Syndicated by:
+10
Sovereign Star ran in three Point-to-Points in Ireland, placing in two of them.
He finished 3rd on first start, which was particularly impressive given that only four of the nine runners finished the race. The winner, Affordable Fury, has since won on three occasions as well as placing 2nd in two Grade 1 races.
We can reasonably put a line through his second run, as only three finished that day due to terrible conditions. He clearly had no trouble putting that race behind him, as he came out and finished 2nd on his third and most recent start, beaten only three lengths by Making Headway who has since won on rules debut.
Meanwhile, the horse in fourth that day, Supremely West, has subsequently run nine times, winning five of them and finishing 2nd in the other four.
Donald is very enthusiastic about the big lad’s future, informing that he should go through the whole system… looks a big, staying horse’.
Sovereign Star is sired by Soldier Of Fortune and out of the Presenting mare, Sovereign Lass.
Soldier of Fortune is a proven Grade 1 sire by Galileo, who has produced some very smart horses over the years. These include prolific and Graded race winners, Early Doors, Mega Fortune, SlowMotion, Flying Tiger and Tin Soldier.
Sovereign Star’s dam is a Presenting mare called Sovereign Lass. She is a full sister to Ballydub, a highly rated hurdler, who achieved a mark of 145 after finishing 2nd in a Grade 3 at Sandown. He also won a Pertemps Qualifier at Newbury on his fifth start and kept the company of horses like Synchronised, The Giant Bolster and Hunters Ploy when running over fences.
Sovereign Star is a full brother to the Dan Skelton trained Royal Infantry, who has won two NH flat races this year, the most recent of which was the Listed bumper at Newbury on Betfair Hurdle day before going on to run a good race in the bumper at the 2024 Cheltenham Festival.
Sovereign Star made his debut for us in a National Hunt Flat Race and while the result doesn’t look overly exciting on paper, it was a promising start. He ran a decent race considering it was his first under rules and that he had been off the track for a while.
He quickly followed this up with an encouraging debut over hurdles. As we expected, he looked a complete natural over his obstacles which was backed up with his next run confirming this ability. It was decided that a summer holiday and a wind op would benefit him ahead of his 2024/25 season.
With a bold attitude and impressive jumping technique, he looks set for a bright future in the chasing division!
There is one other partner in this horse, who owns 50% of the shares. This means that once 1,500 shares have been sold, the syndicate will be full.
Unlike other syndicates, Old Gold Racing does not charge owners VAT. This means that there is no need to reclaim VAT and that a share represents a greater proportion of the racehorse.
At the end of the syndicate term any unspent funds are returned to owners pro-rata. These funds can be withdrawn or used against the cost of renewing or purchasing a share.
THE SHARE PRICE BREAKS DOWN AS FOLLOWS:
Racehorse Value
£9.17
Training & Vet Bills
£15
Insurance & Racing Fees
£3.67
Management Fee
£18
Contingency
£8.16
TOTAL
£54