New Syndicates & Partnerships to Race

NEW SYNDICATES & PARTNERSHIPS TO RACE IN 2015

THE CHELSEA THOROUGHBREDS TEAM

JAMES RAMSDEN RICHARD MORECOMBE

James is from a Richard, has had Photo renowned racing Photo a successful city family through & career & is CEO through and has & co-founder of himself enjoyed Stockbroking & considerable luck Investment Banking & success as a racehorse owner business Whitman-Howard. Aside - winning some of the countries from being an original founder & biggest handicaps. active partner in The Sydney Arms & related businesses, he has a huge He is co-proprietor & founder passion for horse racing over the of The Sydney Arms & Sydney last 25 years being an owner or Arms Racing Club having worked part owner of over 125 winners in hospitality & management including those at Group & Listed internationally for over 20 level. He is a personal friend of all years since leaving Swiss Hotel our selected trainers & presently has Management School. an interest in horses with them all.

INTRODUCTION

Following on from our inaugural, annual As this first year progresses we will Summer Champagne & Pimms launch constantly be on the look out for older party in the heart of London’s SW3, we, proven horses to add to our fire power at Chelsea Thoroughbreds are delighted and ensure that Chelsea Thoroughbreds to present to you, our first year’s exciting is regularly represented at racecourses partnerships, as we head to the upcoming not just here in the UK but further a field Autumn yearling sales; laid out in the where opportunities may arise. These will pages of this brochure. be strictly offered on a first come basis, as with all shares in any of our partnerships. James Ramsden & Richard Morecombe have been involved in all aspects of The website www.chelseathoroughbreds.com horse racing for most of our lives and is now fully operational and will give you have brought our combined experience more background information on all of together, for this unique venture. Chelsea us involved in Chelsea Thoroughbreds Thoroughbreds will enable not just and what we have planned for the year current racehorse owners who have ahead, with unique opportunities to horses in their own names/partnerships, enjoy your racehorse ownership with but also people who are new to the sport, like minded individuals, both socially to benefit from their joint huge wealth of and professionally, that only the world experience & connections throughout the of thoroughbred horse racing can bring industry. together. We are proud to be differentiated from other successful racing clubs, in that Chelsea Thoroughbreds will be very we place you, the owner, at the heart of much as its name suggests, a London everything we do and stand for. based Racehorse Ownership “Club”, aiming to make every part of a Chelsea Thoroughbreds is your personal shareholders Thoroughbred investment equine & thoroughbred concierge service an exclusive, pleasurable & five star and should you have any questions or managed experience - all based in the queries then do get in touch, as we’d be heart of Chelsea. very happy to answer any questions you may have. As our first year of bloodstock approaches, we have chosen a “Cote d’Azur” theme to We look forward to welcoming you name each partnership which will identify & do hope that one or more of these the name of the trainer, the number of partnerships will be as eye catching to shares available and the price per share. you, as they are to us.

We could not be happier with the line up Here’s to a fabulous 2015. of trainers we have on board with Chelsea Thoroughbreds, as not only are they at Yours, the top of their respective professions, but are all personal long standing friends with us both. As Chelsea Thoroughbreds progresses we will be looking to add to that impressive list with further top & James Ramsden & Richard Morecombe respected names that we know and rate. THE SAINT TROPEZ PARTNERSHIP

It was initially Bridgette Bardot that put “St Richard, 38, moved into the pilots seat on Trop” (as the locals call it) on the jet set hit the 1st January this year when succeeding list. Originally for the well to do Parisian and his father as boss of the two power house a playground for the worlds rich & famous yards at Herridge & Everleigh near soon after, this little fishing port hasn’t Marlborough. Richard is certainly no looked back since. “B.B”, the generational rookie having been an integral part of the film & 60’s style icon, was a rule breaking team over the past 12 years as assistant. The & countercurrent spirit who was a sensual Hannon’s have been Champion trainers for promotor of the bikini on the beaches of 3 of the past 4 seasons and Richard has a Pampelonne, becoming a famous symbol of great chance of being Champion trainer St Tropez & still in possession of a lovely within his first couple of years in charge villa in La Madrague having already notched up his first Classic winner with Night of Thunder in the 2,000 We are looking to Richard Hannon to Guineas at Newmarket and a handful of team up with master bloodstock agent Ross winners at Royal Ascot to boot. Doyle and provide you with two seriously nice colts. We feel that this syndicate, Any owner visiting their horses can be whilst the most expensive, will optimise any extended a fabulous “home from home” shareholders chances of success with this welcome by Richard’s wife Jemima and all double hand of equine talent. the team at Herridge. A stiff test up the hill at Richard Hannon’s Herridge gallops

