Purchasing a share in a race horse is an exciting way to become actively involved in the racing industry. As an owner you will receive race day benefits, and as a member of the Blaze Bloodstock family you will receive regular updates, open days and input into any decisions with regards to your horse. With shares starting at 2.5% you can get involved while sticking to a budget. The most common questions we receive are outlined below.

Who selects the horses?

All the horses we purchase are selected by the trainer directly (not relying on his staff members), who physically attends the sales along with one of our syndicate team. This ensures that horses are not chosen on pedigree alone, and that the trainer is inspecting them thoroughly and speaking directly with the stable staff who have been watching them mature before any bids are placed. It's not uncommon for the trainer to want to watch a horse walking 10 or 20 times before making a decision.

Any horses we purchase also have to get the tick of approval from our vet who will review xrays and scope results and provide a report to ourselves and the trainer.

No trainer wants a stable full of slow horses, and we believe this policy ensures the best chance of success.

How much is the upkeep for the horse?

Unlike some syndications we do not charge an outrageous flat fee - which usually far exceeds the actual costs of training and maintaining the horse. We provide you with a copy of all receipts for the horse each month, and charge you only the percentage which you are responsible for.

In general our trainers charge approximately $110 per day in full training, $80 during pre-training, and $40 when spelling. This does mean your monthly cost will vary. In full training a 5% share might cost $220 for the month. While spelling it might be $80.

An example:

  • 4 months spelling: $4800
  • 3 months in pre-training: $7200
  • 5 months in training: $16500
  • Insurance: $4500
  • Vet: $4000
  • Floating and Travel: $2000
  • Nomination Fees: $1000
  • Management Fees: $6000
  • Total Annual Costs: $46000

5% Share: $2300 (or an average of $192 a month)

What expenses can I expect to see on the invoices?

  • Training / Pre-training / Spelling monthly fee (these include feed)
  • Horse Insurance (approx. $3500 p.a.)
  • Vet (depends on requirements, but expect about $5000 p.a.)
  • Nomination Fees (when trialling or racing, there are generally small e.g. $100-500)
  • Floating and Travel (when racing)
  • Management Fees (this is what we charge to run the syndication and equates to $25 per month for a 5% share)

How does insurance work?

Blaze Bloodstock insures it's horses from the time of purchase to the first 12 months. This is included in the initial share price. Continued insurance is required and will be added to the monthly invoices after the initial period completes. The cover includes:

Death as a result of an accident, illness and/or disease occurring during the period of insurance. Subject to policy conditions and exclusions.

A full copy of the insurance policy will be provided to all shareholders.

Will my name appear in the Racebook?

Absolutely it will. If you own 5% or greater your name is guaranteed to appear in the racebook. If you purchase 2.5% and there are 20 or less owners your name will also appear in the racebook. Unfortunately in the event there are more than 20 owners involved in the horse, only those holding 5% or greater will have their name published.

What are the benefits of being an owner?

Apart from the obvious excitement in seeing your horse develop and race, there are plenty of other benefits:

Naming the horse: All shareholders are involved in naming the horse, we will take one suggestion from each shareholder, and then display a poll where no owner can vote for their own suggestion. The leading vote getter will be winner.

Racebook name: Providing there are 20 or less shareholders your name will appear in the racebook as a listed owner.

Raceday members tickets: When your horse is racing you'll receive members tickets and passes into the mounting area.

Open days: Blaze Bloodstock will run regular open days where you can meet your horses, chat to our team and meet the trainer.

Decisions: Blaze Bloodstock will make recommendations based on discussions with the trainer as to the movements, race nominations and any general decisions that are required to be made during the horse's career. Any major decisions will be put to a poll for all owners to have their input.

Digital Horse Offer: We are currently offering a free digital horse to race on the Zed.Run platform as part of any syndicate purchase of 5% or greater. See the digital offer page for more detail.

Can I see my horse?

Absolutely, we will schedule open days in which you can come and meet your horse, chat to the trainer and enjoy a luncheon. These days may be at a training facility or at one of the local race tracks.

How do you keep me updated?

We will be providing regular updates on your horse via the MiStable app. Once you are a registered owner of one or more horses, we'll provide you access to the app (iphone, android) or web browser login where you can view updates, manage invoices, see race nominations and more. Any updates we enter into the MiStable system will also be emailed to your nominated email address to ensure you don't miss any important information.

What are the invoice terms?

All invoices are due within 7 day of issuing. Our preference is to have a credit card which we can charge monthly (we do not charge any credit card fees), however, we also accept bank transfer payments, paypal and bitcoin payments.

What happens when my horse's career is complete?

When your horse has completed their racing career, then all owners will have a say in deciding whether to sell the horse, or if it has had a successful racing career send it to stud or as a broodmare. We of course will help facilitate this process.

Sale of my horse

If your horse is racing well it is possible that there are offers made to purchase the horse. If it's believed their racing career is over selling the horse is one of the options. For whatever the reason the decision to sell would require majority shareholder approval. Some syndicators take a % of the horse if that occurs, Blaze Bloodstock does not, this ensures you will receive the full percentage from the sale of horse that you are entitled to.