FAQ

What entitlements do I get as an owner with Lucky Clover Thoroughbreds?

You get full ownership privileges. Owner privileges include race day entry, member’s tickets, mounting yard access, winning enclosure and open days. Owners have control during and after its racing career. Such decisions will be made as a group along with the racing manager and trainer. No decision on your horse is made without the input of each and every owner.

What does my monthly fee cover?

This covers spelling, training, pre-training, getting your horse to the races, trial and race nominations, open days and vet visits (although, very occasionally certain vet procedures may incur a small additional fee).  This does not include nomination fees for Group and some Interstate races, however it is a good problem to have.

Does my name appear in the race book?

Yes. If you own an interest of 5% or greater, then your name will appear in the race book as an individual owner, and therefore entitles you to full owner privileges. Smaller shares also get the privilege in certain circumstances, please just ask.

Why is the share price higher than the sale price?

Along with the sale price, other costs such as GST, breaking in, education, transport,vet inspections, insurance and QTIS/BOBS or Magic Millions race nominations are calculated into the advertised price. 

As an owner, what correspondence do I receive regarding my horse?

Owners receive email updates on a regular basis.  At times these emails include photos, video footage and audio reports on your horse and are designed to keep you informed as to its progress and movements. When trialing or racing, field nominations, pre race and post race comments on your horse are forwarded along with any other relevant information. We encourage  paddock visits and attendance at track work sessions which allow our owners to be as involved as possible. .

Does Lucky Clover Thoroughbreds retain any prize money ?

Definitely not. All prize money is distributed to the owners accordingly direct from relevant racing authority unless the owner is is in a syndicate where the syndicate manager will distribute the prizemoney according the the owners percentage of ownership.

Can I talk to the trainers directly?

Yes. We encourage all owners to be as involved as possible.

Am I guaranteed a winner?

There are no guaranteed winners in horse racing.  Our experience, through our years of horse ownership, has steered us to a successful stable.  We believe we have the right team for winning but there are never guarantees.  Horse racing can be an exhilarating game but also a cruel one. Barrier draws, injuries, track conditions plus many more factors are the difference between a great win or a disappointing run. 

Am I able to inspect the horse prior to purchasing?

You most certainly can. Simply contact us and we can arrange a suitable inspection time.

Am I able to sell my share later on if need be?

Yes. If you find yourself in a situation where you need to sell your share due to personal or changing financial circumstances, then we can aid you in doing so. All aspects of the sale including price, market conditions and time frame are discussed with the selling client in order to obtain the best result possible.

So what happens once the horses racing career is over?

It will then be discussed amongst the owners as to what happens to the horse. Most horses have residual value once their racing career is over. A Filly usually goes to stud and can be valuable if they have had a solid racing career. About 90% of colts are gelded for various reasons. If your horse was to remain a colt and have a successful racing career, then he may be sent to stud. This can prove to be financially rewarding for owners of the colt. All proceeds of sale are distributed according to the share amount owned minus associated cost.