An information meeting was held on February 6, 2016 for those interested in participating in a Racehorse Syndicate Ownership. The meeting was very informative and the level of enthusiasm ran high. It looks like the first syndicate will be formed and ready to go by May 1st. Each syndicate will have 20 shares at a cost of $2,500. The syndicate trainer will be selected by the shareholders by majority vote, and it will be required that the trainer purchases at least one share.
Any trainers that are interested in participating in the syndicate will be invited to present their information to the syndicate members – the application should include their training day rate, commission percentage, blacksmith rates, and all other costs that may or may not be charged throughout the season. Each syndicate will also have a syndicate manager who will work with the trainer in the day to day decisions about the care and training of the horse. The manager will also be a shareholder. When the syndicate is complete and ready to go, they will be looking to purchase or lease a racehorse. This will be a horse that has raced already and thus not a two year old.
The manager will also be a shareholder. When the syndicate is complete and ready to go, they will be looking to purchase or lease a racehorse. This will be a horse that has raced already and thus not a two year old. In addition, Syndicate information will be available at the Can-Am Trade Show being held at Markham Fair Grounds, April 1st-3rd. Another information session will be held on Saturday, April 16th, 2016 at 1:00 pm in the lower level meeting room at Ajax Downs. You must pre-register to attend. If you are interested in participating in the Syndicate, whether as the trainer or to purchase a
In addition, Syndicate information will be available at the Can-Am Trade Show being held at Markham Fair Grounds, April 1st-3rd. Another information session will be held on Saturday, April 16th, 2016 at 1:00 pm in the lower level meeting room at Ajax Downs. You must pre-register to attend. If you are interested in participating in the Syndicate, whether as the trainer or to purchase a share, or if you have a horse to sell or lease that would be of interest to the Syndicate, please contact Monique at the QROOI office at 905-426-7050 or email to qrooiheadoffice@gmail.com. Monique will answer any questions you may have.