Weekly Update 29-10-18
By BG Racing Syndicates On 29th October 2018
It seems like Autumn / Winter is very much on the way. The clocks went back, the first jumps meeting of the year was held at Cheltenham and it was blooming cold! We could still do with a bit more rain for My Brother to get some soft ground, but we are close to getting him back on track.
I went to Kempton last Tuesday to meet with a prospective shareholder and spent a very enjoyable evening chatting about racing. Sarah and I were then down at Cheltenham for the weekend where the racing was excellent despite the cold and wet weather. It was good to catch up with friends there and we enjoyed an excellent Chinese take away at the home of BG Racing shareholders Susie & Gerald after racing on Friday. Horse racing and chinese food – just about the perfect combination for me!
The Way You Dance
I discussed The Way You Dance with Neil this morning and got a very positive update. TWYD has been cantering every day and Neil is very happy with him. The Way You Dance has had no problems and is getting fitter all the time. Whilst he is still some weeks from being race fit, he is coming along as well as can be expected and fingers crossed we will see him back on the racecourse soon.
Renewal emails should be round this week to all shareholders. There are however some shares available at £360 per 1%. 5% will be discounted 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.
I have received a contact from my advert on the retraining of racehorses website to try to find an owner to take Justice on. I am liaising with them to make sure that they have the facilities they need to provide Justice with a good home. Fingers crossed for a positive outcome on this. The advert on the retraining of racehorses website can be viewed here.
We are getting close with My Brother, who is ready to go as soon as we have the right ground. He has been entered at Fakenham this Wednesday, but we are not sure that it will be soft enough there to declare him. We will make a final decision on racing tomorrow morning.
If we do not run Wednesday, then the likely next option is Warwick on Thursday 9th November.
There are plenty of shares available in My Brother and you could be with us racing next week. Shares are £415 per 1% including training fees for the year. 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
No runners last Wednesday, and just Great Fairy at Southwell for Neil Mulholland on Thursday. This one was well beaten. Friday was disappointing as despite starting favourite, Neil’s Cornish Warrior dropped away tamely at Cheltenham and was well beaten. His other two runners, Simply Sin and Hollywood Dream were also unplaced later in the day at Kempton. Back at Cheltenham,
And The New ran well for Johnny Farrelly for a long way but dropped away and probably needed the run. Sporting Boy went well in the 4.55, but was narrowly run out of the places.
On Saturday, Neil’s two runners at Cheltenham ran different races in the same contest. Doing Fine was dropped out for a late run with Shantou Village racing up with the pace. The latter battled on to be 5th, but Doing Fine was unable to get a challenge in and finished in the pack. Johnny ran Lady Makfi at Newbury and Alan Fleming ran Tournois at Galway, but both were unplaced.
Our first winners of the week came on Sunday. Full won the first race at Wincanton for Neil, who then withdrew Boy in a Bentley and Magical Thomas from later races as he felt that the ground was too firm for them. Alan ran Dom Dolo at Galway, but he was beaten and Edelpour only managed a 3rd place at Wexford. His Barwell made a great debut however and won impressively without coming off the bridle!
Neil’s Masquerade Bling was beaten at Leicester today. Alan had four runners at Wexford, where French Furze, Khuda and Speaker Connolly were all beaten, before Mount Pelier won the final race on the card, a national hunt flat race.
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.
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