BG Racing Syndicates

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Weekly Update 07-11-19

By On 7th November 2019

Sorry, this is so late, I just don’t know where the time goes!  I do have some excuse in that I have been busy celebrating my 50th birthday this week.  I started early with a day of golf at St George’s Hill on Friday.  My golf was poor, but it is a fantastic course and that very much made up for it!  I then went to the NFL game at Wembley on Sunday and we had a family lunch on Tuesday, the day of my birthday, before watching the fireworks as we headed North up the M1 as Sarah needed to work in Leeds for a couple of days.  We had a really good Chinese with friends last night and I have still got another meal out on Saturday and a golfbreak on Sunday and Monday, so I am really milking it!

A prospectus providing full details of the new share options and background on each horse is now on the website here.

Please contact me, via the website contact page if you want any information on any of the future shareholding options.

Purchase Options

I am aware that all the horses shareholding options run at the same time and for many people, a full year’s outlay in one hit is a pretty significant commitment, so please also consider making payments to me via monthly standing order across the year, if this suits you better.

In the sections below, I quote share prices for 1% purchases and discounts for 5% and 10% purchases.  If you would like shareholding in multiple horses that adds up to more than 5% or more than 10%, then please contact me as I may be able to offer some discount even if your share of a specific horse is less than 5%.

My Brother

“Bruv” is back in at Neil’s and walking every day on the horse walker.  I have spoken to Neil and others about his valuation for the coming year and whilst Neil and the vets are very confident that he will return as good as ever, everyone I have spoken to has indicated that his absence would probably significantly impact on his valuation if he was sent to the sales now.  The suggested valuation of him for this year is, therefore, £5,000.  This will look a bargain by the end of the year if he returns to the racecourse at the expected level, but the valuation has to be the best estimate of the price we would obtain if selling now.

This means that new shareholding can be purchased at £65 per 1% share (£300 for 5% and £550 for 10%).  The training/renewal fees for November 2019 to October 2020 will be £250 per 1% share (£1150 for 5% and £2100 for 10%).

Fr Humphrey / Mount Oliver

I saw “Humphrey” on the gallops on Monday and he is in great form. The entry is in for Tuesday at Huntingdon and we should be all set to run there.  Mount Oliver arrived at Neil’s on Tuesday and I will get down to see him in the next week or so.

These two are on a two horses for one share price option until30th April 2020. Fr Humphrey will run in November and March and there may be one or two additional runs in the period, whilst Mount Oliver should run at least 5 times in the same period.

Both horses will be in training for the full six months (normally in a 12 month period, I allow for two or three months of non-training).  and this means that the six month period will be £270 for 1% (£1250 for 5% and £2,250 for 10%) but this will get you ownership of both horses and full share of any prize-money won (which would be significant if Fr Humphrey runs well in the veterans chase final that we are aiming him at).

Anjaal / Silver Miss Filly

We hopes to have her on the track in the first quarter of 2020 and she should be able to run regularly during the year.

She is a proper flat racing filly and could be anything.  The fees for her will cover the period to 31st December 2020 and will be £240 per 1% share (£1,100 for 5% and £2000 for 10%).

Yeats / Alverstone Filly

This one has arrived at Neil Mulholland’s this week and will run one or two bumpers at the back end of this season and then go novice hurdling at the start of next season.  My aim is to ensure we have the option of two years with her.  Whilst she may only run three or four times between 1st November this year and 31st October next year, she really could be anything and whilst she might end up being quite ordinary, she could be a top-level performer able to contest big races.  She will be £250 per 1% share (£1150 for 5% and £2100 for 10%) covering the period to 31st October 2020.

Ascot Discover Racehorse Ownership Weekend 

As mentioned previously, I have an exhibition stand at Ascot racecourse for their two-day meeting on 22nd and 23rd November and the Anjaal filly is booked to be involved in a syndicate horse parade on Saturday.  If you are at Ascot on either day, please come and say hello.

Christmas Socials

I have arranged stable visits and lunch at Michael Attwater’s on 1st December and Neil Mulholland’s on 15th December.  Whilst these are shareholder events, I would be happy to try to accommodate anyone interested in getting involved with BG Racing, so feel free to contact me for details.

From The Stables

Last Monday, Michael Attwater’s Sea Bright ran OK for a while but faded in the home straight to be well beaten.  The following day, Neil Mulholland’s horses continued their good form. La Cavsa Nostra was a great winner at Chepstow landing the 1.45 and Peltwell was placed later on the card.

Two more winners for Neil followed on Wednesday.  The Detainee made too many mistakes at Fakenham and ended up well beaten, but Viking Ruby and then Scardara both won at Taunton to ensure it was a good day for the yard, with the latter a very impressive winner.  Unfortunately, Libbdan was unable to complete the hat-trick at the track and was unplaced.  Over at Dundalk, Alan Fleming’s Maggie Thunder was badly drawn and she faded out of contention in the last 2f.

Thursday saw Seven Clans ran well for Neil, finishing 3rd, but Lawn Ranger and Music Major were both unplaced for Michael.  Frau Georgia was unplaced for Neil on Friday and Neachells Bridge was also unplaced on Saturday.  Michael’s Something Lucky ran a cracker on Saturday though.  He wore down the leader in the final furlong only to be caught himself in literally the last stride to end up 2nd.

After no runners on Sunday, this week started with Green or Black finishing 4th at Hereford for Neil, with Deputy Jones and Delannoy also unplaced at Plumpton.  Michael had Miss Ditsy at Kempton and she ran a nice race.  Whilst well beaten by the placed horses, she came home in 4th place and hopefully she will find a level where she can be competitive when she gets into handicap company.

Neil had a Tuesday winner when Heavey won at Exeter, but he was probably fortunate, as he looked set to be third until the leader took a left turn on the run in and took the 2nd and 4th across the course leaving Heavey to snatch the win!  Neil’s other runner, Princess T was unplaced as were Johnny Farrelly’s runners, Breffniboy, Chance It, Deja Bougg and Crown Hill.

Yesterday, Neil’s Chinwag was well beaten at Chepstow, but his Percy Pops ran pretty well despite missing out on the places.  Bambys Boy was not so good at Kempton and was eased when out of contention.  For Michael, Passing Clouds ended up unplaced and his other runner, Just That Lord had a wide draw which was not ideal and he finished unplaced.

Getting Involved

If you are interested in finding out more about what is involved, then please do get in touch as I would be delighted to discuss things with you.

I issue weekly shareholder updates (which go into more detail than the blog) and frequent updates on social media.  Feel free to like the FaceBook page and follow the Twitter updates.

I also have an e-book entitled “Racehorse Ownership – Everything You Might Have Wanted To Know But Would Not Have Known Who To Ask“.  This is free and the download page can be accessed here.

Have a great week.

Phil


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