ADMINISTRATIVE MANAGEMENT FULLY ENSURED BY
ARQANA RACING CLUB
In order to enable you to concentrate exclusively on the good times, ARQANA Racing Club will take care of all the back office. This managerial aspect also covers the following functions:
- Administrative management of the syndicate and legal responsibility with regard governing body France Galop.
- Accounts (supplier invoices, sharing out prize money and income from horse sales, treasury, declaring tax, reporting to shareholders) with the support of an accountancy firm.
- Managing syndicate horses’ race careers (liaising with trainers and approving their decisions, liaising with syndicate members).
- Communication and hosting (information regarding the syndicate horses, greeting you at the racecourse in case of a runner and organising events exclusively reserved for syndicate members).
A LIFESPAN OF APPROXIMATELY 2 YEARS FOR EACH SYNDICATE
Each syndicate has a limited lifespan in that as soon as the syndicate is created it is programmed to be dissolved at the end of the three year old career of horses bought as yearlings. This cycle corresponds to the normal career of a thoroughbred racing on the flat and means that as an owner you will know precisely at which time the syndicate will be dissolved and you will then receive the net proceeds from the sale of each horse. It can however happen that the partners would like to keep a horse in training which has shown ability for an extra year. This is an option included in the syndicate statutes and the personalised nature of ARQANA Racing Club’s management, which is in the best interests of its shareholders.
Each syndicate is created for a limited period with all the horses in theory being sold at the end of their third year. At this time, colts and geldings will be entered in one of the horses in training sales organised by ARQANA. The fillies, which above all have a value as future broodmares, can be entered in either the horses in training sale or the breeding stock sale. The horses will be entered by the ARQANA Racing Club manager who will do so following a majority vote by the syndicate members.
It can happen that the syndicate decides to sell one of its horses during its career, if for example, one of the syndicate horses has a particularly high value thanks to its performances and is the object of a private offer. ARQANA Racing Club will in this case act as an advisor in order to enable its members to consider every aspect of the offer.
RESALE OF THE HORSES AND DISSOLVING THE SYNDICATE
The price of each share in the syndicate is calculated so that each syndicate member only has to pay once, when the statutes are signed, taking him right up until the syndicate is dissolved. It is calculated to cover all the costs of the syndicate from buying the horses to racing and training costs (board, veterinary, blacksmith, transport, entries, etc…).
The prizemoney won at France Galop is credited to each syndicate account and is redistributed throughout this adventure. Syndicate members will therefore receive their share of the prize money as well as the net gain from the sale of each horse.
Accounts for each syndicate member are managed by an independent accountancy firm in order to ensure complete transparency vis-a-vis all the co-owners.
PREPARE YOURSELF FOR
SOME GREAT THRILLS,
YOU ARE NOW
A RACEHORSE OWNER
By owning a share in one of the ARQANA Racing Club syndicates, you will experience all the key moments in the life of an owner: buying horses at the sales, breaking, training and of course the racing itself. If the races themselves represent the end goal, it is also very often behind the scenes of racing that owners really catch the bug and become truly passionate about the sport.
At the head of Goffs France where he was Managing Director for a decade, Eric Hoyeau has managed to develop each segment of the market which were until then very much under exploited in France and has been successful in diversifying the agency‘s activity by buying Trotting Promotion, one of the two auction houses in France selling trotting horses. When Goffs France and the Agence Française merged in 2006, he naturally took over the reins at ARQANA when it was created. It has been under his leadership that this ‘new’ sales company has been so strongly developed.
Pauline Boulc'h Mascaret
Following a degree in marketing techniques and a Bachelor of Honours in England, Pauline Boulc'h Mascaret studied a ‘Specialist Masters in Equine Science and Management’. She then joined the marketing and communication department at ARQANA in 2012 before taking responsibility for the ARQANA Racing Club when it was launched.
THE PROFESSIONALISM AND EXPERTISE OF ARQANA
FACT & FIGURES
sales each year
Deauville : historic headquarters where sales have taken place since 1887
As well as Saint-Cloud, Vincennes et Cabourg
in turnover each year
3,600 horses sold
WHO ARE WE ?
