If you have always wanted to get involved in the fastest equine sport in the world, the Quarter Racing Owners of Ontario, Inc. has launched its first Racing Syndicate Ownership group set to begin on May 1.
An initial information meeting held in early February was enthusiastically received and more sessions for anyone interested in purchasing shares are scheduled in April at the Can-Am Trade Show at the Markham Fair Grounds (Apr. 1-3) and at Ajax Downs on Apr. 16.
Each syndicate will have 20 shares at a cost of $2,500. Once the syndicate has been completed, a horse that has already raced (and not a 2-year-old) will be purchased or leased. 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.
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.
Visit the Can-Am Trade Show website for directions to that event at
http://canamequine.com/
This could be you this year..
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