As you probably know, the cost of racehorse ownership is forever increasing with the average cost of keeping a horse in training being around £16,000 a year. With that in mind, Titanium Racing have recently launched a club with the aim to create an ownership experience for their members which is affordable, fun and interesting with a whole host of added extras. As Titanium Racing is a club and not a syndicate, there will be no fixed term contract and no initial costs.
The added extras include stud visits where you will be shown around and have the chance to see some top stallions. Trips to the sales (including Goffs and Tattersalls) to see what goes on and look at potential future club horses. Regular trips to trainer’s yards to see the horses on the gallops and of course attending race meetings when the club has a runner.
To begin with, eight horses will represent the club with each member owning a share of each horse. However, there are plans to increase this number as the club grows and enjoys success. The horses that will represent the club mainly include unraced two-year-olds who could be anything. The eight horses included in the club can be viewed here:
The club has two of the North’s top trainers in Richard Fahey and Karl Burke involved along with two of the North’s upcoming young trainers who are really paving a way for themselves in Keith Dalgleish and Rebecca Menzies. As a club member, you will have the chance to regularly visit each trainers yard.
I spoke to Megan O’Brien (who works for Titanium Racing) regarding the club and this is what she had to say:
‘As a club, we want to bring extras to members to give an insight into the industry. We have some stud visits organised to view stallions, as well as sales visits so members can see how the entire process starts in selecting one from the sales. We also have a visit planned to a pre-training yard. This is on top of all usual stable visits. Members also get a monthly newsletter and numerous updates, for all its a racing club members will feel like they’re an individual owner.’
‘We feel the package we offer speaks for itself as each member gets 1% per horse (8%) in total for £175 a month. Because its spread across 8 horses it gives members more opportunity to attend the races, sample being an owner and hopefully therefore more chance of being in the winner’s enclosure’.
‘We still have two horses in pre-training which are Skito Soldier who is from a lovely Oppenheimer family, and our unnamed Street Cry colt. Both are lovely imposing individuals who are more back end types, who we are very much looking forward to running.’
The club hasn’t had a runner just yet but there are plans in place for the horses ready to run now the flat season has started to get going.
With regards to the future, as mentioned, there are plans to purchase more horses as the club grows. The club currently employs the services of northern trainers but will look to expand to the south in the future as more horses are purchased.
So if you are looking at going into racehorse ownership that is thrilling and enjoyable but at the same time affordable then Titanium Racing is without a doubt the club for you.
For more information simply visit: http://www.titanium-racing.co.uk/