SHASA RACING, LLC is a Racing Syndicate in the process of being formed to provide affordable opportunities for individuals to experience the “sport of kings” through fractional ownership. Partnerships are forming now for racing in Florida, Pennsylvania, and New York.
Goal
Provide all the fun and excitement that thoroughbred racing has to offer with a fraction of the financial risk, none of the hassle, and an extreme level of customer service.
Finances
Shares in the SHASA RACING LLC partnerships vary based on a variety of factors including the cost of the thoroughbred, time of year purchased, where the thoroughbred is racing, who is training the thoroughbred, and the number of months of maintenance expenses which are being collected up front.
Typical partnerships are comprised of 10 shares and each share typically sells for $2,000 – $20,000. We often make partial shares (halves and quarters) available as well. Maintenance expenses are billed quarterly. Expenses are approximately $1,250 – $1,500 per quarter per share (9.9% ownership). Three to six months of maintenance fees are normally included in the initial buy-in.
These rates pay for all expected, regular expenses associated with training and racing the thoroughbred with the exception of racing licenses.
Communication
In speaking with many owners or participants in other partnerships, it became clear that a lack of communication with the managing members or trainers is a frustrating problem in the business. SHASA Racing LLC is committed to frequent and open communication with our partners. In essence, what we know, you’ll know.
In addition to quarterly financial statements, we provide weekly reports regarding the condition and progress of the Thoroughbred. We provide updates prior to each race, following each race, and any time between races in which something out of the ordinary may occur. In essence, what we know, the partners know.
We will be Looking at Standardbred Horses as well as Thoroughbreds. Our focus will be in the claiming side of the business, but there are a couple of sales we would like to attend.
IF THIS IS SOMETHING YOU ARE INTERESTED IN PLEASE SEND AN EMAIL TO: advisor@shasa.pro
OUR STABLE LAUNCH WILL BE BASED ON YOUR RESPONSES
