If, as the saying goes, joy shared is joy doubled, then how much joy is created when 140 people are sharing it? Ask anyone involved with the Goodwood Racehorse Owners’ Group and they will tell you plainly, sincerely, almost evangelically, about the joys of membership. Of course they all call it GROG – intoxicating stuff, for sure.
It hardly needs saying that racehorse ownership can be a perilous enterprise, a path paved with pitfalls, fraught with financial uncertainty. After all, everyone knows that the surest way to end up with a small fortune from racing is to start with a vast one. Three cheers for GROG, then, for it bucks the trend, placing the emphasis not on fortunes won or lost but on the good fortune of finding like-minded souls with whom to share the transcendent ups and the inevitable downs of racehorse ownership.
“If you enjoy racing, if you want to dip your toe into it at a reasonable level and learn a bit on the way, there isn’t a better syndicate than ours,” says Gail Brown, GROG’s longserving racing manager. Brown might be partial, but her opinion is convincingly supported by facts and borne out by assurances from delighted syndicate members, many of them veterans of multiple campaigns.
“It provides an insight into the other side of racing that you wouldn’t get on your own,” enthuses David Fisher, a GROG member for the past eight years. “It’s a very good introduction to the wider racing scene.”
Heads are nodded, enthusiastic affirmation at the ready. “It’s a great way to get inside racing,” says Colin Bloomfield, who joined the first iteration of the syndicate in 1994 and has been ever-present since. “We’re spoilt – you meet wonderful people, enjoy first-class facilities. Of course, seeing your horse run is the main reason for joining, but there are so many other benefits.”
Syndicate members buy into a two-year scheme, whereby one horse is purchased from the sales each year by Brown and bloodstock agent Richard Frisby and raced as a two-year-old and a three-year-old, before going back to the sale-ring to end the association. This means that at any given time GROG has two horses racing in its distinctive yellow and red silks, all of them bearing the “Goodwood” prefix, and members can own a part of one horse or both.
Numbers are limited to 140 for each two-year scheme, and the cost for joining is £1,500. If that figure sounds appealing, here are some others that are equally impressive: “We’ve had 17 individual winners from 25 runners,” says Brown. “I’m proud of that, considering that we buy on a budget. About £50,000 would be the ceiling, but on that you can buy a bit of a pedigree, a good sireline or damline. You can’t get everything but you can buy yourself a chance. And every year, from every scheme, there’s been money in the pot to be returned to members. They’ve always enjoyed a return on their investment.”
Syndicate racehorse ownership is now as common as daisies; practically every third horse is owned by a small convocation of pals, work colleagues, enthusiasts. Most are smaller than GROG, several are much larger, but the same principle applies. However, when GROG started back in the mid-1990s it was a pioneering move, a watershed moment. Goodwood was the first to link a syndicate to a racecourse, with all the ancillary benefits to its members that such a connection brings.
“It was the idea of the Duke of Richmond and racecourse manager Rod Fabricius,” says Brown. “Their approach was that racing should be for everyone, fully inclusive. They would buy a horse, then Goodwood board-member John Dunlop would train it, and anyone who wanted to could buy into the scheme.”
The original altruistic impulse behind the formation of GROG lives on in the Duke’s grandson, Lord William Gordon Lennox, 26, who took on the role of the group’s patron when his grandfather died in 2017. His passion for racing was instilled in him by his grandfather – “My brothers are obsessed with fast cars, but for me it’s horses,” – and he views GROG with the same clarity of intention. “GROG was designed to be accessible; the whole point was not to make it too expensive or too exclusive for potential members,” he says. “For my grandfather, it was all about building a local community in racing, so people could buy a very small part of a horse and still know all the thrills of ownership. That remains the idea behind it now. GROG is very important to Goodwood. There’s a real sense of connection, of affinity between the racecourse and the members. That’s one of the best things about the syndicate – and I’m delighted to be involved with it.”
Goodwood Rocket was GROG’s first horse and was placed but never won. The following year, however, Goodwood Lass made the breakthrough by winning twice. After that, it was not exactly a deluge but certainly a steady stream of success. The syndicate’s financial flagship horse is probably Goodwood Mirage, who cost 27,000 guineas as a yearling and won twice before being sold for a princely 380,000gns to go hurdling, ensuring a sizeable end-of-year dividend for his owners – though, of course, each member has his or her personal favourite.
“Goodwood Blizzard,” says Bloomfield. “She won at Ascot in 1999, romped in by five lengths. That was a great day.”
That wasn’t the only impact Goodwood Blizzard made on her owners, for she was a pioneer in her own right. When she ran in the prestigious Premio Dormello at San Siro racecourse in Milan, she was accompanied by a partisan gang of GROG members on the first overseas trip organised for the syndicate by Brown.