Number of Horses 2 Approximate Cost of Horse 30,000 & 60,000 Guineas

Number of Shares 10 Cost Per Share £16,995 plus VAT *

Second Year Cost for 3 year old career £8,495 plus VAT *

Trainer Richard Hannon

* NB: All VAT recoverable THE JUAN-LES-PINS PARTNERSHIP

Juan-les-Pins started when a successful and still is, a very popular shopping and Nice restaurateur, Edouard Baudoin, party resort location. Its standing became decided he wanted to create a party town even more secure when the first annual Jazz like he had seen in a Movie about Miami. Festival was staged in 1960, bringing in top- At the time, what is now Juan-les-Pins was name performers such as Louie Armstrong, virtually nothing but fir trees (hence “Les Miles Davis, Ella Fitzgerald, Duke Pins”) and sand. Baudoin purchased the Ellington, Sarah Vaughan, Ray Charles, Al area’s extremely run-down casino, and Jarreau, and many others. began extensive renovations and attracting the attention of Frank Jay Gould from a Charlie Hills, 35, has been lucky enough to notorious American crime family at around work closely with many Classic & Group the same time. On his urging the area was winners as assistant to his father Barry. In improved with roads, utilities, and sewage 2013, in his first year under his own name, systems. By the 1930s, the area was inviting Charlie trained his own Classic winner enough that hotelier Boma Estene began a with Just The Judge in the Irish 1,000 project that resulted in the luxurious Belles Guineas for a combined ownership team Rives hotel. of Qatari Sheikh Fahad & the Sangster family. Further group winners came flowing The area quickly grew in popularity, due in throughout the year, culminating in a quite large part to the casino, which drew crowds breathtaking performance in Breeders from both Cap d’Antibes and Cannes , Cup winner Chriselliam at Santa Anita. including big-name celebrities such as Faringdon Place just outside Lambourn has Coco Chanel, Scott Fitzgerald, Douglas 150 horses at Charlie’s disposal, some of Fairbanks, and Rudolf Valentino, inspiring the most modern facilities in the area. the whole ‘Great Gatsby’ scene. Pippa & Charlie will always guarantee a Though Juan-les-Pins never became as home from home welcome when you pop prestigious as some of its neighbours, it was, by to see your horses. Up the Lambourn Gallops at Charlie Hills’ Faringdon Place

Number of Horses 1 Approximate Cost of Horse 60,000 Guineas

Number of Shares 10 Cost Per Share £10,995 plus VAT *

Second Year Cost for 3 year old career £4,995 plus VAT *

Trainer Charlie Hills

* NB: All VAT recoverable THE CAGNES-SUR-MER PARTNERSHIP

This town was the chosen resting place for over a decade having succeeded his for the artistic maestro Pierre Renoir, father in 2003. The family history in although now famed for its seafront racing runs so deep it can even boast 4 “Hippodrome”, the racecourse itself Grand National winners from the early wasn’t up and running until 1952 & is still 1900’s. There’s nothing Andrew hasn’t a unique & very special racing venue. experienced in racing having been an amateur jockey winning 20 races before a Nestled between Nice & Antibes a visit to career in training came calling. Group 1 this racecourse has to be on any serious successes in England, Dubai, Hong Kong racehorse enthusiasts list of courses to & Canada sit nicely along side his Classic attend. Oaks winner Casual Look at Epsom in just his ﬁrst year of training, 2003. Andrew Balding, 41, is heading this Andrew has an impressive 175+ horses partnership for Chelsea Thoroughbreds. and along with his wife Anna Lisa make any visit very special to this magical place. Andrew has been in charge at Park House Stables in Kingsclere, near Newbury Speed work on the grass gallops Andrew Balding’s at Park House stables, Kingsclere

