FAQ
Frequently Asked Questions
Why join Edge Racing?
The syndicate Edge Racing is part of MyRacehorse, the micro-share syndicate that completely reimagined horse ownership, by making the most prized bloodstock available to fans across the world. Edge Racing is now looking to re-imagine the syndicate model, providing unparalleled access, insight, horsemanship and ultimately excitement. Our groups average 15-20 partners per horses allowing to to have a much more personalized / high touch approach.
What type of horses does Edge acquire?
We mainly focus on finding value and really focusing on acquiring athletes. The majority of our acquisitions are at the 2 year old in training sales, but have been known to acquire some yearlings and horses of racing age.
Do I need to be an accredited investor?
Offerings which are a 506(c) will require all investors to verify their accreditation status (See definition of accredited investor here.)
Can I still invest in micro-shares with MyRacehorse?
Absolutely, the goal of Edge is to offer all owners additional options and levels of ownership, we encourage diversifying in both products.
What is Edge Advantage?
This is our all inclusive share product (no ongoing bills) where we take some big swings on horses and price the shares at smaller percentages enabling affordability for very quality horses. Edge Advantage shares (when available) are displayed on our offering page.
Do I get an Owners License?
With a purchase of a unit in Edge entitles the investor to an ownership license, subject to applicable restrictions. With an owner license, you are entitled to get access to the paddock and backside, however since we are the manager all paddock access and backside access must be approved by the manager.
How are earnings distributed?
On a quarterly basis via your MyRacehorse account.
What are the costs?
The share price is usually based on a 2.5% - 10% equity interest in the horse and includes the anticipated expenses for the first calendar year of ownership. Beyond that partners are responsible for their pra rata share of training and care.
What about Tax Reporting?
We are taxed as a partnership; Investors will receive a schedule K-1.
Still have a question? Contact us!
This is not an offer to sell or a solicitation of any offer to buy any securities. Interests offered by Series Edge Racing are done pursuant to an exemption under Rule 506(c) of the Securities Act of 1933. This exemption permits an issuer to engage in general solicitation or general advertising of the offering and selling of securities pursuant to Rule 506(c), provided that (1) all purchasers of the securities are accredited investors and (2) the issuer takes reasonable steps to verify that such purchasers are accredited investors.