Australian Racing Board is pleased to announce that it has increased the maximum number of individual owners allowed per horse from 10 to 20.

Australian Racing Board is keen to do everything possible to increase participation in racehorse ownership.

The rule amendment will come into effect from the commencement of the new racing season on 1st August 2012.

The change came at the request of the national body representing owners, ATROC. From talking to its members ATROC believe that increasing the cap from 10 to 20 will enhance interest in horse racing ownership. (courtesy RacingNSW).

What does this mean going forward? The above changes will not be amended retrospectively but in future horses, all 5% shareholders will be eligible to have their name in the racebook. It has not been confirmed at this stage whether mounting yard ticketing rules have also been increased but this would make sense.

Ahead of this decision, Clanbrooke had already decided to revisit 20 share Syndications with the launch of `Sharing Winners‘. All Sharing Winners horses will be 20 share Syndicates, capped at $2000 per share. See our first offering, a Rock of Gibralter x Westernport Bay Colt (pictured) on the Horse Shares page. 5% shares are offered at $1400 - monthly fees $140. A great way to get started in this great industry.

It has been a busy few months at headquarters with pre-sale Yearling inspections and, of course, the heady and adrenalin-fuelled Sale days themselves. But that all drew to a close on Monday as the Inglis Autumn sale wrapped up.

Clanbrooke purchased 3 Yearlings in Melbourne this year - our Statue of Liberty (who is now 60% sold - click here to watch a video of him ), a Rock of Gibralter x Westernport Bay colt (pictured) who we are about to advertise next week and, last Sunday, a colt by First Season sire Kaphero (out of Viking Rose).

Both the Rock of Gibralter and the Kaphero Colt will be advertised under Clanbrooke's `Sharing Winners' brand, with 5% shares in all horses capped at $2000 - a terrific opportunity to enter the world of racing without breaking your budget.

Clanbrooke's Trivia Night is creeping up on us and is only a little over 2 weeks away. There are still limited spaces available on tables so if you are free, let us know as soon as possible as we will finalise numbers early next week.

Racingwomen.com.au, another initiative that is headed by Brooke along with Jo Hyland (Mistable) and Siobhan Miller (Sirecam), is hosting a `Sunday soiree' at the clubhouse, `The Emerald Hotel' in South Melbourne this Sunday (6th May). For those who are interested to see what Racingwomen are all about, feel free to join us around 3pm (men included!). Wendy Stapleton is performing on the day so it promises to be a great afternoon out.

There are only 2 x 5% shares remaining in our inaugural Racingwomen offering - a Magnus x Lilymay colt. Magnus himself has launched his stallion career in style, celebrating his 3rd first crop winner at the weekend. Our colt is already at the breakers and will likely be an early goer.

Come along to Aquanita's Caulfield stable this Friday afternoon to inspect our Statue of Liberty x Umaris colt. Bring your friends or family - BBQ and drinks provided.

RSVP essential for catering purposes.

 

First Season Sire heads chart by `strike rate and average earnings index (AEI).

See article for further details.

 

]]> http://clanbrooke.com/stable/news/46/Clanbrooke+Racing+2012+Trivia+Night+-+Mark+it+in+your+diary%21 http://clanbrooke.com/stable/news/46/Clanbrooke+Racing+2012+Trivia+Night+-+Mark+it+in+your+diary%21 Wed, 07 Mar 2012 00:00:00 EST Clanbrooke Racing 2012 Trivia Night - Mark it in your diary!
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]]> http://clanbrooke.com/stable/news/45/Introducing...Racingwomen.com.au http://clanbrooke.com/stable/news/45/Introducing...Racingwomen.com.au Tue, 06 Mar 2012 00:00:00 EST Introducing...Racingwomen.com.au It has been difficult returning from holidays – and a week on the Gold Coast – to a regular working week. However, with so many exciting debuts on the cards for coming weeks, it’s not all doom and gloom.

Our current band of 2YO’s are all coming along very nicely and, in fact, two of them are just about ready to make their racetrack debut. As such, over the break, we have been busily brainstorming and we are now pleased to announce the racing names for all 3 2YO’s:

Firstly, our Dylan Thomas x Away with Fairies Filly will be known as `October Wind.’ Why you ask? `October Wind’ was actually a poem penned by Dylan Thomas – and our filly was an October foal.
Secondly, our Purrealist x Portview Colt is now `Reigning Cat.’ No explanation needed there.
Finally, our Al Samer x Nightly Class Filly is `Sahara Night’ – a nice fusion of the sire and dam from long-time Clanbrooke owner Max Dent. Thanks Max.

We are yet to purchase our first Yearling for 2012, but in the meantime, we have a few shares remaining in our 2YO Oratorio x Academia Colt, our Good Journey x Race The Heart Gelding (pictured), as well as our International venture, the Sinndar x Shamsada Colt. If you ‘re not too keen to wait for a Yearling to mature, have a look at our 2YO’s who have all been broken in and are all just about ready to go.

We have a couple of owners events coming up including a day at the Ballarat races including lunch in the committee room, to be hosted in conjunction with Aquanita. Invitations will go out shortly but tickets are limited so don’t delay. In addition, we are busily planning our first Clanbrooke event for the year. Watch this space.

The PPSA is based on similar legislation in Canada and New Zealand and the major case study for the Act is indeed based on a racing case. In Waller v NZ Bloodstock Limited, NZ Bloodstock leased the stallion Generous to Glenmorgan Farm for an initial period of three years on terms specifying that title remainsed at all times with NZB. This created a PPS Lease which was never registered on the PPS Register. When Glenmorgan defaulted on the lease payments, NZB terminated their agreement and re-took possession of the stallion. However, prior to the Generous contract, Glenmorgan had granted a debenture over “all its present and future assets” to a third party which was entered onto the PPS Register. When Glenmorgan also defaultd on payments to the Third Party, the unfortunate result was that the Third Party was able to argue that it had a registered interest in the horse that took priority  and its subsequent sale and the $2 million proceeds of the sale. NZB received nothing.

Like many things we can argue whether or not such a law should be applicable to Bloodstock but at the end of the day, it is now LAW and we must comply. The register will not come on-line until January 30 and we would advise all clients to do an engine search on PPSA which will lead to the On-line Register. Of course it also a fact  that we will be paying the Government to run this new bureaucracy and the charges are also shown on the Government website.
For further reading and understanding, we would refer all owners to RISA who are progressively publishing details as they become clearer - or consult your personal Lawyer or Accountant.
 

Although the office remains closed for a few more days, we have been heartened in recent weeks with the track success of some of our stable horses including Mayneda Strategy’s Boxing Day win at Caulfield (suberbly executed for staff member and part-owner Judy Magee on her birthday), as well as Leg Room’s win the same day at Wodonga. With two runners at tomorrow's Caulfield meet and another runner anticipated for Flemington Saturday week, we certainly have our share of city runners at present, most of whom race as fairly solid chances.

We have also received some very positive reports from track riders in relation to both our Al Samer x Nightly Class filly (now named `Sahara Night’), as well as our Purrealist x Portview Colt. Both are set to hit the track even earlier than anticipated and Russell’s eye is set firmly on some of the Inglis bonus races for which both 2YO’s are nominated.

We still have 2 x 10% shares remaining in our Purrealist Colt. Shares are advertised at $6495 per 10% share. With naming imminent (as he must trial within the fortnight), please contact us asap if you are interested. With 3 city winners under his belt, Purrealist is currently 2nd on the First Season sires. Don't let this one get under your guard.