Number of Horses 1 Approximate Cost of Horse 60,000 Guineas

Number of Shares 10 Cost Per Share £10,995 plus VAT *

Second Year Cost for 3 year old career £4,995 plus VAT *

Trainer Andrew Balding

* NB: All VAT recoverable THE CAP FERRAT PARTNERSHIP

Overlooking the long snaking peninsula season as a trainer & 3rd at Kimpton Down of Cap Ferrat from above Beaulieu - an Stables near Andover, with his 14th season incomparable vista over this most privileged having been his best to date. of places. The chic yachting harbour of St Jean balances the exclusive villas that A multiple Classic winner including an occupy either side of the spine, looking incredible 1 - 2 in the 2013 Epsom Oaks east to Monaco or west to the deep-water emulated the great Sir Noel Murless’ harbour of Villefranche. A golden triangle. achievement 41 years previously & helped him to accumulate over a million pounds For a century the Cap has been home to in prize money. Group winners have come some of the most wealthy people on Earth in both Europe & the UK and a wonderful - European royalty, ﬁlm stars, writers, Breeders Cup winner in 2008 with industrialists & socialites and was home Muhannak at Santa Anita. to The Rolling Stones during their self emposed tax exile. With125+ boxes now at his disposal & Izzi Beckett on hand to keep our visits as relaxing David Niven is probably the Cap’s as a drink with David Niven himself, there is smoothest former resident who originally surely only more of the same to come. purchased his stunning house from Charlie Chaplin in 1960. We will be looking to Ralph to purchase a nice early type of ﬁlly with an eye to run at Ralph Beckett, 43, is therefore the ideal Royal Ascot, if ready in time. man for this Partnership who is in his 15th First lot go out at Ralph Beckett’s Kimpton Down stables

Number of Horses 1 Approximate Cost of Horse 50,000 Guineas

Number of Shares 10 Cost Per Share £9,995 plus VAT *

Second Year Cost for 3 year old career £4,995 plus VAT *

Trainer Ralph Beckett

* NB: All VAT recoverable THE ANTIBES PARTNERSHIP

The town of Antibes is a perfect, picture- Brian Meehan, 46, will be heading up this postcard seaside resort hugging the shores artistic partnership who trains out of the of the Mediterranean between Nice & Historic Manton yard with about 100+ Cannes.16th-century ramparts cluster horses. He has sent countless Group & around the old town of narrow cobbled Listed winners out from this remarkable streets, the flower and vegetable market yard and notched up an astonishing and the old port. Antibes grew from the double in his first year there, by winning ancient Greek trading port of Antipolis, two of worlds most valuable races in the was heavily fortified by Vauban in the Dubai Duty Free in Dubai itself & The 17th century and in the 20th century Breeders Cup Turf in the USA, netting became the favorite town for, among a staggering £2.8 million in prize money many other artists and writers, Picasso, and topping this achievement off with Nicolas de Staël and Max Ernst and the the coveted “International Trainer of novelist, Graham Greene. It is of course the Year” award. Brian’s no nonsense, home to the largest collection of Picasso’s straight talking approach to training, has works at the self titled museum. won him many fans over the years, us included. Early morning mist on the gallops for Brian Meehan’s first lot at Manton

Number of Horses 1 Approximate Cost of Horse 60,000 Guineas

Number of Shares 10 Cost Per Share £10,995 plus VAT *

Second Year Cost for 3 year old career £4,995 plus VAT *

Trainer Brian Meehan

* NB: All VAT recoverable QUESTIONS & ANSWERS

It is our aim to make Chelsea Thoroughbreds as transparent, simple & fun as possible & have put together this brief Q & A for your perusal. Please do not hesitate to contact us should you have any further queries or questions.

