“Tremendous demand” for Highclere Racing shares 25/10/2010 |
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Highclere Thoroughbred Racing, the syndicate that owned the world’s top-rated horse Harbinger, will sell out all its shares next year, managing director Harry Herbert has revealed.
“We’ve had tremendous demand this year, having had the success we’ve had with Harbinger but also with the [other] Royal Ascot winners,” Herbert is quoted as saying by Bloomberg.
Highclere, which puts together ownership groups for racehorses, this season produced a company record 41 winners, including three at Royal Ascot. It has made more than £1.3m in prize money for its part- owners, who include actress Elizabeth Hurley and Manchester United manager Sir Alex Ferguson. The syndicate is currently ranked fourth on the owners’ list for total prize money won this season.
Highclere offers shares ranging from £6,950 to £36,950, which includes all training, vet and feeding costs. Any prize money is shared by the syndicate owners, while further profits may be made from stud fees and sales.
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