An excellent article from Standardbred Canada on HOW TO BECOME AN OWNER
And an article from Kathy Wade Vlaar:
https://standardbredcanada.ca/blog/kathy-wade/10-14-19/horse-sharing-great-our-industry.html
Click this link below for some great information to assist you on your quest to join the WINNERS CIRCLE!
http://www.standardbredcanada.ca/content/horse-ownership.html
If you're not sure if you want the full commitment, try this...
The Easiest Way to Become An Owner in Alberta!
Century Club Gearing Up For Another Season
The Century Horse Racing Club has announced its return with a dual breed ownership experience for the 2022 racing seasons at Century Downs and Century Mile.
The Century Horse Racing Club is a modified fractional ownership group with a one-time buy-in fee of just $250 for fans to experience horse ownership for the year. Century Downs was the first track in Canada to launch a harness racing club in 2016. Expanding to both breeds, membership now includes shares in both the Standardbred and Thoroughbred racehorses owned by the club for the duration of the membership period.
The club has revealed the four horses that will comprise its stable including Standardbred pacers Tina La Vida and Military Man.
Tina La Vida is a two-year-old Alberta-bred filly by Santanna Blue Chip out of the Dragon Again mare Tresselette. She is trained by Tyler Redwood, who is looking forward to participating in the club this season.
"I was at the yearling sale and was looking at possibly picking out one for myself, and Joe Gray, Racing Manager at Century Downs, walked by and asked if I had room for one," said Redwood in a recent interview with Century Downs. "In a slight panic, I told him 'yes of course' and then it hit me, I was going to be training one for Racing Club and she was a young one I would have to break and train. It was a huge honour to see my work recognized and ask to take her on."
Trained by Logan Gillis, Military Man is an unraced three-year-old colt by Heston Blue Chip out of the stakes-winning Art Major mare Major Millie.
"Military Man is just a little guy, but is still a stud colt so he does not think he’s small," said Gillis. "I call him 'Gunner,' which is fitting for a military man.
"I have high hopes for the colt when he returns but it will take a few weeks of training back to really set a schedule and evaluation of his caliber going forward," he explained. "Everyone would love a derby horse, and maybe this will be mine. Fingers crossed. We have a long way to go from here."
The club's Thoroughbreds include Capital Call, a five-year-old Kentucky-bred gelding by Tonalist that will be joining the Tim Rycroft stable, and Joy In Grace, a four-year-old Kentucky-bred daughter of Kitten's Joy. Capital Call broke her maiden last June at Golden Gate and has banked $46,873 through 16 career starts. Joy In Grace is a two-time winner -- most recently in her 2022 debut on February 28 at Turf Paradise. She has earned $33,547 in purses from 15 races lifetime.
The Century Horse Racing Club is a modified fractional ownership group with a one-time buy-in fee of just $250 for fans to experience horse ownership for the year. Century Downs was the first track in Canada to launch a harness racing club in 2016. Expanding to both breeds, membership now includes shares in both the Standardbred and Thoroughbred racehorses owned by the club for the duration of the membership period.
The club has revealed the four horses that will comprise its stable including Standardbred pacers Tina La Vida and Military Man.
Tina La Vida is a two-year-old Alberta-bred filly by Santanna Blue Chip out of the Dragon Again mare Tresselette. She is trained by Tyler Redwood, who is looking forward to participating in the club this season.
"I was at the yearling sale and was looking at possibly picking out one for myself, and Joe Gray, Racing Manager at Century Downs, walked by and asked if I had room for one," said Redwood in a recent interview with Century Downs. "In a slight panic, I told him 'yes of course' and then it hit me, I was going to be training one for Racing Club and she was a young one I would have to break and train. It was a huge honour to see my work recognized and ask to take her on."
Trained by Logan Gillis, Military Man is an unraced three-year-old colt by Heston Blue Chip out of the stakes-winning Art Major mare Major Millie.
"Military Man is just a little guy, but is still a stud colt so he does not think he’s small," said Gillis. "I call him 'Gunner,' which is fitting for a military man.
"I have high hopes for the colt when he returns but it will take a few weeks of training back to really set a schedule and evaluation of his caliber going forward," he explained. "Everyone would love a derby horse, and maybe this will be mine. Fingers crossed. We have a long way to go from here."
The club's Thoroughbreds include Capital Call, a five-year-old Kentucky-bred gelding by Tonalist that will be joining the Tim Rycroft stable, and Joy In Grace, a four-year-old Kentucky-bred daughter of Kitten's Joy. Capital Call broke her maiden last June at Golden Gate and has banked $46,873 through 16 career starts. Joy In Grace is a two-time winner -- most recently in her 2022 debut on February 28 at Turf Paradise. She has earned $33,547 in purses from 15 races lifetime.
