Why and How-to start a stallion partnership

[Avila Acres]

I'm hoping for some assistance from all you experienced stallion breeders out there. I have some people who would like to get involved in some kind of partnership/syndicate with my stallion. I'm a little hesistant because 1) I'm a control freak and don't like to relinquish control of anything; 2) These people know nothing about horse racing but are intrigued and have some mad money to invest ;3) 2008 will be my stallion's first year at stud so there's no breeding history to go by

I don't know much about syndicates/partnerships because as I said I tend to go things alone and generally like it that way, but I don't want to dismiss the idea right off the bat. Any insight/advice would be very much appreciated.

[GreenThumb]

Hi,

www.bcbloodstock.com should be able to assist you.
this is one of the things those guys do

[Avila Acres]

Hi,

www.bcbloodstock.com should be able to assist you.
this is one of the things those guys do

Thanks for the tip. And thanks to the people who PM'd me.

[bcassidy]

I have been on vacation for the last two weeks so I am just seeing your post for the first time today.
Having investors in your stallion is by no means a lose control proposition, unless you sell more than 50% of the stallion you can always maintain control. As I have stated on this forum in some other posts (you may be able to look up), most stallion syndicates are formed on a 40 share basis so you could sell up to 19 shares and still have complete control. From what little I know about your situation, I would sell some shares in your stallion and then invest that money in mares that suit your stallion well, or offer the investors a percentage ownership in your stallion if they would buy, foal and race--say 6 quality mares to breed to your stallion for 3 years. Everyone will be better off in the long run with an approach like this.