Frequently Asked Questions
1. What does it cost to join?
Each year we open a new ownership group and offer a limited number of units at $500 per unit.
2. Does one unit cover a single horse or all of them?
Your unit represents a share of the entire roster of horses purchased for that year’s partnership. So you will not own just one and have multiple chances to get your picture taken in the winner’s circle.
3. Is this a recurring cost?
No — this is a one-time participation fee for that year’s group. If you want to continue with us in future years, you can choose to join the next partnership.
4. Do I have to join again in future years?
No. Participation in later groups is completely optional.
5. How often do the horses race?
The exact number of races depends on the horses’ health and readiness. Typically, our groups have multiple race entries throughout the year across Kentucky, New York, and New Jersey. We aim for 1-3 starts per month.
6. Are there group events?
Yes. We organize a mix of track days, training visits, and social events (usually 4–5 major gatherings per year), along with ongoing virtual race watch parties.
7. I don’t know anything about horse racing — is that okay?
Absolutely. Many of our partners are newcomers. We provide accessible updates and explanations so you can enjoy the experience while learning along the way.
8. Can I visit the horses?
Yes, partners are encouraged to meet their horses!
9. How do we receive updates on the horses?
Primarily through our app and in the regional group texts we create. We provide regular race previews, recaps, and training notes, plus quarterly updates on the overall partnership.
10. How is the financial side handled?
All expenses for the horses and related partnership admin are covered by the initial partnership fund. At the end of the cycle, any net proceeds from racing purses or horse sales are distributed pro-rata among the partners. There are no additional capital calls or surprise bills. Progress is tracked on a shared document and presented in quarterly updates. Typically, there is a pro-rata distribution at the end of each calendar year.
11. How do taxes work?
Our accounting firm prepares the partnership’s return and issues each partner a Schedule K-1 for their share of income, loss, or expense. Each person’s situation is different, so we encourage you to consult your own tax advisor.
12. Where do the horses race?
Primarily at Kentucky, New York, and New Jersey tracks, including major venues like Keeneland, Churchill Downs, Saratoga, and Aqueduct.
13. Where are the horses based?
Our horses are cared for by licensed trainers in Kentucky, New York, and New Jersey. They reside in whichever state makes the most sense for their racing schedule.
14. How can a horse generate revenue?
Racehorses may earn money through purse winnings (prize money from races) or sales proceeds if sold. In rare cases, a successful horse may also have breeding value after its racing career.
Disclaimer: This partnership is structured as a private ownership group for the enjoyment of Thoroughbred racing. Partners will receive a Schedule K-1 for tax reporting as required under federal tax law. While certain tax allocations are required, participation is offered primarily as a recreational ownership experience, with significant financial risks and no expectation of profit. This Agreement does not constitute an offer to sell, or the solicitation of an offer to buy, any security, and shall not be relied upon as such. The partnership will nonetheless be operated in a commercially reasonable and businesslike manner, in compliance with applicable tax law.