(Double) Weekly Update 14-10-18
By BG Racing Syndicates On 14th October 2018
Now I am full time on BG Racing, I seem to have less time than I did when I was working in pensions! We were on a golf break on Sunday and Monday and I spent a large part of Tuesday at a networking event which I hope will be valuable in growing BG Racing. Hence we ended up with a double update of the blog!
I visited Johnny’s for the morning last week and I went down to Fontwell last Friday to meet Neil who had runners there. I then headed down to Neil’s yesterday morning to see our horses, and I spent the morning with the owners from Diamond Racing who were there to see their horse on the gallops.
The Way You Dance
All is fine with The Way You Dance who has been doing plenty of road work and will now be starting to trot and canter as he builds up to fitness. Neil feels that The Way You Dance has enhanced his value this year with two wins and two placed efforts from his four starts despite the fact that we only managed to get him to the races on four occasions.
The injury remains a bit of a mystery. Neil said that he had spoken to the vet again and the knock that TWYD suffered really did not look like it should not have resulted in him being lame for so long. No other reason for the lameness has come to light though and he is sound now.
The vet has given us the green light for him to start stepping up, although there is obviously some caution as without knowing what was properly responsible for the problem, it is hard to be confident that it will not reoccur. We will press on though and hopefully the injury can be put behind us and we can get him back racing soon.
With the success that The Way You Dance has had this year and in line with advice from Neil and others, I will be increasing his value at renewal. He will be valued at £15,000 with training fees for the year staying at £17,500. This adds up to a share purchase price of £360 per 1%. I will discount 5% to £1750 and 10% to £3400. These are all in costs to 31st October 2019 with your share of prize money, full owners benefits and the sale proceeds from your share should you decide not to renew or if we sell the horse. If you are interested in taking a share, please contact me and I will provide you with further information and the relevant paperwork.
Johnny and I agreed last week that we will put together a social function for Justice Super owners. We will spend a morning at the yard, before getting some breakfast / lunch and going racing. Johnny will try to get a horse running at the race meeting so that we can give the Justice shareholders a day at the races with the ownership experience.
Justice Super is still with Johnny as I have still not yet been able to find him a new home. I have had a fair bit of interest at different times, but no joy yet and if anyone reading this wants to give a lovely mild mannered horse a good home, then please get in touch. He wont be able to be raced or jumped but he will make a lovely hack or possibly dressage horse.
My Brother is doing two canters a day on the hill gallop at Neil’s and I saw him come up the hill yesterday. He is doing fine and everyone is happy with him and Neil is starting to think that a run in a couple of weeks is possible and he will keep me posted regarding whether that is realistic.
We would like to sneak in a run before the shareholding renewal at the end of this month, we wont rush him just to squeeze in a race, but if he is ready then that is the plan. My Brother is certainly doing everything right at the moment and Neil is really looking forward to seeing what he can do on the softer winter ground. We discussed his value and Neil was adamant that having already finished 2nd in a novice hurdle, My Brother would still make as much at auction as we paid for him last year.
My Brother will therefore be valued at £20,000, a share purchase of £415 per 1%. 5% will be discounted to £2000 and 10% shares to £3900. These are all in costs to 31st October 2019 with your share of prize money, full owners benefits and the sale proceeds from your share should you decide not to renew or if we sell the horse. If you are interested in taking a share, please contact me for further information.
From The Stables
On Monday 2nd October, Johnny’s Ambre Des Marais finished midfield, but Neil had a winner through Green or Black who finally got a win after going close several times. At Kempton, his two runners Most Celebrated and American Patrol failed to feature as did Scotsmans Bay for Alan over at Roscommon.
The following day was a cracking day for our stables when Polished Rock won for the second time in three races for Johnny. Whilst Neil’s Fingerontheswitch was unable to make the frame, Cornish Warrior battled resolutely all the way to the line and gave us a second winner on the day!
The Wednesday was quieter with Ballyantics running well for Neil finishing 2nd, whilst Code of Law weakened out of contention. The following day, Free Bounty was also unplaced for Neil, who had four more runners on Friday 5th. Magical Thomas was third, Physical Power finished midfield, Masquerade Bling was unplaced and Mrs Burbidge was 2nd at 16-1 after being hampered in the final furlong which may have cost her a win.
Saturday 6th was 0-2 for our stables as Johnny’s Love The Leader and Neil’s Hollywood Dream were both well beaten, but on Sunday Polished Rock won for the second time in a week for Johnny! Sleep Easy made the places, finishing 2nd at Stratford for Neil on Monday but Full (Neil) and French Furze (Alan) were both unplaced. The following day saw Bakmaj finish 2nd for Alan over in Ireland.
There were no runners from our stables last Wednesday and on Thursday, Neil managed two third places at Bangor. Bishops Court was 3rd in a 4 runner race, but Vexillum managed 3rd in a bigger field which was a good run. Winter Spice was 2nd for Johnny at Worcester, where Spring Storm was unplaced. Poetic Lady and Lee Side Lady ran well for Neil on Friday without making the places. Western Sunrise did make the frame for Johnny finishing 2nd. Neil’s Moving in Style returned from a break with an unplaced effort.
Yesterday turned out to be a good day for Neil. He started with Vis a Vis who ran a cracker to finish 4th in the Cesarewitch. This was followed up by a win for The Young Master at Chepstow who repelled several challenges to battle on in front and stay there to the line. Half an hour later it looked like The Wicket Chicken would bring up a double, battling well but eventually finishing 2nd.
Development of BG Racing
There are three areas where I am looking to develop BG Racing, but I cannot make purchases in any area without knowing that I have interest from people. If you are reading this and may be interested in any / all of the following, please get in touch.
New Horse(s) – the obvious growth will be through new horses. I am inclined to look for a sprinter as the next BG Racing purchase. I would like to find a horse that is a robust type who can run regularly. Obviously wins will be less frequent, but we can get racing on a regular basis. I won’t however lose focus on the National Hunt and I will look for another Justice Super type who has potential to develop into another nice jumps type. I would like something that will make a chaser in time rather than having another flat/hurdling sort.
Breeding – Another area I am looking at is buying a filly with a view to breeding from her in retirement. This would be a slightly different ownership as it would require a longer term commitment, but it would give people a chance to see another side of the business and we would potentially generate returns from selling the offspring.
Foal / Yearling Investment – This would be a high risk “investment” option with investors’ money being pooled to buy one or more foals or yearlings with the aim of bringing them through to sell for profit. Returns could be anything from zero to a massive profit, but the it will give people the chance to get involved in the racehorse sales process.
Buying a share in a BG Racing horse is a decision that you will not regret. All quoted prices include the purchase price of the horse and should you decide to renew for a second year, you will only need to pay training fees which are under £200 per 1% share. If you are interested in discussing what is involved, then please do get in touch as I would be delighted to discuss things with you.
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 by following this link: https://www.bgracingsyndicates.co.uk/subscribe-for-our-free-guide/
Have a great week.
1 year ago / Comments Off on (Double) Weekly Update 14-10-18