BRC puts racehorse ownership on the table for young members   Leave a comment

BRC putss racehorse ownership on the table for young members

Sydnicator Grant Morgan says the racing industry needs to start appreciating the fact own

Sydnicator Grant Morgan says the racing industry needs to start appreciating the fact ownership is becoming diluted, with larger number of people in horses now. Picture: Jono Searle Source: News Corp Australia

THE Brisbane Racing Club’s Young Members are hoping lightning strikes twice and syndicator Grant Morgan can pick them another Brazen Beau as they dip their toes in the ownership waters for the first time.

In an initiative instigated by the BRC Young Members Committee (for members under 30 years old), Morgan was enlisted to buy a horse from the recent Magic Millions March Sale, with a view to it being offered to young members wishing to experience racehorse ownership.

Sydnicator Grant Morgan with superstar sprinter Brazen Beau. Picture: Jono Searle

Sydnicator Grant Morgan with superstar sprinter Brazen Beau. Picture: Jono Searle Source: News Corp Australia

Morgan gave $70,000 — precisely the same amount he did for Royal Ascot bound dual Group 1 winner Brazen Beau — for a Zoffany colt, who was paraded before the members on Sunday and is eligible for the rich QTIS scheme and also BOBS if he races in New South Wales.

“Our syndicates are full of people from all different walks of life and I think this is a very good concept,” Morgan said.

“I’ve never been approached by a club to do anything like this before. I think it’s refreshing and we’re really keen to make it work.”

John Thompson and his brother Glen will train the horse out of Eagle Farm.

The BRC’s Matt Rafton said this was a concept that had been two years in the making and the syndicate will have its own racing colours and a competition will be run to name the horse.

Morgan said the racing industry needed to start appreciating the fact ownership was becoming diluted, with larger number of people in horses now.

“Race clubs are warming to the idea of accommodating big groups like this now,” he said.

“We have 38 people in Brazen Beau and the person who owns a strand in his tail is having just as much fun as the guy who has 20 per cent.”

Morgan managed to have all 38 of Brazen Beau’s owners accommodated by the Victoria Racing Club during his Group 1 wins in November and March, and now his next challenge is to do the same at famous Royal Ascot.

Morgan said Brazen Beau has just returned from pre-training to Chris Waller’s Rosehill stables and will have a jumpout at Flemington prior to leaving for the UK on June 3.

He has been nominated for both the King’s Stand and Golden Jubilee Stakes, but it’s “highly unlikely” he will run in both races.

“It looks like we have 32 of the 38 owners going over and with wider family and friends, the touring party will be close to 100, so it’s going to be a big team,” Morgan said.

“He will be retired (to Darley Stud) this year and it would be lovely to see him go out a winner at Royal Ascot.”

Newmarket Handicap winner Brazen Beau has been nominated for both the King’s Stand and Go

Newmarket Handicap winner Brazen Beau has been nominated for both the King’s Stand and Golden Jubilee Stakes. Picture: George Salpigtidis Source: News Corp Australia

Originally published as Race on for younger brigade to take ownership

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Posted April 22, 2015 by belesprit09 in Uncategorized

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