Introduction to Racehorse Ownership For The Small Investor Offered At Hofstra U.
January 1st, 2004
A new course at Hofstra University examines in detail the benefits and risks of racehorse ownership as an alternative investment vehicle.
The timing couldn’t be better! New York is on the verge of installing video lottery terminals (slots) at racetracks, thus insuring a much enhanced purse structure for owners. Racing syndicates (partnerships) for the small investor are being formed at a rapid pace.
Topics will include forms of ownership, licensing, acquisition of horses, hiring of professionals, insurance, tax issues, training expenses and related areas. This “investment with legs” (four of them to be exact!) is taught by an attorney, Chris Wittstruck, who is an experienced thoroughbred and standardbred owner and racing writer.
Hofstra University is located in western Long Island and is easily accessible from anywhere in the New York Metropolitan area.
For information on this course or any of Hofstra University Business Studies programs or courses, call (516) 463-7800.
