2023 Harrisburg Yearling Sale runs November 6 – 10 in Harrisburg, PA
The following details the TheStable.ca’s Harrisburg Partnership Program:
There are 5 buckets to choose from in the Partnership Program. There are 100 lots in each bucket. When you buy one lot in a bucket, you will own 1% of each horse in the bucket.
Note: No tax is charged on these shares. Shipping from the sale and the harness fee are included in the share prices.
• Bucket 1 – Low Cost High Upside: $30,000 CAD (buy-in is $300 CDN for one lot); there will be 1-2 horses maximum in this bucket.
• Bucket 2 – Mixed Yearlings: $80,000 CAD (buy-in is $800 CDN for one lot); there will be 2-4 horses maximum in this bucket.
• Bucket 3 – Premium Horse: $170,000 CAD Bucket (buy-in is $1,700 CDN for one lot); there will be 1 horse maximum in this bucket.
• Bucket 4 – Trotting Colts: $100,000 CAD (buy-in is $1,000 CDN for one lot); there will be 2-4 horses maximum in this bucket.
• Bucket 5 – Trotting Fillies: $100,000 CAD (buy-in is $1,000 CDN for one lot); there will be 2-4 horses maximum in this bucket.
How to purchase lots
Clients may purchase lots in a Partnership Program through their accounts at TheStableca.com
If you have an account credit, that credit will be automatically applied against your purchases.
People who are not existing clients but wish to become a client by purchasing a lot in this Partnership Program may do so by clicking BUY NOW on the profile of the bucket they wish to buy into at www.thestable.ca/the-horses
These purchases are binding. If you wish to sell your lot, you may do so on the Private Market at any point before the yearling sale begins.
Once the yearling sale begins, the Partnership Program will close.
Private Sale transactions for all horses purchased in the sale will be put on hold until we have cleared the next billing cycle.
After the sales
These Partnership lots represent a 1% ownership share in each horse in that particular bucket. Upon completion of the sale, that Partnership will be dissolved and shares of the horses assigned to the bucket will be distributed directly to the members of the Partnership.
In addition, participating members of the Partnership will also be able to purchase additional shares (should any remain) of the individual horses in the partnership before they are released to the rest of TheStable community and the general public.
Frequently Asked Questions
Do I still have to pay monthly fees?
Yes, you will have to pay monthly fees for each horse included in the bucket
for which you purchased a lot. These Partnership Programs only cover the
purchasing of shares, not the monthly costs associated with the horse.
Do I still have to get licensed?
Prior to the horse’s first qualifying start
you will have to obtain a national membership (USTA or Standardbred Canada).
Depending on the licensing rules in the jurisdiction where the horse will race,
you might be required to purchase additional licensing.
I currently have an account credit. Will that be applied to this
purchase?
Yes.
Is there HST?
HST is not currently charged on any horse purchased from a U.S. entity.
What happens if you don’t spend the budget?
Any remaining funds will be credited to your account.
Who decides which horses go into the buckets?
Anthony MacDonald will decide which horses are assigned to each bucket.
When will I know which horses are going into which buckets?
Anthony will determine which horses are being assigned to each bucket after the
yearling sale has concluded. We will email all clients to advise them and
transfer the shares into the accounts of the clients who participated in the
Partnership Program. This process can take a few days.
Questions? For horse-specific questions, contact Anthony MacDonald (519) 400-4263 anthony@thestable.ca
For general questions about this program contact kelly@thestable.ca