St Ignatius Racing Syndicate
A group of shareholders in a prize winning racehorse. The maximum group size is 20. The primary owner retains 80% of the shareholding. The other sharers hold a minimum of 3% each, entitling them to equivalent share of the winnings and of the sale proceeds, should the horse be sold. Shareholders get together at race meets, where they can also network with other racehorse owners and trainers. They get regular progress updates and they can visit the horse.
Minority shareholders pay a flat monthly fee only; there are no entry costs, extras or exit fees. They give just one month's notice if they wish to leave the group and their shares are transferred back to the primary owner.
St Ignatius (or Stig, as he is affectionately known!) is a 4 year old bay gelding purchased January 2011. He has finished in the money in 4 out of 9 races since, including a win at Brighton on 15th April and 3rd place at Southwell on 19th May.
Breeding: Newmarket Oct 09; 5th foal, half-brother to Briery Lane, dual 5-6f winner at 5-6; dam a triple 5-6f winner at 2-3, out of smart sprinter Food Of Love.
Primary owner Mark Glassett, who has 30 years' experience in racing; trained by Mick Appleby, who was assistant to Andrew Balding prior to taking out his own licence in 2010.
The horse is stabled at a state of the art yard with 1m all-weather gallops, 2 lunge rings, starting stalls, electric horsewalker, hydro-therapy equine pool and infra red heat equipment.
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