Covert Mission View a video of Covert Mission
No monthly costsThere are NO monthly costs and NO other payment requests for the syndicate period.
GREAT GIFT IDEA! We can either post the welcome pack to the purchaser, or directly to the recipient.

Covert Mission

Racehorse Syndicate

(OWNERS GROUP)

Details:
THREE-YEAR-OLD BAY GELDING (FLAT)
TRAINER:
KEVIN PHILIPPART DE FOY (NEWMARKET)
Syndicate end date:
01 AUGUST 2022
Buy a Share for £49 (inc. VAT)

Covert Mission is a very good-looking three-year-old gelding. This son of Lope De Vega showed good form for his previous trainer, James Ferguson, before being bought by Owners Group recently.

Covert Mission has size and scope, and it is hoped that he has plenty of untapped potential. Covert Mission is a well-bred gelding, and is a full-brother to Surf Dancer, who has won three races to date, including a Listed race at York last summer. He is out of a Listed-winning mare and is from the family of 1,000 Guineas heroine, Miss France.

Covert Mission is to be trained by Kevin Philippart de Foy, who has made an extraordinary start to his training career, having only taken out his license at the end of last year. Kevin, who is originally from Belgium, has learnt his trade with some of the biggest names in racing. He spent time with John Oxx in Ireland and was involved in the career of the great Sea The Stars. He then headed to France to join the legendary Criquette Head (Treve), before settling in Newmarket, where he worked for multiple Group One winning trainer James Fanshawe for five years. Kevin's yard is positioned at the foot of Warren Hill in Newmarket and boasts first-class facilities.

Kevin is currently aiming to prepare Covert Mission for an autumn campaign, and he also hopes to be able to run him through the winter on the all-weather.

Kevin Philippart de Foy

"I am delighted to have been asked to train for Owners Group. Covert Mission looks like a nice gelding and I look forward to seeing what we can achieve with him." Kevin Philippart de Foy

This syndicate term lasts until 1 August 2022, 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 2,500 shares and each share costs £49 (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.

  • The share price is £49. The full price breakdown is:
  • The capital cost of Covert Mission is £37,800, which works out as £15.12 per share.
  • The vetting cost allowance is set at £440, which works out as £0.18 per share.
  • The transport cost allowance is set at £500, which works out as £0.20 per share.
  • Our management and service provision fee is set at £13.88 per share.
  • The all-inclusive racing/training cost is set at £10.80 per share.
  • The cost for mortality insurance is £0.45 per share.
  • The Racehorse Rehabilitation contribution is £0.20 per share.
  • The VAT is £8.17 per share.
  • There will be nothing extra to pay, no matter what costs are incurred during the syndicate period.

Covert Mission Pedigree

Covert Mission2018 (22 February)Height: 16.0hh { LOPE DE VEGA (IRE) { SHAMARDAL (USA) { GIANT'S CAUSEWAY (USA)
HELSINKI
LADY VETTORI { VETTORI (IRE)
LADY GOLCONDA (FR)
BEACH BELLE { INVINCIBLE SPIRIT (IRE) { GREEN DESERT (USA)
RAFHA
BEACH BUNNY (IRE) { HIGH CHAPARRAL (IRE)
MISS HAWAI (FR)
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
Buy a Share in Covert Mission for £49 (inc. VAT)
No monthly costsThere are NO monthly costs and there will be NO other requests for payment during the syndicate period.
GREAT GIFT IDEA! We can either post the welcome pack to the purchaser, or directly to the recipient.

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.

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