No monthly costsThere are NO monthly costs and NO other payment requests for the syndicate period.
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Cupboard Love and 2024 filly
Broodmare Syndicate
(OWNERS GROUP)
Details:
EIGHT-YEAR-OLD BAY MARE
STUD:
KIRTLINGTON STUD (OXFORDSHIRE)
Syndicate end date:
01 MARCH 2025
Buy a Share for £71 (inc. VAT)
Cupboard Love is an eight-year-old bay broodmare by Iffraaj, who retired from racing early in 2020. She has had three foals to date; a (now 2yo) colt by Territories and a (yearling) filly by Harry Angel. On 12 April 2024, Cupboard Love had a healthy filly foal by Perfect Power. Perfect Power was a speedy racehorse and won the Gr.1 Middle Park Stakes as a two-year-old and the Gr.1 Commonwealth Cup at Royal Ascot as a three-year-old. Cupboard Love is due to visit Kameko in 2024. Kameko was joint 2nd top-rated two-year-old colt in Europe, and as a three-year-old he won the 2,000 Guineas at Newmarket.
Cupboard Love won two races, over 6f and 7f, as a two-year-old for Mark Johnston before retiring to the paddocks as a four-year-old. Her dam has produced four winners from five runners and is a half-sister to the Gr.1 winner Pearl Of Love and dual Gr.3 winner Social Charter.
Kirtlington Stud is set in 345 acres of fabulous limestone brash, which is great ground for raising young horses. The stud was founded in 1939 at Park Farm, Kirtlington, where Derby winners Morston and Blakeney were bred by Arthur Budgett, father of current stud manager, Chris. Kirtlington Stud was purpose built by Chris in 1990 in the heart of Oxfordshire and its design is flawless, allowing the best possible care for mares and youngstock.
By purchasing a share in this syndicate, you will own a share in the broodmare Cupboard Love plus her 2024 filly foal by Perfect Power, plus any foal resulting from the 2024 Kameko covering, assuming you remain an owner at the time any foal is born.
Why buy into a breeding syndicate? Click here for more info.
This syndicate term lasts until 1 March 2025, 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 1,400 shares and each share costs £71 (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 usual '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 1,400 shares represents 100% of the ownership of the horse.
- The share price is £71. The full price breakdown is:
- The capital value of Cupboard Love and her 2024 filly foal is £25,000 which works out as £17.86 per share.
- The covering fee is £15,000 which works out as £10.71 per share.
- Our management and service provision fee is set at £13.00 per share.
- The all-inclusive keep/vetting cost is set at £16.18 per share.
- The cost for mortality insurance (covered for £25,000) is £0.53 per share.
- The racehorse rehabilitation contribution is £0.89 per share.
- The VAT is £11.83 per share.
- There will be nothing extra to pay for the syndicate period, no matter what costs are incurred.
Cupboard Love and 2024 filly Pedigree
Cupboard Love and 2024 filly2016 (6 March)Height: 16.0hh |
{ |
IFFRAAJ |
{ |
ZAFONIC (USA) |
{ |
GONE WEST (USA) |
ZAIZAFON (USA) |
PASTORALE |
{ |
NUREYEV (USA) |
PARK APPEAL |
SRI KANDI |
{ |
PIVOTAL |
{ |
POLAR FALCON (USA) |
FEARLESS REVIVAL |
AUNT PEARL (USA) |
{ |
SEATTLE SLEW (USA) |
MR P'S GIRL (USA) |
More information on heights
Racehorse Heights
The height of a racehorse is always a hot topic, with trainers, breeders and sales consignors often quick to make assumptions about scope and even ability based on how high a horse stands. A horse is measured in 'hands' (equivalent to four inches) from the ground to the top of the wither.
In general, Flat horses are smaller than Jumps horses, although as with humans, it's impossible to pigeon-hole horses to that extent. New Seeker, a very successful Flat horse for Elite Racing Club, was rejected by many top agents as a yearling as he was considered too big. Standing at almost 17hh, New Seeker proved most judges wrong and won twice at Royal Ascot as well as six other races. Conversely, Alan King trained the diminutive Katchit to win both the Triumph Hurdle and Champion Hurdle. Standing at 'barely 15.2hh', Katchit, would be considered by many to be too small for the Jumps game, but he was one of the most successful hurdlers of his era and had more guts than many of his bigger rivals. Top Notch, one of Nicky Henderson's most successful current inmates, was a very good hurdler and finished fifth in the 2016 Champion Hurdle. A few eyebrows were raised when Nicky sent Top Notch chasing the following season, but the 'tiny' son of Poliglote took to the bigger fences like a duck to water and landed the Grade 2 Oaksey Chase at Sandown in April.
Paul Nicholls is renowned for training top-class chasers and despite Big Buck's' prowess over hurdles, connections were always keen to send him over fences because of his size and scope. However, after a couple of failed attempts, including a high-profile unseating of Sam Thomas in the 2008 Hennessy Gold Cup, Paul decided to shelve the chasing route and stick to hurdles. To look at Big Buck's, he was the classic chaser, but it's possible that his large size (17.1hh) compromised his ability to be athletic over the larger obstacles.
