Membership

Membership of the Club

Unlike many racing syndicates or clubs, you will not be just one of a large number of members who have virtually no part to play in the owning of a horse. Here the maximum number of Memberships available in the Club is 200, and the Club Manager is a shareholder thus ensuring his commitment to the success of the operation. The Membership Fee has been kept to a reasonable level but anyone wishing to acquire more than one membership share can do so. The club has been registered formally at the British Horseracing Authority and operates in accordance with the rules of racing.

Barry Root of the Thaxted-based bloodstock agency Algarve Bloodstock will manage the club’s affairs, with the club bank account being maintained at Weatherbys in England, and will report to members on a regular basis. He and his wife Joan are also owners and breeders of racehorses in France and England and the agency has sales offices at Newmarket, England and at Baden Baden, Germany and Deauville, France.

A copy of the rules of the club, pedigrees and photo of the horses is supplied to each member upon joining.

Financial Package

The Annual Membership Fee is £295, which is payable as a lump sum upon application, and covers all expenses up until 31 December. However for new applications received after 1st June each year, the reduced Membership Fee is £195. There is no limit to the number of membership fees you can purchase, subject to availability – so you can also purchase for other members of the family or friends. 

      

Prize money won by the club will be distributed between members as a dividend at the end of the financial year. Club members are not owners of the horse(s) unless a full Ownership Share is purchased, so there is no entitlement to a share of the proceeds of the eventual sale of the horse(s). However, anyone wishing to purchase a full Ownership Share of the horse(s) can do so by paying the appropriate share of the capital value of the horse(s), details of which are shown on the Ownership Share page. A limit of 50% is available in Ownership Shares.

Contact with Members

Members are issued with Newsletters at regular intervals giving information about the progress of the horses and racing plans etc. 

Contact is made with members by email, telephone or fax during the year especially when details of races entered, runners, results etc. are issued. Badges for entry to racecourses when our horses race are provided either free of charge when circumstances permit, or at a discounted price, as appropriate.

If any further information is required please contact Barry Root on 01371 831769.

pdf icon Download the membership application form here