Owning a thoroughbred racehorse can be one of the most exciting experiences in your life! Investing with Z Thoroughbred Racing LLC will lower the cost of the investment by sharing expenses among the different partners. ZTR LLC retains a portion of ownership of each racehorse and therefore has “skin in the game” to insure that financial and operational goals are aligned with yours.
ZTR LLC purchases yearling or short yearling thoroughbreds being sold at auctions across the U.S. Using detailed evaluation of pedigree and conformation, a shortlist of potential investments are considered. During the auction, only horses offering the best value are purchased typically within the range of $10,000 to $50,000.
Yearlings are then shipped to the farm to develop and be initially schooled. 2 year-olds are sent to the track where the trainers begin the process of preparing them for a successful racing career. The initial track locations will be Emerald Downs in Auburn, Washington for the Spring/Summer meet (April—September) and Turf Paradise (October-April) in Phoenix, Arizona and Golden Gate Fields (October-June) in Berkeley, California for their Winter meets.
With your participation in a ZTR LLC venture, you will have full access to the stable area, complimentary passes to the Turf Club, paddock privileges and, with luck, a spot in the Winner’s Circle. We encourage partners to visit the horses, meet the trainers and jockeys, attend morning workouts, and enjoy the behind the scenes bustle of the thoroughbred racing world.
Financials and Purse Winnings
The goal of ZTR LLC and each partnership is for reasonable return on investment for our partners. ZTR LLC provides quarterly reviews of expenses and each partner receives a Form K-1 annually for each partnership.
Purse winnings are distributed to partners within 14 days of each race. First place horse owners generally receive 60% of the purse (depending on individual track); Second—20%, Third—10%, Fourth-6%, Fifth-4%. Trainers typically receive 10% of any purse earnings; jockeys earn 10% of a winning purse, 5% of second or third place purses, and a flat fee of $55 to $100 per mount for finishing off the board. ZTR LLC retains 5% of any purse earned for syndicate administrative expenses.
“I became a partner in Z Thoroughbred Racing because of Steve Z’s integrity to the sport.”
Z Thoroughbred Racing