Horse Racing Syndicates In 2021: How They’re Going To Work!
Inside the Rails... Seasons Greetings!
Lots of us will be happy to see the back of 2020 and will be hoping that 2021 is a big improvement! I’m particularly hoping that members of horse racing syndicates are able to enjoy visiting more racing.
I must say, it seems unlikely improvement will be seen in the early weeks, as restrictions seem to be tightening and, unfortunately, it may be a few months before things pick-up.
It was frustrating, last year, not to be able to offer my shareholders the kind of experience that I like to. There were few opportunities to get people to the stables and the races, but I am grateful to everyone for being really supportive. Despite that, I have decided to reduce down to two horses, at least for the early part of 2021, as some shareholders have been impacted financially and are unable to spare as much money as normal for horse racing.
Fortunately, racing continues during the various restrictions, so even if our travel plans and social lives are restricted, there is still some racing to watch! I write this on Boxing Day ahead of the King George, and I just watched the really exciting horse Zanahiyr win at Leopardstown. I will be surprised if Zanahiyr is not the Triumph Hurdle winner, and I am looking forward to seeing him in future races.
Today BG Racing had a runner, but I was unable to go racing as I live in a Tier 4 area. I still have not got used to watching our runners on TV, but I may have to continue to do so in the coming weeks.
Acquiring A New Horse
I was delighted to secure a new BG Racing horse on lease this month. The filly in question is a two-year-old (three in January) called Far Too Beautiful. I was interested in her mainly because of her sire, Farhh, who has had a lot of success with three and four year old horses, but has gone under the radar due to some fertility problems. I am hoping that Far Too Beautiful will improve as the year goes on. She is bred to need a decent distance. Presently, she is still un-raced, but she has been in training since last summer, and we hope to have her running when the turf season starts.
On Track This Month
Having moved Silver Imperial on, and retired My Brother due to injury a couple of months ago, we decided to call time on Fr Humphrey’s career after a 4th placed finish. He is already a veteran, and he really needs decent ground. So, with him unlikely to run well until the Spring, we decided to give him a well-earned retirement.
Dynamic Kate has been slow to get the hang of hurdling and does not really seem to want soft ground, therefore we approached her hurdling debut at Wincanton on Boxing Day with a lot of trepidation. We needed to get her three runs so that she could gain her a handicap mark; we were pleased enough that she completed the race, even if she was well beaten.
I have been busy processing shareholder renewals in the last few weeks, and I am grateful that the BG Racing shareholders are really supportive and most have renewed for 2021. There are some shares available, and I would be delighted to have new people involved. So, if you, or anyone you know fancies getting involved in ownership at a modest cost, I look forward to hearing from you. There is more information on my website www.bgracingsyndicates.co.uk , where I post a weekly update under latest news.
Thanks Phil for this interesting post and I have downloaded and really enjoyed your excellent horse racing ownership guide.
You are welcome Graham – if you have any questions now or in the future, please feel free to get in touch.