Sandalwood View a video of Sandalwood
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.

Sandalwood

Racehorse Syndicate

(OWNERS GROUP)

Buy a Share for £59 (inc. VAT)

Sandalwood is a very good looking three-year-old gelding. This son of Martaline is from an excellent Jumps family, which includes the Grade 1 winners Sunny Flight (FR) and Golden Flight (FR).

Sandalwood has the size and scope to make up into a promising chaser in time, but he is likely to start off in bumpers (Flat races for Jumps horses) before going hurdling. His sire, Martaline, has produced some excellent jumpers, including dual Grade 1 winner Dynaste, and high-class hurdler Agrapart.

Sandalwood is to be trained by Paul Nicholls from his base in Ditcheat, Somerset. Paul has lifted the Jumps Trainers' Championship on eleven occasions, and has enjoyed numerous big race successes for Owners Group.

Paul Nicholls

"Sandalwood is potentially a very smart recruit. He has done everything very easily so far, and has made a very positive impression on everyone at Ditcheat. I hope he might be ready for a run in a bumper in the spring [2021], but he looks like a very nice long-term prospect." Paul Nicholls

This syndicate term lasts until 1 September 2021, 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 £59 (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 £59. The full price breakdown is:
  • The capital cost of Sandalwood including commission, transport and vetting, is £105,500, which works out as £26.38 per share.
  • The 5% capital risk is £1.32 per share.
  • Our current management and service provision fee is set at £11.66 per share.
  • The all-inclusive racing/training cost is set at £7.50 per share.
  • The cost for mortality insurance is £2.18 per share.
  • The Racehorse Rehabilitation contribution is £0.13 per share.
  • The VAT is £9.83 per share.
  • There will be nothing extra to pay, no matter what costs are incurred during the syndicate period.

Sandalwood Pedigree

Sandalwood2017 { MARTALINE { LINAMIX (FR) { MENDEZ (FR)
LUNADIX (FR)
CORALINE { SADLER'S WELLS (USA)
BAHAMIAN (IRE)
BALLI FLIGHT (FR) { BALLINGARRY (IRE) { SADLER'S WELLS (USA)
FLAMENCO WAVE (USA)
SUNDAY FLIGHT (FR) { JOHNNY O'DAY (USA)
KARMYN FLIGHT (FR)
Buy a Share in Sandalwood for £59 (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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