Frequently Asked Questions
Racehorse syndication FAQ
Racehorse syndication FAQ
Racehorse syndication FAQ
Why chose Vardy Thoroughbreds?
Do you want to have fun, get value for money and enjoy a great social horse racing experience?
At Vardy Thoroughbreds, we specialise in racehorse syndication. We want to provide you with memorable experiences, first and foremost through racing, but we will also provide open and honest communication.
We aim to have monthly BBQ’s at our trainer’s stables, sponsored race days, and various social events throughout the year.
What is racehorse syndication?
Racehorse syndication is a fantastic way to buy a racehorse for a fraction of the cost. All horse shares are sold on a 5% basis, therefore your cost will always be 5% of any expenses.
Can i buy more than one horse share?
Yes, of course! You may chose to buy multiple shares in as many of our horses as you like. Many owners like to have a share in more than one horse because the major benefit is that while one horse is in the paddock, the other could be out at the track earning you prize money!
How will I be updated on my horse's progress?
Communication is paramount! Vardy Thoroughbreds update you at least once a week with videos or photos and voicemails from your trainer via email. When your horse is in full work you will constantly be updated, sometimes three times per week. When your horse is spelling, we make regular visits to the farm for photos and videos.
Who will be my horse's trainer?
Vardy Thoroughbreds works with six fantastic trainers:
John Thompson Racing
John Thompson is a fourth-generation racehorse trainer – and a successful one at that as evidenced by his Group One winners expertly executed under his care. The Randwick-based trainer oversees a capacity stable of 50 horses in work at Randwick in Sydney.
John ran Cummings’ Leilani Lodge for Cummings at Randwick for eight years before branching out on his own, where he learnt the value of patience (as Bart famously quipped, it’s the cheapest thing in racing and the least used) and demonstrated his ability with young horses. In the season of 2011/2012, he was Australia’s leading two-year-old trainer.
John has prepared eight Group 1 winners during his career including champion three-year-old Fastnet Rock filly, First Seal.
Kristen Buchanan is proof that you don’t need to be based in the city to be a regular metropolitan winner; she has had success in town with the likes of Two Blue, Lucky Liaison, Lucky News, Echo Effect and Niccobelle, just to name a few.
Kristen rides most of the horses in the stable on a regular basis, along with her group of experienced trackwork riders. The team mentality helps her find the best-suited rider and handler for each horse, whilst monitoring their progress and fast tracking their progression.
Buchanan Racing understand that no two horses are alike, and pride themselves on being a boutique stable that takes a “tailor made” approach to your horse’s individual exercise, feeding, handling and educational requirements.
Jason & Lucy Attard – A.K.A Racing
Jason fell in love with horses at an early age and made it his mission to become a horseman & breaker. At the tender age of 15, Jason joined the Ingham team at Belmont and quickly established himself as one of the top breakers. He then managed Sid Kelly’s small boutique stud and broke in his horses.
Lucy also showed enormous passion for horses at a very young age, spending her childhood and early teenage years show jumping, hunting, and competing in hunter trials. Spending 3 years with Chris Waller, she developed her skill set even further and gained valuable experience in all aspects of training, organising, communicating, and racing with the master trainer himself.
As Jason’s ability as a trainer developed, outside owners wanted him to train their horses. In 2015 Lucy and Jason formally joined forces and began their journey in training and running their own business. Jason’s ability to combine his hands-on skill set with the horses and great training finesse along with his wife Lucy’s talents, offers a formidable team.
Anderson Racing resides within the Eagle Farm infield stabling complex in Queensland, offering safe, spacious boxes for the horses, rooftop viewing platforms, high-end security, landscaped spaces for use by trainers, and owners, modern waste collection, and generous staff amenities.
Unlike a lot of trainers who were born into the racing industry from generations of family history, Chris Anderson didn’t take up training until well into his adult life. His late entrance into the training industry has given him the advantage of having no preconceived ideas or outdated family habits to shake, allowing him to focus on developing more modern, and effective training techniques.
Having grown from training one leased horse, right through to jointly operating the largest racing stable in Queensland, Chris in his own right has enjoyed enormous success as a trainer, and has been entrusted to train horses for the likes of owners such as Think Big Stud, Peter Tighe, Sir Patrick Hogan, Glenlogan Park, and Gooree Park Studs.
Marc Quinn Racing
Marc Quinn’s trade began under his father, the late Pat Quinn of Rosehill. Marc is very passionate about training and thrives on challenges. He prides himself on the transformation of many horses, bringing them back to winning form.
Marc’s natural ability saw him broaden his skills in Ireland, with world-renowned trainer, Dermot Weld. Returning to Australia, Marc worked with legendary trainers Peter Snowden and Wayne Hawkes of Crown Lodge fame.
Marc Quinn Racing has a hands-on approach, giving maximum attention and the highest level of care to all horses under his management.
Where will my horse spell?
Paringa Stud is in Gresford, NSW. Reggie and Beau Blundell own and operate this purpose-built thoroughbred farm in the Allyn Valley on the banks of the Paterson River. Paringa Park Stud specialises in spelling, agistment, stock handling and growing out.
Reggie spent 22 years working for and managing stud farms such as Torryburn and Vinery, and is utilising those skills to give the horses under her care the best treatment available.
How is the prize money distributed?
Prize money is distributed and paid directly by all relevant Racing Authorities as follows:
- Trainer 10%
- Jockey 5%
- Strapper 2%
- Owners 83%
Can we vote on the name of the horse?
Yes! All owners are able to nominate a name(s) for their horse. All collected names will then be voted on via a points system.
Please note, most tried horses are generally named before we buy them.
What’s included in the share price?
The share price includes costs that are incurred in the buying process. All costs are clearly outlined in the Product Disclosure Statement (PDS).
Most of the costs are as follows:
- Purchase price of the horse
- Bonus schemes for race series
- Sale day costs
- Floating (transport)
- Vet check
- Registration fees
- Breaking in
The PDS provides all associated costs.
How much are the fees and how are they invoiced?
Vardy Thoroughbreds charges a management fee of $40 per month per share.
Unlike other syndicators, we aim to issue only one invoice per month covering training fees, agistment, vet fees, etc.
On average, for a 5% share, the cost when your horse is in full training should average out at approximately $250 per month. When the horse is spelling, this monthly cost will reduce to approximately $125.
Fees and approximate costings are outlined in the PDS.
Will my name be in the racebook?
Racing NSW allows up to 20 owners (5% share) to have their name in the racebook and enjoy full race day facilities, including free entry, racebook, and entry to the members area. You also have access to the mounting yard for your nominated race!
Can I come and inspect the horse?
Yes, we encourage it! Our trainers are very accessible, however, we do encourage you to make contact with Vardy Thoroughbreds first so we can make the appropriate arrangements.
What happens to my horse when it finishes racing?
If your horse is a filly or mare, there is a good chance she can go on to be a broodmare.
If your horse is a colt or stallion and he has performed remarkably well on the track, once again there’s every chance he could go on to a career at stud.
If your horse is a gelding, he is more than likely to be re-homed and re-trained to have a career as an equestrian/show horse or a trail horse.