| Race Horse Partnerships |
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The main reason race horse partnerships fail is that poorly bred horses are often sold for a high price and exorbitant management fees are charged. Nick Shiambouros a co-founder of Waterford Hall Stud in 2004 and has been a successful blood stock agent and racing manager for over twenty years. Nick successfully managed the three-year-old career of Indian Haven, who won the Irish 2000 Guineas at the Curragh. After his unlucky run at Newmarket, Nick persuaded owners Julian Smith, Peter Gleeson and Lawrence Conway to supplement the colt for the race.
Nick tasted success in the United States when Mr. Fotis won the Richter Scale Grade Two, beating breeder’s cup winner Silver Train at Gulfstream Park. In his capacity as racing manager for Alago Stables in the United States, he successfully campaigned Mr. Fotis from maiden winner to retired stallion.
Nick has purchased and managed horses from all over the world, from Florida, Kentucky, Newmarket, Ireland, California and New York. Nick believes in cooperative ownership, in which partners invest and profit equally. It is the aim of www.8020horseracing.com to purchase horses in partnerships consisting of twelve members, without management fees. The standard five percent bloodstock agent’s fee will be taken not as a cash payment but as five percent ownership in each horse. If you are interested in purchasing a share in a race horse, or if you would like to buy a horse on your own, please contact us. {click here} |