The leading auction house for racehorses in France and second leading player in Europe, ARQANA was created in 2006 as a result of the merger between the two French companies Agence Française de Vente du Pur-Sang and Goffs France. This merger largely happened under the drive of a group of investors including His Highness Aga Khan, illustrious racehorse owner breeder and the Artcurial group, which a subsidiary of the Dassault group.
In just a few years, the sales agency has witnessed exponential growth and the group now numbers ARQANA (thoroughbred sales), ARQANA Trot (trotting sales) and ARTCURIAL Deauville (fine art sales).
renowned sales complexes
Traditionnally run on each first Sunday of October at Longchamp, The Qatar Prix de l'Arc de Triomphe was crowned best race in the world in 2015, being the apotheosis of the racing season with the highest prize-money allocated.
For all racegoers, it is the highlight of the year, watched by over 60,000 spectators on course
and 1 billion viewers worldwide.
Held on the splendid racecourse of Chantilly, the Prix de Diane is more than a race. This is THE rendezvous to crown the best three-year-old filly over the course of 2,100 meters, on a special day of a mingle of grace, elegance and feminity.
During the month of August, Deauville is the epicenter of the racing world.
With the yearling sales famous worldwide, the racing meeting punctuated by numerous high-class contests, the polo tournaments and the horse jumping contests, all Deauville lives at the rythme of horses during four intense weeks.
One of the essential aspects of the ARQANA Racing Club concept is to fully take responsibility for the management of each syndicate. Because as a “young” owner you will not hold all the keys for taking on the management of your stock and because we would really like this first experience to be synonymous with fun, we offer you a package which is both complete and professional.
NOTHING BUT FUN
Breeding - an entirely separate universe, far from the furious activity of racecourses. Obtain exclusive access to these majestuous properties and discover the calm of these beautiful studs where future champions are bred and raised. Learn how breeders select their broodmare bands, choose their meetings and how a thoroughbred is raised with a racing career in mind.
DISCOVER THE MOST BEAUTIFUL PRIVATE STUDS IN NORMANDY
Discovery racing, follow your horses and experience some of the greatest events
in the French racing calendar from the best seats in the house.
OF THE RACING WORLD
Though the «pleasure» element is part of the ARQANA Racing Club’s DNA, the educational element is also a huge part of it as your passion for the sport will increase as you start to really get to grips
with the workings of this complex, yet fascinating universe.
As a member of the Club, you will be given VIP entry to all the most prestigious race meetings, you will discover some of the most beautiful private studs in Normandy,
you will meet some of the greatest racing professionals, etc.
Now comes the most eagerly anticipated moment, the one which words can barely describe. Whether one has been an owner for just a week or for a whole lifetime, whether one has a stable of 150 horses or is just sharing a horse, whether the race is a prestigious one or a more modest one, each win provides a totally unique and delicious adrenaline rush. That is the day you realise that you don't necessarily need to be in the saddle in order to enjoy all the thrills associated with winning.
THE TRAINER, THE KEY PERSON IN THIS SET UP
Following a brief stint of breaking and pre-training, your horses will go into training with your trainers. The latter has the responsibility of developing each equine athlete, of teaching him his job and getting the best out of him by finding his true potential and his aptitudes.
ARQANA Racing Club organises regular training visits. Set your alarms, put your boots on and come to the track on the quiet early first hours of the day to watch their canters in the company of your trainer. These rendezvous to the sound of thundering hooves are also great opportunities for discussing things with your trainer, understanding his way of working and for hearing him speak about his ambitions for each one of your protégés.
It is the trainer who is responsible for the personal development of each horse and who will best be able to manage his sporting career. ARQANA Racing Club selects its trainers according to several criteria: their performance over the last few seasons, the results obtained with horses they have bought and their ability to interact and to pass on their passion to the syndicate members.
Once selected, ARQANA Racing Club aims to respect their trainers’ decisions on how each horse’s career should be managed: “In which race he should be entered”, “Over which distance”, are all decisions which are their responsibility. The syndicate manager, in his role as racing manager, makes sure that the decisions made by the trainer are in the syndicate members’ best interests.
