Owner of the Month award for October goes to Mark Lampshire who had wins with Barshonti, Tongsai Boss and Stalagmite. We contacted Mark for some more information on his racing background and his comments follow:
Hi Richard, Wow very pleased to have been selected but very humbling as a small player in the ownership stakes. I have been interested in Horse racing for many years and 5 years ago, I decided that I wanted to get into horse ownership and decided that hobby syndication was the way to go. I convinced 9 of my mates to purchase a share in 2 horses, to be trained by John Hyam.
I had known John through other racing friends for some years, and this seemed a logical start. Winning Legs Racing No 1 syndicate was formed and our first winner, was with a horse called Ixcatan, trained by John, and the other horse in the syndicate was called Bangarang.
Over the next 5 years to today I have set up and manage 6 hobby syndicates, where I now own shares in 12 horses spread over 40 people. 3 of the syndicates have horses trained by John Hyam, and the horses in the other 3 syndicates are trained by Richard and Chantelle Jolly. Seven of our horses have raced and the other five are younguns, which will potentially commence their careers over the next 4 months, so our new syndicate members, are waiting with high anticipation, and expectation!
Over the last month, John Hyam has trained 3 winners, Tongsai Boss, Stalagmite and Barshonti, which have provided 2 of the Winning legs Racing syndicates with winning results, and some welcome prizemoney back into the syndicate bank accounts. Stalagmite and Barshonti are developing into stayers, and Tongsai Boss has been very exciting with 4 wins and $150,000 in prizemoney. Another of our horses Schilldora, trained by the Jolly stables, has won 4 starts in a promising beginning to her career.
All syndicates are registered, with their own bank accounts and TRSA were very helpful in advising all I needed to do to comply with the rules of syndication. Spreadsheets provide all the syndicate owners with the financial position of the syndicate, and the stables together with myself provide email updates to all owners of the progress of each horse.
Hobby Syndication is the cheapest and easiest way to get into the buzz of horse racing ownership, it just needs to be managed efficiently and transparently for all the owners in the syndicate. Collecting monthly and or quarterly training fees from all can have its challenges at times, but it does all work.
The winners lately, with of course more to come!, make it all very enjoyable for everyone and makes everyone feel part of the action.
I have already got potential for at least 2 more syndicates in 2020.
Mark makes a very good case for getting involved in racing with small hobby syndicates like his and the recent results for his horses go a long way to demonstrating what owning a racehorse can be like.
Looking at the three winners for September, the stand out is surely Tongsai Boss (by Street Boss) has now won 4 races and a touch over $150,000 from only 17 starts. He looks to have the ability to go over some ground so we may not have seen the best of him yet.
He is out of a Desert Prince mare Tongsai Bay who was unraced. It is fair to say that Tongsai Boss is far and away the standout progeny of the mare. The granddam Macrosa (by Mr McGinty) however produced a stakes winner and the star of Sungapore racing of his era, Rocket Man (by Viscount). He won Group I races in both Dubai and Singapore as well as a Group 2 in Hong Kong and a total of 20 wins from 27 starts mainly in Singapore. With the success of Rocket Man most of the mares other progeny went to Singapore but none reached the same levels of success.
Stalagmite is by So You Think from a Flying Spur mare (Crystal Spur) and has taken a while to reach her best, winning her maiden at her 14th start. She had however previously placed over longer trips and this would definitely seem to be her go.
Her dam was unraced and has so far produced two other named horses, one which has not yet raced and the other has placed once from only two starts.
The granddam is Tarcoola Diamond (by Last Tycoon) who won five races and has produced a stakes winner in Cluster (by Fastnet Rock) who won the Group 2 Theo Marks Quality at one of his three wins. She is also the dam of Diamond Jim (by Encosta De Lago) winner of 8 races and over $400,000.
Barshonti is by Gio Ponti, a Tale of the Cat stallion who stood one season in Australia out of a Redoute’s Choice mare Barsha. Barshonti is a six year old who has races 43 times for three wins and nine placings amassing stakes of just shy of $80,000. He again seems to appreciate a longer journey with the three wins all being over 1900 metres or more.
His dam Barsha won one race from eleven starts. Most notable amongst the horses she has also produced are the three time winner Sarawak (by Hussonet) and 10 time Singapore winner Good Gift (also by Hussonet). Her mother Apparel (by Barathea) is the dam of the listed Widden Stakes winner Georgette Silk.
It’s great to see success coming to Mark and his fellow syndicate members and wish them continued success in the future.