2020 SEPTEMBER (Early) Online Sale

Description

5% Share Only

About Titan

Titan (who raced in Australia with the name ‘Titan of Industry’) has been identified by Champion Singapore Trainer, Mark Walker as an ideal type for Singapore Racing.

Now a Three Old Gelding (as of 1 August 2020), Titan was originally purchased as a Yearling at the 2019 Magic Million Sale for A$200,000 as a Stallion prospect for Sir Owen Glenn’s Go Bloodstock Australia group. Trained by Sir Owen’s private trainer, Matt Vella, based at Hawkesbury in NSW, he raced in June and July 2020 for a 5th and a 3rd placing and after determining that he was not quite up to Metropolitan Saturday Class racing and having needed to be gelded he was put up for sale by his owners.

Fortuna acquired Titan at the July Inglis Online Sale for just A$37,500. He is now agisting at Shipton Lodge in New South Wales awaiting to enter quarantine ahead of traveling to Singapore late September 2020 – after exiting quarantine in Singapore, he will be prepared to race by Fortuna’s Singapore Champion Trainer Mark Walker and should be ready to have his first race in Singapore December/ early January 2020. He has been fully vetted for Singapore and approved for entry into Singapore by the Malaysian Racing Authority. Landed in Singapore and taking everything into account such as purchase price, insurance, fees, freight to Singapore, Vetting, agistment/quarantine costs and working capital, he has an approximate value of NZ$90,000.

As a Three Year Old non winner Titan will be eligible to contest Restricted Maiden Grade events in Singapore, a Grade which carries S$75,000 of prizemoney (approx. NZ$83,000). Once winning in that Grade, he will then be eligible to race in Novice Grade, a Grade which also carries S$75,000 of prizemoney (approx. NZ$83,000). As a Three Year Old in the 2020/21 Season Titan will be eligible for the Singapore 3yo Series consisting of three Group races run during April and May of 2021 for total prizemoney of S$1.5m approx.

Pedigree

Titan possesses a very good pedigree. He is by the top Stallion, Written Tycoon, the 3rd ranked Sire by winners in Australia for the 2019/20 season and the Sire of over 530 winners including 58 Stakes Winners. Titan’s Dam, Keltara (by Exceed and Excel) is a three time winner on the track, is the dam of three foals, including Titan and the other two of her progeny have both won on the racetrack. Keltara is a half sister to the Listed winner Missy Cummings – this is a solid family with many black type winners throughout the generations.

Training & Race History

Titan was prepared by Matthew Vella, based at Hawkesbury in NSW – he had six trials between October 2019 and May 2020 before making his race day debut on a Slow 7 track at Hawkesbury on the 23rd June running 5th after being caught wide. He backed up at Goulburn over 1000m on 10th July putting in a strong performance for 3rd beaten 1.3 lengths. Click https://www.youtube.com/watch?v=Ua8paZGEzwg to see the race replay – Titan is in the yellow silk racing on the rail a bit ahead of mid field

Physical Type

A strong, handsome, athletic Bay Gelding, standing 16 hands high and weighing 510 kgs, Titan has the physical attributes to match his pedigree. Australian bred Sprinting/Miler types have had an exceptional record in Singapore over the years.

Trainer’s view (Mark Walker)

I was really taken with Titan’s second trial at Randwick and then he was very good at his 2nd race day start over a trip (1000m) clearly too short for him. I believe that he is a horse that will mature into himself as a post Christmas 3yr old and beyond. Lightly raced and very sound, I am tipping he can win races in Singapore very quickly – John Galvin and I have bought several horses of this profile over the past couple of years and all have gone well in Singapore – he has a bright future up here.”

Syndicator’s view (John Galvin)

Mark Walker and I have been making a bit of an art form of selecting well bred tried horses at “budget” prices over the last year or two – Federation, Red Rover, Brutus, Showbound, Hadeer, Entertainer and Prohibition all being good examples. We have seen enough of Titan to indicate that he can do a very good job for us in Singapore – he is a very nice physical type who, like many young horses, was probably pushed along too early as a 2yo – he will benefit from a good paddock spell ahead of his travel to Singapore in September”

Disclosure Statement & Agreement

View the Disclosure Statement for Titan https://www.fortuna-nz.com/ctmgr/wp-content/uploads/3a.Disclosure-Statement-104.pdf

View the Syndicate Agreement for Titan https://www.fortuna-nz.com/ctmgr/wp-content/uploads/4a.Agreement-104-Web-1.pdf

Terms

· 10% share $9,000 | 5% share $4,500 | 2.5% share $2,250 | 1% share $900 (all pricing in NZ$)

· Share price includes all initial costs (Purchase price, Promoters fees, Transport to Singapore, Insurance through to 31st January 2021, and Working Capital of over $9,000 approx

· Monthly ongoing costs from 1st October 2020. From that date ongoing costs are: 10% share $360 per month | 5% share $180 per month | 2.5% share $90 per month | 1% share $36 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