How It Works
What are the costs?
What else do I get for joining Crossover Racing?
Who can join?
Anyone! You don't have to have any prior ownership experience or even racing or horse experience. We would love to introduce you to racing!
How many horses are in the stable?
The 2022 stable has 8 horses, a mixture of differnt ages. A purchase grants you access to the entire racing stable.
What happens if a horse sells or retires during the season?
FUN - The thrill of owning a racehorse and all the privileges that come with it. Go from one of the crowd to cheering on your very own horse!
EDUCATION - Training center and stable visits, opportunities to learn about all aspects of top-level harness racing!
COMMUNITY - From weekly communication during the race season, to open houses and race day events, we are building a community of fans to share the fun with!
Each percentage is a one time fee of $600. That's it! This one time fee goes towards training bills and care for the horses in the stable. There are no other hidden costs or fees!
What financial return can I expect?
Racehorse ownership/leasing is speculative and risky. While the stable is managed with the goal of winning and making money, there is no guarantee of financial return. The 2021 stable made back $388 racing from a $500 investment. The main purpose of Crossover Racing is to provide a low investment, low risk, fun, entertainment package for our partners...and we think we do a good job of it!
What percent ownership is a share?
Each piece is a 1% of the stable. There is a limit of 100 pieces for sale. Crossover Racing leases 5% of each of the 8 horses from Diamond Creek. So each piece is 1% of the 5% of the horse, and this is what percent of the purse the partners will recieve. This helps us keep our members from having to pay owner fees and licensing. Once the horses start racing, we will send monthly updates of the accounting so you always know where you are at! If you have any question about this, please let us know before purchasing!
Because the horses are leased, when a horse is retired or sold, they will be removed from the stable. Members will not recieve payouts for horses that leave the stable.
How can I join?
Open enrollment for the 2022 stable will begin on December 1st, 2021! You can pay online with PayPal. There is a $15.00 transaction fee to use PayPal. The number of shares per person is limited to two. You can also contact us at email@example.com for an invoice to pay by check. There are a limited amount of spots availble so contact us before sending any money!
Contact us now! We are happy to answer any questions you have!
♢ We are an entity of Diamond Creek Farm, a premiere Standardbred establishment, a farm that hosts a world class roster of stallions and mares in their breeding program.
♢ Diamond Creek Farm has given Crossover Racing the opportunity to lease eight of their current racehorses for the 2022 racing season. Owning a share in Crossover Racing does not grant any official ownership of the horses.