How do I buy a horse?
Current available horses, or periodic lease or syndicate opportunities, are displayed on the website. Alternatively your trainers attend the various horse sales around Australia and New Zealand and are always on the lookout for new talent. As such, they are pleased to discuss your requirements.
We do now offer discounts on purchase prices and monthly fees should you wish to purchase shares in multiple horses. Be sure to inquire.
Is Finance Available?
We have partnered with Australian Thoroughbred Finance to support owners in the purchasing of their dream horse. Finance is personalized to your individual purchase and financial position, and can assist with the upfront cost of your future champion. Request your application form at firstname.lastname@example.org, or apply online at www.austhoroughbredfinance.com.au
How much does it cost to have a horse in training at Esprit Racing?
The average ongoing cost is around $4,000 per month per horse, which covers training, spelling, veterinary fees, transport, farrier etc. However, the monthly cost can fluctuate greatly depending on whether or not the horse is racing, in training, spelling, nominating for feature races etc.
If you prefer more certainty with your budgeting, inquire about a flat, fixed cost rate. All we require is a monthly direct debit, and a rate review after 12 months.
What is excluded you ask? Insurance beyond the next premium due date, cost of major, unforeseen injury, and any upfront entry fees to major races. On each of these you will be aware and communicated to, again to minimise surprises.
How will I be updated of my horse’s progress?
Our system will deliver a message by text, audio or video, sent directly to your email inbox. The frequency of these messages will depend on what stage your horse is in its campaign. For instance, you will be advised when your horse comes into training, and you could expect monthly updates at that stage, but once the horse starts some faster work, your updates will be weekly/fortnightly.
Closer to racetime, you will be alerted to the nomination, weights, acceptances, and then a preview of the race by your trainer. The race results will be automatically emailed to you as soon as they become available, and any post mortem from your trainer delivered.
Download the Mistable Owners app, and have your own portal for you racehorse(s)!
Can I speak to the Trainer?
Owners are welcome to speak with your trainers at any time. Bear in mind that their daily commitments may at times prevent a lengthy chat, but they will do their best to answer your every query.
Where will my horse be trained?
All of our horses are trained at the Corbould Park, the Sunshine Coast racecourse at Caloundra.
How can I stay up to date with stable news?
Refer to the website for regular stable news, including a regular newsletter, upcoming events, open days, etc.
Can I visit my horse?
Owners are welcome to visit their horses at Corbould Park, however please make an appointment with your trainers to ensure you won’t be disappointed.
Do I receive regular invoices?
Whether you own 100% or 5% of a horse you will receive a fully itemised monthly statement via email from a company called knigghts that performs our billing services. Monthly invoices are usually received within 7-14 days after the end of the month. Invoices for syndicates are forwarded to the nominated syndicate manager.
We can also arrange a direct debit for you at the fixed cost rate, to make it easier.
Remember that credit card and BPay facilities are available.
What are your payment terms?
Our payment terms are strictly 7 days after invoice date. Australian Trainers Association Terms and Conditions of Training apply, and are documented on the tax invoice.
Can I insure my horse?
It is an owner’s responsibility to ensure that they have adequate cover for their bloodstock purchases. Esprit Racing may be able to recommend a provider.