Interested in learning more about racehorse partnerships?

Interested in learning more about racehorse partnerships? A potential buyer might consider the following when thinking about horse racing ownership and thoroughbred racing partnerships:

• How are race horse partnerships structured? Is it a Limited, General, or Limited Liability Corporation?

• What is the performance record of the thoroughbred racehorse partnerships management team?

• Are references from the partnership's members available?

• Do race horse partnerships provide a direct contact name and phone number for the managing member?

• How are the thoroughbred racehorse partnerships horses selected and acquired?

• What are the fees and expenses related to horse racing ownership?

• Will you pay more expenses in a partnership than you would if you were an individual owner?

• Does the race horse partnerships manager have realistic expectations?

• How are fees and expenses tracked?

• What is the manner and frequency of purse and owners award distributions?

• Does the horse racing partnership charge (directly or indirectly) for marketing or advertising expenses?

• Do owners ever get money back?

Our members enjoy their participation in Dream Maker thoroughbred partnerships! Perhaps the most important point to consider when deciding whether to take the plunge into horse racing or stay on the sidelines is this:

Wouldn't it be a lot of fun to own a racehorse?

At Dream Maker Racing, owners and their portfolios are treated as INDIVIDUALS as opposed to a Group. This ensures that you will get the most of your ownership experience.

In addition, Dream Maker Racing membership offers unique benefits designed to ensure an exceptional racing experience! The valuable benefits of fun and affordable horse racing partnerships with us include:

• NY State Gaming license and stable access pass including full ownership credentials for entry into all New York Racing Association or Finger Lakes racetracks, regardless of your horse's racing schedule. This also give you entry into the paddock at all NYRA racetracks regardless on your horse's appearance in a race.

• Text and E-Mail updates when your horse has a published work, entry or result.

• Bi-weekly updates and progress reports, distributed by e-mail and text to our thoroughbred partnership owners.

• Pictures and video of your horse training or just relaxing at the barn.

• Racehorse ownership entitles you (and up to six guests) to entry to the backstretch to watch morning work outs and discuss training progress directly with your trainer.

• Weekly e-newsletter emailed out to members as well as distributed at meetings and events, then posted on the Dream Maker Racing, LLC website.

• Events and meetings at venues throughout historic Saratoga Springs and New York City, with guest speakers and handicapping experts for all partnership members and their guests.

• Annual Regional-Meetings for those not local to the New York Area. This includes our Mid-Atlantic, Massachusetts, Florida, California, and Midwest contingencies.

• Distribution of NY Bred Owners awards and purses earned by your horse along with sales proceeds when you horse sells at public auction.

• Invitation to the annual Dream Maker Summer and Holiday Parties

• Membership to New York Thoroughbred Breeders Inc.

• Membership to the National Thoroughbred Racing Association (NTRA) that includes participation in the NTRA discount purchasing program.

• Assistance with travel arrangements, hotel reservations, dinner reservations, and restaurant recommendations during the are all additional for DMR racehorse owners.

At Dream Maker Racing, owners and their portfolios are treated as INDIVIDUALS as opposed to a Group. This insures that you will get the most of your ownership experience.

How do I become an owner?
If you are interested in thoroughbred racing partnerships and racehorse ownership,but want more information on Dream Maker Racing (DMR) call us at 518-587-5550 or complete the online contact form. Our team will then contact you to discuss your interest in thoroughbred ownership and answer all of your questions about thoroughbred partnerships.

How much of the horse will I own?
The percentage owned per unit varies by LLC, but can be as little as 3% and as much as 45%, depending on your budget.

How do I get my owner's license?
Dream Maker Racing's streamlined process facilitates the licensing of all DMR members as quickly as possible.

How often will I see my DMR horse?
You are welcome to visit your (and any other) DMR horse whenever you'd like, wherever they are training. DMR thoroughbred ownership members have a long history of visiting their horses and taking great pictures of their time together! Depending on the season and the stage of training, your horse might be stabled in Saratoga Springs, Belmont, Aqueduct, Kentucky, or Florida. DMR owners are asked to respect the thoroughbred trainers schedule and training regimen and time their visits accordingly.

How often will I get bills for the care and maintenance of my Dream Maker Racing horse?
Dream Maker Racing maintenance expenses are invoiced annually at the beginning of the expense year. For example, 2020 annual maintenance expenses are billed in January 2020. Members are not billed for expenses during the year. Each DMR member receives a quarterly statement for their specific LLC that details the maintenance expenses incurred to date.

Who pays the bills for Dream Maker Racing horses?
Dream Maker Racing manages the bookkeeping for each of our thoroughbred racing partnerships. This includes invoice payments and detailed documentation of all expenses paid to trainers, vanning companies, veterinarians, blacksmiths, and other service providers. Each quarter, members are mailed a complete report that delineates each expense by provider and month of service which highlights for each member a financial 'snapshot' of your thoroughbred partnerships throughout the year.

When do I receive purse earnings? Owners' Awards?
Purse earnings and related owners awards are documented in the quarterly reports. Net earnings are distributed to members quarterly.

Who makes the training and racing decisions?
Tom Gallo, as the DMR managing member, makes the training and racing decisions for the DMR horses based on recommendations from the trainers, riders, veterinarians, and other specialists who are handling a specific horse. Member comments, suggestions, and insights are always invited and welcomed.

What is the typical length of a racing partnership?
We follow a two-year guideline, which gives the trainers enough time to get a feel for the horse's abilities. At the end of the second year, we evaluate the horse's performance and make a decision at that time whether to go forward or dissolve the partnership.

What happens when the horse is retired from racing?
When it is time for thoroughbred racehorse retirement to be considered, careful arrangements are made by Tom Gallo for where the horse will be retired, sold at public auction, or donated.  Once the final invoices have been documented and the bookkeeping is complete, the LLC is dissolved and the LLC members are distributed any remaining monies, pro-rated in accordance with their ownership share.

Think You’re Ready To Take The Plunge Into Ownership?

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While ownership of a thoroughbred racehorse can be gratifying, fun, and financially rewarding, racing horses has large potential risks. You must be aware of the risks and willing to accept them in order to invest in thoroughbred horse racing. Only invest money you can afford to lose.