Find answers to the most common member queries by browsing our frequently asked questions below.
Why join an Opulence Thoroughbreds syndicate versus sole ownership?
Opulence Thoroughbreds offers the opportunity to enjoy the perks of owning a champion level racehorse without the risk, associated costs and administration of having to buy a whole horse yourself.
Who trains our horses?
We currently have horses with Gordon Elliott, Roger Varian, Stuart Williams & Evan Williams.
How many shares are available in each horse?
This varies but usually between 3 and 5 share owners per horse.
What is included in the cost of the share?
The price covers all expenses including the purchase and training of the horses. This includes vet bills, entry fees, jockey fees and transport. A smaller sum, which is stated on the syndicate agreement, is due in the second year for training fees.
How long do the syndicates run?
The duration of each syndicate is clearly stated in the agreement but generally lasts for a minimum of two seasons. The horses may be sold at any time throughout the duration of the syndicate and any attractive offer is always carefully considered.
How long do flat horses' race?
Typically our flat horses are sold at the end of their three-year-old season. The duration of each syndicate is clearly stated in the syndicate agreement.
Can owners see their horses being trained?
Yes. We hold regular 'champagne breakfast' stable visits to our stables in Newmarket, Wales and Ireland.
How do I know when my horse is running?
We ensure that owners are updated with regular progress reports including videos, photos and written updates. We streamline communication, administration and regulation in to one digital hub, bringing owners closer to the action than ever before.
How is prize money and sales proceeds distributed?
Prize money, stud fees and re sale profits are distributed through Weatherbys bank in accordance to Opulence Thoroughbreds legislations.
Can I sell my share?
We may be in a position to purchase your share from you, it very much depends on the situation at the time. If you have found an owner for your share, it's just a case of sending us their details.
How is Opulence Thoroughbreds remunerated?
We charge a management fee, stated on our syndicate agreements and 10% of the sales proceeds should the sale of the horse exceed the figure of the purchase price.