frequently asked questions

This varies, usually from 10 to a maximum of 20 people.

John and Jake Warren buy the majority all of HTR’s horses alongside HTR’s Managing Director, Harry Herbert. John is one of the most respected bloodstock agents in the world and is also bloodstock adviser to Her Majesty The Queen.

Extremely. HTR has raced seven champions and has consistently been the leading syndicate company since 1994. In 2010, Harbinger became the world’s highest-rated flat horse after winning the King George VI & Queen Elizabeth Stakes in record time. Previously, Motivator, who was bought by John and managed by HTR for the Royal Ascot Racing Club, won the 2005 Vodafone Derby.

In most cases, the trainers are involved in the acquisition of new horses and are often put to us by them or a selection of Europe’s leading bloodstock agents. This successful policy has produced a high number of Listed and Graded National Hunt horses.

Eleven. Many more than any other multi-ownership Company, all of which have contributed to an amazing win/placed strike rate at the Royal Meeting of 36%.

This differs from syndicate to syndicate but generally ranges from £5,950 up to £25,800

The majority of Syndicates are launched In June of each year. Many shares are sold before our Yearling Parades which take place in mid-October at Highclere Stud.

New syndicates can be launched at any time, but most likely in the spring to summer.

Harry and John attend the Tattersalls Breeze-up sale in April in order to buy one or two horses.

The price of a share covers all expenses including the purchase and training of the horses up to the end of their two-year-old year. This includes vet bills, entry fees, transport etc. A smaller additional sum, which is clearly stated on the agreement form, is due for the second year.

The price of a share covers all expenses including the purchase and training of the horses for the first year. This includes vet bills, entry fees, transport etc. A smaller additional sum, which is clearly stated on the agreement form, is due for any subsequent years.

Most of HTR’s horses are sold by the end of their three-year-old careers. Some are kept to race at four-years-old, provided it is thought that they can increase their capital values and win good prize money.

The career of a National Hunt can generally last for much longer than a Flat horse. The term for each National Hunt syndicate is clearly stated on the agreement form.

Yes. VAT is charged on each share but is reclaimed by HTR and paid back to the shareowners.

Absolutely not. Any deficit is borne by HTR and not the shareowner.

HTR only employs leading trainers; including William Haggas, Richard Hannon, Andrew Balding and Roger Varian on the Flat and Nicky Henderson, Paul Nicholls and Dan Skelton over jumps.

At the Yearling Parades held at Highclere Stud in mid-October.

Yes. HTR organises regular stable visits to Newmarket, where owners are able to stay at the historic Jockey Club Rooms, and to the other racehorse trainers around the UK. If owners are unable to attend these visits we can arrange other days to fit in with their plans.

Owners are kept fully informed as to the progress and running plans of their bloodstock. Horses are normally entered six days prior to the race and declared 48 hours before race day. Owners will be emailed at the entry stage and then called by phone once the horse has been declared.

HTR organises for two owners’ badges to be collected from the owners’ entrance, which will give access to the paddock before the race. During the year Owners will have the use of the Highclere Box at Newbury Racecourse, which is situated just above the winning post with a fantastic view of the track.

The consistent success of our horses at the highest level combined with a highly personal and professional service to our owners.

We take a management fee charged on each share. This can vary from syndicate to syndicate but is clearly stated on the agreement form. The company also takes 10% of the sales price of any horse selling for more than twice its purchase price.

In 2010, Harbinger was sold to stand at stud in Japan for a multi-million dollar figure. Previously, Petrushka was sold to Sheikh Mohammed in 2001 for a then world record $5,250,000 and other significant sales include Tamarisk (£3,500,000), Lake Coniston (£2,500,000) and Highest (£1,700,000).

Yes. Petrushka won The Kildangan Stud Irish Oaks in 2000 and became the first ever syndicate-owned Classic winner. Motivator, who was bought by John Warren for the Royal Ascot Racing Club and managed by HTR, won The 2005 Vodafone Derby. Horses managed by Highclere have now won or been placed in all five of the English Classics.

The short answer is that it will be more fun, more cost-effective and will give you far greater chance of racing success at the highest level. It currently costs over £40,000 a year to train, insure, travel and vet one horse. In addition, the average price of a yearling in the 2019 Tattersalls October Book 2 Sale was 78,224 guineas. For the same money that it costs just to train one horse for one year, a Highclere owner can enjoy around two to three 100,000 guineas animals with all training fees paid through to the end of their three-year-old career.

The Royal Ascot Racing Club was launched in 1997. The Club’s horses are managed by HTR and have enjoyed considerable successes with Brancaster (Horris Hill Stakes (Gr. 3)), Bannister (Gimcrack (Gr. 2)), Revenue (Windsor Castle Stakes (Listed)), Supremacy (Windsor Forest Stakes (Listed)), Metaphoric (Fenwolf Stakes (Listed)) and Graphic (Prix Messidor (Gr. 3)). Most significantly, the Club has triumphed with Motivator in The Vodafone Derby (Gr. 1) at Epsom in 2005. Motivator also won both the Racing Post Trophy (Gr. 1) at Doncaster in 2004 and The Totesport Dante Stakes (Gr2) at York in 2005.

Yes. Highclere currently have syndicates operating in France and Australia.

Absolutely not. Each shareowner acknowledges that participation in the syndicates is for the purpose of sharing in the enjoyment of the horses and NOT FOR INVESTMENT.