We currently have 20 syndicates, all are sold out except our most recently launched syndicate: Cast In Grey. Shares are selling quickly so do get in touch if you’d like to be involved.
Cast In Grey is a very exciting purchase who will be trained by Graeme McPherson.
She’s a 5 year old by Fame and Glory out of a Presenting mare out of a Roselier mare. Her pedigree is solid. The dam (Derrinlanna) won a 2m 4f Wexford bumper and a handicap hurdle. The second dam was unraced but has bred 5 NH winners from 7 runners.
Although notionally Cast In Grey was trained by Declan Queally in Ireland, in reality she was trained by her owner Michael Ryan. He trains a couple of Point to Point horses and is yet to have a winner. He actually rode her himself in her Punchestown bumper.
Cast In Grey had two bumper runs in Ireland. She ran poorly at Punchestown on debut in December 2018 but she was found to be ill that day. After two months off she ran impressively to finish second in a Killarney bumper last month. That was a race for Lady riders and it’s fair to say she didn’t get much help from the saddle. The Racing Post Analysis was complimentary about her: ‘Cast In Grey was able to dictate at a fairly sedate pace. A well-bred mare, she could be the best of these down the line, and she should make into a nice jumper. She was game for pressure.’
She is a winter horse and Graeme plans to have her on the racecourse in September. Her first run will probably be in a national hunt flat race before she goes hurdling through the winter.
She cost £16,000. She had a reserve at the sales of £20,000 which she didn’t reach in the ring, so Graeme bought her privately straight after the sale.
There will be 20 shareholders in the syndicate. The total cost for the first season is capped at £2,150. Each shareholder is asked to pay £1,350 towards all training and racing costs until 31st May 2020 and the capital cost per share is £800.
Cost for 2019/20 season: £1,350 + £800 = £2,150
Cost for 2020/21 season: £1,350 (minus any surplus/prizemoney from previous season)
A Financial Statement will then be produced after 31st May 2020 showing all income and expenditure and any unspent funds plus prizemoney won will be due to the shareholders.