Thoroughbred racing, once considered "The Sport of Kings"- well beyond the realm of possibility for most people - has been transformed by syndication into "The King of Sports," enabling anyone with the dream of Thoroughbred ownership to participate.


 


Investment Agreement

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Photo: Anne  M. Eberhardt

 

 

 

 

 

TRINNIBERG  Prepping for 2012 KENTUCKY DERBY G1

 

 

 

 1st Cav Racing, LLC             Bylaws as of April 9, 2012

  1. The investor agrees to pay a percent amount agreed upon for investment of each horse. In return he or she will receive the same percent from there horse's earnings from purses, claiming or sale income .
  2. All expenses for the care, upkeep and training of the horses will be paid by the Investor according to their percentage of investment.
  3. A Statement will be sent out once a month, showing income from their percentage of horses and expenses. The Investor will be responsible for the difference. If their investment shows a profit at the end of each quarter the investor can opt to receive funds or keep profits in his or her account with 1st Cav Racing, LLC.

All decisions about the disposition of each horse will be made by the majority with due consideration given to the input of Brett St. Amand, Managing partner.


 

If an investor has 1% to 14% and fails to pay their percentage of monthly expenses management will deduct 3% of their initial investment starting with the first month of delinquency.

If an investor has 15% or more and fails to pay their percentage of monthly expenses management will deduct 5% of their initial investment starting with the first month of delinquency
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When a investor falls behind and once he or she becomes current with his or hers monthly expenses, 1st Cav Racing, LLC will reinstate the investor's original investment percentage.

 

 

BRETT ST. AMAND-Managing Partner 859-533-7312

 

 

 

 

 

 

 

 

 

 

Bloodstock Agent Code of Conduct | Seller | TOBA Sales Integrity Program

         


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