GET IN THE GAME
You’ve watched horse racing both on television or at your local racetrack. The thrill of cheering on the horse you’ve wagered on is a rush. It’s hard to imagine any bigger thrill than when the horse you bet blazes past the finish line first. That is unless you actually owned the horse.
Owning a racehorse does not have to be a difficult or expensive experience. Many horse racing enthusiasts like to test the waters as an owner by joining a managed ownership group or partnership. Participating in an ownership group at Canterbury Park is one of the easiest, and most enjoyable, experiences for even the most novice of owners.
Why Participate in Managed Groups/Partnerships?
Participating in a managed ownership group gives you access to heart-pounding thrill, the joy of winning, and the connection with your horse for a fraction of the cost of owning your own racehorse. You don’t have to be a millionaire to own a racehorse when you are part of a managed group, but that doesn’t mean you can’t feel like one.
Minnesotans work hard for their money, and we understand that being a part of the “Sport of Kings” can be intimidating, but the Minnesota Racehorse Engagement Project (MNREP) is here to alleviate any concerns to make this a comfortable, fun, and educational endeavor.
The managed ownership groups racing at Canterbury Park are all passionate about horse racing and are open and welcoming to any interested enthusiast. The groups purchase horses that will reflect partners’ investment goals and will share their knowledge of the horse racing industry as well as the horse.
Joining a managed ownership group is a smart, affordable and easy way for anyone interested in horses and horse racing to enjoy all the excitement of being an owner without breaking the bank.
Finding the Right Group for You
Stepping into any investment or purchase can make anyone nervous, and racehorse ownership, no matter how big of a percentage you have, can be a big step.
It’s important to take the time to do your research on existing partnerships that race at Canterbury Park. MNREP is here to help make the decision easier. Don’t be afraid to reach out to MNREP with any questions.
Learn more about racehorse ownership by joining our e-mail list or following us on social media. You can also contact MNREP directly firstname.lastname@example.org or call us @ 952-930-9300 with any questions, and we’ll do our best to assist you in living your dream of owning your very own Thoroughbred racehorse.
Below are some considerations you should consider when it comes to choosing the best fit for your foray into a racehorse ownership partnership:
- What are your expectations? Financially, socially, experiential.
- What is the mission of the ownership group?
- How does the managing partner of the group plan to achieve those goals?
- What is the initial cost to join this particular group?
- Are there maintenance fees? Monthly fees?
- How is information communicated amongst partners?
- What will happen with the horse and/or the ownership group at the end of the race meet at Canterbury Park?
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