In this Newsletter
- MAJOR TOM makes it back to back wins in Singapore –
- Big Group One week for Fortuna
- Fortuna launches new Racing (Lease) Syndicate with Darci Brahma Filly
- Fortuna’s weekly tours to Te Akau Stud under way every Friday –
- Yearling Shares for Sale
Understandably, Fortuna Director, John Galvin was very happy with his charge; “We have always had a lot of time for this horse, he has a touch of class about him and this victory tonight has franked our opinion of him as the type of horse that could be very competitive in the Group One Singapore Guineas in May – Trainer Mark Walker has done a great job with him and we believe that he has a lot of improvement still to come,” he said.Major Tom was purchased privately by John Galvin in a deal brokered by Te Akau supremo,David Ellis. He is raced by an ownership group of 31 people, many of whom are now booking flight to be in attendance at Kranji May 14th for Singapore Guineas.
BIG GROUP ONE WEEK FOR FORTUNA FILLIES
After not having a Group One runner since November 2014 (Darci’s Dream 1000 Guineas – 2nd), it is somewhat of an embarasment of riches this coming week with two of the Fortuna Fillies tackling Group One events. Karaka Million winner, Melody Belle is first out of the blocks in theSistema Stakes at Ellerslie, a $200,000 race. She will be ridden by Michael McNab as Opie Bosson will still be serving a suspension that day. Attention then turns to Trentham on Saturday where 3yo Filly, Dame Margo Fonteyn tackles the Wellfield NZ Oaks for the prizemoney of $300,000. With Opie on duty in Sydney (Gingernuts in the Rosehill Guineas), NZ’s leading rider of Group and Listed winners for the season, Jonathan Parkes takes the mount. Well done to all connections – it is never easy to get a Group One contender and best of luck to you all.
FORTUNA LAUNCHES NEW RACING (LEASE) SYNDICATE – DARCI BRAHMA YEARLING FILLY
Lease Syndicates are always popular as it involves very little money up front and thus provides a great entry point for people.
Darci Brahma – Lady Classique Filly Yearling Filly
I asked Te Akau Co-Trainer, Jamie Richards to inspect this filly in the paddock at Te Akau about three weeks ago and here is he said’ “John, I had a look at the Darci Brahma – Lady Classique Filly in the paddock yesterday and I really liked what I saw. She is a well put together filly and looks like a natural running type that will probably race as a 2yo. Her legs and knees are good, she has a lovely walk and a nice temperament. I would recommend that we break her in nice and early and get her to the Te Teko trials in August and map out a racing plan from there.”
So, that is the plan and we are now offering Terms for this Racing Syndicate.
- The Syndicate will be governed by the normal Disclosure Statement and Syndicate Agreement
- A Lease Agreement will be in place – there is no cost to lease the horse, but there is a right of purchase at a sum of $40k – the Syndicate can exercise this right at any time – the way that works in practice is that if she were to win some nice races and thus have significant value either as a sale or broodmare proposition at a value greater than the right of purchase price, then the syndicate would exercise its right of purchase.
- The syndicate has the right to finish the lease at any time – if in the opinion of the Training Team, her racing prospects were not bright, then the Syndicate could decide to end the lease and hand the filly back to her owners
- These lease terms are all governed by a separate Lease Agreement – this document would from part of normal initial Disclosure material.
- Some working capital will be necessary, an amount of $3000 in total will be raised from syndicate Members.
- Ongoing costs equivalent to $180 per month from 1st April 2017 will be required to meet ongoing costs.
Let me know by email or call/text 021 921 460 if you would like to be part of this racing syndicate
TE AKAU STUD WEEKLY TOURS
These very popular tours are now well under way, with four having been conducted to date and a total of 52 Visitors enjoying the days out to date. Led by John Galvin, the participants meet at BP Ngaruawahia at 10.45am on Fridays and then travel in convoy out to Te Akau Stud to view the Fortuna 2017 Yearling acquisitions and take in the stunning pastoral scene that is the 4000 plus acres of David Ellis’ property in the historic Te Akau valley. Book in with me now by email or phone 021 921 460 for this coming Friday 24th March or subsequent Fridays – All welcome
YEARLING SHARES FOR SALE
REDOUTES CHOICE – VELVET AND SATIN COLT – NOW 100% SOLD
SEBRING- IRISH BELLE FILLY – NOW 100% SOLD
YEARLING FILLY BY DUNDEEL out of MIROVAYA (by Redoutes Choice)
A definite Broodmare Prospect at the end of her career
15% of Shares Left
DUNDEEL-MIROVAYA Yearling Filly – Karaka Premier Sale
Shares available right down to 1%
10% share $15,200 – 5% share $7,600 – 2.5% share $3,800 – 1% share $1,520.
Share price includes all Initial Costs – Purchase price, GST, Promoters Fees, Karaka Million Fee, Pearl Series Fee, Insurance through to 31st January 2018 and working capital of over $6,000
Share price includes all Initial Costs – Purchase price, GST, Promoters Fees, Karaka Million Fee, Insurance through to 31st January 2018 and working capital of over $10,000
Monthly Ongoing costs commence 1st April 2017 – $340 per month per 10% share – $170 per month per 5% share – $85 per month per 2.5% share – $34 per month per 1% share.
Contact John now 021 921 460 to secure your share
YEARLING COLT BY DENMAN out of LONDON REBEL (by Fastnet Rock)
10% of Shares Left
Denman – London Rebel Yearling ColtClick HERE to see a video clip of this lovely horse parading
Shares Available right down to 1% – as follows –10% share – NZ$12,500; 5% share – NZ$6,250; 2.5% share – NZ $3,125; 1% share NZ$1,250 – Ongoing monthly costs commencing 1st April 2017 of NZ$340 per 10% share, $170 per 5% share, $85 per 2.5% share and $34 per 1% share.
Shares include Cost of Horse, GST, Promoter Fees, Magic Million Fee, Transportation to NZ, Insurance to 31st January 2018 and Syndicate Working Capital of over $6,000
Fortuna Director, John Galvin