The 2yo by Charm Spirit out of Thurlow

About The 2yo by Charm Spirit out of Thurlow

On Tuesday 11^th October, we secured the Charm Spirit – Thurlow Colt – Lot 79 for A$80,000 from the Inglis Ready 2 Race sale in Sydney – our Singapore Trainer, Donna Logan was down from Singapore for the sale and she had identified this Colt as a “must buy” – this after inspecting every horse on the Sales ground pre sale – she had picked out five potential purchases for us to consider – Lot 79 (who was Donna’s No 1 preference) was the first to go through the ring. We were not confident that we could secure him as the vendor had paid A$65,000 for him at the Inglis Premier Yearling sale in Melbourne and our budget was A$80,000 but in the end we prevailed. This horse is to be gelded and will be sent to Singapore to race

Physical Type – a strong, athletic type standing just under 16 hands and tipping the scales at 496 kgs, he is a lovely physical specimen.

He was broken in April/May of 2022 and then given his first stable preparation, then paddock spelled for  four weeks before then being given a pre Sales preparation culminating in a Breeze Up Gallop ahead of the Sale.

Click HERE to see his Breeze up Callop

Click HERE to see his pre sale Parade

Pedigree – by the Irish Bred Group One winning CHARM SPIRIT, the Sire of over 290 winners, including 15 Stakes winners, he is out of the dual Stakes winning (in Victoria)  Mare, THURLOW (by Sebring), this is a very strong pedigree page. Interesting to note that Donna currently has two up and comers in her Stable by Charm Spirit, the Te Akau syndicated 4yo Charminton (3 wins, 3 2nds from 5 starts) and the Kylie Bax syndicated 3yo Luxury Brand (2 wins, 2 2nds from 5 starts)

Click HERE to see his pedigree.

Vetting – this Colt had his X Rays and Scope inspected by our Singapore Vet, Dr Dan Shaw, who declared his X Rays clean and he was a Grade One (highest grade) on his scope and our very good Matamata Vet, Dr Ronan Costello, was at the sales ground – he undertook a physical inspection for us and passed him with No Significant Findings, commenting that he would benefit from Gelding (which we would be doing anyway) and that he was probably still 6 months away from being fully mature (which Donna had already identified as well) – and is going to be about 6 months before he would have his first trial anyway

Ongoing Plans – after  being  gelded and receiving his Singapore vaccinations, he will agist at a farm in Victoria and will travel to Singapore late December – he will quarantine there for two weeks and then join his stablemates at the Te Akau Racing Stables at Kranji race track where Donna will get him ready for racing. Assuming that he exits Singapore quarantine early January, he could be ready to have his first Singapore trial (they are required to have two Singapore trials before racing) mid April – still a 2yo at that point, he will be eligible for any 2yo races at that time (the 2023 Singapore calendar is still being finalised) but will also be eligible (as a 2yo) for Restricted Maiden Grade racing, a grade which carries S$75k of prize money (approx NZ$90k at current exchange rate).

Note that he is also eligible for this Grade as a 3yo and once winning in that Grade he is eligible for Novice Grade (for 1 win horses), also for prizemoney of  S$75k  – notable that the Fortuna 4yo, Trident, who has had 4 Singapore starts for 2 wins and 2 2nds, has won in both Restricted Maiden and Novice grades and has accumulated S$104k in stakes to date – this is why we love racing in Singapore!!!

Donna says

“John, you have made me a very happy Singapore Trainer – I had a very open mind during inspections, but I kept coming back to this fellow – he is a lovely physical type who vetted well and who will benefit immensely from the two month break he will have in NSW before flying to Singapore – I wasn’t sure if we could get him for your budget, but the sale was quite patchy and we clearly got lucky. My two Charm Spirits in Singapore are taking all before them and there is no reason why this boy cannot do the same.”

Charm Spirit Colt in action

Terms – all up this Colt will be fully syndicated for NZ$152,000 – this includes Purchase price, Promoters Fees, Vetting costs, Transport to Singapore, Insurance paid to 31 Jan 2024 and working capital of just under $14k – 10% share = $15,200, 5% share = $7,600, 2.5% share = $3,800 and 1% share = $1,520. And then $40 per month per each 1% share from 1 Jan 2023

As I am sure you are only too well aware, Fortuna Racing has had a great run in Singapore in recent years (19 wins in 2021 and 17 so far in 2022) – we seem to be buying the right type of horse for Singapore conditions and of course, Donna Logan is currently the leading Trainer in Singapore with her team firing on all cylinders

Disclosure Statement & Agreement

View and/or Download the Disclosure Statement and the Syndicate Agreement for this syndicate

Read the Declaration.

Terms

The all up syndicated cost is NZ $152,000 – this includes purchase price, freight to Singapore, Promoters fees, insurance through to January 2024 and just over $14,000 of working capital.

• Shares available right down to 1%.
• 10% share $15,200 – 5% share  $7,600– 2.5% share $3,800 – 1% share $1,520 (all pricing in NZ$)
• Share price includes all Initial Costs (Purchase price, Promoters Fees, Transport to Singapore, Insurance through to 31st January 2024, and Working Capital of $14,000 approx
• Monthly ongoing costs from 1^st January 2023 – from that date ongoing costs are – 10% share $400 per month – 5% share $200 per month – 2.5% share $100 per month – 1% share $40 per month.
• Monthly ongoing costs can alternatively be paid up to 12 months in advance as an option for subscribers by Bank Payment or Credit Card

Applications can only be made after Investors have perused and signed the NZ Thoroughbred Racing approved Disclosure Statement. This can be obtained from the Syndicate Promoter, Fortuna Ltd (Director John Galvin).

Fortuna Ltd is an Authorised Syndicator in accordance with the Code of Practice administered by New Zealand Thoroughbred Racing (Inc) established under The Financial Markets Conduct (Equine Bloodstock) Exemption Notice 2016. Details of this Offer are contained in the Disclosure Statement relating to the Offer

Purchase a share in CHARM SPIRIT 2yo today from the ‘Add To Cart’ button above or contact us for more information.