Only 7.5% Lease Share Remaining
CLANBROOKE RACING is delighted to present to you a Rising 2YO Filly by the Outstanding Racehorse ZOUSAIN who is by the Brilliant Racehorse/Sire ZOUSTAR – ZOUSTAR is now Australia’s pre-eminent Sire and this year will stand at stud for a massive Service fee of $275,000.
Have a Look at the maturity in this filly, note her strong hindquarter and shoulder along with a good girth and mature head.
PLEASE NOTE.....The Full Sister To this filly was sold last year at the Gold Coast Magic Millions and was purchased for $230,000 by Mitch Freedman. This is a real indication of the True Purchase Value of this filly that we are now Syndicating. That horse is broken-in, is educated and quietly impressing the Freedman Stable.
Conditions of this Lease that have been negotiated with the owners:
COSTINGS
Shares will be available in 10%, 5% and 2.5% Lots
The 10% Ingoing Fee will be $995.00
The 5% Ingoing Fee will be $750.00
The 2.5% Ingoing Fee will be $490.00 ( note .... Only 20 names can go in the racebook, therefore 2.5% shareholders may have to be placed in a Syndicate, still having the same Ownership Rights )
Your Ingoing Fee covers costs to June 30 and includes Agistment, Vet fees, Statutory Syndication Registration fees, RVL and Racing Australia fees, Race Colours, Floating to Cranboune, Clanbrooke Inspections etc.
From July 1, Alderson Racing will invoice all owners direct.
What is a Lease?
Leases have been around forever in racing. You would be surprised how many people don't actually own a share outright but they lease it off a breeder, stud or an owner who cant afford to race it on their own.
A lot of studs lease out a Horse ( particularly a filly ) as they want to breed from it later on when the career might be over. So by Leasing the horse out, they are investing in her future.
Leasing a horse is like renting it, except that you Do Not Pay the Owner Rent. You pay the Training Fees and, therefore, the right to Race the horse.
Instead, he /she ( the Owner ) relies on the horse winning good prizemoney and they get a percentage of that Prizemoney.
If they don't win Prizemoney, the owner gets nothing.
For many years, a Lease was a 66 & 2/3rds of Prizemoney going to the Lessor and 33.3 % going to the owner. However, this has changed over the years. It went to 75/25 and in the last couple of years we, and others, have been successful in negotiating an 80/20 Lease.
Example: So if you took a 5% Lease share, 1% of all your Prizemoney goes back to the owner. After all that owner bred the horse, and paid up on all fees til now so they rely on the horse winning Prizemoney to get something back.
Another positive thing about Leasing is that if the horse is not good and does not possess the motor we hoped it would have, we can simply vote as a group to get out of the Lease and return the horse to the owner. We can cut our losses fairly quickly in a Lease if we are not happy as a group.
Please Contact Chris Dickinson on 0419 176992 or Email Chris dixonc35@hotmail.com
92.5% already taken. Video and further paperwork will be provided.