Have you ever watched the Melbourne Cup or Perth Cup, seen the winning connections celebrating after the race and thought I wish that was me?
Well we can’t guarantee that you will ever own a Cup winner, but anyone that has ever owned a thoroughbred will tell you watching them race is one of the biggest thrills you will ever experience.
Being an active part of the thoroughbred racing scene is surprisingly easy to become involved with, and with different forms of ownership including joint ownership and syndication, it caters to nearly every budget.
Owning a thoroughbred can be done as an individual, in a partnership or with a group of people (friends/workmates/sporting team mates) in a syndicate, or you can lease a horse.
Making the right initial decisions and having a touch of good fortune are important so below is some helpful advice to get you started on the right path.
Types of Ownerships and their descriptions: