RACING & BREEDING PARTNERSHIPS
Joining a thoroughbred horse racing partnership is one of the most affordable and smart ways for new owners to enjoy all the fun of an insider for a fraction of the cost. By spreading out the expense of a race horse and relying on experienced industry professionals to select and manage their horses, people with limited equine background can increase their chances of a successful experience in one of the most rewarding sports around. Rather then 100 percent ownership of a horse and losing the entire investment if the horse retires prematurely, some investors choose to invest in smaller shares among multiple horses to minimize risk . Partnerships are also a good option if you just want to dip your toe in the water before committing significant resources by building your own stable. You can participate in and learn about the industry from the ground up before venturing out on your own.
Irish Eyes Stable offers a percentage in each thoroughbred they purchase or claim from a race. The minimum buy into a horse is five percent. The initial investment covers the purchase price of the horse and all expenses from the date the horse was purchased until the beginning of the current month. These expenses cover training, vet supplies, fees, vanning , blacksmith, legal fees and tax preparation. Our partnerships offer the comfort and safety of risk shared among a group of investors. The pooled assets of our partnerships will maximize our ability to purchase high quality horses that might not be affordable to a single investor. Partners are billed monthly in a detailed statement. Monthly cost will vary depending if the horse is training at the race track or at a training center in Ocala, FL. Unanticipated vet costs may also increase monthly costs.
If a horse is sold, Irish Eyes Stable is to receive five percent of the profits. No additional management fees will ever be charged and there are no expense mark-ups. There are multiple ways to earn a return on your investment in addition to participating at the highest level of racing. The first way is through purse earnings. Owners of a horse earning a purse will receive a disbursement check within 10 days. The second way is though the revenues earned if a horse is sold. The horse may be sold for racing or breeding.