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  Joseph Racing Syndicates

 

 That's Just Great

 Audacious

 Louisianna Flyer

 Fab Cat

 

 

 


WELCOME

The Joseph Racing Syndicate team will allow you to become part of a stable that gives owners the opportunity to enjoy the thrill of thoroughbred racing and the great social occasions Joseph Racing has to offer for an affordable price with nothing more to pay for two years.


Click on the Ad for all your infomration on Syndicate 5

Our current syndicates include;

  • Louisianna Flyer, winner of five races including a metropolitain win and multiple city placings.
  • Fab Cat , a colt by a Golden Slipper winning son of Danehill, from a Stakes placed 2yr old

 
Above; Louisianna Flyer partnered with Danny Beasley wins in Sydney. Right; Fab Cat parading before the Black Opal Preview.

No more to pay for the first two years, what does that really mean?
It means exactly that, your initial outlay covers all your costs for the next 24 months. You will not be charged monthly fees following your initial investment, and you will not be charged nomination or acceptance fees while the horse is racing. Your investment also covers: the purchase price, insurance, any incentive schemes for which the horse is eligible (i.e. BOBS), nomination for the Inglis Classic and initial nomination fees for the 2008 Golden Slipper.

Why two years?
The reason we chose two years up front is so that there is no pressure on Barbara to get the horse up and going as an early 2yo if it is not ready. Every attempt will be made to race as an early 2yo, but if we can't, at least two years takes us up until a mid-3yo year which we feel gives members enough time to assess the ability of the horse.

What happens at the end of the two years?
After having two years to assess the ability of the individual, members will then have the option of continuing to race the horse on a year to year basis. Prior to the completion of the two year period we will contact each member and seek feedback on whether they wish to continue for another 12 months. At the same time each year we will then go through this same process.

The horse is owned by the syndicate, it is not leased. Therefore, all decisions in relation to the horse are completely up to the syndicate as a whole. The horse will not be sold or taken away from the syndicate, unless that is what the majority of the syndicate agree to do. When the decision is finally made to retire or sell the horse (whether that is in 2 years time or 8 years time) any funds received from the sale will be distributed evenly amongst the current members at the time the decision is made to sell.

How much does it cost after the first two years?
After the initial two years, you will only be charged for insurance and training fees for the next 12 month period. Given the year to year cost will not include purchase price, incentive schemes, acceptance fees for restricted races, Golden Slipper noms, etc. it will be a lot cheaper than the initial cost.

How will I receive information?
The Joseph Racing website, at www.josephracing.com.au provides you with all the up to date information on the stable regarding recent winners and upcoming runners.

In relation to this specific syndicate, members will receive regular email updates and have access to their very own web page, dedicated to providing up the minute information on their horse. The web page will immediately be updated with any developments. When the horse is spelling or not in full work the information will be generally distributed monthly. When the horse is in full training and in a preparation the information will be distributed on a more regular basis, up to 3 times a week- any news from the stable will be forwarded to the owners as soon as it comes to hand. Click here for a sample page.

Need something clarified, or would like to register your interest for upcoming syndicates?
Feel free to contact one of the syndicate managers. Frank Marando can be contacted on 0404 033 396, and Frank Cachia can be contacted on 0419 283 887. Or email us here.

AFS Licence Number 26516

         
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