 | Why a Racing Partnership? Whether it is the excitement of racing, the thrill of competition, or your love of the beauty and spirit of the horses themselves, racing partnerships are the best way for most owners to get involved. Partners receive all the usual benefits of ownership plus a greater likelihood of success thanks to the experience of their partners. Racing successfully requires complex knowledge, usually obtained over many years at great expense. Partnerships can be an ideal vehicle for owners to visit the winner's circle sooner and more often. Partnerships also offer the ability to reduce risk since you are buying fractional shares, which in turns spreads the expenses of your horse evenly throughout the partnership. Basically, a good partnership allows you all the benefits of horse ownership while greatly reducing the financial risk of the venture. Now is the best time to get involved in racing. Available purse money in North America rose to over $1 billion for the first time while the number of races has declined. Average earnings per runner, average purse and total purses are all at all-time highs. Alternative forms of gambling such as slot machines, the continued spread of simulcasting and the potential of Internet wagering should all contribute to continually increasing purses. As tracks continue to reinvest in their facilities and Major races get more Network coverage the game will continue to grow in popularity. Locally, Monmouth Park will be hosting the 2007 Breeders Cup, which will certainly turn more attention to the industry than ever before. The Bottom Line: Racing Partnerships make the “Sport of Kings” more affordable to everyone. With a sound business plan and solid Principals Flying Dutchman Thoroughbreds can help you make the dream of standing in the Winner’s Circle a reality! For more information on our current offerings click here or contact us. |
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