All horses are different and it's wise not to make too many predictions about a horse's future capabilities based on its size, until a horse proves it themselves. It would not be unusual for a 15.2hh horse to have more scope than a 16.2hh horse once on the move. Natural athleticism might mean that a small horse covers more ground than a bigger horse despite that looking unlikely when simply stood up and 'judged'. It's a fascinating subject and as with many things with racehorses, there are seemingly no rules.
Heights of a few famous racehorses:
- ZENYATTA (dual Breeders Cup Classic winner) - 17.2hh
- SECRETARIAT (1973 Triple Crown winner) - 16.2hh
- HYPERION (Derby and St Leger winner) - 15.1hh
- RED RUM (three-time Grand National winner) - 16.2hh
- FRANKEL (ten-time Group 1 winner) - 16.1hh
- MILL REEF (Derby and Prix de L'Arc de Triomphe winner) - 15.2hh
What happens at the end of a syndicate term?
There really is no obligation at all after the initial one-off purchase!
All horses have a set syndicate term, which usually lasts for approximately 12 months, although this can vary.
Towards the end of the term, owners will receive a report from the trainer and the team, specifying the horse's prospects going forward and a recommendation on whether we believe the horse should continue into a further term, giving everyone the chance to renew for a further term.
The renewal price is very likely to be cheaper than the price paid to purchase the share(s) in the first instance, as owners will have already paid for their share of the capital of the horse. Therefore, the renewal price just includes the ongoing racing/training fees, management fees, insurance, VAT and the contribution towards the Horse Retirement Fund.
Owners are not obliged to renew their share(s) if they don't wish to, it's completely their choice. Once the syndicate term ends, any relinquished share(s) will automatically be released for sale and if those share(s) sell elsewhere, owners will receive the relevant share capital value of the horse, credited to their account.
If a low number of owners decide to renew their shares, the syndicate may be re-structured (see Terms and Conditions), or the horse may potentially be sold. If a horse is sold, the net sale price will be divided by the number of shares in the syndicate and all owners will receive their share of the net sale price to their account. If the syndicate does not continue into an extended period, any renewal payment for that new period, will be refunded.
Racehorse welfare is our top priority. If a horse has a setback in training or is deemed not to be fit enough to race for any reason, then the horse will rest until fit and ready. Our business also runs a not-for-profit organisation called Xracehorse Club, dedicated to the re-homing of retired racehorses. We are extremely passionate about the welfare of all of our horses, and will always endeavour to ensure that any horse retired from is given a loving home, when they retire from racing.
Why buy into a broodmare?
At first glance the offer to purchase a share in a broodmare may not appear to be as attractive as buying into a horse in training. However, that is not so.
The syndicate fee includes the cost of a nomination to a stallion, meaning owners of the broodmare will also become owners of any foal from this nomination.
Owners will receive weekly updates (and videos/photos), to follow the exciting journey of the broodmare that hopefully results in a healthy foal. The dream for all owners is to subsequently follow the foal's journey to hopefully seeing their first appearance on the racecourse. Having followed the foal throughout their life, this is a wonderful experience for owners.
Organised stud visits enable you to see your broodmare and her offspring at close quarters, adding further enjoyment to the entertaining prospect of becoming involved in bloodstock.
As well as the obvious attraction of buying into a bloodline and the associated benefits, there are two areas that can add a considerable amount of excitement and interest on a week-by-week basis.
Because the value of a broodmare can fluctuate in relation to the performances of her progeny on the racecourse, every race that one of her progeny takes part in, becomes a race of much interest to you. The higher the quantity of her progeny in training, the greater the prospect of all-year-round racecourse action for you to follow.
Even a win at the very lowest level of race will not harm the credentials of the broodmare. A win in a Group race would send her value soaring.
Another way that a broodmare's value can increase is if a close relation of the broodmare wins or is placed in a Pattern race (a Graded or Group race over Jumps or on the Flat, respectively) or a Listed race (for horses who are better than Class 2 handicap standard but are not quite Pattern race standard). For example, if a half-brother of the broodmare finished second in a Group 3 race, the family receive a 'black type' boost.
Note: 'black type' refers to the pedigree specified in an auction catalogue, whereby a Pattern/Listed race win/place of any horse in the pedigree, is in a bolded (blacker) typeface.
Buying into a broodmare must be for entertainment as opposed to investment. Even if your broodmare doesn't have any success with her progeny on the racecourse or even if her family doesn't acquire black type, a well-planned nomination to a suitable sire (future breeding) still offers all the excitement of how the resultant offspring might perform on the racecourse. Many of the best-bred broodmares in the world have failed to produce a future winner and, on the other hand, progeny at the lower end of the breeding spectrum have shone and become top quality racehorses.
The unknown qualities of the bloodstock game make it a superb entertainment.
The chosen stud for your broodmare is a key factor. Owners Group management will only choose studs with a known history of quality, care and professionalism.