Thoroughbred Syndication

Thoroughbred racehorse syndicates have been active in Canada since the early 1900s and have become a more common phenomenon in recent years due to the rising costs of purchasing, maintaining and racing a Thoroughbred, especially in urban areas.

Racing horses is an exhilarating activity. However, due to its volatile nature, all investors should think of it as a form of entertainment. Profiting from a horse purchase can be very lucrative, and is definitely possible but it is not the reality for the majority of investors. Most people will invest for the fun of owning a racehorse and being involved in the career and growth of their own horse from a young age through to its retirement and beyond.

The outlay of maintaining a horse is approximately $36,000 per annum. Depending on where the horse is or what it is doing will determine the cost at any given time. For example, while it is in training, the costs are higher than if it was resting in a paddock.

Owning an interest in a racehorse is easy and potentially rewarding, and having a company such as North American Thoroughbred Horse Company to help ensure there is professional management of the horse makes the whole experience fun and exciting!

 

NAT2010LLP - A Syndicate's Premier Year

NATHC's first syndicate, NAT2010LLP, began as an idea by Syndicate Manager, Glen Todd, to support the local Thoroughbred horse racing industry. As well, he wanted to offer the opportunity to anyone who'd ever harboured a dream of being a horse owner; better still – a winning horse owner. Well, that idea proved to have legs – all the way to the Finish Line. Interest was inspiring, the units sold quickly and our first batch of young 'uns, purchased in the fall of 2010, have blossomed into true winners. Century Union and Sunnyside Gal have done the syndicate and its owners proud: Century Union won her first start by 5 ½ lengths and Sunnyside Gal gave a blazing performance at the BC Debutante Stakes, winning by a spectacular 8 lengths.

The success of the NAT2010LLP syndicate is testament to knowledgeable leadership, a top-notch team of Thoroughbred horse experts and, especially, the enthusiasm and confidence of its owners.

Great News! North American Thoroughbred Horse Co. Launches a New Syndicate for 2011

The new syndicate gives you an even better opportunity to step into the Winner's Circle. The 2011 NATHC Syndicate is slightly modified in that we will be purchasing only two horses this year and the fee structure has changed. Particulars are as follows:
Two BC bred yearlings will be acquired at the CTHS sale in September
Total of 100 units for purchase
One-time fee of $1100 per unit for the entire year

No quarterly fees

Purchase of units in NAT2011LLP, the 2011 NATHC Syndicate, become available August 8, 2011. Please contact Deborah Renville at 604-542-6640 or email deborah@nathc.ca or Glen Todd at glen@nathc.ca
We hope you join us in making the new syndicate an even bigger success!

Tax Treatment of Horse Racing Income/Loss

Canada Revenue Agency (CRA) considers the business of Horse Racing as a form of Farming. In the event that expenses exceed the horse winnings, you may be able to deduct some or all of these as "farm losses". Unless your chief source of income is from farming, CRA may consider your farm loss as a "Restricted Farm Loss". Please seek independent tax advice on these matters. You may also refer to the Farming Income Guide (PDF) on the CRA website.

2010 Syndication Horses

Century Union
2010 Washington Summer Yearling Sale
Bought from El Dorado Farms LLC (Nina and Ron Hagen)
Dark bay/brown filly by Roar out of Irene's Bonus Baby
Photo on Washington Thoroughbred Breeder's Website
More information (PDF)

Super Yoo
2010 CTHS Yearling and Mixed Sale - Hip #23
Bought from Klimes Farm
Gray or roan colt by Yoonevano out of North by South
Yearling Hip. 23 - 2010 CTHS Yearling and Mixed Sale
More information (PDF)

Sunnyside Gal
2010 CTHS Yearling and Mixed Sale
Bought from Klimes Farm
Chestnut filly by Sungold out of Remarkable Gal
Yearling Hip. 37 - 2010 CTHS Yearling and Mixed Sale
More information (PDF)

Rockin Cherokee
2010 Keeneland September Yearling Sale
Dark bay or brown colt by Rock Hard Ten out of Coincidence
More information (PDF)

Syndication News

News articles relating to Syndication.