Stonehaven is a striking chesnut yearling colt. He is by Starspangledbanner, one of Coolmore Stud's most successful sires. This year alone, Gstaad and Precise have represented him in some of the best juvenile races, and are two of the highest rated colts and fillies in Europe. Starspangledbanner himself was a top-class racehorse in Australia, before taking the European sprint division by storm when winning the Golden Jubilee Stakes at Royal Ascot and the July Cup as a three-year-old. Stonehaven is out of Harmonica, a Listed-placed winner of two races. She is a half-sister to the top-class Tiffany, who has twice been placed at Group 1 level and won a Group 3 and a Group 2. Harmonica is from the family of sprinting sensation Marsha, and five-time Group 1 winner, Soviet Song. Stonehaven was bred by Elite Racing Club.
Stonehaven is a strong colt who will hopefully run as a two-year-old.
Stonehaven is to be trained by Julie Camacho in Malton, North Yorkshire. Julie has enjoyed a hugely successful career, with the highlight being her training of Shaquille, who won two Group 1 races as a three-year-old and is due to have his first runners as a sire in 2027. Julie also oversaw the career of one of the most consistent and successful sprinters in recent years in the form of Judicial. Judicial won a remarkable 18 races, including the Group 3 Charge at Sandown. Judicial, being a half-brother to Marsha, is also from the same family as Stonehaven. This colt's dam, Harmonica, was also bred at Star Cottage, where Julie trains.
Julie has trained a number of winners for Owners Group over the past few seasons, including Brummell (6 wins) and Proclaimer (8 wins). She has also rejuvenated the likes of First Folio and Alpine Girl, who have also both won since moving to Star Cottage from Newmarket.
This syndicate term lasts until 1 October 2026, with no commitment to continue at the end of the syndicate period. Please click here for full details of the end of term process.
This syndicate is divided into 3,500 shares and each share costs £53 (including VAT). View price transparency. There will be nothing extra to pay, no matter what costs are incurred during the syndicate period. The syndicate is subject to the Owners Group terms and conditions. The current maximum number of shares that can be purchased by one person is 10. There are no partners or others sharing this horse and therefore 3,500 shares represents 100% of the ownership of the horse.
- The share price is £53. The full price breakdown is:
- The attributed capital value of the horse was £75,000 which divided by the 3,500 shares works out at £21.43 per share.
- The pre-purchase vetting cost is set at £500.00 which works out at £0.14 per share.
- Our management and service provision fee is set at £13.00 per share.
- The all-inclusive racing/training/keep/vetting cost for the syndicate period (ending 1 October 2026) is £8.25 per share.
- The cost for mortality insurance (covered for £75,000) is £0.64 per share.
- The racehorse rehabilitation contribution is £0.71 per share.
- The VAT is £8.83 per share.
- There will be nothing extra to pay, no matter what costs are incurred during the syndicate period.
Given the large sums of money generated by the sale of one syndicated horse, it is important that owners understand how the price of each share is broken down. In addition, we openly publish the full terms and conditions governing each purchase, in plain language, on our public website pages. Each Owners Group share is genuine racehorse ownership and not a cleverly disguised leasing arrangement or similar, where you don't own any part of the horse.
We have divided this syndicate into 3,500 shares, with a syndicate term period ending 1 October 2026.
There are no partners or others sharing this horse and therefore 3,500 shares represent 100% of the ownership of the horse and 100% of race prize money received from Weatherbys is divided equally with no deductions other than those referenced in term xlix.
We purchased Stonehaven outright from the previous owner (our sister company Elite Racing Club), for the sum of £75,000. This works out at £21.43 per share.
Horse purchase commission (for example, payable to a bloodstock agent or auction house), is applicable in many cases. The commission cost for this horse was £0.
There was no transport cost for this horse.
All of our new horses are subject to a veterinary inspection prior to purchase, as we are required by law to take steps to satisfy ourselves that the horse is 'fit for purpose' (deemed suitable for training), in compliance with the Digital Markets Consumer and Competition Act 2024. The pre-purchase vetting cost for this horse was estimated to be £500, which works out at £0.14 per share.
Where applicable, customs/import fees are payable. The cost for this horse was £0.
The all-inclusive payment for entering and participating in races/training/keep/vet/farrier/etc throughout the syndicate period works out at £8.25 per share for this horse and is not contingent upon any other costs arising. Therefore, where the actual costs incurred are greater than the amount charged, the company stands the difference and where less, the company retains the difference. This policy means that we don't have to add any additional contingency fees and gives our customers peace of mind that there will be no additional costs.
The cost of mortality insurance for this horse is £2,226.00 (covered for £75,000), which works out at £0.64 per share.
Our combined management and service provision fee works out at £13.00 for each of the 3,500 shares. This fee includes, but is not limited to, our administrative costs, staffing (the company has 40 members of staff), video production, race footage payments to Racing TV and Sky Sports Racing, monthly magazine production, postage and packing (if applicable), prize money distribution, information technology, VAT refund administration.
Once a racehorse retires from racing, and the syndicate period ends, the responsibility for all costs arising (which can continue for several years) passes to the company but is helped by the pooled 'racehorse rehabilitation contribution' which is currently set at £2,500 per horse, per annum, which works out at £0.71 per share. Should any surplus funds arise, they will be retained for the sole purpose of racehorse rehabilitation.
As a commercial syndicate, our business is required by law to pass 20% (the current rate of VAT) of the sum you pay for a share, to HMRC. VAT legislation cannot be avoided and rather than conceal this sum to gain a trading advantage by making it appear that you are not paying VAT, it is transparently and legally specified in our price breakdown. However, because Owners Group is real racehorse ownership, we can submit a reclaim for this sum from HMRC on your behalf (if owners provide their National Insurance number), via the VAT Registration Scheme for Racehorse Owners (see Terms & Conditions). Therefore, for example, if you pay £60 for a share and HMRC successfully refunds the VAT of £10, it means that the share would cost you only £50. We make no deductions from the 20% refund, as it is part of our service provision.
The VAT for the Stonehaven syndicate works out at £8.83 per share.
To summarise (cost per share)
- Purchase cost of the horse - £21.43 per share.
- Pre-purchase vetting cost - £0.13 per share.
- Management and service provision fee - £13.00 per share.
- All-inclusive racing/training/keep/vetting cost - £8.25 per share.
- Mortality insurance - £0.64 per share.
- Racehorse rehabilitation contribution - £0.71 per share.
- VAT - £8.83 per share.