Partnership Details

Shares in the Harnessracingtoday Stable are being offered at the cost of $5,000 to $6,250 each.

An individual may purchase a single share from $5,000 to $6,250 with a maximum of five shares ($31,250) in any partnership.

Once our partnership begins we will claim or purchase or already have in our stable horses with a general price range of $7,500 – $10,000. Our plans are to race in the New York metro area at  Monticello Raceway, Saratoga Casino And Raceway, Pocono Downs, Tioga Downs and Yonkers Raceway and the Meadowlands Racetrack with appropriate racing stock.

There are usually no monthly expenses associated with your partnership after your initial investment since most horses in our stable cover their own monthly expenses.

In the rare case they don’t partners will incur minimal monthly expenses between one to three hundred dollars but never exceed more than four hundred dollars per month. Again this is extremely rare but must be noted, we do not race horses to lose money we race to make money. Horses typically race between three to four times per month.

The initial operating budget will be broken down as follows:

All purse money that is earned by race horses partnered with the Harnessracingtoday stable will be held in our business accounts to pay for our various training expenses including veterinarian, shipping, blacksmith and any other general horse care costs;

Partners of the Harnessracingtoday stable will pay no upfront fees to the managing partner. At the end of each month, partners of the Harnessracingtoday Stable will receive official monthly statements.
At the end of each month each partner will decide whether anticipated profits will remain in the business account to be used to expand the stable of horses, or be declared to be paid out to partners as a distribution or dividend.
The Managing Partner and the respective trainers of the stable will make all decisions regarding the selection and or sale of  all horses for the Harnessracingtoday stable. Members of the stable are always welcome to offer suggestions and supply input on prospective purchases and sales.

The managing partner will receive a 5 % commission on all horses sold or claimed at a price above their original purchase price. Thus, the managing partner will only earn money when the Harnessracingtoday stable is earning money.

To contact us about a partnership click here.