UPDATE:Â Shezawitness has sold out but you can still get involved in affordable thoroughbred ownership through miRunners with a number of horses and trainers still available. Click here to go to Our Stable and browse through our range of horses and trainers, all for a low price.
Time is running out to secure your unit in miRunners’ second horse with the auction approaching and the majority of Priority Access Vouchers already sold.
This voucher offer ends at 5pm AEDT on Tuesday 9 January.
miRunners’ first horse, Saganaki, sold out before he even began trialling and it looks like the second horse – to be purchased at the Gold Coast Magic Millions auctions – will sell out even quicker.
The second horse will be trained by Melbourne-based Mick Price, one of Australia’s best trainers, with an ownership costing between $165-275 with a monthly fee of $15 to cover training, transport, food, insurance, admin – the lot!
You can secure your right to a unit by purchasing a Priority Access Voucher for only $15. When the horse is purchased in January, you’ll get your first two months fee-free ($30 value) so you make your money back from the Priority Access Voucher.
How it works
There is no secret to our formula: we simply purchase a premium racehorse, match it up with a top tier trainer and split the purchase cost into 1,000 units.
For example: when the first miRunners horse – Saganaki, was purchased at the Gold Coast Magic Millions for $165,000, the horse was split into 1,000 units which were available to purchase for $165 each.
We expect any horse we purchase to be in the $165,000-275,000 price range and every horse we purchase will be divided into 1,000 equal units. If the horse wins, the owners’ share of win is also distributed equally by 1,000 units.
miRunners makes its fees from the monthly fee. $10 covers the communication and administration, $5 per month covers all the insurance, food and training fees. Total fees for your first unit will be $15 per month but only $5 for any subsequent units. No matter how many units you own, you pay the $10 component for your first unit only.
UPDATE: Shezawitness has sold out but you can still get involved in affordable thoroughbred ownership through miRunners with a number of horses and trainers still available. Click here to go to Our Stable and browse through our range of horses and trainers, all for a low price.