“Ownership is like watching a child grow and progress into adulthood. It’s exciting as they are educated and mature and develop from a leggy prospect into an athlete, and you get to cheer them on along the way.”
- Jason Bridgman
What is the role of a horse trainer?
Jason regularly communicates with owners to update them on their horse's development. In
addition, he holds himself to an “honesty policy” in that he has a responsibility to advise you when it may be time to sell or retire your horse.
Having the best equine professionals to support the stable is also key to the integrity of Bridgman Racing. Jason works with top veterinarians, farriers and dentists to give his horses high quality care.
How do I obtain a horse?
Jason regularly attends sales and can be approached to purchase a horse for you. Each season we also have a selection of yearlings in which you can purchase a share according to your interest.
How much does it cost to enjoy horse ownership?
What type of ownership options are there?
As a sole owner, you own the horse outright. That means you are entitled to name your horse, choose its racing colours, and 100% of the prize money your horse earns. On the flip side, you will are liable for all costs.
Partnerships have the same perks of sole ownership, but costs are shared. Partnerships are
popular for families and friends who agree on a trainer, racing colours and the name of the horse. One person will need to be designated as the managing part-owner that acts as liaison and helps manage the horse with the trainer. Partnerships are a great way to enjoy the thrill of ownership with others.
A syndicate is often the most cost-effective way of entering racehorse ownership. A licensed
syndicator sells shares in horses they own, often a 5% or 10%. Syndicators must have an
Australian Financial Services License or be an “approved promoter,” which means they use
somebody else’s licence. Syndication is seen as a stress-free way of racehorse ownership because the syndicator takes care of all the paperwork and the cost of ownership is relatively inexpensive.The trade-off is less say in naming, deciding on racing silks or a trainer.
Leasing a horse has advantages. Firstly, there is no up-front purchase of the horse. Most leases are made available by breeders who wish to keep a horse to breed from at a later date and are happy for others to enjoy the benefits of ownership. You pay the training fees, enjoy ownership, and at the end of the horse’s career, they are returned to the owner.
Names & Racing Colours
Choosing a name and racing colours for your horse is one of the most exciting parts of ownership!
A race name (or registered name) often pays homage to breeding, a significant event or person in the owners life, or the owner’s sense of humour. For example, a lot of thought went into the naming of Caulfield Cup winner Elvstroem who is by Danehill out of Circles Of Gold who was out of Olympic Aim. Owner Frank Tagg wanted something to reflect both sire and dam so he asked the Danish ambassador who was his country’s most famous Olympian. He was told it was sailor Paul Elvstrom, a four-time gold medallist.
Depending on your preference, you can either design and register a set of your own colours (silks) or you can opt to race in your trainer’s colours. Syndicators often have their own set of silks which their horses race in – this is often the fairest option when multiple owners are involved.
What is the relationship Bridgman Racing has with its Owners?
What do Bridgman Racing look for in a racehorse?
disposition. Pedigree is also a key factor in selecting a horse. With his 20+ years of experience around the world, he is familiar with many successful racing families and the qualities that are key to that success.
What's a Day in the Life of Bridgman Racing look like?
Jason starts the day at 3:30 am and with a cup of coffee in hand, the barn lights flick on at 4 am. The team is exercised, washed, cooled down, rugged up and fed by 9 am.
Where are Bridgman Racing Located?
How easy is it to get involved in racehorse ownership?
What is the Ownership Experience like?
Ownership is a journey, hopefully with a lot of fun and moments of great pride along the way.
Is it better to own a Female or Male horse?
The truth is, it doesn't really matter. Let's break it down:
The Case for Fillies
Fillies have an advantage in that they can race against their own sex or in open company. In other words- they have more opportunities to compete.
Colts with the right pedigree have stallion potential if they can perform at a high level.
Colts are also valued for racing in Asia where Fillies are seldom raced. This increases their value as un-raced prospects and opens them to resale, if desired.
Are there any extra costs in owning a horse?
Extra costs can include insurance, farrier, veterinary care and supply, trial/race fees, transportation and physiotherapy.
To get started in horse ownership, Bridgman Racing have put together a guide to help you with all the relevant information and advice on becoming an owner for the first time.
When it comes to purchasing a horse for the first time, Jason can purchase a horse for you or offer you shares in young horses that are already a part of the Bridgman Racing team.
At Bridgman Racing, your horse will be put through a thorough education and training program to prepare them for racing. Once racing, they are carefully managed throughout their career.