BLOODLINES HORSE RACING PARTNERSHIPS

Pennsylvania Racehorse Partnership - Finances

 Name  Unnamed
 Sire  Jump Start
 Dam  Street Singer
 Sex  Colt
 Born  3/1/2015

Ownership of our racehorses is based on what percentage each partner decides to purchase. For the current Pennsylvania Partnership each 1% of ownership costs a One Time Payment of $1,500. No additional payment will ever be necessary. The minimum purchase is 1%.

Return on Investment: You will receive a proportional amount of money as your percentage ownership from the net profits generated for the owners by our racehorse. This would include money from purses won, owner's bonuses from state bred programs, owner's bonuses from any source, and money from a sale or claim –any and all money generated for the owners by our racehorse. 1% ownership equals a 1% return. All very straightforward. Net profits are calculated like this: Once money generated by our racehorse exceeds the costs of maintenance, this money will be called net profits. For this calculation, costs will not begin until our racehorse makes its first start in a race as a two year old, or beginning on January 1st of its three year old year. We begin calculating maintenance costs on whichever of these occurs first. Costs will be cumulative beginning then. All costs leading up to this time are not counted.

One-time cost for 1% ownership
$1,500
One-time cost for 2% ownership
3,000
One-time cost for 3% ownership
4,500
One-time cost for 4% ownership
6,000
One-time cost for 5% ownership
7,500
One-time cost for 10% ownership
15,000

 

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