How many participants are there in a typical Raintree Racing partnership?

The general partnership consists of four partners who own 22.5% each.  Raintree owns 10%.

What is my initial capital investment?

The initial capital investment varies and depends on the established value of a particular horse.  It covers the Partner’s interest in the horse and all training, care, and associated costs for the current quarter.

Are there any expenses beyond my initial contribution?

Beyond the initial quarter, each partner is responsible for his or her pro-rata expenses.  The expenses for the horse are estimated quarterly and billed in advance.  Generally speaking, a horse will cost approximately $45-50,000 per year to maintain which includes training, veterinarian, blacksmith, transportation, and all management fees.

Is there any guarantee a Raintree Racing partnership will make money?

No.  However, group ownership allows people the opportunity to participate in the exciting world of thoroughbred racing at a reasonable cost and, therefore, minimize the risk.  The partnerships might make money.  Current tax laws allow you to write-off any money you may lose.

Do you provide partners with financial statements?

Yes.  Accounting summaries are prepared on a quarterly basis and mailed to the partners within four to six weeks after the close of the quarter.

Are Raintree thoroughbreds insured?

Yes.  Mortality insurance is placed on the horse for the full value paid by the partnership.

What are my privileges as a thoroughbred owner with Raintree?

As a Raintree Racing partner, you will receive complimentary admission passes to all tracks, full access to the stable and paddock areas, and opportunities to meet the trainers and jockeys associated with Raintree.