:SOwning in the UK

I am thinking of buying a horse or two in the UK, any advice?

I heard France could be a better option?

I worked over there for William Haggas and found he was very thorough and would recommend him as a trainer anytime. Proper English Gentleman. Very good to us and would have stayed on if my mates here had not said I should go out my own here and they would support me with horses.

Prize money a big problem ,plus will cost you roughly double to keep the horse

Bath Today winners purse

Race 1 R17000
Race 2 R24000
Race 3 R24000
Race 4 R24000
Race 5 R24000
Race 6 R24000
Race 7 R17000

Thought you may be interested in seeing the viability of racing in Singapore. Below are just some statistics of costs/stakes/rewards in Singapore compared to those of South African racing. I don't have all the facts and figures for the UK but based on the stakes detailed above, it appears to extremely costly with not much of a return unless you are participating in the feature races.

Prize money:

All of the amounts below are based on a conversion rate of S$1 = R5-50

In a recent survey done by the International Federation of Horseracing Authorities, Singapore ranked second in the world behind the UAE in respect of stakes compared to owners' expenses. With 100% being representative of all costs incurred being covered by stakes offered, UAE (who race for only 4 months of the year with most of costs being covered by Dubai Racing and also distorted by virtue of the fact that U$25m in stakes is offered on World Cup night) ranked 165% and Singapore 126% (this figure is based on expenses without taking into account the owners' rewards scheme so it should be higher). Third on the list is Hong Kong on 101% with South Africa in 8th position at 48%.

The figures below are based on those provided by the IFHA:

South Africa
Total prize money: R280m
Number of individual starters: 7000
Average per horse: R40 000
Average per race: R74 500

Singapore
Total prize money: R305m
Number of individual starters 1400
Average per horse R217 000
Average per race R390 000
Minimum winner stake for Owner (Class 5) R98 000
Restricted maiden winning stake for owner: R171 500
All graded races are worth R1m or more

Full details of prize money for the respective races are available on the Singapore Turf Club website ( www.turclub.com.sg )

Monthly training fees:

Stabling costs in Singapore per month vary between S$2500 – S$2800-00 (R13750 – R15400) which is inclusive of all stabling, trainer’s fees, basic farrier costs and day to day veterinary costs. All veterinary fees are charged at cost to the owner.

Owners’ Incentive Scheme:
To help lower the cost of keeping horses in Singapore, a REWARD Incentive Scheme was introduced by the Singapore Turf Club. Under the scheme, an incentive will be paid to the owner of a Singapore-based horse in the form of a "credit rebate" of $900 (R4950-00)per horse, when his/her horse meets the qualifying criteria. The "credit rebate" amount will be used to offset against his/her horse's monthly training bill and the owner will only be billed the balance. The rebate will be paid by the Turf Club to the trainer.
The qualifying criteria for horses under the REWARD Incentive Scheme is as follows:
Number of Starters Qualifying Horses
10 or less starters. All except 1st and last placing
11 or more starters. All except 1st and last 2 placings


Owners’ Registration:

The cost of registration for ownership is S$570-00 (R3135-00) and the annual renewal is the same.

Thanks Debbie (tu)

How can South Aricans participate?

In Singapore racing I mean.

Debbie - trust you enjoy your stay over there - let me see if I got this right

By winning a maiden, an owner would earn in the region of R170k - in Gauteng, the winner's check (most of the year anyway) for a maiden win is around 40K - so in Singapore one would earn around 4.25 times more than in Gauteng.

Training/keep costs (from the figures you quoted) seem to be only just more than 3 times more expensive over there then in Gauteng

So this already sounds like a better deal than here - then when one includes the 'incentive scheme' - if your horse manages to qualify in only 1 race per month, one would earn another R5k (well almost) - making the cost relation when measured against Gauteng only about 2 times more expensive.

Sounds good - pity I would need to get on a plane to see my horse in the flesh

How does this compare to Ngong?

Thanks Debbie !

I was led to beleive you have to be invited to race in Singapore.

I will check on the website it looks interesting.

Ownership in Singapore is open to all irrespective of where you live. Around 20% of our owners are international and the numbers are growing rapidly due to the attractive prize money and incentives offered. Added to that is the fact that we race all year round (with the exception of a one week break at Christmas and after the International Racing Festival in May) and also that despite the amount of rain we have here, race meetings are never lost (only 1 in 11 years). Frodo - with the cost of flights now, the incentives and the prize money on offer, you could still pay for the ticket to come and see your horse race, enjoy the beautiful island and show a profit (sure Caroline would love a holiday in Singapore!!).
Orange - please have a look at the website and if you have any further questions you are welcome to email me on Debra_hawkins@turfclub.com.sg.
I am going to be back in South Africa on holiday from 12 - 30 September - will pop in and see you all at Lodge Heredon Raceday. I'll bring a couple of DVD's over with me on ownership in Singapore and these will give you a good idea of the facilities here and what you can look forward to.
See you all soon.

Unlucky_Dube Wrote:

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> How does this compare to Ngong?
i would also like to know this as a fair horse in sa could win many races there from what i've seen - and Zim?