Get to know your horses!
Once the syndicate has been created and the first purchases have been made, the ARQANA Racing Club invites you to go and see your horses for the first time in training. Each horse is then presented to you in great detail, as are the objective and subjective reasons which motivated the trainer to choose them.
And as the owner, you have the pleasure of naming your horses and designing the silks for the syndicate.
FROM DREAM TO REALITY
"As director of ARQANA, leading auction house for thoroughbreds in France, I have often noticed that being a racehorse owner is without doubt one of the most fascinating experience possible, but also one of the least accessible.
ARQANA Racing Club is offering you the best conditions possible for turning your dreams into reality.
Rolling out the red carpet of this exciting sporting universe while giving you all the jeys to understand it better and therefore enjoy your experience as a "young owner" to the max, that is the mission which drives ARQANA Racing Club and the commitment that we make to you.
Eric Hoyeau, CEO of ARQANA
OUR AMBITION :
TO MAKE YOU EXPERIENCE UNFORGETTABLE HIGHS
ARQANA Racing Club rolls out the red carpet for your greatest pleasure
Though buying yearlings (thoroughbred horses aged around 18 months) is a rather specialist affair entrusted to the syndicate trainers, you will be welcomed in privileged circumstances for this fascinating first leg
of your journey.
IT IS HERE, IN DEAUVILLE, THAT IT ALL BEGINS!
By witnessing the sale alongside your trainer, you will be able to observe and understand how he attempts to seek out the athletic potential among the young horses on offer in order to unearth a future champion. You will also be able to discover the economic dimension of this activity. With a turnover of between 40 and 50 million euros each year for sales dedicated to yearlings (August, October and November) ARQANA is one of the biggest exchange platforms between breeders and owners in Europe.
ARQANA Racing Club's ambition is to make you experience ownership at the highest level. For this reason, purchase are focused primarily on ARQANA yearling sales, which are renowned worldwide. These sales, which offer unraced young horses, have produced a huge number of top class horses. For owners who do not breed their own it is the best reward for purchasing these horses.
THE DETAILED BUYING POLICY
Buying a yearling is a professional matter based on a mixture of objective criteria (pedigree, conformation, etc) and other more subjective criteria. Buying horses is entrusted to the trainers who will go on train them for the syndicate. Their ability to 'buy well' is actually on the selection criteria when each syndicate is created. They receive no financial reward for purchasing theses horses.
The day of the race arrives. You are met at the racecourse by the ARQANA Racing Club team. A visit to the stables to ensure that your horse has travelled well and is in good form, a quick study of the runners in the race in order to evaluate his chances… and you are now in the middle of the parade ring. Accompanied by your trainer and your jockey, you will listen to the ‘orders’ given to the rider and will be privy to all the inside knowledge on the intended race tactics.
The jockey is legged up and the horse takes his first steps on the track. You will now go to the owners’ stand, check your binoculars ...
“Under starters orders… And they're Off!”
KNOW EVERYTHING ABOUT YOUR HORSES IN REAL TIME
Nothing is more important for an owner than being perfectly kept up to date with any news concerning his horses and it is for this very reason that ARQANA Racing Club has made this one of its leitmotifs.
ARQANA Racing Club has developed a unique Members’ Only website exclusively for its syndicate members, which it has named My ARQANA Racing Club and which is accessible at any time from a computer, a smartphone or a tablet. Within this space one can find every bit of information related to the syndicate: twice monthly training reports, detailed pre and post race reports, entries and results, invitations to exclusive events, syndicate news, photos, videos, etc.
For quick and easy access to all information relating to the syndicate, ARQANA Racing Club has also developed a modern newsletter, optimised for all media (computer, tablet and smartphone).
You would like to live the exhilaring emotions experienced by racehorse owners? By owning a share in one ot the ARQANA Racing Club syndicates, you will take your first steps as a racehorse owner, getting a taste of the unique adrenalin rush of racing and immersing yourself behind the scenes of this fascinating universe.