small bills

Ventura Storm wins the Gran Premio Jockey Club Group 1

ENIGMA Racing syndicates

If you don't have fortunes to spend on owning racehorses, we think it's a lot more fun to own a small share in something with big potential.

In 2016 Enigma syndicates won three Listed stakes, a Group 3 and a Group 1. We even managed 2nd in the St Leger. In March 2017, our first runner at the Festival came 3rd in the Kim Muir.

Yet most of our shares cost around £200 or less.

We set out to experience the thrill of ownership at the highest level, on a sensible budget. Proper ownership, with prize money, yard visits and badges to go racing.

The trainers

We invest in excellent yards, north and south - a mix of champion trainers, classic winners and rising stars:

Flat: R Hannon, R Fahey, D O'Meara, R Charlton, Sir M Prescott, H Palmer, K Ryan, M Johnston, Joseph O'Brien, J Osborne, Roger Fell & K Dalgleish.

National Hunt: N Henderson, A King, W Greatrex, Ben Pauling & K Dalgleish.

"I thought the Hamdan runners would swallow him up and then he just accelerated and stretched away. This Enigma Racing lark, just gets better and better...."

ENIGMA Racing brings together small groups of people interested in splitting the cost of buying a racehorse share - like you might do with friends, but on a more organised basis.

By splitting a share into smaller pieces, we hugely reduce the cost of ownership for each person, to hobby levels of outlay.

We achieve this through close personal connections with top syndicators like Middleham Park Racing.

Our syndicates have enabled all sorts of people to fulfil the dream of ownership, in some seriously nice horses. At these prices you can even build your own string, which is amazing fun.

Captain Woodie - N Henderson
Enigma owners toast 3rd in the Kim Muir

We have already fielded runners at most of the top GB flat meetings, plus international fixtures like Arc day and the Irish 2000 Guineas.

We've had winners in the UK, France, Germany & Italy and our National Hunt division is now ready to unleash some fine prospects for the winter 2016-17 season.

"We offer true ownership at affordable prices. Every syndicate is a registered owner and the syndicate members receive a full share of any prize money or proceeds on sale"

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Black type winners

Lexington Times, Spring Cup (Listed)

Persona Grata, Prix Tarragon (Listed)

Persona Grata, Prix Calonne (Listed)

Swift Approval, Herbstpreis (Listed)

Ventura Storm, Premio Jockey Club (Gr1)

Ventura Storm, Prix Reux (Gr3)

Ventura Storm, Fielden Stakes (Listed)

Ventura Storm, Glasgow Stakes (Listed)

Spring Cup winner, Lexington Times

Black type placed

Lexington Times, 2nd Int. Trial Stakes (Listed)

Persona Grata, 3rd Prix Flore (Gr3)

Loaves And Fishes, 3rd Prix Pepiniere (Listed)

Persona Grata, 2nd Prix Fontainbleau (Listed)

Ventura Storm, 2nd St Leger (Gr1)

Notable handicap performances

Swift Approval, 1st Silver Bunbury Cup (Class 2)

Premier Bond, 3rd Kim Muir (Cheltenham, Class 2)

Divine Spear, 2nd Silver Plate (Kempton, Class 2)

Divine Spear, 3rd Steel Plate (Cheltenham, Class 2)

Biggest prize won

Ventura Storm, St Leger - £150,500

Most career prize money

Ventura Storm - £327,648

How to purchase

The shares are exclusive to members of the ENIGMA forum.

ENIGMA is an online racing community that began life as a betting research group. That side of things remains very active - but the bloodstock shares are now a big part of what we do.

The ENIGMA forum is an outstanding resource for racing enthusiasts and budding owners alike. Membership is £79.99 per year by direct debit, or £84.99 by card.

If you'd like to chat about joining, we'd be delighted to hear from you. Just email:

" get these results is some accomplishment. My grateful thanks from a nobody in Devon, because all my impossible teenage dreams are now being realised."

"A very big thank you for the open morning at Richard Hannon's where we were made to feel very welcome and involved in all that went on. This was our first experience with Enigma and to say it was a big success would be an understatement..."

ENIGMA membership


Q: Is there a monthly payment for training fees? No. The share price we quote includes the initial training fees. When that runs out you pay a small lump sum once per year, usually between £70 and £90 less your share of any prize money.

Q: Can I visit the yard? You are invited to attend regular visits and gallop mornings. We visit most yards around 4 or 5 times a year, these tend to be very social occasions!

Q: How do I apply for an Owners' & Trainers' badge to go racing? You email the syndicator for badges. Some badges will be free, others are paid for on collection at cost price. For really big meetings there may be a ballot for those we can obtain.

Q: Are there any other costs? We pay an all-inclusive rate for upkeep which includes all vets' bills and normal costs of racing. Entry fees, horse transport abroad and insurance (if arranged) are extra but just deducted from prize money. Everything is summarised in an annual statement.

Q: How long is my commitment? The shares are designed to be kept for the natural life of the syndicate. However if a horse proves disappointing, as a syndicate we can hand the share back and walk away any time after the first 12 months. All decisions by simple majority vote.