The structure of a partnership/syndicate 
can give you wider position in better horses while spreading the risk 
thinner than if you had ownership of entire horses.

Ben McElroy has bought and managed a number of partnerships with great success. He has targeted partnerships in the market of pinhooking weanlings to yearlings, pinhooking yearlings to two-year-olds and in the breeding stock market. Weanlings and yearlings purchased for pinhooking partnerships have been purchased under the name Twin Peaks, while breeding stock has been purchased and sold in the name of Coronation Investments in the past years. In the first year, Coronation Investments yielded a 20% return on investment with its purchase of two mares and a weanling in January of 2010. The three were purchased for a gross sum of $315,000. Sale of the mares and their foals the subsequent November of 2010 yielded $380,000 for the partners. In 2010, Ben purchased the filly ALPHA KITTEN for $150,000 in November at Fasig-Tipton in what he read as being a very soft spot in the market for a filly that simply appeared to be a bit beneath her peak physically. The partners were well rewarded for the filly when ALPHA KITTEN sold for $405,000 at the 2011 Keeneland January Sale realizing a return on their investment of 170%.

With successes annually pinhooking weanlings to yearlings, Ben McElroy has carried this success to the yearling to two-year-old market seamlessly.  In 2010, Ben purchased a yearling by leading young sire TAPIT, out of the mare SAWGRASS EXPRESS for $60,000 at the Keeneland September Yearling Sale. The colt was broken and sold at Barretts in March 2011 for $340,000 realizing a 465% return on investment.

A racing syndicate may include purchases of nicely bred yearling fillies to race in Europe. Successful McElroy Syndicate investments include Group Winners Long Lashes and Laughing Lashes, among others.  The general outline and benefit of the McElroy Syndicates:

• Opportunity to share undivided interests in six to eight colts or fillies selected by Ben McElroy
• The juveniles will be trained by Simon Callaghan on the Southern California racing circuit
• Racing silks will alternate – your silks will be used!
• Each racehorse owner will be billed directly for their pro-rata share of expenses.
• Upon dispersal of each racehorse, co-owners will receive timely proceed distributions.
• Each racehorse owner will have a Right of First Refusal for each undivided interest.
• Contact Ben McElroy at 859-621-9763 for further information.

Partnerships are continually formed with the acquisition of new bloodstock. The selection process and management are strict, giving participants the confidence to trust their bloodstock position and the enjoyment the business can offer. Please contact Ben for details about the current opportunities.