74.50 per day, less our 10% discount on training fees for the 2nd, 3rd and 4th horses.