Racehorse Syndicate Agreement With Mexico In San Antonio

Category:
State:
Multi-State
City:
San Antonio
Control #:
US-00039DR
Format:
Word; 
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Description

Stallion syndications are contractual agreements where multiple parties combine their financial resources to purchase a stallion for breeding purposes. Each contributor or "owner" owns a "fractional interest" in the stallion, typically entitling them to one breeding right per breeding season. The farm or individual syndicating the stallion will generally retain multiple fractional interests. The arrangement provides for lowered costs and a more diverse breeding for the stallion.

This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement
  • Preview Horse or Stallion Syndication Agreement

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FAQ

Horses remain important to Mexican life, with the charrería (similar to Western riding) considered the national sport, as highlighted by its addition to the UNESCO Intangible Cultural Heritage of Humanity list in 2016.

Hipódromo de las Américas - Wikipedia.

The United States of America The Kentucky Derby is the most prestigious horse racing competition on the planet, making the US a highly desirable location to visit for diehard punters. Taking place on the first Saturday in May, the race winner receives $3,000,000 in arguably the most famous horse race around.

Horse racing in Mexico is a popular spectator sport, with many people attending races on weekends and holidays, especially the Hipódromo de las Américas. The sport is also popular with gamblers, who bet on the outcome of races.

Horse racing syndicates enable individuals to share the costs and benefits of owning a racehorse. This arrangement divides the responsibilities of purchasing, training and maintaining a racehorse among a group of people. It makes horse ownership more accessible and less financially overwhelming.

Horse racing venues by capacity #VenueCapacity 1 Tokyo Racecourse 223,000 2 Nakayama Racecourse 165,676 3 Churchill Downs 165,000 4 Hanshin Racecourse 139,87735 more rows

Chrome has sired a number of successful horses since retiring from racing after a career record of 16-4-1 in 27 starts that included fourEclipse Awards, including Horse of the Year in 2014 and 2016.

Syndicates are a form of shared ownership where the Syndicate members own, or lease, an interest in racehorses. A Syndicate is managed and administered by the Syndicator(s) and only the syndicator(s) must register as a Sole/Company owner. It isn't necessary for members of the Syndicate to register as owners.

A syndicate is a group of between 3 – 100 people. Horse(s) will race under the syndicate name and carry the syndicate colours. A syndicate has one agent responsible for administration and management. All syndicates are required to have a syndicate agreement and code of conduct.

Social Structure A herd of wild horses consists of one or two stallions, a group of mares, and their foals. The leader of the herd is usually an older mare (the “alpha mare”), even though one stallion owns the herd. She maintains her dominant role even though she may be physically weaker than the others.

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Racehorse Syndicate Agreement With Mexico In San Antonio