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for instance, has had good luck with Maryland Hunt Cup winner Buck Jakes. “Most of my syndicates are less formal than Dogwood, more of a handshake among friends, but the benefits are the same. An owner is more happy to own a quarter of four horses than one horse solely. There are always peaks and valleys in horse racing, and the game is more fun if you have more than one egg in the basket. If one owner wants a $5,000 horse, that’s not going to be a world-beater. But if I pool him with three friends, for the same investment they can get a $20,000 horse who might be something special.”
As for specifics of syndication prospects, Fenwick said that he never syndicates cheap horses. “That compounds the problem,” he said. “You want quality at value, not cheap ones. I like my prospects to have some form on the flat, a few wins, maybe, and no visible problems. V^e don’t want to buy someone else’s problems for a group of new owners we're trying to get interested in the game.
“I like some size on the horses I select,” Fenwick added. “I’d hope that they can maybe run over limber after they race over hurdles, and so they’d need to carry some weight, But otherwise, just try and get the best quality for your money. Your owners want immediate action, so get sound horses ready to run.”
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