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Magdalena Racing Partnerships Kept Simple...

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Pedigree

Pleasant Harbor

09/18/2024 Purchase by admin

Filly Sire
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How It Works

Magdalena Partnerships can take owners on the journey of a lifetime. Horses are typically split into 20-25% co-ownership shares. Expenses are transparent and are split by ownership percentages. Race winnings are also distributed by owner percentages.

First Time Owners

Access to race tracks as an owner to experience first-hand the races, workouts, backstretch activities, and unique track energy. Access to Magdalena Farm where you can view your horse as it trains on our two-mile European style grass galloping track.

Racing Commitment

At Magdalena Racing Partnerships, our philosophy has always centered on our belief that clients should be treated with respect, honesty, and integrity. we are committed to stand by our interactions with you, and that these will always be fair and honest.

Magdalena Partnerships

MAKING IT SIMPLE:

Owning a racehorse through a partnership allows people to participate in the greatest game in the world at the level they feel comfortable and with the lowest possible risk to that investment.

Magdalena Racing retains 10% – 20%

Magdalena Racing typically retains a 10% to 20% stake in each horse, aligning their interests with co-owners to ensure a shared commitment to the horse’s success.

Complete access

As a co-owner with McPeek Racing, you’ll enjoy complete access to our premier facilities, including Magdalena Farm, as well as top racing venues such as Saratoga, Belmont, Keeneland, and Churchill Downs.

20% Minimum Co-ownership

With Magdalena Racing, you can enjoy the thrill of racehorse ownership through a minimum 20% co-ownership stake, giving you a significant share in the horse’s success while sharing the costs and responsibilities.

No Management Fees

Magdalena Racing offers transparent ownership with no management fees, ensuring that all costs go directly towards the care and success of your racehorse.

Owner Concierge Services

Our Owner Concierge Services provide personalized support, catering to all your needs, from race day arrangements to behind-the-scenes access, ensuring a seamless and enjoyable ownership experience.

Horses trained by Kenny McPeek

All horses are expertly managed and trained by Kenny McPeek, a seasoned professional with over 30 years of experience in the racing industry.

Independent Accountant

An independent accountant handles all taxes and financial reporting, ensuring transparency and peace of mind for all co-owners.

Best Return in the Business

Magdalena Racing consistently delivers one of the best returns on investment in the business, combining expert management with a proven track record of success on the track.

MAGDALENA RACING PARTNERSHIPS KEPT SIMPLE

Why choose Magdalena Racing? There are two operating principles that set Magdalena Racing apart: our "partnerships" are actually co-ownerships, and the Trainer and Equine Manager, Kenny McPeek, typically owns a 10-20% share in each horse.

Magdalena Racing horses are comprised completely of ownership share percentages which protect co-owners from being held liable for the act of any other co-owner, unlike a true partnership.

Additionally, Magdalena Racing's horses are managed and trained by Kenny McPeek, who traditionally owns a 10-20% share of each horse. Thereby giving owners confidence and trust that each and every horse is trained and managed properly. "Buying into the partnerships is a very good way to diversify your risk and diversify the expense," McPeek says. "It's also a really good way to learn about the business in the beginning for those a little tentative about getting involved in horse racing and learning all the details. You have to have a group of horses to be successful; you can't just do it with one."

Transparency is important at Magalena Racing. Owners receive regular updates on the progress of their horses' works, proposed race schedules, veterinary visits, and horse management decisions. Taxes, bookkeeping, and distribution of monies are all handled through an independent accounting firm, ADT Services.

Rory Callis, Bloodstock Agent, elaborates on what McPeek says. "People should be unafraid." he says. "The Thoroughbred business has always been considered the Sport of Kings. Over the years, though, it's evolved to where we are now, with public partnerships, so the everyday working people, like the people involved with Noble's Promise, can enjoy horse racing despite not having the kind of money to go buy race horses. Partnerships make it much, much easier for people to participate in horse racing."

Owners with Magdalena Racing Partnerships have access to our facilities including Magdalena Farm, Saratoga, Belmont, Keeneland, Churchill Downs, etc.

CONTACT US NOW