racehorse ownership

The Midwestern sage, Mark Twain espoused, "The secret of getting ahead is getting started." Nothing could be more apropos when considering joining a Thoroughbred racehorse partnership. Getting started is the hardest part for most prospective owners. The world of Thoroughbred racing can seem as inaccessible as the Churchill Downs Turf Club on Derby Day. The good news is joining a partnership makes getting started easier. In the first part of this series, we provided basic information such as investment levels, tax considerations and the entertainment value partnerships offer. In Part...

Since it was first launched in 2017, The Racing Manager (TRM) has become a valuable tool in many yards across Europe. Today, almost 15% of horses in training in Ireland and the U.K., as well as a growing number in France, are registered on the online platform that is designed to enhance the racehorse ownership experience. Last fall, TRM expanded to the United States and is already well on its way to having a nationwide influence. "Without a doubt, our client base is growing and it's growing pretty fast," said...

The impact of the COVID-19 pandemic was laid bare in Irish racing's 2020 figures, which were revealed by Horse Racing Ireland on Friday. The resilience of owners was a rare bright spot, with ownership remaining static and down just 0.5% in a year where owners largely could not go racing. Owner retention from 2019 to 2020 stood at 73.6%, down 1.5% from the previous year, and the number of racing clubs rose 6%. The number of horses in training in Ireland also rose for the fourth time in five years,...

With the announcement that phase four of Ireland's Roadmap for Reopening of Society and Business has been delayed until Aug. 10, owners will no longer be permitted on Irish racecourses from July 20 as previously announced. Phase four will allow gatherings of up to 500 people. Brian Kavanagh, chief executive of Horse Racing Ireland, said, "Since we resumed racing in Ireland on June 8 Horse Racing Ireland has kept tandem with the government's movement on the Roadmap for Reopening of Society and Business, and will continue to do so. The...

Those that invest in racehorse ownership are typically hooked by the thrill of competition and the camaraderie that comes along with the team effort it takes to get a horse into the winner's enclosure. So what happens when those key elements are removed? Those that stick around in the racing game would have to be resilient by nature or have developed thick skin along the way, and Sam Hoskins, a manager of syndicate groups Kennet Valley Thoroughbreds and Hot To Trot Racing, said, thankfully, his syndicate members have been game...

Sam Hoskins talks about how his syndicates, Kennet Valley Thoroughbreds and Hot To Trot Racing, are faring during the pandemic and lockdown in Britain.