Shamrock Thoroughbreds are offering an opportunity to become involved in the fun and enjoyment of racehorse ownership through the syndication of Pretreville.
Petreville is a high class 6yo horse who was recently purchased privately for £60,000 at the recent August horses in training sale at Newmarket. He is currently rated 112 and is a former Listed and Group 3 winner with prizemoney earnings of over £150,000 to date. He has performed to a very high level of form in the last 12 months and finished second in the Group 2 Prix du Miguet and Saint-Cloud in May this year
He is a horse that trainer Ado McGuinness believes “This is a proper Group horse and he is a very exciting horse for the latter stages of the turf season. I also think he is the ideal type to travel internationally to the Middle East early next year”.
“He has a lot of quality with plenty of size and strength. He was the pick of the sale in terms of quality and previous race performance. He is a very exciting prospect for the next 12 months.”, Stephen Thorne, Managing Director of Shamrock Thoroughbreds”.
The main reason for purchasing a share in the 112 rated Pretreville is to become involved with a high class horse who will target Listed and Group races in Ireland and potentially race internationally in the next 12 months.
Ado McGuinness is one of Irelands’ leading racehorse trainers and his record with Stakes performers and travelling horses internationally speaks for itself.
HOW IT WORKS
The syndicate will be divided into 20 shares of 5% each and each shareholder can buy as many shares up to a maximum of 50% or 10 shares. Pretreville will race under the partnership name of Shamrock Thoroughbreds and Gerard Augustin Normand and will be put into training with Ado McGuinness in Lusk, Co. Dublin. A WhatsApp Group will be setup to enhance communication purposes between the syndicate manager Stephen Thorne and each of the 20 shareholders.
The plan with Pretreville is to potentially target the Group 3 Concorde Stakes over 7.5 furlongs in early October and a conditions race at Dundalk in November before giving him a break and preparing for the $200,000 Group 2 ITM Cup at Doha, Qatar in late February.
The cost of purchase for each 5% share is £3,700 pounds stirling. This includes the sales purchase price, sales commission, buyer commission, VAT and transport to Ado McGuinness Racing.
The total training fees, mortality insurance for 12 months, veterinary fees and HRI account funds for a 5% share until the 6th September 2022 is €1,550 euros and those costs are listed below.
|Cost for 10% share|
|Cost of horse including sales and
buyer commission, VAT, vetting and
transport to Ireland
|Training fees for 12 months; Includes
daily rate, transport to the races,
farriery, supplements etc
|Veterinary and other miscellaneous
expenses for 12 months
|Insurance for 12 months||€225|
|HRI account for entries, declarations
and jockey fees etc
|Total cost of horse per 5% Share
Total training fees, veterinary,
|£3,700 Pounds Stirling
DIVIDENDS AND AGM
Each shareholder will receive a statement of accounts at the end of the 12-month term and any prizemoney earned will be divided among each shareholder at the end of the term, the 6th September 2022.
There will be a Shareholder’s discussion in early August 2022 to decide if the horse is sold via public auction or put back into training for another 6 or 12-month period.
The total cost which is immediately payable upon purchase of one 5% share is £3,700 Pounds Stirling which is the total cost of purchase and payable to Tattersalls Ltd directly. The training fees for a 5% share
(Including veterinary fees, insurance and HRI account funds) for 12 months of €1,550 Euros is immediately payable to Shamrock Thoroughbreds
If you require further information, contact Shamrocks’ Managing Director Stephen Thorne on +353857163850