There are numerous ways to become involved in ownership of thoroughbreds. And whilst racing may be renowned as the ‘Sport of Kings’, investment opportunities are many and varied and it need not be an expensive thing.

When it comes to racehorse ownership, there are three options; sole ownership, part-ownership or syndicate ownership.

Sole Owner

As the sole owner, you are entitled to all prize money accrued by the horse as well as the right to name the horse and choose your silks. You will also be involved in all decision making relating to the racehorse’s career and are responsible for all accrued expenses.

Part-Owner

Part-ownership is often a preferable option when it comes to buying racehorses because all the horse’s highlights are shared but so too are the expenses. For a lesser investment, part-ownership affords people the same privileges as sole owners.

Syndicate Owner

Like part-ownership, syndication appeals because it provides great access to the exciting world of thoroughbred racing at a fraction of the price of ownership and even part-ownership. This is the most cost effective way to become an owner.

A great case in point of syndication is that of Pam Hawkes. Pam is a Victorian potato farmer and great horse lover who invested in the horse, Black Caviar. The syndicate was formed in 2008 by a group of friends from Sydney and Melbourne. Pam was even responsible for naming the great horse. Black Caviar owes her name to Pam’s love of seafood.

Black Caviar would go on to be undefeated in 25 races including wins at Royal Ascot and in the Caulfield Cup. Her unbeaten streak is the longest in world racing for more than a century. Pam says, “Besides my husband and children, Black Caviar is the best thing that has ever happened to me. It is a dream come true to have this beautiful horse.”