Have you ever wished you could own racehorses but didn’t want to receive monthly bills? LandMark 15 Racing Stable provides you with that opportunity by participating in this ‘fractional ownership’ group.

• Shares are $2,000. Multiple shares are encouraged and sharing shares is also allowed. For example, four friends could buy one share.

• LandMark 15 will partner with other owners to buy 25% to 33% of four to eight Ontario bred yearlings that will be selected, trained and raced by Steacy Stables (Mark and his sons Shawn and Clarke).

• There are 110 shares in LandMark 14 that purchased 25% to 33% of six Ontario yearlings (now two-year olds). The objective for LandMark 15 is to sell 200 shares which would allow the purchase of more than six yearlings.

• Each year the new group spends approximately half of the funds on the purchase of yearlings and retains the other half to pay all expenses for the first year, including training, veterinary bills, shoeing, stake payments etc. The stable is promoted by Howard Pearce, with assistance from Kathy Steacy (Corresponding Officer) and Mike Steacy (Financial Officer).

• All purse money earned by LandMark 15 two-year old horses will be retained and used to pay three-year old expenses. Likewise, three-year old purse money will be used to pay four-year old expenses. Normally, LandMark horses are sold at the end of their three-year old season, except in cases where they are racing very well and expected to make a profit as a four-year old. Hello Love, from Landmark 10, is a good example. At the end of her three-year old season, we decided to keep her and she has made a profit every year since. She is now six years old.

• Mark and Howard will try their best to operate LandMark 15 efficiently which might include selling a horse before the end of its three-year old season if it is obvious that he/she is an underachiever, or we need to reduce monthly expenses. In the 14-year history of LandMark Stables, shareholders have never had to pay additional funds.

• Email updates are sent frequently to the shareholders that includes information about how the horses are training, any health issues, stakes information and when and where they are racing. Every year, we hold an Open House where shareholders can meet their horses, their partners and the Steacy team.

• Payment may be made by cheque or E-transfer. Make cheques payable to LandMark 15 Racing Stable and mail to Mike Steacy, 98 Haig Road, Gananoque, ON K7G 2VG. Or E-Transfer to Mike Steacy. Mike’s email is steacystables@gmail.com