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New to Racing?

We've popped together a few frequently asked questions we get from first time horse owners.

How do you select your horses?

Wexford have being buying yearlings for over 50 years - we have it down to a fine art! We buy our horses from top sales and respected breeders and have had immense success in doing so. 

Wexford have purchased multiple Gr.1 winners including five-time international Gr.1 winner Aerovelocity, Gr.1 New Zealand Derby winner Rocket Spade and Gr.1 1000 Guineas winner Molly Bloom. 

Do your charge an agent fee when purchasing horses?

Absolutely not! What we pay when the hammer falls is what you pay when buying a yearling with Wexford. 

For example, if we pay $50,000 for a horse and you decide to purchase a 5% share, you will pay $2,500 (+GST) for that share.

What are the different types of ownership?

Individual Ownership - One person pays all costs, makes all decisions and reaps all the rewards.

Group Ownership - Partnerships and private syndicates of friends. 

Authorised Syndicates - Wexford Stables is an NZTR Authorised Syndicator. We offer shares in racehorses to members of the public who may not know each other, but who all wish to share in the excitement of racing a horse together. 

What is the minimum share I can take in a horse?

2.5%. 

What is a Ready to Run sale? 

As the name implies, horses that go through this sale are two-year-olds who are already in training and well, ready to run!

The 2024 edition of the Sale will take place at the Karaka Sales Centre from 11am (NZT) on 20 & 21 November with Breeze Ups to be held at Te Rapa Racecourse on 21 & 22 October. 

How is a horse named?

If a horse is owned by a syndicate (and a name hasn't been agreed upon by everyone in the group), we will take suggestions from all members. We will then video one name being drawn out of a hat.

How often can I expect to be updated on my horse's progress?

All the time! We pride ourselves on keeping our valued owners updated every step of the way. Expect plenty of videos, photos and voice messages from Lance and Andrew heading your way.

When will my horse start racing?

Every horse is different and we will never push a horse to race when it's not ready to do so. If you’re wanting to get to the races sooner rather than later, Lance and Andrew can advise you as to which horses are likely to race as two-year-olds.

Can I visit my horse?

Absolutely! We'd love to see you down at the stable. Simply flick us a message and we'll ensure someone is available to meet you and show you around. 

What happens to my horse once it has finished racing?

Thoroughbreds are extremely versatile and if they're not destined for breeding, they can go on to excel in various disciplines, including eventing, jumping, showing and polo. Wexford have relationships with authorised retrainers who do a wonderful job rehoming our retired racehorses. 

Still have a question?

 

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