Farouk De Cheneau
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.

Farouk De Cheneau

Racehorse Syndicate

(OWNERS GROUP)

  • Details: SIX-YEAR-OLD BAY GELDING (JUMPS)
  • TRAINER: NICKY HENDERSON (BERKSHIRE)
  • Pedigree: Day Flight ex Kardamone (FR)
  • Syndicate end date: 01 JANUARY 2022
Buy a Share for £28 (inc. VAT)

Farouk De Cheneau is a good looking six-year-old gelding. He has had just one run in Owners Group colours, having won over hurdles in France for his previous connections. Despite not running as well as expected at Kempton last March, Farouk De Cheneau travelled and jumped well for a long way before tiring and showing signs of a breathing issue. Farouk De Cheneau subsequently underwent a breathing operation, but shortly afterwards was found to have suffered a tendon injury. His rehabilitation has gone well so far, but he is not expected to return to the track until this summer, all being well.

Farouk De Cheneau is by Day Flight, who has produced a number of good Jumps horses, including multiple graded-winner, A Toi Phil. His dam (Kardamone) has produced multiple winners over Jumps and is a daughter of Network, who is a highly influential broodmare sire and has produced the likes of Sprinter Sacre, Saint Are and recent Galway Plate winner, Borice. Farouk De Cheneau's height is 16.0hh.

Farouk De Cheneau is trained by the current champion Jumps trainer, Nicky Henderson, from his historic Seven Barrows yard in Lambourn, Berkshire. Nicky's consistency as one of the top Jumps trainers of the last forty years is remarkable, and he has enjoyed tremendous success with the likes of See You Then, Long Run, Sprinter Sacre, Bobs Worth, Binocular and Altior. Nicky also trained Owners Group's Pentland Hills to win the Grade 1 Triumph Hurdle at the 2019 Cheltenham Festival.

This syndicate term lasts until 1 January 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 4,000 shares and each share costs £28 (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.

  • The share price is £28. The full price breakdown is:
  • The capital value of Farouk De Cheneau is £7,500, which works out as £1.87 per share.
  • Our management and service provision fee is set at £13.29 per share.
  • The all-inclusive racing/training cost is set at £7.81 per share.
  • The cost for mortality insurance is £0.20 per share.
  • The Racehorse Rehabilitation contribution is £0.16 per share.
  • The VAT is £4.67 per share.
  • There will be nothing extra to pay for the syndicate period, no matter what costs are incurred.

Farouk De Cheneau Pedigree

Farouk De Cheneau2015 (12 February) { DAY FLIGHT { SADLER'S WELLS (USA) { NORTHERN DANCER (CAN)
FAIRY BRIDGE (USA)
BONASH { RAINBOW QUEST (USA)
SKY LOVE (USA)
KARDAMONE (FR) { NETWORK (GER) { MONSUN (GER)
NOTE (GER)
ESCOTSIA (FR) { BIG JOHN (FR)
LISAALYA (FR)
Buy a Share in Farouk De Cheneau for £28 (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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