Our aim is to run syndicates that fully engage with our members, are transparent and fun.
With prize money meagre in the UK, it is very hard to make racing pay. A very small percentage of owners cover their costs, let alone make a profit! We negate the risk by collectively bringing owners together to share in the cost of racehorse ownership.
However, this does not mean that nil net costs or making a profit cannot be achieved. Our aim is to target the best horses that can help us to achieve this goal. Along with a slice of lady luck, we hope we can keep costs to a minimum or return a profit to our members.
You will see the word “transparency” pop up on the website a fair bit. This is very important to us.
We advise every member of all costs including our management fee, purchase fee (if applicable) and any percentage of sale proceeds we may take.
We do not make any deductions on prize money, that goes,100%, back to members* As does VAT which we include in the share purchase price and monthly fees. Vat will be net to members.
Please bear the above in mind when choosing a syndicate. Ensure you know exactly what it will cost and what your fees include. Our contract makes all of this clear.
We want to retain our owners!
*Some contracts may differ. This will be clearly stated in the contract.
Crest Racing
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