Perhaps you are interested in owning a stallion but you do not know how to get on with the process. The following steps will help you know the steps to make in order to get what you want. It is important that you have the right information before you get started. If you do not know how to own a racehorse you can seek guidance from other people. Bloodstock agents and horse trainers are some of the people who can help you find what suits your circumstances.
The first thing you need to do is to identify an expert to work with. The best people to consult in this regard include trainers, agents and syndicate managers. There are various ways you can use to find the right person. Make inquiries from other people around you. With the growing using of the web, these people can be found online. They have websites which contain details about what they do. Find all you need about these people before making a decision.
Decide on the kind of ownership you want to use. You can opt for direct ownership or own a share of the horse in partnership. Another option is to invest in a syndicate that has an interest in different horses. Find details about each syndicate or partnership before you invest. Most the partnerships and syndicates place adverts in racing publications and on the internet.
The team you assemble should include a trainer, jockey and bloodstock. The work of the jockey is to ride the horse when racing. Unless you are qualified for horse racing, you have to hire a professional. A trainer who also doubles as a vet will equip the animal with skills required to win races. Finally, bloodstock is a person who buys or sells horses and is paid a commission. This person is useful when buying the stallion.
If you are more cautious, you can own a stallion with other investors. Through a partnership, you own only a share of the animal. Therefore, you will enjoy just a share of earnings equivalent to your investment. Your expert can help find other people you can form a partnership with.
Select the horse of your choice. There are many options you can consider. If you are interested in racing, you should concentrate more on the quality of the animal you want to buy than anything else. Decide whether to get your animal on the track immediately or develop your breed from scratch.
Make arrangements for a place to accommodate your horse unless you already have space for this. If you do not have enough room, you should select a stable that meets your specifications. The cost of renting a stable depends on what services you expect for the horse.
Finally, register your horse at the Jockey Club in your area and pick your colors. The colors you select will be worn by your jockey when racing. The colors are usually bright silks and they help people identify your horse. They will be your trademark that sets your stallion apart from the rest. You will get assistance to make the best choice.
The first thing you need to do is to identify an expert to work with. The best people to consult in this regard include trainers, agents and syndicate managers. There are various ways you can use to find the right person. Make inquiries from other people around you. With the growing using of the web, these people can be found online. They have websites which contain details about what they do. Find all you need about these people before making a decision.
Decide on the kind of ownership you want to use. You can opt for direct ownership or own a share of the horse in partnership. Another option is to invest in a syndicate that has an interest in different horses. Find details about each syndicate or partnership before you invest. Most the partnerships and syndicates place adverts in racing publications and on the internet.
The team you assemble should include a trainer, jockey and bloodstock. The work of the jockey is to ride the horse when racing. Unless you are qualified for horse racing, you have to hire a professional. A trainer who also doubles as a vet will equip the animal with skills required to win races. Finally, bloodstock is a person who buys or sells horses and is paid a commission. This person is useful when buying the stallion.
If you are more cautious, you can own a stallion with other investors. Through a partnership, you own only a share of the animal. Therefore, you will enjoy just a share of earnings equivalent to your investment. Your expert can help find other people you can form a partnership with.
Select the horse of your choice. There are many options you can consider. If you are interested in racing, you should concentrate more on the quality of the animal you want to buy than anything else. Decide whether to get your animal on the track immediately or develop your breed from scratch.
Make arrangements for a place to accommodate your horse unless you already have space for this. If you do not have enough room, you should select a stable that meets your specifications. The cost of renting a stable depends on what services you expect for the horse.
Finally, register your horse at the Jockey Club in your area and pick your colors. The colors you select will be worn by your jockey when racing. The colors are usually bright silks and they help people identify your horse. They will be your trademark that sets your stallion apart from the rest. You will get assistance to make the best choice.
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