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Racehorse Value

This is the pro-rated value of the racehorse, determined by dividing the amount that Old Gold Racing paid for the horse (exc. VAT) by the number of shares.

Training & Vet Bills

These fees cover the combined monthly training fees and vet bills over the syndicate term (usually in the region of 14 months). Vet bills estimated at the outset and any unspent funds are returned to owners pro-rata at the end of the syndicate term.

Insurance & Racing Fees

This is the cost of mortality insurance so that owners are covered in case of a fatal injury to the horse. Racing fees are calculated on the basis of the horse having a busy season resulting in relatively high entry fees. Any unspent race fee funds are returned pro-rata to owners at the end of the syndicate term.

Management Fee

This is our fee for delivering frequent updates, managing events, providing top-notch customer service and – generally speaking – keeping the show on the road!