2025 Kingston Hill ex Wouldubewell filly
Racehorse Syndicate
(OWNERS GROUP)
Details:
YEARLING GREY FILLY
Syndicate end date:
01 OCTOBER 2028
Buy a Share for £52 (inc. VAT)
Two-year syndicate
The first foal out of Wouldubewell, by former St Leger winner Kingston Hill
The Kingston Hill ex Wouldubewell yearling filly has made excellent physical progress through the summer. She is due to begin her education shortly, but is unlikely to head into full training for another year or so. Owners will be invited to suggest names for this filly in due course, during the term of this two-year syndicate.
The Kingston Hill ex Wouldubewell filly is registered for the Great British Bonus (GBB) scheme, a racing industry scheme set up to incentivise and reward the breeding, buying and racing of British-bred fillies and mares. If this filly runs and wins in any qualifying GBB races during the syndicate term, as an owner, you may be eligible for a share of any GBB racing owner bonus received.
This yearling filly's sire, Kingston Hill, won the St Leger for Roger Varian. Kingston Hill has made a good start to his stallion career, producing a number of promising young Jumps horses.
This syndicate term lasts until 1 October 2028, 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 2,200 shares and each share costs £52 (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 50. There are no partners or others sharing this horse and therefore 2,200 shares represents 100% of the ownership of the horse.
- The share price is £52. The full price breakdown is:
- The capital value of the Kingston Hill ex Wouldubewell filly is £25,000 which works out as £11.36 per share.
- The fee to register for the Great British Bonus scheme is £1,000 which works out as £0.45 per share.
- Our management and service provision fee is set at £15.00 per share.
- The all-inclusive keep/racing/training/vetting cost is set at £12.85 per share.
- The cost for mortality insurance (covered for £25,000) is £0.67 per share.
- The racehorse rehabilitation contribution is £3.00 per share.
- The VAT is £8.67 per share.
- There will be nothing extra to pay for the syndicate period, no matter what costs are incurred.
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 2,200 shares, with a syndicate term period ending 1 October 2028.
There are no partners or others sharing this horse and therefore 2,200 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.
The capital value of the Kingston Hill ex Wouldubewell filly is £25,000, which works out at £11.36 per share.
The fee to register for the Great British Bonus scheme is £1,000 which works out as £0.45 per share.
The all-inclusive payment for entering and participating in races/training/keep/vet/farrier/etc throughout the syndicate period works out at £12.85 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 £1,484 (covered for £25,000), which works out at £0.67 per share.
Our combined management and service provision fee works out at £15.00 for each of the 2,200 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 set at £1.50 per share, per annum. Should any surplus funds arise, they will be retained for the sole purpose of racehorse rehabilitation.
The VAT for the Kingston Hill ex Wouldubewell filly syndicate works out at £8.67 per share.
To summarise (cost per share)
- Capital value - £11.36 per share.
- Great British Bonus registration fee - £0.45 per share.
- Management and service provision fee - £15.00 per share.
- All-inclusive racing/training/keep/vetting cost - £12.85 per share.
- Mortality insurance - £0.67 per share.
- Racehorse rehabilitation contribution - £3.00 per share.
- VAT - £8.67 per share.