UK racehorse syndicate ready for latest venture
One of the UK's leading racehorse syndicates is gearing up to launch its 17th scheme. Goodwood Racehorse Owners' Group, based at the famous "Glorious Goodwood" racecourse in West Sussex, is known affectionately as GROG. It brings racehorse ownership to the masses, with members able to own a share in a horse for two years for just £725, with all associated costs included in the membership fee.
Goodwood became the first flat racecourse to offer ownership to its racegoers in 1994. A maximum of 200 shares are offered in each syndicate horse. Members receive monthly newsletters, have use of a non-premium telephone information line service and access to a private area of the Goodwood website.
The syndicate is keen to provide members with travel and social events as well as just racing. Over the years GROG members have travelled to racecourses including Santa Anita in California and Nad al Sheba in Dubai, and social events have taken them to Highclere Castle and Stud; Bloomsbury Stud and Woburn Abbey; The Irish National Stud; the Lavington Stud and Whitsbury Manor Stud.
Speaking to the West Sussex Gazette about the group's latest venture, organiser Gail Brown said: "We are now offering membership for the 17th scheme - it is actually the 16th but we skipped scheme 13 for those who are superstitious. We shall be going to the sales this autumn, where the horse will be bought by an independent bloodstock agent in conjunction with John Dunlop from the Tattersall yearling sales. The horse will start racing for the group on the Flat for two years, starting in 2010 as a two-year-old. At least three complimentary social events each year, and some non-profit making visits to various historic racing establishments are part of our programme. We also endeavour to take members overseas each year and they are regularly provided with excellent complementary facilities at Goodwood."
One of GROG's horses, Goodwood Blizzard, was bought for 12,000 guineas and sold for 58,000 guineas after winning more than £33,000 prize money, and earlier this season Goodwood Maestro won at Goodwood at 11-1.
Anyone interested in becoming a member of the 17th scheme can contact Gail Brown on 07860 361444.