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Micro Ownership FAQS

Tuesday, 23 Apr 2024
Micro Ownership FAQS

Welcome to Your Dream of Horse Racing Ownership!

 

Experience the Golden Era of Racing

 

NO MONTHLY PAYMENTS

Enjoy the thrill of horse racing ownership without the worry of ongoing costs. One payment covers everything, letting you focus on the excitement, not the expenses.

 

ALL-IN COST INCLUDED

Your initial share purchase includes all training, care, and racing expenses. No surprises, just pure enjoyment.

 

GET INSIGHTS INTO YOUR HORSE

Stay connected with regular updates, detailed reports, and exclusive insights into your horse’s progress and wellbeing.

 

EXPERIENCE A RACEDAY AS AN OWNER

Step into the exclusive shoes of an owner on racedays. Enjoy special access, owner’s privileges, and immerse yourself in the heart-pounding action. Updates are frequent and beyond the thrill of the race, you'll enjoy exclusive events where you can meet and hear from industry experts, connect with fellow owners, and, most importantly, cheer on your horse as it competes.

 

FAIR MICRO-SHARE PRICING

Invest in your passion for racing with micro-shares that make ownership affordable and enjoyable. Buy just the amount that suits your budget.

 

NO EXORBITANT MARKUPS

We believe in transparency and fairness, ensuring you get value for your investment without hidden fees or excessive costs.

 

ENJOY RACING HIGH-CLASS PROSPECTS

Race with high-class prospects and feel the adrenaline of competition. Our selected horses are poised for success and purchased from the premier sales, offering you a thrilling ownership experience.

 

BUY AS MANY OR AS LITTLE SHARES AS YOU WANT

Flexibility to increase your investment or diversify your portfolio by purchasing multiple shares, or keep it simple with just one.

 

EARN PRIZEMONEY AND ANY SALES PROCEEDS

Your shares entitle you to a proportional share of all prize money and sales proceeds. The more successful your horse, the greater your return.

 

YOUR ENTRY POINT TO HORSE OWNERSHIP

Always wanted to own a share in a racehorse and experience being an owner? This is your opportunity to step into the glamorous world of horse racing.



MICRO FAQS

What is a microshare?

A microshare in a racehorse refers to a small percentage ownership of a racehorse, which allows multiple people to buy into the ownership at an affordable cost. This model divides the horse's ownership into many small shares, making it financially accessible for individuals to enjoy the benefits of racehorse ownership without the full financial commitment usually required. Owners of a microshare can experience earning potential from prizemoney and sales revenue, participate in exclusive race day events, and receive regular updates about their horse's training and racing progress. It's a cost-effective way to engage in the exciting world of horse racing and enjoy the perks of being a racehorse owner.

What does the upfront payment cover?

The one upfront payment covers the following expenses, which means there is no requirement for scheduled repayments in your micro-share ownership:

  • Horse Purchase and Sales Costs
  • Insurance
  • Karaka Millions Entry and Pearl Series if applicable
  • Ongoing Training Costs
  • Management
  • Initial Setup (Breaking in, Accounting, etc.)

What if I just want the traditional share?

If you prefer the traditional share option, you can invest in a larger, singular ownership stake in a racehorse. This traditional share provides you with a greater percentage of ownership compared to microshares and typically comes with enhanced benefits and responsibilities, including priority ticketing on race days and stable visits. You would pay ongoing training and management fees monthly. Additionally, you will enjoy a larger portion of any potential prizemoney and sales revenue generated by the horse. This option is ideal for those looking for deeper involvement and potentially greater financial returns from their investment in horse racing.

Can I visit my horse?

Inspire Racing micro-share owners are unable to visit the stables without approval from Inspire Racing.

  • Inspire Racing organizes Stable Tours at various times of the year, where we can take a large group of owners through the stable, but we can’t approve individual requests for micro-share holders due to the large volume. For traditional shareholders, individual visits can be arranged. The stables are very busy, and they can become overwhelmed when many micro-share owners ask for a visit. We like to ensure we provide a positive experience for both owners and the stables and therefore host formal stable tours and visits.

Who do I contact to talk about my horse?

Send us an email at racing@inspireracing.co.nz, and we will endeavor to respond within 24 hours.

Do I get owner's tickets?

Many race clubs readily provide owners with tickets for our horses on most race days. However, for high-profile events such as the Karaka Millions and Wellington Cup Day, ticket availability may be limited due to increased demand. In such instances, we implement a ballot system to distribute tickets fairly. Each share you own grants you an entry into the ballot, so owning more shares increases your chances of securing tickets for these iconic race days.

What benefits do I get?

With Inspire Racing, you don't just own a part of a horse—you embark on an exciting journey from paddock to track. You'll receive top-notch updates from trainers, breeders, and form analysts, giving you an insider's view on your horse's progress and well-being. Enjoy access to owners' areas on race days. Beyond the thrill of the race, you'll enjoy exclusive events where you can meet and hear from industry experts, connect with fellow owners, and, most importantly, cheer on your horse as it competes. Plus, as a valued part of our ownership community, you're entitled to a proportionate share of any prize money and proceeds from the sale of your horse.

How often will I get updates?

The frequency of updates about your horse will vary depending on the stage of its preparation and the specific trainer overseeing its development. Generally, you can expect to receive updates on a weekly basis when your horse is actively racing. During the pre-training phase, updates will typically be provided every two weeks. When your horse is spelling (resting), updates will occur monthly or as otherwise communicated. This schedule ensures that you stay informed and connected to your horse's progress throughout the different phases of its training and racing career.

What happens if my horse is sold?

As a valued part of our ownership community, you're entitled to a proportionate share of any prize money and proceeds from the sale of your horse.

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