How it works
Highclere Thoroughbred Racing offers shares in a range of syndicates each summer. The number of shares available per syndicate varies between ten and twenty. The number of horses, who are trained by the country’s top trainers, will vary in each syndicate.
Each shareowner enters into an agreement with the company to share in the prize money and the proceeds from the sale of the horses once the syndicate is wound up.
John Warren, one of the leading bloodstock agents in the world, purchases the horses at the world’s principal yearling sales. In order to comply with Jockey Club rules, the horses remain the property of HTR.
After being broken at Highclere Stud, the horses are sent to their nominated trainers. HTR keeps in close contact with the trainers, regularly visiting the yards in order to carefully monitor the progress of the horses. In combination with the trainers, each horse is managed in order to maximize its potential and future value.
Owners have the opportunity to see their bloodstock firstly at the Yearling Parades, held annually at Highclere Stud in the grounds of Highclere Castle and then throughout the year on regular visits organised by HTR.
The duration of each syndicate differs but generally lasts for a minimum of two seasons. The horses may be sold at any time throughout the duration of the syndicate and any attractive offer is always carefully considered.
Once all the horses are sold, the syndicate is wound up and the accounts are reviewed by the auditors. Any surplus of income over expenditure is distributed to the shareowners. In the unlikely event of a deficit, the cost will be borne by HTR thereby ensuring that no further calls for funds are ever made.