Tuco Salamanca winning at Great Yarmouth, Racing League
Frequently Asked Questions
about
Pompey Ventures
Racehorse Ownership Syndicates
Questions?... Don't worry, we have answers!
Curious about Pompey Ventures? Explore our FAQ section to find answers to common queries about our horse racing syndicates. Whether you're interested in ownership opportunities, syndicate details, or horse information, we've got you covered.
Q. What does the initial syndicate share cost cover?
The initial, upfront cost covers the purchase of the horse, vetting and wind testing if required, sales house commission, bloodstock/agent fee, transport to and from the sales
Q. What do the monthly fees cover?
All training fees, general vets fees, farriers costs, dentistry, physio, gallops, food and supplements, stabling, travel to and from racecourses & jockey fees
Q. Could there be any other costs?
Yes, possibly, is the honest answer. Travel costs incurred for travel outside of the UK are not included, so these would be deducted from prize money and/or re-sale fees  when your account is settled. Veterinary fees are inclusive subject to a cap of £3000.  If, at the discretion of the syndicate managers, further treatment is in the interests of both the horse and the syndicate,  excess costs above the cap will be levied on and payable by syndicate members on a pro-rata basis, again to be deducted from prize money and/or resale value.
Q. What do I get for my money?
You get ownership of the purchased percentage of your horse. This will include updates, both from PV and directly from the trainers. Access to private stable visits  to meet your horse and trainer,  by prior arrangement.  Owners badges for every race meeting your horse is running at - this will include entry to the owners and trainers area, and usually lunch or meal vouchers.  Most importantly you will also receive your percentage of the nett prize money, less entry fees, earned by your horse.  (This is the figure received by the owners after jockey/trainer % have been deducted) and upon the sale of your horse, your percentage of the horse's resale value. You will also be added to a syndicate group chat giving you the opportunity to meet and interact with your fellow owners and of course the team at PV
Q. Do you only offer 5/10/25% percentage shares?
Absolutely not!  We pride ourself on our flexibility and we are happy to put together something 'bespoke' to suit your ownership needs.  So whether it's a smaller share as an introduction  to racehorse ownership or even as a special gift, or a larger purchase such as a half share partnership, or even a whole horse with a bunch of mates, we will always try to put together the perfect package for you.  Just give us a call, drop any of us an email or fill in the contact form and one of us will be in touch to discuss options.
Q. Do PV charge a commission?
Yes we do. However unlike many other syndicates, we only charge a small 10% commission if the sale price exceeds the purchase price. This is calculated on the difference between the two hammer prices, rather than the total sales cost. This is an added incentive for us to improve the value of the horse, and a commitment to our owners to only purchase horses we genuinely believe in. We aim to be very transparent with our costings and we do not mark up our purchase costs as many syndicates do. Therefore this 10%, together with a 5% commission on prize money are the only commissions we take.
Q. How do you know which horse's have the potential to be PV horses?
We have an excellent team around us, with a wealth of knowledge and experience in horses and racing. We have experts in several different fields within the company, so each horse is meticulously researched & assessed by the whole Pompey Ventures team before purchase.  The purchase of any horse is a major investment & we would never purchase any horse, without being absolutely certain it was the right fit for the PV racehorse syndicates.​​
Q. What happens when my horse is sold?
Once your horse is sold, and all the accounts have been finalised, you will be sent a statement, showing your share of the prize money and sale proceeds. This balance will be paid to you once the sale is settled from the auction house, but generally within 8/10 weeks of the sale.
Q. How long will you keep the horse?
A wise man once told us the time to sell your horse is when you least want to!  Roughly translated this means our aim is to buy the horse, improve its value, win our owners some valuable prize money, then hopefully sell on for a profit, all whilst enjoying some winning days out!  Obviously this is an aim not a guarantee but we are confident we can judge the optimal selling point  for your horse to maximise both your return and the overall owners experience.
Q. Is horse ownership an investment?
No! Ask any race horse owner and you will always get a resounding No! Horse ownership is not an investment and should NEVER be considered solely as way to make money.  It is an incredibly rewarding and entertaining experience, which if you are lucky can sometimes give a positive return.  At PV we do everything we can do increase the value of your horse and give you winning days out with optimal  prize money, but you should never consider racehorse ownership solely to make money.
Q. Can I visit my horse?
Yes of course! We are happy to arrange stable visits, with prior notification, so you can visit your horse and trainer. We have excellent relationships with all our trainers and they are very accessible. If you have any questions about your horse or its training, we can always get an answer for you!
Q. Are you "official"?
We are members of the The Racehorse Syndicates Association (RSA), which is recognised by the BHA (British Horseracing Authority) & also The Racehorse Owners Association(ROA). Membership is subject to the acceptance of the Association's Conditions of Membership and the BHA's Code of Conduct for Syndicates.
Q. Will I have to pay VAT on my share?
No. Pompey Ventures will pay the VAT on your behalf and reclaim it where applicable.
Q. I'm not sure a group chat is for me. Is there an alternative?
Absolutely! Just drop us a message to let us know and we would be happy to email you the updates instead.
Q. Are all the photos on your website PV horses?
Yep. Every single one. Handsome bunch aren't they!