Prairie Meadows Racing Club

PRAIRIE MEADOWS RACING CLUB
Experience Thoroughbred Ownership with Prairie Meadows

Introducing the Prairie Meadows Racing Club (“Club”) – your low risk pathway to becoming a racehorse owner. Be a part of the action and become a member of the Club.

Membership is limited to 200 ownership shares.

The Basics
The Club is a low-cost, social and educational glimpse into the life of Thoroughbred ownership. It offers 200 people a chance to be a part of this thrilling experience with Prairie Meadows.

Memberships are available for $300 each, with no additional expenses. The one-time membership fee is used to purchase the horse and cover training costs and other expenses associated with the care of the horse. All decisions regarding the horse, including its purchase, will be made by the TBA trainer on behalf of the Club. Members will receive regular updates on the program via email and a Facebook page.

The Club has been organized as a 501(c) (7) not-for-profit social club. Members should not join with any profit motive or expectation of profit, and must acknowledge that they may not receive back any of their $300 membership fee. After payment of all horse-related expenses and other club costs, all purse earnings or proceeds from the sale of the horse will be distributed to the members but will not exceed $300 per member. The remainder will be donated to a local charity, selected at the discretion of the Club’s Board of Directors. All decisions on the purchase, training, and racing of the Club’s horse will be made by the trainer and the Club’s Board of Directors.

The Benefits
The Club provides an exclusive experience with many perks such as:

• A behind-the-scenes look at Thoroughbred ownership


• Learn from the Club trainer about his approach to training and strategy for winning


• Exclusive Club events at Prairie Meadows


• Priority valet service

Club Structure

• The Club is organized as a 501(C)(7) not-for-profit-social-club.


• Members must join with the understanding that they cannot make any profit from their
  membership.


• Members must acknowledge that they may not receive back any of their $300 membership fee.


• Should a profit be made, the proceeds will be distributed to a charity as selected at the discretion of the Club’s Board of Directors.


• There will be a total of five (5) persons serving on the Club’s Board of Directors.


• All members must be 21 years of age or older to participate.