December 16, 2017
by Olivia Rutt.
The idea of owning a racehorse may just be a dream for some, but The Stable’s Amy and Anthony MacDonald are hoping to make it easier for people to get into the industry.
The Guelph couple is using fractional ownership to make standardbred racehorse ownership accessible to more people.
Anthony compares it to crowdfunding a horse: interested participants can buy shares of horses (one share is one per cent) available at thestable.ca.
Owners have a percentage of the expenses and a percentage of the earnings, based on how many shares they own.
“(The Stable) is the fastest growing fractional ownership site in standardbred racing,” said Anthony.
Since its inception in 2015, The Stable has grown from three horses to 62 horses, from zero employees to 16, and from three investors to 241.
Anthony is a driver and trainer and has been involved with horses his entire life. Amy, a University of Guelph graduate, has also been around horses for many years.
The couple trains over 60 horses at a barn they rent just south of Puslinch Township.
[Click here to continue reading full article…]