In most cases, a syndicate is set up for several owners to buy a share in one horse, but Foxtrot Racing have moved the goalposts by forming a five-horse syndicate and they got off to a dream start yesterday at Worcester.
The Red Caps were announced in December by syndicate manager Dan Abraham, with the fee costing less than £500 per horse until October 2021.
The five-runner squad were selected and are trained by Grand National-winning trainer Dr Richard Newland, who holds a very modest 21% strike rate in British National Hunt racing over the last five seasons.
Phoenix Dawn was the first horse in action for the syndicate, finishing ninth on his seasonal reappearance in a 1m6f handicap on the all-weather at Wolverhampton last week.
However, the Red Caps launched an assault at Worcester on Wednesday with the two members of the squad claiming maiden victories in the National Hunt sphere.
Point-to-point graduate Tiger Orchid stormed to victory on his stable debut in the two-mile maiden bumper, cruising past his rivals to claim success by 11 lengths.
He made easy work of his opponents, travelling strongly and making his way to the front comfortably in the home straight.
Sam Twiston-Davies kicked his mount on and he responded, quickening away from the pack to win convincingly.
The double was completed 30 minutes later when Blue Ribbon ran out a comfortable winner in the two-mile handicap hurdle.
The six-year-old had struggled in Ireland as a five-year-old, but Newland worked his magic once again as the gelding cruised to a nine-length victory.
It is currently unknown which of the Red Caps will run next, but it is clear that Foxtrot Racing’s five-horse syndicate is on the rise.