WHAT DOES CHELSEA THOUROUGHBREDS DO ? We put together & manage different named racing partnerships & syndicates, to bring together groups of like minded people to share ownership of racehorses.

HOW MANY PEOPLE ARE THERE IN EACH PARTNERSHIP / SYNDICATE ? This will depend on the cost of the horse, but usually between 8 to 12 people. You will ﬁnd this shown on each partnership & syndicate listing.

HOW MUCH DOES A SHARE COST ? Once again this is dependent on the price of the horse & number of shareholders, but can range from £5,000 to £15,000 with a much lower cost the following year(s) to just cover the training fees etc...

ARE SHARES SOLD WITH VAT ? Yes, VAT is charged on each share but is reclaimed by Chelsea Thoroughbreds & paid back to the shareholder.

WHAT MAKES CHELSEA THOROUGHBREDS DIFFERENT ? We are unique because we have a “Club Base” that will welcome you seven days a week in The Sydney Arms, just off the kings road in the heart of Chelsea, London. This means we are able to regularly host Club gatherings. We also have great personal friendships with all of our trainers and everyone we deal with attached to Chelsea Thoroughbreds and want to extend those friendships to people who join Chelsea Thoroughbreds as owners. We act as your personal racing concierge & offer a very professional & personal level of service so that gives you the ownership experience we would want for ourselves.

WHO BUYS THE HORSES ? As it is impossible for one person be an expert in every department of thoroughbred racing, we are reliant on the proven track record of our trainers who all have all built their reputations by either using their own know how or being steered by professionals & experts that they have all built relationships with over time. We are delighted to be able to use their own formidable contacts for this. We will also occasionally purchase a horse in training & we use the advise of a number of shrewd judges who have a record second to none in this ﬁeld.

WHAT DOES THE PRICE OF A SHARE INCLUDE ? The share price covers all expenses including the purchase & training of the horses up to the end of their racing season, including all vets bills, entry fees, transport, owners badge for race days & stable visits. A smaller additional sum, which is clearly stated on the Terms & Conditions is due for the second & consecutive year after that for training fees & racing costs etc... WILL CHELSEA THOROUGHBREDS ASK FOR MORE MONEY THAN STATED ON THE TERMS & CONDITIONS ? No

CAN WE SEE THE HORSES BEING TRAINED ? Yes of course. We organize a yearling parade to give you the chance to see the horse(s) you would like to own shares in prior to them going into full training and then set dates prior to the ﬂat season & try to organize a date during the busy season period when possible.

HOW DO I KNOW WHEN MY HORSE IS RUNNING ? We pride ourselves on our personable level of service & owners are kept fully informed as to the progress & running plans of their horses. This is done primarily through email, but also by phone & mobile at shorter notice.

WHAT HAPPENS ON RACEDAY ? Chelsea Thoroughbreds makes available 1 owners badge for collection from the owners entrance on the day their horse runs. We try to offer more badges where possible and are usually successful, but this is in no way guaranteed. Sometimes extra badges can be purchased depending on the course. Owners will of course have access to the paddock & pre parade ring before the race as well as all the Owners facilities provided by the track.

WHY IS JOINING CHELSEA THOROUGHBREDS BETTER THAN SOLE OWNERSHIP ? Apart from the huge ﬁnancial savings & cost effectiveness the club offers it’s owners, you will most certainly have more fun! Many of our members ARE outright racehorse owners but often ﬁnd that the camaraderie is missing & the opportunity to network & meet like minded people is much of what it is all about. Also, you mathematically have a better chance of success being able to outlay your designated shareholding over a different number of horses.

HOW ARE CHELSEA THOROUGHBREDS REMUNERATED ? We try to keep the overall cost of the shares down as much as possible & charge a ﬁxed amount, per share, as a management fee. Also upon sale of the horse, if the proceeds exceed the original purchase price, the company takes 10% of the surplus.

WHAT HAPPENS AT THE END OF THE PARTNERSHIP / SYNDICATE ? Once the horse is sold the partnership / syndicate is wound up & accounts reviewed by the auditors. All surplus of income over expenses is distributed to the shareholders. Any deﬁcit is consumed by the club.