After purchasing a horse at public auction or privately Red Storm Stable will evaluate the individual horse before offering any shares to qualified partners.  We believe it is important for partners to enjoy a close bond with one another and are therefore selective with partners which we admit to our team.  Red Storm Stable creates a separate LLC for each horse we syndicate allowing partners to enjoy favorable tax benefits. Although all partners are consulted in major management decisions and have input into the racing career of the horse, Red Storm Stable remains the managing partner and has final decision making authority.

The initial syndication price of a horse will include all the training and expenses associated with the Thoroughbred up to and including December 31 st of the year purchased. In most instances this means partners will not incur any further training costs until the first quarter of the next year.  However, a cash call may be issued for unforeseen veterinarian procedures and traveling expenses of the Thoroughbred.

Thereafter, partners are obligated to pay their portion of all charges, costs, and expenses incurred in connection with the Thoroughbred. Company expenses will be billed quarterly; however, they may be billed monthly or as needed to pay for required expenses. Please review our Operating Agreement for more information.

Owning 100% of a Thoroughbred costs about $4,000 a month to keep in training at a major track in the United States. The related expenses are the same at all levels but top quality Thoroughbreds run for much higher purse money.