Terms and Conditions – Grand Syndicates
Effective Date: November 10, 2025
These Terms and Conditions (“Terms”) govern your participation in any racing syndicate operated by Grand Syndicates (“we”, “us”, or “our”). By joining one of our racing syndicates, you agree to comply with these Terms.
Syndicate Structure
Each syndicate is established for the purpose of racing a specific horse or group of horses and is governed by a formal Syndicate Agreement. Ownership of each horse is held in accordance with this agreement, which sets out individual share percentages, associated costs, and entitlements.
Eligibility
To participate in a Grand Syndicates racing syndicate, you must be over 18 years of age and legally capable of entering into a binding agreement. We reserve the right to decline any application to join a syndicate at our sole discretion.
Financial Contributions
By joining a syndicate, you agree to pay the advertised upfront share price and any ongoing fees as detailed in the Syndicate Agreement. These fees contribute to the ongoing care and management of the horse, including training, agistment, veterinary services, transport, insurance, race nominations, and administrative costs.
Returns and Distributions
Any prize money or proceeds from the sale of a horse are distributed according to the individual ownership shares, after deducting any outstanding costs or liabilities. It is important to understand that participation does not guarantee a financial return, and there is a possibility you may lose the entirety of your investment.
Risks and Disclaimers
Horse racing involves significant risk. A horse may underperform, suffer injury or illness, or, in unfortunate cases, die unexpectedly. Grand Syndicates accepts no responsibility for any financial loss or dissatisfaction that may arise from your involvement in a racing syndicate.
Management and Communication
All horses are managed professionally, with decisions made in the best interests of both the horse and the syndicate members. We aim to provide regular updates via email and social media channels, though the frequency and detail of these communications may vary.
Termination
A syndicate may be dissolved upon the retirement, sale, or death of the horse, or by agreement of the majority of owners. Upon winding up, all remaining funds and assets will be distributed proportionally among syndicate members, subject to the settlement of any final expenses.
Responsible Participation
We encourage all participants to approach syndicate ownership responsibly. Please ensure you fully understand the risks involved and that you are financially capable of meeting all ongoing commitments associated with your ownership share.
Governing Law
These Terms are governed by the laws of Western Australia. Any disputes arising under these Terms will be resolved through the courts of Western Australia.
Gambling Disclaimer
Grand Syndicates offers horse ownership opportunities and does not operate as a gambling product. However, as wagering is closely associated with the racing industry, we strongly support responsible gambling practices. If you or someone you know needs assistance, please visit [Gambling Help Online](https://www.gamblinghelponline.org.au/) or call 1800 858 858.