Ok for those still interested in this topic here is what I have found.

The majority of people I have talked to about this topic ( syndicate managers, trainers, and some owners ) have said to steer clear of purchasing a racehorse like the plague unless you are in it for a hobby.

To me this seems like a very expensive hobby costing up to 20K+ to purchase a 10% share in a horse. The costs are then approx 1K to 10K a year for 3 to 4 years for a total of 23K-50K investment. And all of this is for only a 10% ownership.

Some of the comments included "You will lose your money."

"Buying a racehorse should be a hobby and not seen as an investment. It should be purely for fun".

So for those with lots of money .... this might be a good way to have some fun, but for those looking at genuine investments then steer clear.

Good Luck.