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SOURCE Crowd Racing
EDINBURGH, Scotland, December 20, 2013 /PRNewswire/ --
New crowdfunding platform Crowd Racing is bringing the exciting and rapidly growing world of crowdfunding into the wonderful world of horse racing. Launched mid November, Crowd Racing is the first crowdfunding platform anywhere in the world to exclusively offer racehorse ownership.
The Sport of Kings is now more accessible to the "crowd" than ever before; crowdfunding racehorse ownership allows owners from all over the country to own shares with trainers anywhere in the UK and even build their own stable of horses which they have shares in.
Crowdfunding is becoming increasingly popular by the day right across the globe and especially in the UK. Our technology partners Crowdcube are the UK's leading equity crowdfunding platform, and have helped over 80 businesses raise over £16 million since being founded in 2010.
Crowdcube is the next generation of business investment. Crowd Racing will be the next generation of racehorse ownership.
The idea of shared ownership is not original in horse racing. Partnerships, syndicates and racing clubs have been popular for many years now but we feel there is a demand for an alternative.
Partnerships and syndicates have restrictions on the numbers of owners allowed and therefore to get involved can become expensive. Racing clubs can be more cost-effective but they do not offer genuine ownership; you are a member of a club and don't always qualify for prize money or ownership benefits.
Crowd Racing allows the benefits of all the existing channels but with the ability to get involved at a lower cost and yet still be a genuine owner; with owner benefits and a share of prize money and a share of any proceeds from the sale of your horse.
Crowd Racing - A new way to get involved in racehorse ownership
Working with some of the best trainers in the UK, including Nigel Twiston-Davies, Jeremy Gask, Fergal O'Brien, Dan Kubler, Nick Alexander and Keith Dalgleish, Crowd Racing offers the opportunity for anyone interested in owning shares in a racehorse with a top trainer to do so at an affordable price.
Craig McKenna of Crowd Racing said, "This is an exciting new platform, the popularity of crowdfunding continues to grow at an amazing rate and the potential of a crowdfunding platform exclusively for racehorses is brilliant."
Eamonn Wilmott of Horses First Racing said, "Along with our trainer, Jeremy Gask, Horses First Racing are always at the forefront of the latest training technologies and the use of sports sciences so we were delighted to be able to get involved with Crowd Racing."
For additional information or further quotes or images please contact Craig McKenna.
Crowd Racing was launched in November 2013 and the platform was built by leading crowdfunding company Crowdcube. The platform allows prospective racehorse owners to buy shares in racehorses with some of the top trainers in the UK for affordable prices, allows the racehorse trainers in the UK access to a wealth of new owners.
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