Basic Options
For Partners
Partnership Basics
When purchasing young horses, DreamSWIFT participates in “straight up” partnerships with no middleman or management fees.
Purchase
There is a 20% mark-up on the auction price of a horse in most, but not all, scenarios. This is to address up-front costs, including travel and expenses associated with attending auctions and assessment of horses, paying for additional vetting opinions, etc..
Training
There is no mark-up on the monthly training expenses, which are “passed through” from the trainer. See ABOUT US to get more insights on the approach to selecting and starting young horses on their racing journeys.
DreamSWIFT
Guidelines
Purse Monies
All purse monies are distributed to each owner according to percentage of ownership. Each owner pays his/her percentage of the expenses.
Owner Options
In most scenarios there will be: 5% direct ownership of the horse under the DreamSWIFT THOROUGHBREDS stable name, or 25% and above ownership of the horse under the partner’s own name or racing stable.
Bookkeeping
The only fee for each owner is a bookkeeping fee paid to the bookkeeper, between $20 to $50 a month per partner, per horse, plus any protracted research asked of the bookkeeper by an individual owner.
Upcoming
Auctions
Fall Yearling Sales
DreamSWIFT partners and affiliates usually purchase horses at fall sales on a first-come, first serve basis. As more investors decide to come in, more horses may be bought to accommodate them.
As the criteria and budget for horses remains the same, there is no way of knowing which horses will emerge as the strongest competitors.