Syndicated-ownership in horse racing has opened up the sport to small investors, allowing them to purchase top-quality horses from top stud farms for a fraction of the cost. This has democratized ownership in the sport, which was previously dominated by royal families and business tycoons. The increase in syndicate ownership has also benefited the breeding industry by selling stocks at good prices.

Horses racing in premier centers like Mumbai, Hyderabad, and Bengaluru are typically purchased at annual auction sales of stud farms in the winter. Syndicates like the Knotty Syndicate from Bengaluru have seen success in picking up high-performing horses, with some horses remaining unbeaten in their career starts. This new ownership pattern has even seen big breeders like the Poonawallas selling shares in their racing stock.

Small owners are enjoying the thrill of horse racing at an affordable cost, with the potential for significant returns on their investment. The increase in buyers, particularly small owners, has injected new life into the sport and provided opportunities for more people to participate in the excitement of horse racing.