Our team have been lucky enough to secure a ready to race 2 yr old filly, Enchaanted, under a lease arrangement from her owner. The bonus for leased horses there is no initial outlay to come on board. 

This filly is by Exceedance and is out of a So You Think mare, Lanyard. Her pedigree page incudes the likes of multiple Listed and Group Winner Houtzen who kicked her successful career off by winning her fist 4 starts including the famed Magic Millions 2-Year-Old Classic. 

Enchaanted's owner, Andrew Baddock of Baddock Bloodstock is a very experienced horse man and breeder, and we had success with leased horse through Andrew previously. Aureus Angel being our most recent success story. 

How a lease works

The Lessee is the temporary shareholder of the horse and is essentially renting shares by way of a paying portion of any prize money earned to the owner i.e. the lessee for a set period of time.

The Lessor (Owner) pays no on-going costs for the period of the lease and retains an agreed percentage of any prize money earned. In the case the agreement is line with industry standard of 20%.

The Lessees (temporary shareholders) are responsible for on-going costs eg Training, Spelling & other associated fees and split the remaining prize money (80%).

At the end of the agreed lease period the horse is returned to the Lessor (Owner).

If you would like to lease a share in this lovely filly or would like some more information, please feel free to contact me. 

Kind Regards
Paula Newnham
Munce Racing
paula@munceracing.com.au
0407 564 568