INTRODUCING....TINA LA VIDA!
It's time to introduce you to our final member of the Century Horse Racing Club stable!
Meet Tina La Vida - our Name The Horse contest winner - previously known as Twisted Sister!
"Tina" is a two-year old Standardbred filly who was born right here in Alberta! She is by Santanna Blue Chip, out of the Dragon Again mare Tresselette. Tina will be trained by Tyler Redwood and will be making her career debut at Century Downs in Calgary!
Have you ever wondered what it's like to own a racehorse? Now is the perfect opportunity! Join the Century Horse Racing Club today for only $250 and become a fractional owner of four racehorses!
For more information and to register, visit www.cnty.com/racingclub or email racingclub@cnty.com!
Meet Tina La Vida - our Name The Horse contest winner - previously known as Twisted Sister!
"Tina" is a two-year old Standardbred filly who was born right here in Alberta! She is by Santanna Blue Chip, out of the Dragon Again mare Tresselette. Tina will be trained by Tyler Redwood and will be making her career debut at Century Downs in Calgary!
Have you ever wondered what it's like to own a racehorse? Now is the perfect opportunity! Join the Century Horse Racing Club today for only $250 and become a fractional owner of four racehorses!
For more information and to register, visit www.cnty.com/racingclub or email racingclub@cnty.com!
Some information on FRACTIONAL OWNERSHIP
If you are interested in Fractional Ownership, read the article below and contact the ASHA office for more information
The concept of fractional ownership in horse racing comes into play when there is:
The tricky part of fractional ownership stables is bringing owners and trainers together. For fractional interest owners the model has some benefits and some drawbacks:
Benefits
Drawbacks
For training stables the following is a list of things that need to be considered when starting a fractional interest stable:
Getting started:
The Cardinal Rule:
The client (fractional owner) needs to be treated with respect, concerns need to be addressed, changes in their horses condition needs to be communicated and options discussed. If a trainer and his staff can develop a bond of trust with the fractional owners and deliver some measure of success there will be opportunity for growth.
The concept of fractional ownership in horse racing comes into play when there is:
- Demand by owners to purchase fractional interests in a horse or horses. The attraction to owners may be a reduced cost of entry into horse ownership or the desire to be involved with a partnership on a horse that involves experienced owners. In some cases owners prefer partners on horses for social reasons as they enjoy the experience of owning and racing a horse with a group of friends or acquaintances
- A effort by a trainer and training stable to bring new owners and horses into the stable. This reduces the risk of a trainer being too dependent on a small group of owners by adding new interested owners.
The tricky part of fractional ownership stables is bringing owners and trainers together. For fractional interest owners the model has some benefits and some drawbacks:
Benefits
- Lower cost of entry into ownership buying a piece of a horse rather than the whole thing.
- Ability to go as fast or slow as you want growing investment in race horses.
- Social interaction with co-owners
- Ability to discuss concerns with co-owners.
Drawbacks
- Usually have less control in selection of horses than a high interest owner.
- Less control in managing the race horse with more power to the trainer.
For training stables the following is a list of things that need to be considered when starting a fractional interest stable:
- Any trainer considering a fractional ownership stable needs to put together a plan that sets targets for number of horses, types of horses and number of owners. Another consideration is the make up of stables. Will there be one per horse, one for a group of horse and of course how big or small to make the fraction owned. Finally how much will the trainer retain of each horse and charge for administration and overhead.
- The onus will be on the trainer and their staff to sell the fractional stable concept to prospective owners. Presentation materials and a breakdown of whats involved with training and racing horses will be helpful especially with new owners.
- The stable will require good management skills including regular written and verbal communication with ownership groups, accurate reporting and accounting records. prompt invoicing and the ability to collect on outstanding invoices.
- You need language in stable agreements that leave final decisions with the trainer recognizing that they will need to take the time to explain the reasons for making decisions to the owners.
Getting started:
- Solicit the help of Century Downs and/or ASHA to set up an event for prospective new owners interested in fractional ownership. This is where trainers will build relationships with prospective fractional owners so it is vital that the communication is excellent and that there is management of expectations and cautionary language that will narrow down lists of prospective owners to those with the ability to take the highs and lows of horse ownership.
- With a group of prospective owners, determine how much capital they have for initial investment and how they will keep up with monthly bills. Communication is again important as trainers discuss type of horses targeted, expected acquisition cost and expected monthly net cost/benefit of racing.
- From there it is getting the stable(s) organized. Collecting initial payments. Registering stables. Finally discussing and executing on horse acquisitions.
The Cardinal Rule:
The client (fractional owner) needs to be treated with respect, concerns need to be addressed, changes in their horses condition needs to be communicated and options discussed. If a trainer and his staff can develop a bond of trust with the fractional owners and deliver some measure of success there will be opportunity for growth.
